31C, Lexden Road
31C, Lexden Road
Description & Estimates
31C, Lexden Road, Colchester is recorded publicly as a period leasehold apartment across 706 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 31C, Lexden Road, Colchester is £340,335 and its rental estimate is £1,707 per month, given the available information and assuming reasonable condition.
31, Lexden Road is a residential building on Lexden Road, Colchester, CO3 and falls within the CO3 postal district and the borough of Colchester.
Our Data Sources
31C, Lexden Road, Colchester has 31 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated March 2009.
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
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 31C, Lexden Road, Colchester, we estimate a market value of £357,351 and a rental value of £1,792 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £316,511 and £1,588 per month respectively.
Recent Market Change
Over the last year, 31C, Lexden Road, Colchester has seen its estimated sale value climb by £217 (0.1%) and its estimated rental value rise by £56 per month (3.3%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
31C, Lexden Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Mar 2009.
The property is connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 31C, Lexden Road, Colchester completed on 23rd March 2012 at £190,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 31.8% over the period since March 2012.
- Sold Mar 2012£190,000
- Sold Oct 2002£145,000
- Sold Apr 2000£115,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 31C, Lexden Road, Colchester has sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2019, was Flat 5, West Lodge 16, West Lodge Road, Colchester, CO3 3PH, a leasehold flat which sold for £245,000.
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 217 addresses on Lexden Road, Colchester, CO3, 31C, Lexden Road, Colchester comes out as the 180th largest and the 140th most expensive in our analysis of the public data.
It is also £37k less expensive than the average property across the CO3 district.
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Schools Nearby
- 700mHamilton Primary School
- 900mSt John's Green Primary School
- 1.1kmNorth Primary School and Nursery
- 200mColchester Royal Grammar School
- 800mSt Benedict's Catholic College
- 800mColchester County High School for Girls
More reading links
Public Transport Nearby
From 31C, Lexden Road, Colchester, the nearest station is Colchester Town, 1.3 kilometres away.
- 1.3kmColchester Town
- 1.5kmColchester
- 2.9kmHythe (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.
