231, Axial Drive
231, Axial Drive
Description & Estimates
According to the public record, 231, Axial Drive, Colchester is a modern freehold house with 2,131 ft2 of internal area and sits on a 245 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 231, Axial Drive, Colchester is £1,037,705 and the estimated rental value is £3,282 per month.
Axial Drive, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
Our Data Sources
231, Axial Drive, Colchester has 2 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated December 2023.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 231, Axial Drive, Colchester is in very good condition we estimate a sale value of £1,089,591 and a rental value of £3,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £965,066 and a rental value of £3,052 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 231, Axial Drive, Colchester has fallen by £11,870 (1.1%), while its estimated rental value has moved up by £85 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 231, Axial Drive, Colchester sits on a plot of 245 m2.
We have plot size data on 39 out of 40 other houses in the postcode and 231, Axial Drive, Colchester sits on the 18th largest plot.
Energy Efficiency
231, Axial Drive, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 231, Axial Drive, Colchester was last sold on 8th March 2024 for £435,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2024, the market for similar properties has dropped by 20.5%.
- Sold Mar 2024£435,000
- Sold May 2012£274,495
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 231, Axial Drive, Colchester within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 210, Axial Drive, Colchester, CO4 5YJ, a freehold house which sold for £465,000 on the 4th February 2022.
Read more about house prices in CO4.
- Sold Feb 2022£465,000 | 5 Bed House210, Axial Drive, Colchester, CO4 5YJ210, Axial Drive, Colchester, CO4 5YJ
- Sold Apr 2012£289,750 | 5 Bed House213, Axial Drive, Colchester, CO4 5YJ213, Axial Drive, Colchester, CO4 5YJ
- Sold Feb 2012£339,245 | 5 Bed House216, Axial Drive, Colchester, CO4 5YJ216, Axial Drive, Colchester, CO4 5YJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Axial Drive, Colchester, CO4 has a total of 160 addresses. According to our analysis of all the public data, 231, Axial Drive, Colchester is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £725k more expensive than the average property in CO4.
More reading links
Schools Nearby
- 300mBraiswick Primary School
- 1.4kmNorth Primary School and Nursery
- 1.6kmQueen Boudica Primary School
- 1.1kmSt Helena School
- 1.9kmColchester Royal Grammar School
- 1.9kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
The closest station to 231, Axial Drive, Colchester is Colchester station, which is 1.1 kilometres away.
- 1.1kmColchester
- 2.6kmColchester Town
- 3.9kmHythe (Essex)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
