16, Woods Court Propelair Way, Colchester, CO4 5YR is a leasehold flat built between 2007-2011. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £221,317 , which equates to approximately £290 per square foot. It was last sold on 29 Sep 2006 for £160,000. Since then, the value has increased by £61,317, representing a 38.3% increase, or approximately 2.0% per year.

The current estimated value of £221,317 is:

  • 2.5% higher than the average property price on Propelair Way
  • 10.8% higher than the average in the CO4 5YR postcode area
  • and 31.3% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 22 January 2024, the property was recorded as rented.

View sold house prices in CO4 5YR

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£221,317
Price Per sq ft (estimate)
£290
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16, Woods Court Propelair Way, Colchester, Essex, CO4 5YR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Jan 2024.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Jan 2014, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO4 5YR

33 rd / 64
Price Rank
11% higher than average
18 th / 64
Size Rank
13% bigger than average
50 th / 64
Price Per Sq FT Rank
2% lower than average

Compared to other properties in CO4 5YR , this flat's estimated value ranks 33th out of 64. Based on price per square foot, it ranks 50th out of 64 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 18th out of 64 properties in its postcode area.

Sale History

Today
£221,317
streetscan.co.uk estimate
+38 %
29 Sep 2006
£160,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £167,000
sale date: 8 Oct 2024
rooms: 3
size: 775 sq ft
sale price: £185,000
sale date: 27 Sep 2024
rooms: 3
size: 753 sq ft
sale price: £190,000
sale date: 13 Mar 2024
rooms: 3
size: 807 sq ft
sale price: £191,500
sale date: 20 Oct 2023
rooms: 3
size: 657 sq ft
sale price: £190,000
sale date: 13 Oct 2023

Data Sources

The property at 16, Woods Court Propelair Way, Colchester, Essex, CO4 5YR appears once in the Land Registry records, with the transaction recorded on 29 Sep 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jan 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.