5 Axial Drive, Colchester, CO4 5YJ is a leasehold flat built between 2007-2011. The property offers approximately 592 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 £183,954 , which equates to approximately £311 per square foot. It was last sold on 28 Nov 2018 for £174,000. Since then, the value has increased by £9,954, representing a 5.7% increase, or approximately 0.8% per year.

The current estimated value of £183,954 is:

  • 35.9% lower than the average property price on Axial Drive
  • 51.7% lower than the average in the CO4 5YJ postcode area
  • and 42.9% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 15 December 2020, the property was recorded as rented.

View sold house prices in CO4 5YJ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£183,954
Price Per sq ft (estimate)
£311
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Axial Drive, Colchester, Essex, CO4 5YJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Dec 2020.

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 27 Jan 2011. The rating of D remains the same, but the energy efficiency score improved by 1.5%.

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 22% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor 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 CO4 5YJ

49 th / 64
Price Rank
52% lower than average
46 th / 59
Size Rank
30% smaller than average
21 st / 59
Price Per Sq FT Rank
30% lower than average

Compared to other properties in CO4 5YJ , this flat's estimated value ranks 49th out of 64. Based on price per square foot, it ranks 21th out of 59 properties. In terms of size, this home ranks 46th out of 59 properties in its postcode area.

Sale History

Today
£183,954
streetscan.co.uk estimate
+6 %
28 Nov 2018
£174,000
Leasehold
0 %
5 Oct 2007
£173,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £185,000
sale date: 11 Dec 2024
rooms: 3
size: 635 sq ft
sale price: £170,000
sale date: 17 Oct 2024
rooms: 3
size: 646 sq ft
sale price: £197,500
sale date: 12 Jun 2024
rooms: 3
size: 657 sq ft
sale price: £180,000
sale date: 16 Sep 2019
rooms: 3
size: 646 sq ft
sale price: £118,175
sale date: 25 Nov 2011

Data Sources

The property at 5 Axial Drive, Colchester, CO4 5YJ appears two times in the Land Registry records, with the latest transaction recorded on 28 Nov 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Dec 2020. 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.