49 Nicholsons Grove, Colchester, CO1 2XS is a leasehold flat built between 1991-1995. The property offers approximately 398 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £136,159 , which equates to approximately £342 per square foot. It was last sold on 31 Aug 2022 for £145,000. Since then, the value has decreased by £8,841, representing a 6.1% decrease, or approximately 1.8% per year.

The current estimated value of £136,159 is:

  • 14.6% lower than the average property price on Nicholsons Grove
  • 21.4% lower than the average in the CO1 2XS postcode area
  • and 57.7% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 1 May 2018, 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
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£136,159
Price Per sq ft (estimate)
£342
Bedroom Count (estimate)
1 bedroom

EPC Summary

49 Nicholsons Grove, Colchester, Essex, CO1 2XS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 May 2018.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to CO1 2XS

36 th / 57
Price Rank
21% lower than average
45 th / 51
Size Rank
22% smaller than average
12 th / 51
Price Per Sq FT Rank
1% higher than average

Compared to other properties in CO1 2XS , this flat's estimated value ranks 36th out of 57. Based on price per square foot, it ranks 12th out of 51 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 45th out of 51 properties in its postcode area.

Sale History

Today
£136,159
streetscan.co.uk estimate
-6 %
31 Aug 2022
£145,000
Leasehold
+16 %
28 Sep 2018
£125,000
Leasehold
+23.2 %
24 Feb 2006
£101,500
Leasehold
+21.6 %
10 Apr 2003
£83,500
Leasehold
+39.2 %
15 Feb 2002
£60,000
Leasehold
+33.3 %
19 Nov 1999
£44,995
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: 420 sq ft
sale price: £127,000
sale date: 1 Oct 2021
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
rooms: 2
size: 431 sq ft
sale price: £118,000
sale date: 19 Feb 2016

Data Sources

The property at 49 Nicholsons Grove, Colchester, CO1 2XS appears six times in the Land Registry records, with the latest transaction recorded on 31 Aug 2022. It also has a single Energy Performance Certificate (EPC) from 1 May 2018. 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.