Flat 24, Pier Wharf Quayside Drive, Colchester, CO2 8GN is a leasehold flat built between 2007-2011. The property offers approximately 667 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 £182,135 , which equates to approximately £273 per square foot. It was last sold on 30 Jan 2017 for £164,000. Since then, the value has increased by £18,135, representing a 11.1% increase, or approximately 1.2% per year.

The current estimated value of £182,135 is:

  • 0.3% higher than the average property price on Quayside Drive
  • 1.2% higher than the average in the CO2 8GN postcode area
  • and 43.4% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 18 October 2021, the property was recorded as rented.

View sold house prices in CO2 8GN

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
667 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£182,135
Price Per sq ft (estimate)
£273
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 24, Pier Wharf Quayside Drive, Colchester, Essex, CO2 8GN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Oct 2021.

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 30 Nov 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 5.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.33 w/m?k to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
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 CO2 8GN

27 th / 55
Price Rank
1% higher than average
15 th / 54
Size Rank
12% bigger than average
43 rd / 54
Price Per Sq FT Rank
9% lower than average

Compared to other properties in CO2 8GN , this flat's estimated value ranks 27th out of 55. Based on price per square foot, it ranks 43th out of 54 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 15th out of 54 properties in its postcode area.

Sale History

Today
£182,135
streetscan.co.uk estimate
+11 %
30 Jan 2017
£164,000
Leasehold
+31.2 %
14 Dec 2011
£124,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £185,500
sale date: 24 Feb 2024
rooms: 3
size: 657 sq ft
sale price: £180,000
sale date: 11 Aug 2021
rooms: 3
size: 624 sq ft
sale price: £180,000
sale date: 12 Feb 2021
rooms: 3
size: 570 sq ft
sale price: £190,000
sale date: 28 Feb 2020
rooms: 3
size: 592 sq ft
sale price: £160,000
sale date: 3 Jul 2019

Data Sources

The property at Flat 24, Pier Wharf Quayside Drive, Colchester, CO2 8GN appears two times in the Land Registry records, with the latest transaction recorded on 30 Jan 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Oct 2021. 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.


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