56 Rotary Way, Colchester, CO3 3LG is a leasehold flat built between 2007-2011. The property offers approximately 474 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £194,783 , which equates to approximately £411 per square foot. It was last sold on 31 Mar 2016 for £160,000. Since then, the value has increased by £34,783, representing a 21.7% increase, or approximately 2.2% per year.

The current estimated value of £194,783 is:

  • 10.4% lower than the average property price on Rotary Way
  • 4.6% lower than the average in the CO3 3LG postcode area
  • and 39.5% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 20 March 2023, the property was recorded as owner-occupied.

View sold house prices in CO3 3LG

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£194,783
Price Per sq ft (estimate)
£411
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Rotary Way, Colchester, Essex, CO3 3LG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Mar 2023.

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 3 Sep 2012. The rating of B remains the same, but the energy efficiency score improved by 3.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
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 CO3 3LG

49 th / 79
Price Rank
5% lower than average
73 rd / 76
Size Rank
32% smaller than average
6 th / 76
Price Per Sq FT Rank
40% higher than average

Compared to other properties in CO3 3LG , this flat's estimated value ranks 49th out of 79. Based on price per square foot, it ranks 6th out of 76 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 73th out of 76 properties in its postcode area.

Sale History

Today
£194,783
streetscan.co.uk estimate
+22 %
31 Mar 2016
£160,000
Leasehold
-8 %
30 Mar 2007
£174,000
Leasehold

Area Insights

Similar Properties Sold Nearby

74 Rotary Way, Colchester, CO3 3LG
rooms: 3
size: 463 sq ft
sale price: £154,000
sale date: 17 Sep 2021
126 Rotary Way, Colchester, CO3 3LG
rooms: 3
size: 495 sq ft
sale price: £177,500
sale date: 9 Aug 2021
62 Rotary Way, Colchester, CO3 3LG
rooms: 2
size: 474 sq ft
sale price: £130,000
sale date: 7 Feb 2020
64 Rotary Way, Colchester, CO3 3LG
rooms: 3
size: 474 sq ft
sale price: £148,000
sale date: 8 Nov 2019
152 Rotary Way, Colchester, CO3 3LG
rooms: 3
size: 506 sq ft
sale price: £170,000
sale date: 20 Apr 2018

Data Sources

The property at 56 Rotary Way, Colchester, CO3 3LG appears two times in the Land Registry records, with the latest transaction recorded on 31 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Mar 2023. 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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