40 Kirk Way, Colchester, CO4 5ZN is a leasehold flat built in 2007 onwards. The property offers approximately 624 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 £163,703 , which equates to approximately £262 per square foot. It was last sold on 26 Oct 2010 for £107,895. Since then, the value has increased by £55,808, representing a 51.7% increase, or approximately 3.4% per year.

The current estimated value of £163,703 is:

  • 48.2% lower than the average property price on Kirk Way
  • 46.2% lower than the average in the CO4 5ZN postcode area
  • and 49.2% lower than the average price for Colchester as a whole

View sold house prices in CO4 5ZN

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£163,703
Price Per sq ft (estimate)
£262
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Kirk Way, Colchester, Essex, CO4 5ZN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Aug 2020.

This property uses electric room 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 24 Sep 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 15.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from average thermal transmittance 0.16 w/m?k to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.35 w/m?k to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO4 5ZN

58 th / 58
Price Rank
46% lower than average
52 nd / 57
Size Rank
35% smaller than average
55 th / 57
Price Per Sq FT Rank
17% lower than average

Compared to other properties in CO4 5ZN , this flat's estimated value ranks 58th out of 58. Based on price per square foot, it ranks 55th out of 57 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 52th out of 57 properties in its postcode area.

Sale History

Today
£163,703
streetscan.co.uk estimate
+52 %
26 Oct 2010
£107,895
Leasehold

Area Insights

Similar Properties Sold Nearby

56 Kirk Way, Colchester, CO4 5ZN
rooms: 3
size: 592 sq ft
sale price: £207,500
sale date: 4 Mar 2022
34 Kirk Way, Colchester, CO4 5ZN
rooms: 3
size: 603 sq ft
sale price: £158,000
sale date: 1 Jul 2021
32 Kirk Way, Colchester, CO4 5ZN
rooms: 3
size: 603 sq ft
sale price: £142,000
sale date: 14 Jan 2021
42 Kirk Way, Colchester, CO4 5ZN
rooms: 3
size: 624 sq ft
sale price: £150,000
sale date: 7 Sep 2018
36 Kirk Way, Colchester, CO4 5ZN
rooms: 3
size: 603 sq ft
sale price: £107,895
sale date: 27 Sep 2010

Data Sources

The property at 40 Kirk Way, Colchester, Essex, CO4 5ZN appears once in the Land Registry records, with the transaction recorded on 26 Oct 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Aug 2020. 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.
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