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According to the public record, 7, Springham Drive, Colchester is a modern apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Springham Drive, Colchester is £152,291 and the estimated rental value is £944 per month.
Springham Drive, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
7, Springham Drive, Colchester has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data 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.
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 7, Springham Drive, Colchester is in very good condition we estimate a sale value of £159,905 and a rental value of £991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,630 and a rental value of £878 per month.
Over the last 12 months the sale value of 7 Springham Drive Colchester has increased by an estimated £222 (0.1%) and its rental value has increased by an estimated £33 per month (3.5%), giving an expected gross yield of 7.4%.
7, Springham Drive, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Springham Drive, Colchester was last sold on 29th October 2004 for £113,045 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Springham Drive, Colchester within a radius of 640 metres over the last 2 years.
The most recent example is 29, Springham Drive, Colchester, CO4 5FN, a leasehold flat which sold for £152,500 on the 21st February 2025.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springham Drive, Colchester, CO4 has a total of 72 addresses. According to our analysis of all the public data, 7, Springham Drive, Colchester is the 66th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in CO4.
The closest station to 7, Springham Drive, Colchester is Colchester station which is 2.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Springham Drive, Colchester, 47.6% of property is privately owned with a mortgage and 33.9% is privately rented.
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 7, Springham Drive, Colchester, 25.1% of residents are recorded as possessing school level qualifications and 40.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Springham Drive, Colchester, the average age was 37.3 and the most common age was 47.
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 7, Springham 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 7, Springham Drive, Colchester, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.