20, Chariot Drive
20, Chariot Drive
Description & Estimates
Public records show 20, Chariot Drive, Colchester to be a modern leasehold apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
20, Chariot Drive, Colchester has an estimated sale value of £185,213 and an estimated rental value of £1,000 per month, assuming reasonable condition and based on the information available.
Chariot Drive, Colchester, CO2 lies in the borough of Colchester, within the CO2 postal district.
Our Data Sources
20, Chariot Drive, Colchester has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 20, Chariot Drive, Colchester would be worth £194,474, with a potential rental value of £1,050 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £172,248, with a rental value of £930 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 20, Chariot Drive, Colchester has moved down by £963 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £30 (3.0%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
20, Chariot Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
20, Chariot Drive, Colchester last changed hands on 16th May 2022, selling for £275,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 14.3% since May 2022.
- Sold May 2022£275,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 860 metres of 20, Chariot Drive, Colchester across the last 2 years.
Most recently, 12, Mario Way, Colchester, CO2 7QN, a leasehold flat, sold at £195,000 on the 28th October 2022.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 20, Chariot Drive, Colchester as the 20th largest and the 20th most expensive of the 20 addresses on Chariot Drive, Colchester, CO2.
Against the CO2 postcode district average, it is £98k less expensive than the typical property.
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Schools Nearby
- 600mMonkwick Junior School
- 600mMonkwick Infant and Nursery School
- 1.2kmSt. George's School
- 500mThe Thomas Lord Audley School
- 1.8kmColchester Royal Grammar School
- 2.0kmPaxman Academy
More reading links
Public Transport Nearby
Colchester Town station is the nearest stop to 20, Chariot Drive, Colchester at 1.7 kilometres away.
- 1.7kmColchester Town
- 2.6kmHythe (Essex)
- 3.2kmColchester
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
