7 Rowan Place, Colchester, CO1 1AJ is a leasehold flat built between 2003-2006. The property offers approximately 797 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £247,312 , which equates to approximately £310 per square foot. It was last sold on 1 Aug 2002 for £117,500. Since then, the value has increased by £129,812, representing a 110.5% increase, or approximately 4.7% per year.

The current estimated value of £247,312 is:

  • 27.5% lower than the average property price on Rowan Place
  • 21.6% lower than the average in the CO1 1AJ postcode area
  • and 23.2% lower than the average price for Colchester as a whole

View sold house prices in CO1 1AJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£247,312
Price Per sq ft (estimate)
£310
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Rowan Place, Colchester, Essex, CO1 1AJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 15 Jul 2020.

This property uses electric storage 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 10 Jun 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was changed from low energy lighting in 89% of fixed outlets to low energy lighting in 78% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to CO1 1AJ

34 th / 38
Price Rank
22% lower than average
21 st / 34
Size Rank
20% smaller than average
31 st / 34
Price Per Sq FT Rank
2% lower than average

Compared to other properties in CO1 1AJ , this flat's estimated value ranks 34th out of 38. Based on price per square foot, it ranks 31th out of 34 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 21th out of 34 properties in its postcode area.

Sale History

Today
£247,312
streetscan.co.uk estimate
+110 %
1 Aug 2002
£117,500
Leasehold

Area Insights

Similar Properties Sold Nearby

9 Rowan Place, Colchester, CO1 1AJ
rooms: 3
size: 700 sq ft
sale price: £238,000
sale date: 17 Apr 2024
12 Rowan Place, Colchester, CO1 1AJ
rooms: 4
size: 915 sq ft
sale price: £156,500
sale date: 25 Oct 2002

Data Sources

The property at 7 Rowan Place, Colchester, Essex, CO1 1AJ appears once in the Land Registry records, with the transaction recorded on 1 Aug 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jul 2020. 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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