94 Axial Drive, Colchester, CO4 5RY is a leasehold flat built between 2007-2011. The property offers approximately 721 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 £175,580 , which equates to approximately £243 per square foot. It was last sold on 3 Nov 2023 for £179,000. Since then, the value has decreased by £3,420, representing a 1.9% decrease, or approximately 0.9% per year.

The current estimated value of £175,580 is:

  • 38.9% lower than the average property price on Axial Drive
  • 27.0% lower than the average in the CO4 5RY postcode area
  • and 45.5% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 30 June 2023, the property was recorded as owner-occupied.

View sold house prices in CO4 5RY

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£175,580
Price Per sq ft (estimate)
£243
Bedroom Count (estimate)
2 bedrooms

EPC Summary

94 Axial Drive, Colchester, Essex, CO4 5RY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Jun 2023.

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 14 Oct 2010. The rating of C remains the same, but the energy efficiency score improved by 5.5%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining cavity wall, as built, insulated (assumed).
  • 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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO4 5RY

65 th / 95
Price Rank
27% lower than average
55 th / 92
Size Rank
13% smaller than average
63 rd / 92
Price Per Sq FT Rank
16% lower than average

Compared to other properties in CO4 5RY , this flat's estimated value ranks 65th out of 95. Based on price per square foot, it ranks 63th out of 92 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 55th out of 92 properties in its postcode area.

Sale History

Today
£175,580
streetscan.co.uk estimate
-2 %
3 Nov 2023
£179,000
Leasehold
-1.9 %
28 Jun 2018
£182,500
Leasehold
+52.1 %
24 Aug 2012
£120,000
Leasehold
-4 %
31 Oct 2008
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £200,000
sale date: 28 Mar 2025
rooms: 3
size: 646 sq ft
sale price: £205,000
sale date: 21 Mar 2025
rooms: 3
size: 678 sq ft
sale price: £190,000
sale date: 14 Feb 2024
rooms: 3
size: 753 sq ft
sale price: £168,000
sale date: 7 Aug 2023
rooms: 3
size: 689 sq ft
sale price: £196,000
sale date: 31 Mar 2023

Data Sources

The property at 94 Axial Drive, Colchester, CO4 5RY appears four times in the Land Registry records, with the latest transaction recorded on 3 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jun 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.