40 Nicholsons Grove, Colchester, CO1 2XS is a leasehold flat built between 1991-1995. The property offers approximately 420 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 £127,830 , which equates to approximately £305 per square foot. It was last sold on 1 Oct 2021 for £127,000. Since then, the value has increased by £830, representing a 0.7% increase, or approximately 0.2% per year.

The current estimated value of £127,830 is:

  • 19.8% lower than the average property price on Nicholsons Grove
  • 26.2% lower than the average in the CO1 2XS postcode area
  • and 60.3% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 26 July 2021, the property was recorded as owner-occupied.

View sold house prices in CO1 2XS

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£127,830
Price Per sq ft (estimate)
£305
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Nicholsons Grove, Colchester, Essex, CO1 2XS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 26 Jul 2021.

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 28 Jan 2009. The rating of D remains the same, but the energy efficiency score improved by 10.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor 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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO1 2XS

51 st / 57
Price Rank
26% lower than average
42 nd / 51
Size Rank
18% smaller than average
32 nd / 51
Price Per Sq FT Rank
10% lower than average

Compared to other properties in CO1 2XS , this flat's estimated value ranks 51th out of 57. Based on price per square foot, it ranks 32th out of 51 properties. In terms of size, this home ranks 42th out of 51 properties in its postcode area.

Sale History

Today
£127,830
streetscan.co.uk estimate
+1 %
1 Oct 2021
£127,000
Leasehold
+0.4 %
20 Mar 2020
£126,500
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: 2
size: 398 sq ft
sale price: £145,000
sale date: 31 Aug 2022
rooms: 2
size: 398 sq ft
sale price: £127,000
sale date: 18 Feb 2019
rooms: 2
size: 431 sq ft
sale price: £125,000
sale date: 18 Oct 2018

Data Sources

The property at 40 Nicholsons Grove, Colchester, CO1 2XS appears two times in the Land Registry records, with the latest transaction recorded on 1 Oct 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jul 2021. 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.