247 Quayside Drive, Colchester, CO2 8GQ is a leasehold flat built between 2003-2006. The property offers approximately 721 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 £211,642 , which equates to approximately £293 per square foot. It was last sold on 25 Sep 2007 for £164,000. Since then, the value has increased by £47,642, representing a 29.1% increase, or approximately 1.6% per year.

The current estimated value of £211,642 is:

  • 16.6% higher than the average property price on Quayside Drive
  • 1.9% lower than the average in the CO2 8GQ postcode area
  • and 34.3% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 11 October 2021, the property was recorded as rented.

View sold house prices in CO2 8GQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£211,642
Price Per sq ft (estimate)
£293
Bedroom Count (estimate)
2 bedrooms

EPC Summary

247 Quayside Drive, Colchester, Essex, CO2 8GQ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 11 Oct 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Nov 2011. The rating of B remains the same, but the energy efficiency score improved by 2.4%.

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 energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in 92% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to CO2 8GQ

41 st / 68
Price Rank
2% lower than average
25 th / 65
Size Rank
1% bigger than average
49 th / 65
Price Per Sq FT Rank
3% lower than average

Compared to other properties in CO2 8GQ , this flat's estimated value ranks 41th out of 68. Based on price per square foot, it ranks 49th out of 65 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 25th out of 65 properties in its postcode area.

Sale History

Today
£211,642
streetscan.co.uk estimate
+29 %
25 Sep 2007
£164,000
Leasehold

Area Insights

Similar Properties Sold Nearby

201 Quayside Drive, Colchester, CO2 8GQ
rooms: 3
size: 710 sq ft
sale price: £180,000
sale date: 11 Feb 2022
305 Quayside Drive, Colchester, CO2 8GQ
rooms: 3
size: 797 sq ft
sale price: £219,000
sale date: 11 Dec 2020
231 Quayside Drive, Colchester, CO2 8GQ
rooms: 3
size: 775 sq ft
sale price: £235,000
sale date: 9 Jul 2020
259 Quayside Drive, Colchester, CO2 8GQ
rooms: 3
size: 710 sq ft
sale price: £172,500
sale date: 4 Nov 2019
293A Quayside Drive, Colchester, CO2 8GQ
rooms: 3
size: 700 sq ft
sale price: £165,000
sale date: 29 Oct 2018

Data Sources

The property at 247 Quayside Drive, Colchester, Essex, CO2 8GQ appears once in the Land Registry records, with the transaction recorded on 25 Sep 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 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.
↑