31 Margaret Road, Colchester, CO1 1RZ is a freehold terraced property built between 1900-1929. The property offers approximately 710 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £247,902 , which equates to approximately £349 per square foot. It was last sold on 24 Mar 2023 for £252,000. Since then, the value has decreased by £4,098, representing a 1.6% decrease, or approximately 0.6% per year.

The current estimated value of £247,902 is:

  • 21.9% lower than the average property price on Margaret Road
  • 22.6% lower than the average in the CO1 1RZ postcode area
  • and 23.0% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 23 October 2020, the property was recorded as rented.

View sold house prices in CO1 1RZ

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
710 sq ft
Tenure
Freehold
Price (estimate)
£247,902
Price Per sq ft (estimate)
£349
Bedroom Count (estimate)
2 bedrooms

EPC Summary

31 Margaret Road, Colchester, Essex, CO1 1RZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 23 Oct 2020.

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 the main heating system, though the cylinder has no thermostat. The windows have partial double glazing.

The previous EPC assessment was conducted on 28 Jul 2010. The rating of E remains the same, but the energy efficiency score improved by 2.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The windows were upgraded from some double glazing to partial double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 36% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Average
Lighting
Low energy lighting in 36% of fixed outlets
Average

Compared to CO1 1RZ

18 th / 33
Price Rank
23% lower than average
27 th / 28
Size Rank
19% smaller than average
2 nd / 28
Price Per Sq FT Rank
4% lower than average

Compared to other properties in CO1 1RZ , this house's estimated value ranks 18th out of 33. Based on price per square foot, it ranks 2nd out of 28 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 27th out of 28 properties in its postcode area.

Sale History

Today
£247,902
streetscan.co.uk estimate
-2 %
24 Mar 2023
£252,000
Leasehold
+227.3 %
11 Feb 2000
£77,000
Leasehold
+24.2 %
24 Mar 1999
£62,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 753 sq ft
sale price: £285,000
sale date: 23 Aug 2023
rooms: 4
size: 710 sq ft
sale price: £278,000
sale date: 4 Mar 2022
rooms: 4
size: 743 sq ft
sale price: £258,000
sale date: 18 Dec 2019
rooms: 3
size: 732 sq ft
sale price: £217,000
sale date: 4 Apr 2016
rooms: 3
size: 710 sq ft
sale price: £160,000
sale date: 10 May 2007

Data Sources

The property at 31 Margaret Road, Colchester, CO1 1RZ appears three times in the Land Registry records, with the latest transaction recorded on 24 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Oct 2020. 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.