56 Margaret Road, Colchester, CO1 1SA is a freehold detached property built between 1950-1966. The property offers approximately 484 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £495,517 , which equates to approximately £1,023 per square foot. It was last sold on 7 Oct 2010 for £285,000. Since then, the value has increased by £210,517, representing a 73.9% increase, or approximately 4.9% per year.

The current estimated value of £495,517 is:

  • 56.0% higher than the average property price on Margaret Road
  • 52.5% higher than the average in the CO1 1SA postcode area
  • and 53.9% higher than the average price for Colchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 November 2015, the property was recorded as owner-occupied.

View sold house prices in CO1 1SA

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
484 sq ft
Tenure
Freehold
Price (estimate)
£495,517
Price Per sq ft (estimate)
£1,023
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Margaret Road, Colchester, Essex, CO1 1SA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Nov 2015.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 Jun 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 42.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to no system present: electric immersion assumed, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 69% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
No system present: electric immersion assumed
Very Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 69% of fixed outlets
Very Good

Compared to CO1 1SA

1 st / 10
Price Rank
52% higher than average
7 th / 7
Size Rank
32% smaller than average
1 st / 7
Price Per Sq FT Rank
125% higher than average

Compared to other properties in CO1 1SA , this bungalow's estimated value ranks 1st out of 10. Based on price per square foot, it ranks 1st out of 7 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 7th out of 7 properties in its postcode area.

Sale History

Today
£495,517
streetscan.co.uk estimate
+74 %
7 Oct 2010
£285,000
Leasehold
+14.5 %
9 Mar 2007
£249,000
Leasehold
+213.2 %
19 Apr 1996
£79,500
Leasehold

Area Insights

Nearby Properties

rooms: 6
size: 1421 sq ft
sale price: £390,000
sale date: 16 Oct 2020
rooms: 6
size: 1389 sq ft
sale price: £318,000
sale date: 30 Nov 2018
rooms: 4
size: 721 sq ft
sale price: £305,000
sale date: 11 Oct 2024
rooms: 3
size: 624 sq ft
sale price: £163,000
sale date: 22 Oct 2010
rooms: 5
size: 690 sq ft
sale price: £264,500
sale date: 10 Mar 2017

Data Sources

The property at 56 Margaret Road, Colchester, CO1 1SA appears three times in the Land Registry records, with the latest transaction recorded on 7 Oct 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Nov 2015. 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.