Flat 12, Orchid Field Court Victoria Esplanade, West Mersea, Colchester, CO5 8XB is a leasehold flat built between 1983-1990. The property offers approximately 689 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £322,449 , which equates to approximately £468 per square foot. It was last sold on 7 Dec 2020 for £305,000. Since then, the value has increased by £17,449, representing a 5.7% increase, or approximately 1.1% per year.

The current estimated value of £322,449 is:

  • 15.1% lower than the average property price on Victoria Esplanade
  • 15.2% higher than the average in the CO5 8XB postcode area
  • and 0.2% higher 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 10 July 2020, the property was recorded as owner-occupied.

View sold house prices in CO5 8XB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£322,449
Price Per sq ft (estimate)
£468
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 12, Orchid Field Court Victoria Esplanade, West Mersea, Colchester, Essex, CO5 8XB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Jul 2020.

This property uses electric storage 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 20 Apr 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 13.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO5 8XB

6 th / 20
Price Rank
15% higher than average
5 th / 16
Size Rank
16% bigger than average
8 th / 16
Price Per Sq FT Rank
1% lower than average

Compared to other properties in CO5 8XB , this flat's estimated value ranks 6th out of 20. Based on price per square foot, it ranks 8th out of 16 properties. In terms of size, this home ranks 5th out of 16 properties in its postcode area.

Sale History

Today
£322,449
streetscan.co.uk estimate
+6 %
7 Dec 2020
£305,000
Leasehold
+56.4 %
21 Oct 2005
£195,000
Leasehold
+5.4 %
19 Jul 2004
£185,000
Leasehold
+172.1 %
14 Aug 1998
£68,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £285,000
sale date: 30 Sep 2022
rooms: 2
size: 700 sq ft
sale price: £290,000
sale date: 30 May 2022
rooms: 3
size: 732 sq ft
sale price: £310,000
sale date: 25 Jun 2021
rooms: 3
size: 646 sq ft
sale price: £195,000
sale date: 6 Mar 2020
rooms: 3
size: 629 sq ft
sale price: £195,000
sale date: 23 Jun 2015

Data Sources

The property at Flat 12, Orchid Field Court Victoria Esplanade, West Mersea, Colchester, CO5 8XB appears four times in the Land Registry records, with the latest transaction recorded on 7 Dec 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jul 2020. 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.