7 Axial Drive, Colchester, CO4 5YJ is a leasehold flat built between 2003-2006. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £208,932 , which equates to approximately £431 per square foot. It was last sold on 2 Oct 2007 for £160,995. Since then, the value has increased by £47,937, representing a 29.8% increase, or approximately 1.6% per year.

The current estimated value of £208,932 is:

  • 27.2% lower than the average property price on Axial Drive
  • 45.1% lower than the average in the CO4 5YJ postcode area
  • and 35.1% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 12 April 2021, the property was recorded as owner-occupied.

View sold house prices in CO4 5YJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£208,932
Price Per sq ft (estimate)
£431
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 Axial Drive, Colchester, Essex, CO4 5YJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Apr 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 8 Oct 2009. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 28% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
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
No low energy lighting
Very Poor

Compared to CO4 5YJ

55 th / 64
Price Rank
45% lower than average
51 st / 59
Size Rank
43% smaller than average
16 th / 59
Price Per Sq FT Rank
3% lower than average

Compared to other properties in CO4 5YJ , this flat's estimated value ranks 55th out of 64. Based on price per square foot, it ranks 16th out of 59 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 51th out of 59 properties in its postcode area.

Sale History

Today
£208,932
streetscan.co.uk estimate
+30 %
2 Oct 2007
£160,995
Leasehold

Area Insights

Similar Properties Sold Nearby

201 Axial Drive, Colchester, CO4 5YJ
rooms: 2
size: 452 sq ft
sale price: £109,245
sale date: 18 Dec 2011
1 Axial Drive, Colchester, CO4 5YJ
rooms: 3
size: 527 sq ft
sale price: £159,995
sale date: 5 Oct 2007
15 Axial Drive, Colchester, CO4 5YJ
rooms: 3
size: 549 sq ft
sale price: £175,950
sale date: 4 Oct 2007
13 Axial Drive, Colchester, CO4 5YJ
rooms: 3
size: 527 sq ft
sale price: £161,995
sale date: 28 Sep 2007
21 Axial Drive, Colchester, CO4 5YJ
rooms: 3
size: 538 sq ft
sale price: £172,995
sale date: 28 Sep 2007

Data Sources

The property at 7 Axial Drive, Colchester, Essex, CO4 5YJ appears once in the Land Registry records, with the transaction recorded on 2 Oct 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Apr 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.
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