42 Nicholsons Grove, Colchester, CO1 2XS is a leasehold flat built between 1983-1990. The property offers approximately 433 square feet of living space and is situated on the 1st floor of a 3-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £131,854 , which equates to approximately £306 per square foot. It was last sold on 16 Jun 1998 for £32,250. Since then, the value has increased by £99,604, representing a 308.8% increase, or approximately 11.2% per year.

The current estimated value of £131,854 is:

  • 17.3% lower than the average property price on Nicholsons Grove
  • 23.9% lower than the average in the CO1 2XS postcode area
  • and 59.0% lower than the average price for Colchester as a whole

View sold house prices in CO1 2XS

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
433 sq ft
Tenure
Leasehold
Floor level
1st floor of 3
Price (estimate)
£131,854
Price Per sq ft (estimate)
£306
Bedroom Count (estimate)
1 bedroom

EPC Summary

42 Nicholsons Grove, Colchester, Essex, CO1 2XS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jul 2010.

This property uses electric storage heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, standard tariff
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to CO1 2XS

54 th / 57
Price Rank
24% lower than average
38 th / 51
Size Rank
16% smaller than average
42 nd / 51
Price Per Sq FT Rank
9% lower than average

Compared to other properties in CO1 2XS , this flat's estimated value ranks 54th out of 57. Based on price per square foot, it ranks 42th out of 51 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 38th out of 51 properties in its postcode area.

Sale History

Today
£131,854
streetscan.co.uk estimate
+309 %
16 Jun 1998
£32,250
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: 3
size: 495 sq ft
sale price: £157,000
sale date: 6 Oct 2022
rooms: 2
size: 398 sq ft
sale price: £145,000
sale date: 31 Aug 2022
rooms: 2
size: 420 sq ft
sale price: £127,000
sale date: 1 Oct 2021

Data Sources

The property at 42 Nicholsons Grove, Colchester, Essex, CO1 2XS appears once in the Land Registry records, with the transaction recorded on 16 Jun 1998. It also has a single Energy Performance Certificate (EPC) from 28 Jul 2010. 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.