4 Axial Drive, Colchester, CO4 5RY is a leasehold flat built between 2007-2011. The property offers approximately 635 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 £194,444 , which equates to approximately £306 per square foot. It was last sold on 16 Mar 2012 for £125,000. Since then, the value has increased by £69,444, representing a 55.6% increase, or approximately 4.0% per year.

The current estimated value of £194,444 is:

  • 32.3% lower than the average property price on Axial Drive
  • 19.1% lower than the average in the CO4 5RY postcode area
  • and 39.6% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 6 July 2023, the property was recorded as rented.

View sold house prices in CO4 5RY

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
635 sq ft
Tenure
Leasehold
Price (estimate)
£194,444
Price Per sq ft (estimate)
£306
Bedroom Count (estimate)
1 bedroom

EPC Summary

4 Axial Drive, Colchester, Essex, CO4 5RY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Jul 2023.

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.

The previous EPC assessment was conducted on 16 Oct 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 15% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
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 CO4 5RY

64 th / 95
Price Rank
19% lower than average
79 th / 92
Size Rank
24% smaller than average
30 th / 92
Price Per Sq FT Rank
6% higher than average

Compared to other properties in CO4 5RY , this flat's estimated value ranks 64th out of 95. Based on price per square foot, it ranks 30th out of 92 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 79th out of 92 properties in its postcode area.

Sale History

Today
£194,444
streetscan.co.uk estimate
+56 %
16 Mar 2012
£125,000
Leasehold
+4.2 %
21 Dec 2007
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £205,000
sale date: 21 Mar 2025
rooms: 3
size: 570 sq ft
sale price: £191,000
sale date: 28 Mar 2024
rooms: 3
size: 678 sq ft
sale price: £190,000
sale date: 14 Feb 2024
rooms: 3
size: 721 sq ft
sale price: £179,000
sale date: 3 Nov 2023
rooms: 3
size: 689 sq ft
sale price: £196,000
sale date: 31 Mar 2023

Data Sources

The property at 4 Axial Drive, Colchester, CO4 5RY appears two times in the Land Registry records, with the latest transaction recorded on 16 Mar 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jul 2023. 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.