39 Nicholsons Grove, Colchester, CO1 2XS is a leasehold flat built between 1983-1990. The property offers approximately 474 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £146,280 , which equates to approximately £309 per square foot. It was last sold on 24 Feb 2016 for £120,000. Since then, the value has increased by £26,280, representing a 21.9% increase, or approximately 2.2% per year.

The current estimated value of £146,280 is:

  • 8.2% lower than the average property price on Nicholsons Grove
  • 15.5% lower than the average in the CO1 2XS postcode area
  • and 54.6% 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 22 April 2022, 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
474 sq ft
Tenure
Leasehold
Price (estimate)
£146,280
Price Per sq ft (estimate)
£309
Bedroom Count (estimate)
1 bedroom

EPC Summary

39 Nicholsons Grove, Colchester, Essex, CO1 2XS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Apr 2022.

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 26 Jul 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 9.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
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 CO1 2XS

40 th / 57
Price Rank
16% lower than average
26 th / 51
Size Rank
8% smaller than average
39 th / 51
Price Per Sq FT Rank
8% lower than average

Compared to other properties in CO1 2XS , this flat's estimated value ranks 40th out of 57. Based on price per square foot, it ranks 39th 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 26th out of 51 properties in its postcode area.

Sale History

Today
£146,280
streetscan.co.uk estimate
+22 %
24 Feb 2016
£120,000
Leasehold
+10.6 %
31 Aug 2006
£108,500
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: 3
size: 506 sq ft
sale price: £165,000
sale date: 8 Feb 2022
rooms: 2
size: 420 sq ft
sale price: £127,000
sale date: 1 Oct 2021

Data Sources

The property at 39 Nicholsons Grove, Colchester, CO1 2XS appears two times in the Land Registry records, with the latest transaction recorded on 24 Feb 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Apr 2022. 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.