Basement Flat, 12 Port Lane, Colchester, CO1 2JF is a leasehold flat built before 1900. The property offers approximately 366 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £97,622 , which equates to approximately £267 per square foot. It was last sold on 31 Aug 2016 for £86,000. Since then, the value has increased by £11,622, representing a 13.5% increase, or approximately 1.5% per year.

The current estimated value of £97,622 is:

  • 56.6% lower than the average property price on Port Lane
  • 50.8% lower than the average in the CO1 2JF postcode area
  • and 69.7% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 7 March 2022, the property was recorded as rented.

View sold house prices in CO1 2JF

Building approximate location

About Property

Type
Terraced Maisonette
Built
before 1900
Interior Size
366 sq ft
Tenure
Leasehold
Price (estimate)
£97,622
Price Per sq ft (estimate)
£267
Bedroom Count (estimate)
1 bedroom

EPC Summary

Basement Flat, 12 Port Lane, Colchester, Essex, CO1 2JF has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Mar 2022.

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 are fully double glazed.

The previous EPC assessment was conducted on 4 Jul 2016, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 18.4%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was changed from low energy lighting in 40% of fixed outlets to low energy lighting in 43% of fixed outlets, with no change in efficiency (average).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to CO1 2JF

28 th / 28
Price Rank
51% lower than average
26 th / 27
Size Rank
40% smaller than average
16 th / 27
Price Per Sq FT Rank
17% lower than average

Compared to other properties in CO1 2JF , this maisonette's estimated value ranks 28th out of 28. Based on price per square foot, it ranks 16th out of 27 properties. In terms of size, this home ranks 26th out of 27 properties in its postcode area.

Sale History

Today
£97,622
streetscan.co.uk estimate
+14 %
31 Aug 2016
£86,000
Leasehold
+7.5 %
24 Jan 2005
£80,000
Leasehold
+180.7 %
9 Aug 2001
£28,500
Leasehold

Area Insights

Similar Properties Sold Nearby

12A Port Lane, Colchester, CO1 2JF
rooms: 2
size: 388 sq ft
sale price: £105,000
sale date: 21 Feb 2017
12 Port Lane, Colchester, CO1 2JF
rooms: 2
size: 420 sq ft
sale price: £90,000
sale date: 31 Aug 2016
10A Port Lane, Colchester, CO1 2JF
rooms: 2
size: 355 sq ft
sale price: £72,000
sale date: 5 Jul 2016

Data Sources

The property at Basement Flat, 12 Port Lane, Colchester, CO1 2JF appears three times in the Land Registry records, with the latest transaction recorded on 31 Aug 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Mar 2022. 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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