58, Paxman Avenue
58, Paxman Avenue
Description & Estimates
58, Paxman Avenue, Colchester is recorded publicly as a mid-century leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 58, Paxman Avenue, Colchester is £189,663 and its rental estimate is £1,053 per month, given the available information and assuming reasonable condition.
Paxman Avenue, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
58, Paxman Avenue, Colchester has 2 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated August 2013.
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 58, Paxman Avenue, Colchester, we estimate a market value of £199,147 and a rental value of £1,106 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,387 and £980 per month respectively.
Recent Market Change
Over the last year, 58, Paxman Avenue, Colchester has seen its estimated sale value decrease by £986 (0.5%) and its estimated rental value grow by £31 per month (3.0%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
58, Paxman Avenue, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2013.
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 58, Paxman Avenue, Colchester completed on 16th November 2017 at £175,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 9.3% over the period since November 2017.
- Sold Nov 2017£175,000
- Sold Oct 2013£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 58, Paxman Avenue, Colchester have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2024, was 46, Paxman Avenue, Colchester, CO2 9DB, a leasehold flat which sold for £200,000.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 62 addresses on Paxman Avenue, Colchester, CO2, 58, Paxman Avenue, Colchester comes out as the 58th largest and the 44th most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the CO2 district.
More reading links
Schools Nearby
- 300mGosbecks Primary School
- 600mKing's Ford Infant School and Nursery
- 600mKings Ford Academy
- 100mPaxman Academy
- 1.1kmPhilip Morant School and College
- 1.6kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
From 58, Paxman Avenue, Colchester, the nearest station is Colchester Town, 3.0 kilometres away.
- 3.0kmColchester Town
- 3.6kmColchester
- 4.3kmHythe (Essex)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
