50 Holly Way, Elmstead, Colchester, CO7 7YG is a freehold terraced property built between 1967-1975. The property offers approximately 721 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £204,120 , which equates to approximately £283 per square foot. It was last sold on 20 Jan 2023 for £210,000. Since then, the value has decreased by £5,880, representing a 2.8% decrease, or approximately 1.0% per year.

The current estimated value of £204,120 is:

  • 34.2% lower than the average property price on Holly Way
  • 29.1% lower than the average in the CO7 7YG postcode area
  • and 36.6% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 28 November 2022, the property was recorded as owner-occupied.

View sold house prices in CO7 7YG

Building approximate location

About Property

Type
Terraced Bungalow
Built
1967-1975
Interior Size
721 sq ft
Tenure
Freehold
Price (estimate)
£204,120
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
2 bedrooms

EPC Summary

50 Holly Way, Elmstead, Colchester, Tendring, Essex, CO7 7YG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Nov 2022.

This property uses electric room 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 1 May 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 25%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system changed from from main system, no cylinderstat to electric immersion, off-peak, with no change in energy efficiency (poor).
  • The roof construction or insulation changed from pitched, 100mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 42% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO7 7YG

42 nd / 47
Price Rank
29% lower than average
21 st / 31
Size Rank
11% smaller than average
21 st / 31
Price Per Sq FT Rank
20% lower than average

Compared to other properties in CO7 7YG , this bungalow's estimated value ranks 42th out of 47. Based on price per square foot, it ranks 21th out of 31 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 21th out of 31 properties in its postcode area.

Sale History

Today
£204,120
streetscan.co.uk estimate
-3 %
20 Jan 2023
£210,000
Leasehold
+50 %
9 Nov 2012
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

58 Holly Way, Elmstead, Colchester, CO7 7YG
rooms: 3
size: 743 sq ft
sale price: £240,000
sale date: 23 Feb 2024
18 Holly Way, Elmstead, Colchester, CO7 7YG
rooms: 3
size: 667 sq ft
sale price: £255,000
sale date: 25 Aug 2023
54 Holly Way, Elmstead, Colchester, CO7 7YG
rooms: 3
size: 721 sq ft
sale price: £238,500
sale date: 10 Sep 2021
14 Holly Way, Elmstead, Colchester, CO7 7YG
rooms: 3
size: 646 sq ft
sale price: £270,000
sale date: 29 Mar 2021
48 Holly Way, Elmstead, Colchester, CO7 7YG
rooms: 3
size: 614 sq ft
sale price: £215,000
sale date: 27 Jul 2018

Data Sources

The property at 50 Holly Way, Elmstead, Colchester, CO7 7YG appears two times in the Land Registry records, with the latest transaction recorded on 20 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Nov 2022. 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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