5 Rowan Place, Colchester, CO1 1AJ is a leasehold flat built between 1996-2002. The property offers approximately 560 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 £231,947 , which equates to approximately £414 per square foot. It was last sold on 1 Aug 2002 for £110,200. Since then, the value has increased by £121,747, representing a 110.5% increase, or approximately 4.7% per year.

The current estimated value of £231,947 is:

  • 32.0% lower than the average property price on Rowan Place
  • 26.5% lower than the average in the CO1 1AJ postcode area
  • and 28.0% lower than the average price for Colchester as a whole

View sold house prices in CO1 1AJ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£231,947
Price Per sq ft (estimate)
£414
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Rowan Place, Colchester, Essex, CO1 1AJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Jan 2019.

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.

The previous EPC assessment was conducted on 26 Jan 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to CO1 1AJ

37 th / 38
Price Rank
27% lower than average
32 nd / 34
Size Rank
44% smaller than average
10 th / 34
Price Per Sq FT Rank
31% higher than average

Compared to other properties in CO1 1AJ , this flat's estimated value ranks 37th out of 38. Based on price per square foot, it ranks 10th out of 34 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 32th out of 34 properties in its postcode area.

Sale History

Today
£231,947
streetscan.co.uk estimate
+110 %
1 Aug 2002
£110,200
Leasehold

Area Insights

Similar Properties Sold Nearby

1 Rowan Place, Colchester, CO1 1AJ
rooms: 3
size: 538 sq ft
sale price: £160,000
sale date: 27 Sep 2024
3 Rowan Place, Colchester, CO1 1AJ
rooms: 3
size: 614 sq ft
sale price: £136,000
sale date: 27 Mar 2015
25 Rowan Place, Colchester, CO1 1AJ
rooms: 2
size: 614 sq ft
sale price: £125,000
sale date: 13 Dec 2011
4 Rowan Place, Colchester, CO1 1AJ
rooms: 3
size: 635 sq ft
sale price: £129,000
sale date: 19 Apr 2006
2 Rowan Place, Colchester, CO1 1AJ
rooms: 3
size: 592 sq ft
sale price: £131,000
sale date: 26 Feb 2004

Data Sources

The property at 5 Rowan Place, Colchester, Essex, CO1 1AJ appears once in the Land Registry records, with the transaction recorded on 1 Aug 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jan 2019. 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.
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