224 Axial Drive, Colchester, CO4 5YJ is a freehold detached property built in 2012 onwards. The property offers approximately 1,701 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £598,750 , which equates to approximately £352 per square foot. It was last sold on 10 Sep 2024 for £585,000. Since then, the value has increased by £13,750, representing a 2.4% increase, or approximately 1.8% per year.

The current estimated value of £598,750 is:

  • 108.5% higher than the average property price on Axial Drive
  • 57.3% higher than the average in the CO4 5YJ postcode area
  • and 86.0% higher than the average price for Colchester as a whole

At the most recent EPC inspection on 14 May 2024, the property was recorded as owner-occupied.

View sold house prices in CO4 5YJ

Building approximate location

About Property

Type
Detached House
Built
2012 onwards
Interior Size
1701 sq ft
Tenure
Freehold
Price (estimate)
£598,750
Price Per sq ft (estimate)
£352
Bedroom Count (estimate)
5 bedrooms

EPC Summary

224 Axial Drive, Colchester, Essex, CO4 5YJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 May 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Jun 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.17 w/m?k to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.28 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to CO4 5YJ

8 th / 64
Price Rank
57% higher than average
12 th / 59
Size Rank
100% bigger than average
27 th / 59
Price Per Sq FT Rank
21% lower than average

Compared to other properties in CO4 5YJ , this house's estimated value ranks 8th out of 64. Based on price per square foot, it ranks 27th out of 59 properties. In terms of size, this home ranks 12th out of 59 properties in its postcode area.

Sale History

Today
£598,750
streetscan.co.uk estimate
+2 %
10 Sep 2024
£585,000
Leasehold
+86.6 %
10 May 2012
£313,495
Leasehold

Area Insights

Similar Properties Sold Nearby

210 Axial Drive, Colchester, CO4 5YJ
rooms: 7
size: 1905 sq ft
sale price: £465,000
sale date: 4 Feb 2022
237 Axial Drive, Colchester, CO4 5YJ
rooms: 6
size: 1604 sq ft
sale price: £450,000
sale date: 13 May 2021
192 Axial Drive, Colchester, CO4 5YJ
rooms: 8
size: 1679 sq ft
sale price: £415,000
sale date: 8 Mar 2016
223 Axial Drive, Colchester, CO4 5YJ
rooms: 6
size: 1755 sq ft
sale price: £299,995
sale date: 24 Feb 2012
190 Axial Drive, Colchester, CO4 5RY
rooms: 6
size: 1485 sq ft
sale price: £330,000
sale date: 16 Mar 2018

Data Sources

The property at 224 Axial Drive, Colchester, CO4 5YJ appears two times in the Land Registry records, with the latest transaction recorded on 10 Sep 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 14 May 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.
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