53 Magazine Farm Way, Colchester, CO3 4EN is a freehold detached property built between 1950-1966. The property offers approximately 947 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £342,309 , which equates to approximately £361 per square foot. It was last sold on 12 Aug 2016 for £270,000. Since then, the value has increased by £72,309, representing a 26.8% increase, or approximately 2.9% per year.

The current estimated value of £342,309 is:

  • 11.5% lower than the average property price on Magazine Farm Way
  • 7.3% lower than the average in the CO3 4EN postcode area
  • and 2.9% higher than the average price for Colchester as a whole

At the most recent EPC inspection on 13 February 2009, the property was recorded as owner-occupied.

View sold house prices in CO3 4EN

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
947 sq ft
Tenure
Freehold
Price (estimate)
£342,309
Price Per sq ft (estimate)
£361
Bedroom Count (estimate)
3 bedrooms

EPC Summary

53 Magazine Farm Way, Colchester, Essex, CO3 4EN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 Feb 2009.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, but the cylinder is not fitted with a thermostat. The windows have partial double glazing.

Heating Type
Boiler and radiators, mains gas
Average
Hot Water
From main system, no cylinderstat
Poor
Roof
Pitched, 250mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Partial double glazing
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to CO3 4EN

17 th / 22
Price Rank
7% lower than average
9 th / 18
Size Rank
4% bigger than average
13 th / 18
Price Per Sq FT Rank
11% lower than average

Compared to other properties in CO3 4EN , this bungalow's estimated value ranks 17th out of 22. Based on price per square foot, it ranks 13th out of 18 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 9th out of 18 properties in its postcode area.

Sale History

Today
£342,309
streetscan.co.uk estimate
+27 %
12 Aug 2016
£270,000
Leasehold
+58.9 %
20 Mar 2009
£169,900
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 980 sq ft
sale price: £329,995
sale date: 27 Jun 2024
rooms: 4
size: 977 sq ft
sale price: £400,000
sale date: 27 Aug 2019
rooms: 4
size: 936 sq ft
sale price: £195,000
sale date: 8 Mar 2013
rooms: 4
size: 840 sq ft
sale price: £185,000
sale date: 25 Apr 2007
rooms: 5
size: 1066 sq ft
sale price: £325,000
sale date: 30 Apr 2024

Data Sources

The property at 53 Magazine Farm Way, Colchester, CO3 4EN appears two times in the Land Registry records, with the latest transaction recorded on 12 Aug 2016. It also has a single Energy Performance Certificate (EPC) from 13 Feb 2009. 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.