1B, Priory Street
1B, Priory Street
Description & Estimates
According to the public record, 1B, Priory Street, Colchester is a modern leasehold apartment with 1,410 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Priory Street, Colchester is £402,179 and the estimated rental value is £2,001 per month.
The apartment is within 1, Priory Street, Colchester, CO1.
Priory Street, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
1B, Priory Street, Colchester has 31 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 1B, Priory Street, Colchester is in very good condition we estimate a sale value of £422,288 and a rental value of £2,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,027 and a rental value of £1,861 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1B, Priory Street, Colchester has decreased by £6,572 (1.6%), while its estimated rental value has grown by £20 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
1B, Priory Street, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1B, Priory Street, Colchester was last sold on 18th November 2020 for £390,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2020, the market for similar properties has dropped by 1.4%.
- Sold Nov 2020£390,000
- Sold Nov 2005£285,000
- Sold Jul 2002£240,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Priory Street, Colchester within a radius of 420 metres over the last 2 years.
The most recent example is 26A, Trinity Street, Colchester, CO1 1JN, a leasehold flat which sold for £560,000 on the 19th September 2023.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Priory Street, Colchester, CO1 has a total of 85 addresses. According to our analysis of all the public data, 1B, Priory Street, Colchester is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in CO1.
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Schools Nearby
- 300mSt Thomas More's Catholic Primary School, Colchester
- 500mSt John's Green Primary School
- 600mSt James the Great Church of England Primary School
- 1.3kmColchester Royal Grammar School
- 1.4kmSt Helena School
- 2.1kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
The closest station to 1B, Priory Street, Colchester is Colchester Town station, which is 200 metres away.
- 200mColchester Town
- 1.5kmHythe (Essex)
- 1.6kmColchester
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.
