75 Magnolia Drive, Colchester, CO4 3LP is a leasehold terraced property built between 1967-1975. The property offers approximately 527 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £128,908 , which equates to approximately £244 per square foot. It was last sold on 15 Mar 2018 for £108,000. Since then, the value has increased by £20,908, representing a 19.4% increase, or approximately 2.5% per year.

The current estimated value of £128,908 is:

  • 44.2% lower than the average property price on Magnolia Drive
  • 33.7% lower than the average in the CO4 3LP postcode area
  • and 60.0% lower than the average price for Colchester as a whole

View sold house prices in CO4 3LP

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£128,908
Price Per sq ft (estimate)
£244
Bedroom Count (estimate)
1 bedroom

EPC Summary

75 Magnolia Drive, Colchester, Essex, CO4 3LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Jul 2016.

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

The previous EPC assessment was conducted on 13 Oct 2008. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from (another dwelling above) to pitched, 270 mm loft insulation, improving energy efficiency from n/a 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 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO4 3LP

11 th / 11
Price Rank
34% lower than average
11 th / 11
Size Rank
38% smaller than average
6 th / 11
Price Per Sq FT Rank
8% higher than average

Compared to other properties in CO4 3LP , this flat's estimated value ranks 11th out of 11. Based on price per square foot, it ranks 6th out of 11 properties. In terms of size, this home ranks 11th out of 11 properties in its postcode area.

Sale History

Today
£128,908
streetscan.co.uk estimate
+19 %
15 Mar 2018
£108,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 947 sq ft
sale price: £47,000
sale date: 4 Dec 1998
rooms: 4
size: 915 sq ft
sale price: £250,000
sale date: 1 Jun 2023
rooms: 4
size: 990 sq ft
sale price: £218,000
sale date: 14 May 2021
rooms: 3
size: 771 sq ft
sale price: £109,000
sale date: 28 Jul 2006
rooms: 4
size: 969 sq ft
sale price: £230,000
sale date: 15 Nov 2021

Data Sources

The property at 75 Magnolia Drive, Colchester, Essex, CO4 3LP appears once in the Land Registry records, with the transaction recorded on 15 Mar 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jul 2016. 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.