54, Sheepen Place
54, Sheepen Place
Description & Estimates
54, Sheepen Place, Colchester is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 54, Sheepen Place, Colchester is £119,805 and its rental estimate is £897 per month, given the available information and assuming reasonable condition.
Sheepen Place, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
54, Sheepen Place, Colchester has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated May 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 54, Sheepen Place, Colchester, we estimate a market value of £125,795 and a rental value of £941 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £111,418 and £834 per month respectively.
Recent Market Change
Over the last year, 54, Sheepen Place, Colchester has seen its estimated sale value grow by £1,213 (1.0%) and its estimated rental value climb by £38 per month (4.2%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
54, Sheepen Place, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2015.
The property is 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 54, Sheepen Place, Colchester completed on 26th November 2021 at £105,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 17.6% over the period since November 2021.
- Sold Nov 2021£105,000
- Sold May 2006£78,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Sheepen Place, Colchester have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th February 2024, was 62, Sheepen Place, Colchester, CO3 3LT, a leasehold flat which sold for £106,575.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 64 addresses on Sheepen Place, Colchester, CO3, 54, Sheepen Place, Colchester comes out as the 50th largest and the 54th most expensive in our analysis of the public data.
It is also £258k less expensive than the average property across the CO3 district.
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Schools Nearby
- 200mNorth Primary School and Nursery
- 1.0kmSt John's Green Primary School
- 1.2kmSt Thomas More's Catholic Primary School, Colchester
- 300mSt Helena School
- 900mColchester Royal Grammar School
- 1.6kmSt Benedict's Catholic College
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Public Transport Nearby
From 54, Sheepen Place, Colchester, the nearest station is Colchester, 700 metres away.
- 700mColchester
- 1.1kmColchester Town
- 2.6kmHythe (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.
