88 Rotary Way, Colchester, CO3 3LG is a leasehold flat built between 2007-2011. The property offers approximately 786 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £195,970 , which equates to approximately £249 per square foot. It was last sold on 9 Jan 2024 for £200,000. Since then, the value has decreased by £4,030, representing a 2.0% decrease, or approximately 1.0% per year.

The current estimated value of £195,970 is:

  • 9.9% lower than the average property price on Rotary Way
  • 4.0% lower than the average in the CO3 3LG postcode area
  • and 39.1% lower than the average price for Colchester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 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
786 sq ft
Tenure
Leasehold
Price (estimate)
£195,970
Price Per sq ft (estimate)
£249
Bedroom Count (estimate)
2 bedrooms

EPC Summary

88 Rotary Way, Colchester, Essex, CO3 3LG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Mar 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Mar 2014, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 21.9%.

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 system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 90% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 90% of fixed outlets
Very Good

Compared to CO3 3LG

52 nd / 79
Price Rank
4% lower than average
21 st / 76
Size Rank
13% bigger than average
61 st / 76
Price Per Sq FT Rank
15% lower than average

Compared to other properties in CO3 3LG , this flat's estimated value ranks 52th out of 79. Based on price per square foot, it ranks 61th out of 76 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 76 properties in its postcode area.

Sale History

Today
£195,970
streetscan.co.uk estimate
-2 %
9 Jan 2024
£200,000
Leasehold
+19.2 %
29 May 2008
£167,796
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £167,000
sale date: 25 Oct 2024
rooms: 3
size: 861 sq ft
sale price: £200,000
sale date: 11 Nov 2022
rooms: 3
size: 689 sq ft
sale price: £173,000
sale date: 4 Oct 2022
rooms: 4
size: 753 sq ft
sale price: £200,000
sale date: 14 Feb 2022
rooms: 4
size: 797 sq ft
sale price: £182,500
sale date: 18 Dec 2020

Data Sources

The property at 88 Rotary Way, Colchester, CO3 3LG appears two times in the Land Registry records, with the latest transaction recorded on 9 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 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.