24 Axial Drive, Colchester, CO4 5RY is a leasehold flat built between 2007-2011. The property offers approximately 646 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £183,706 , which equates to approximately £284 per square foot. It was last sold on 11 Oct 2011 for £117,500. Since then, the value has increased by £66,206, representing a 56.3% increase, or approximately 4.0% per year.

The current estimated value of £183,706 is:

  • 36.0% lower than the average property price on Axial Drive
  • 23.6% lower than the average in the CO4 5RY postcode area
  • and 42.9% lower than the average price for Colchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 29 October 2021, the property was recorded as rented.

View sold house prices in CO4 5RY

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
646 sq ft
Tenure
Leasehold
Price (estimate)
£183,706
Price Per sq ft (estimate)
£284
Bedroom Count (estimate)
2 bedrooms

EPC Summary

24 Axial Drive, Colchester, Essex, CO4 5RY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 29 Oct 2021.

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 31 Oct 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 3.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
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 5RY

82 nd / 95
Price Rank
24% lower than average
76 th / 92
Size Rank
23% smaller than average
45 th / 92
Price Per Sq FT Rank
1% lower than average

Compared to other properties in CO4 5RY , this flat's estimated value ranks 82th out of 95. Based on price per square foot, it ranks 45th out of 92 properties. In terms of size, this home ranks 76th out of 92 properties in its postcode area.

Sale History

Today
£183,706
streetscan.co.uk estimate
+56 %
11 Oct 2011
£117,500
Leasehold
-2.1 %
4 Dec 2009
£119,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £200,000
sale date: 28 Mar 2025
rooms: 3
size: 646 sq ft
sale price: £205,000
sale date: 21 Mar 2025
rooms: 3
size: 570 sq ft
sale price: £191,000
sale date: 28 Mar 2024
rooms: 3
size: 678 sq ft
sale price: £190,000
sale date: 14 Feb 2024
rooms: 3
size: 721 sq ft
sale price: £179,000
sale date: 3 Nov 2023

Data Sources

The property at 24 Axial Drive, Colchester, CO4 5RY appears two times in the Land Registry records, with the latest transaction recorded on 11 Oct 2011. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Oct 2021. 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.