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62, Axial Drive, Colchester is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 62, Axial Drive, Colchester is £187,231 and its rental estimate is £930 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.
62, Axial Drive, Colchester has 4 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated July 2022.
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.
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 62, Axial Drive, Colchester, we estimate a market value of £196,592 and a rental value of £976 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £174,124 and £864 per month respectively.
Over the last year, 62, Axial Drive, Colchester has seen its estimated sale value fall by £800 (0.4%) and its estimated rental value move up by £29 per month (3.2%). This results in an estimated gross rental yield of 6.0%.
62, Axial Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 62, Axial Drive, Colchester completed on 10th August 2018 at £191,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 8.9% over the period since August 2018.
Over the past 2 years 3 properties similar to 62, Axial Drive, Colchester have sold within a radius of 890 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2026, was 10 Joy Clucas House, Apprentice Drive, Colchester, CO4 5TY, a leasehold flat which sold for £153,000.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 160 addresses on Axial Drive, Colchester, CO4, 62, Axial Drive, Colchester comes out as the 93rd largest and the 111th most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the CO4 district.
From 62, Axial Drive, Colchester, the nearest station is Colchester, 800 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Axial Drive, Colchester, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 62, Axial Drive, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 62, Axial Drive, Colchester, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 62, Axial Drive, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.