57 Rotary Way, Colchester, CO3 3LJ is a leasehold flat built between 2003-2006. The property offers approximately 495 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £139,577 , which equates to approximately £282 per square foot. It was last sold on 27 Oct 2022 for £150,000. Since then, the value has decreased by £10,423, representing a 6.9% decrease, or approximately 2.2% per year.

The current estimated value of £139,577 is:

  • 35.8% lower than the average property price on Rotary Way
  • 30.7% lower than the average in the CO3 3LJ postcode area
  • and 56.6% lower than the average price for Colchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 15 December 2021, the property was recorded as rented.

View sold house prices in CO3 3LJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£139,577
Price Per sq ft (estimate)
£282
Bedroom Count (estimate)
1 bedroom

EPC Summary

57 Rotary Way, Colchester, Essex, CO3 3LJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Dec 2021.

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 30 Jun 2011, and the property received the same rating of C with an unchanged energy efficiency score of 71.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in 86% of 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, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to CO3 3LJ

67 th / 80
Price Rank
31% lower than average
67 th / 77
Size Rank
25% smaller than average
35 th / 77
Price Per Sq FT Rank
8% lower than average

Compared to other properties in CO3 3LJ , this flat's estimated value ranks 67th out of 80. Based on price per square foot, it ranks 35th out of 77 properties. In terms of size, this home ranks 67th out of 77 properties in its postcode area.

Sale History

Today
£139,577
streetscan.co.uk estimate
-7 %
27 Oct 2022
£150,000
Leasehold
+13.6 %
12 Feb 2018
£132,000
Leasehold
+23.4 %
16 Dec 2011
£107,000
Leasehold
-26.2 %
26 Jun 2007
£145,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £162,000
sale date: 19 Dec 2022
rooms: 2
size: 495 sq ft
sale price: £130,000
sale date: 25 Sep 2020
rooms: 2
size: 463 sq ft
sale price: £130,000
sale date: 9 Mar 2018
rooms: 2
size: 463 sq ft
sale price: £135,000
sale date: 31 Aug 2017
rooms: 2
size: 463 sq ft
sale price: £126,000
sale date: 14 Jul 2017

Data Sources

The property at 57 Rotary Way, Colchester, CO3 3LJ appears four times in the Land Registry records, with the latest transaction recorded on 27 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Dec 2021. 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.