38 Magazine Farm Way, Colchester, CO3 4EJ is a freehold semi-detached property built between 1950-1966. The property offers approximately 1,098 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £394,926 , which equates to approximately £360 per square foot. It was last sold on 2 Oct 2023 for £380,000. Since then, the value has increased by £14,926, representing a 3.9% increase, or approximately 1.8% per year.

The current estimated value of £394,926 is:

  • 2.1% higher than the average property price on Magazine Farm Way
  • 7.6% higher than the average in the CO3 4EJ postcode area
  • and 18.7% higher than the average price for Colchester as a whole

At the most recent EPC inspection on 2 August 2016, the property was recorded as owner-occupied.

View sold house prices in CO3 4EJ

Building approximate location

About Property

Type
Semi-Detached House
Built
1950-1966
Interior Size
1098 sq ft
Tenure
Freehold
Price (estimate)
£394,926
Price Per sq ft (estimate)
£360
Bedroom Count (estimate)
4 bedrooms

EPC Summary

38 Magazine Farm Way, Colchester, Essex, CO3 4EJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Aug 2016.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 6% of fixed outlets
Very Poor

Compared to CO3 4EJ

11 th / 25
Price Rank
8% higher than average
5 th / 20
Size Rank
25% bigger than average
15 th / 20
Price Per Sq FT Rank
14% lower than average

Compared to other properties in CO3 4EJ , this house's estimated value ranks 11th out of 25. Based on price per square foot, it ranks 15th out of 20 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 5th out of 20 properties in its postcode area.

Sale History

Today
£394,926
streetscan.co.uk estimate
+4 %
2 Oct 2023
£380,000
Leasehold
+155 %
2 Dec 2002
£149,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1195 sq ft
sale price: £365,000
sale date: 15 Oct 2018
rooms: 6
size: 1238 sq ft
sale price: £360,000
sale date: 18 Sep 2020

Data Sources

The property at 38 Magazine Farm Way, Colchester, CO3 4EJ appears two times in the Land Registry records, with the latest transaction recorded on 2 Oct 2023. It also has a single Energy Performance Certificate (EPC) from 2 Aug 2016. 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.