48 Ballantyne Drive, Colchester, CO2 8GL is a leasehold flat built between 2003-2006. The property offers approximately 517 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 £145,814 , which equates to approximately £282 per square foot. It was last sold on 14 Sep 2012 for £95,000. Since then, the value has increased by £50,814, representing a 53.5% increase, or approximately 4.0% per year.

The current estimated value of £145,814 is:

  • 27.4% lower than the average property price on Ballantyne Drive
  • 24.2% lower than the average in the CO2 8GL postcode area
  • and 54.7% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 1 June 2021, the property was recorded as rented.

View sold house prices in CO2 8GL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£145,814
Price Per sq ft (estimate)
£282
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Ballantyne Drive, Colchester, Essex, CO2 8GL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Jun 2021.

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

The previous EPC assessment was conducted on 11 Mar 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 6.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO2 8GL

19 th / 21
Price Rank
24% lower than average
19 th / 21
Size Rank
24% smaller than average
16 th / 21
Price Per Sq FT Rank
0% same as average

Compared to other properties in CO2 8GL , this flat's estimated value ranks 19th out of 21. Based on price per square foot, it ranks 16th out of 21 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 19th out of 21 properties in its postcode area.

Sale History

Today
£145,814
streetscan.co.uk estimate
+53 %
14 Sep 2012
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £110,000
sale date: 3 Nov 2015
rooms: 2
size: 495 sq ft
sale price: £97,000
sale date: 11 Jul 2012
rooms: 2
size: 517 sq ft
sale price: £98,500
sale date: 11 Jul 2012
rooms: 2
size: 495 sq ft
sale price: £140,000
sale date: 17 May 2024
rooms: 2
size: 441 sq ft
sale price: £115,000
sale date: 15 Apr 2015

Data Sources

The property at 48 Ballantyne Drive, Colchester, Essex, CO2 8GL appears once in the Land Registry records, with the transaction recorded on 14 Sep 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Jun 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.