42 Gainsborough Road, Colchester, CO3 4QW is a freehold detached property built between 1950-1966. The property offers approximately 872 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £439,214 , which equates to approximately £504 per square foot. It was last sold on 9 Nov 2012 for £250,000. Since then, the value has increased by £189,214, representing a 75.7% increase, or approximately 5.8% per year.

The current estimated value of £439,214 is:

  • 8.2% higher than the average property price on Gainsborough Road
  • 3.9% higher than the average in the CO3 4QW postcode area
  • and 32.0% higher than the average price for Colchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 October 2014, the property was recorded as owner-occupied.

View sold house prices in CO3 4QW

Building approximate location

About Property

Type
Detached House
Built
1950-1966
Interior Size
872 sq ft
Tenure
Freehold
Price (estimate)
£439,214
Price Per sq ft (estimate)
£504
Bedroom Count (estimate)
3 bedrooms

EPC Summary

42 Gainsborough Road, Colchester, Essex, CO3 4QW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Oct 2014.

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 mostly double glazed.

The previous EPC assessment was conducted on 4 Sep 2012, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 19.6%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from fully double glazed to mostly double glazing.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to CO3 4QW

8 th / 16
Price Rank
4% higher than average
12 th / 13
Size Rank
28% smaller than average
1 st / 13
Price Per Sq FT Rank
43% higher than average

Compared to other properties in CO3 4QW , this house's estimated value ranks 8th out of 16. Based on price per square foot, it ranks 1st out of 13 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 12th out of 13 properties in its postcode area.

Sale History

Today
£439,214
streetscan.co.uk estimate
+76 %
9 Nov 2012
£250,000
Leasehold
+17.9 %
24 Mar 2004
£212,000
Leasehold
+135.6 %
15 Jun 1998
£90,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 904 sq ft
sale price: £420,000
sale date: 21 May 2024
rooms: 4
size: 743 sq ft
sale price: £300,000
sale date: 15 Nov 2018
rooms: 4
size: 883 sq ft
sale price: £323,000
sale date: 29 Jan 2016
rooms: 5
size: 915 sq ft
sale price: £282,500
sale date: 6 Aug 2013
rooms: 4
size: 872 sq ft
sale price: £250,000
sale date: 17 Sep 2004

Data Sources

The property at 42 Gainsborough Road, Colchester, CO3 4QW appears three times in the Land Registry records, with the latest transaction recorded on 9 Nov 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Oct 2014. 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.