40 Axial Drive, Colchester, CO4 5RY is a leasehold flat built in 2007 onwards. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £183,304 , which equates to approximately £266 per square foot. It was last sold on 31 Mar 2023 for £196,000. Since then, the value has decreased by £12,696, representing a 6.5% decrease, or approximately 2.4% per year.

The current estimated value of £183,304 is:

  • 36.2% lower than the average property price on Axial Drive
  • 23.7% lower than the average in the CO4 5RY postcode area
  • and 43.1% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 20 April 2015, the property was recorded as owner-occupied.

View sold house prices in CO4 5RY

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£183,304
Price Per sq ft (estimate)
£266
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Axial Drive, Colchester, Essex, CO4 5RY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Apr 2015.

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
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to CO4 5RY

78 th / 95
Price Rank
24% lower than average
63 rd / 92
Size Rank
17% smaller than average
60 th / 92
Price Per Sq FT Rank
8% lower than average

Compared to other properties in CO4 5RY , this flat's estimated value ranks 78th out of 95. Based on price per square foot, it ranks 60th out of 92 properties. In terms of size, this home ranks 63th out of 92 properties in its postcode area.

Sale History

Today
£183,304
streetscan.co.uk estimate
-6 %
31 Mar 2023
£196,000
Leasehold
+36.1 %
6 May 2015
£144,000
Leasehold
+37.1 %
27 Nov 2009
£105,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £200,000
sale date: 28 Mar 2025
rooms: 3
size: 646 sq ft
sale price: £205,000
sale date: 21 Mar 2025
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: 753 sq ft
sale price: £168,000
sale date: 7 Aug 2023

Data Sources

The property at 40 Axial Drive, Colchester, CO4 5RY appears three times in the Land Registry records, with the latest transaction recorded on 31 Mar 2023. It also has a single Energy Performance Certificate (EPC) from 20 Apr 2015. 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.