140, Axial Drive
140, Axial Drive
Description & Estimates
140, Axial Drive, Colchester is recorded publicly as a modern freehold house across 1,563 ft2 of internal area, sitting on a 278 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 140, Axial Drive, Colchester is £437,918 and its rental estimate is £1,755 per month, given the available information and assuming reasonable condition.
Axial Drive, Colchester, CO4 falls within the CO4 postal district, in the borough of Colchester.
Our Data Sources
140, Axial Drive, Colchester has a single entry in the Land Registry from March 2011 and a single entry in the EPC database dated November 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 140, Axial Drive, Colchester, we estimate a market value of £459,814 and a rental value of £1,842 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £407,264 and £1,632 per month respectively.
Recent Market Change
Over the last year, 140, Axial Drive, Colchester has seen its estimated sale value fall by £4,430 (1.0%) and its estimated rental value move up by £41 per month (2.3%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 140, Axial Drive, Colchester as measuring 278 m2.
That makes it the 2nd largest plot in the postcode, where 25 of the 32 other houses have recorded plot data.
Energy Efficiency
140, Axial Drive, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 140, Axial Drive, Colchester completed on 28th March 2011 at £232,550 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 78.4% over the period since March 2011.
- Sold Mar 2011£232,550
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 140, Axial Drive, Colchester have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th September 2024, was 19, Fan Avenue, Colchester, CO4 5ZX, a freehold house which sold for £371,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 160 addresses on Axial Drive, Colchester, CO4, 140, Axial Drive, Colchester comes out as the 16th largest and the 33rd most expensive in our analysis of the public data.
It is also £125k more expensive than the average property across the CO4 district.
More reading links
Schools Nearby
- 500mBraiswick Primary School
- 1.1kmNorth Primary School and Nursery
- 1.3kmQueen Boudica Primary School
- 900mSt Helena School
- 1.8kmColchester Royal Grammar School
- 2.0kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
From 140, Axial Drive, Colchester, the nearest station is Colchester, 800 metres away.
- 800mColchester
- 2.3kmColchester Town
- 3.6kmHythe (Essex)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
