Flat 4, 54 Lucas Road, Colchester, CO2 7ER is a leasehold flat built between 2003-2006. The property offers approximately 753 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 £168,935 , which equates to approximately £224 per square foot. It was last sold on 14 Mar 2005 for £115,000. Since then, the value has increased by £53,935, representing a 46.9% increase, or approximately 2.3% per year.

The current estimated value of £168,935 is:

  • 26.3% lower than the average property price on Lucas Road
  • 19.6% lower than the average in the CO2 7ER postcode area
  • and 47.5% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 5 July 2021, the property was recorded as rented.

View sold house prices in CO2 7ER

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£168,935
Price Per sq ft (estimate)
£224
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 54 Lucas Road, Colchester, Essex, CO2 7ER has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Jul 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO2 7ER

21 st / 22
Price Rank
20% lower than average
6 th / 21
Size Rank
9% bigger than average
21 st / 21
Price Per Sq FT Rank
27% lower than average

Compared to other properties in CO2 7ER , this flat's estimated value ranks 21th out of 22. Based on price per square foot, it ranks 21th out of 21 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 6th out of 21 properties in its postcode area.

Sale History

Today
£168,935
streetscan.co.uk estimate
+47 %
14 Mar 2005
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 732 sq ft
sale price: £160,000
sale date: 25 Sep 2017
rooms: 3
size: 721 sq ft
sale price: £129,995
sale date: 19 Nov 2004

Data Sources

The property at Flat 4, 54 Lucas Road, Colchester, Essex, CO2 7ER appears once in the Land Registry records, with the transaction recorded on 14 Mar 2005. It also has a single Energy Performance Certificate (EPC) from 5 Jul 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.


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.