Flat 40, Charles House St Peters Street, Colchester, CO1 1BY is a leasehold flat built between 1983-1990. The property offers approximately 657 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £166,929 , which equates to approximately £254 per square foot. It was last sold on 25 Aug 2023 for £170,000. Since then, the value has decreased by £3,071, representing a 1.8% decrease, or approximately 0.8% per year.

The current estimated value of £166,929 is:

  • 25.2% lower than the average property price on St Peters Street
  • 9.5% lower than the average in the CO1 1BY postcode area
  • and 48.2% lower 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 27 October 2022, the property was recorded as owner-occupied.

View sold house prices in CO1 1BY

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£166,929
Price Per sq ft (estimate)
£254
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 40, Charles House St Peters Street, Colchester, Essex, CO1 1BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Oct 2022.

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 19 Jun 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 44.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat, limited insulation (assumed) to flat, insulated (assumed), improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 44% 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
Roof
Flat, insulated (assumed)
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 CO1 1BY

17 th / 41
Price Rank
9% lower than average
28 th / 34
Size Rank
15% smaller than average
7 th / 34
Price Per Sq FT Rank
7% higher than average

Compared to other properties in CO1 1BY , this flat's estimated value ranks 17th out of 41. Based on price per square foot, it ranks 7th out of 34 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 28th out of 34 properties in its postcode area.

Sale History

Today
£166,929
streetscan.co.uk estimate
-2 %
25 Aug 2023
£170,000
Leasehold
+9.7 %
30 Jan 2019
£155,000
Leasehold
+24 %
29 Feb 2008
£124,995
Leasehold
-11.2 %
21 May 2003
£140,750
Leasehold
+38 %
3 May 2002
£102,000
Leasehold
+20 %
22 Jun 2001
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £170,000
sale date: 26 Apr 2024
rooms: 3
size: 753 sq ft
sale price: £167,500
sale date: 2 Apr 2024
rooms: 3
size: 700 sq ft
sale price: £160,000
sale date: 22 Jun 2022
rooms: 3
size: 732 sq ft
sale price: £175,000
sale date: 15 Nov 2021
rooms: 3
size: 624 sq ft
sale price: £145,000
sale date: 13 Sep 2021

Data Sources

The property at Flat 40, Charles House St Peters Street, Colchester, CO1 1BY appears six times in the Land Registry records, with the latest transaction recorded on 25 Aug 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Oct 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.