Flat 48, Pier Wharf Quayside Drive, Colchester, CO2 8GN is a leasehold flat built between 2007-2011. The property offers approximately 689 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £197,258 , which equates to approximately £286 per square foot. It was last sold on 29 Jul 2016 for £171,000. Since then, the value has increased by £26,258, representing a 15.4% increase, or approximately 1.6% per year.

The current estimated value of £197,258 is:

  • 8.7% higher than the average property price on Quayside Drive
  • 9.6% higher than the average in the CO2 8GN postcode area
  • and 38.7% lower than the average price for Colchester as a whole

At the most recent EPC inspection on 18 May 2022, 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
689 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£197,258
Price Per sq ft (estimate)
£286
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 48, Pier Wharf Quayside Drive, Colchester, Essex, CO2 8GN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 May 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 15 Dec 2011, and the property received the same rating of C with an unchanged energy efficiency score of 69.

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 average.
  • The roof construction or insulation changed from average thermal transmittance 0.11 w/m?k to flat, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.28 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The lighting was updated from low energy lighting in 25% 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
Average
Roof
Flat, insulated (assumed)
Good
Walls
System built, 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

10 th / 55
Price Rank
10% higher than average
9 th / 54
Size Rank
15% bigger than average
28 th / 54
Price Per Sq FT Rank
5% lower than average

Compared to other properties in CO2 8GN , this flat's estimated value ranks 10th out of 55. Based on price per square foot, it ranks 28th out of 54 properties. In terms of size, this home ranks 9th out of 54 properties in its postcode area.

Sale History

Today
£197,258
streetscan.co.uk estimate
+15 %
29 Jul 2016
£171,000
Leasehold
+26.7 %
23 Mar 2012
£135,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 33, Pier Wharf Quayside Drive, Colchester, CO2 8GN
rooms: 3
size: 689 sq ft
sale price: £185,500
sale date: 24 Feb 2024
Flat 26, Pier Wharf Quayside Drive, Colchester, CO2 8GN
rooms: 3
size: 657 sq ft
sale price: £180,000
sale date: 11 Aug 2021
Flat 14, Pier Wharf Quayside Drive, Colchester, CO2 8GN
rooms: 3
size: 624 sq ft
sale price: £180,000
sale date: 12 Feb 2021
Flat 44, Pier Wharf Quayside Drive, Colchester, CO2 8GN
rooms: 3
size: 592 sq ft
sale price: £160,000
sale date: 3 Jul 2019
Flat 39, Pier Wharf Quayside Drive, Colchester, CO2 8GN
rooms: 3
size: 667 sq ft
sale price: £200,000
sale date: 31 May 2019

Data Sources

The property at Flat 48, Pier Wharf Quayside Drive, Colchester, CO2 8GN appears two times in the Land Registry records, with the latest transaction recorded on 29 Jul 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 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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