37 Nicholsons Grove, Colchester, CO1 2XS is a leasehold flat built between 1983-1990. The property offers approximately 441 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £128,788 , which equates to approximately £292 per square foot. It was last sold on 31 Jul 1998 for £31,500. Since then, the value has increased by £97,288, representing a 308.9% increase, or approximately 11.3% per year.

The current estimated value of £128,788 is:

  • 19.2% lower than the average property price on Nicholsons Grove
  • 25.6% lower than the average in the CO1 2XS postcode area
  • and 60.0% lower than the average price for Colchester as a whole

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

View sold house prices in CO1 2XS

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
441 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£128,788
Price Per sq ft (estimate)
£292
Bedroom Count (estimate)
1 bedroom

EPC Summary

37 Nicholsons Grove, Colchester, Essex, CO1 2XS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Jan 2021.

This property uses electric storage 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 Mar 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 1.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • 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
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO1 2XS

47 th / 57
Price Rank
26% lower than average
32 nd / 51
Size Rank
14% smaller than average
37 th / 51
Price Per Sq FT Rank
14% lower than average

Compared to other properties in CO1 2XS , this flat's estimated value ranks 47th out of 57. Based on price per square foot, it ranks 37th out of 51 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 32th out of 51 properties in its postcode area.

Sale History

Today
£128,788
streetscan.co.uk estimate
+309 %
31 Jul 1998
£31,500
Leasehold
+5 %
19 Dec 1995
£30,000
Leasehold
+3.4 %
8 Dec 1995
£29,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £138,000
sale date: 1 Nov 2024
rooms: 2
size: 463 sq ft
sale price: £147,500
sale date: 10 Mar 2023
rooms: 3
size: 495 sq ft
sale price: £157,000
sale date: 6 Oct 2022
rooms: 2
size: 398 sq ft
sale price: £145,000
sale date: 31 Aug 2022
rooms: 3
size: 506 sq ft
sale price: £165,000
sale date: 8 Feb 2022

Data Sources

The property at 37 Nicholsons Grove, Colchester, CO1 2XS appears three times in the Land Registry records, with the latest transaction recorded on 31 Jul 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jan 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.