8B Magdalen Street, Colchester, CO1 2JT is a leasehold flat built between 1900-1929. The property offers approximately 420 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £127,826 , which equates to approximately £305 per square foot. It was last sold on 24 Mar 2016 for £105,000. Since then, the value has increased by £22,826, representing a 21.7% increase, or approximately 2.2% per year.

The current estimated value of £127,826 is:

  • 65.3% lower than the average property price on Magdalen Street
  • 42.6% lower than the average in the CO1 2JT postcode area
  • and 60.3% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 23 January 2019, the property was recorded as owner-occupied.

View sold house prices in CO1 2JT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
420 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£127,826
Price Per sq ft (estimate)
£305
Bedroom Count (estimate)
1 bedroom

EPC Summary

8B Magdalen Street, Colchester, Essex, CO1 2JT has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 23 Jan 2019.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows have partial double glazing.

The previous EPC assessment was conducted on 14 Mar 2014, when the property was rated G. Since then, the rating has improved to F, with the energy efficiency score increasing by 227.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from gas multipoint to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The windows were upgraded from fully secondary glazing to partial double glazing.
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to CO1 2JT

9 th / 11
Price Rank
43% lower than average
1 st / 3
Size Rank
30% smaller than average
3 rd / 3
Price Per Sq FT Rank
18% lower than average

Compared to other properties in CO1 2JT , this flat's estimated value ranks 9th out of 11.

Sale History

Today
£127,826
streetscan.co.uk estimate
+22 %
24 Mar 2016
£105,000
Leasehold

Area Insights

Similar Properties Sold Nearby

108A Magdalen Street, Colchester, CO1 2LA
rooms: 2
size: 398 sq ft
sale price: £65,000
sale date: 8 May 2015
Flat B, 124 Magdalen Street, Colchester, CO1 2LF
rooms: 2
size: 377 sq ft
sale price: £86,000
sale date: 21 Aug 2007
Flat C, 124 Magdalen Street, Colchester, CO1 2LF
rooms: 2
size: 431 sq ft
sale price: £59,000
sale date: 15 Oct 2003

Data Sources

The property at 8B Magdalen Street, Colchester, Essex, CO1 2JT appears once in the Land Registry records, with the transaction recorded on 24 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Jan 2019. 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.
↑