Flat 1, Cranmere Court
Flat 1, Cranmere Court
Description & Estimates
According to the public record, Flat 1, Cranmere Court, Colchester is a modern apartment with 785 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 Flat 1, Cranmere Court, Colchester is £127,405 and the estimated rental value is £835 per month.
The apartment is within Cranmere Court, Exeter Drive, Colchester, CO1.
Exeter Drive, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
Flat 1, Cranmere Court, Colchester has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
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.
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 Flat 1, Cranmere Court, Colchester is in very good condition we estimate a sale value of £133,775 and a rental value of £876 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,486 and a rental value of £776 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Cranmere Court, Colchester has climbed by £121 (0.1%), while its estimated rental value has risen by £23 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Energy Efficiency
Flat 1, Cranmere Court, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Cranmere Court, Colchester within a radius of 540 metres over the last 2 years.
The most recent example is Flat 218, Cranmere Court, Exeter Drive, Colchester, CO1 2RX, a leasehold flat which sold for £147,500 on the 21st May 2024.
Read more about house prices in CO1.
- Sold May 2024£147,500 | 2 Bed FlatFlat 218, Cranmere Court, Exeter Drive, Colchester, CO1 2RXFlat 218, Cranmere Court, Exeter Drive, Colchester, CO1 2RX
- Sold Mar 2020£152,000 | 2 Bed FlatFlat 112, Cranmere Court, Exeter Drive, Colchester, CO1 2RXFlat 112, Cranmere Court, Exeter Drive, Colchester, CO1 2RX
- Sold May 2017£170,000 | 2 Bed FlatFlat 142, Cranmere Court, Exeter Drive, Colchester, CO1 2RXFlat 142, Cranmere Court, Exeter Drive, Colchester, CO1 2RX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Exeter Drive, Colchester, CO1 has a total of 87 addresses. According to our analysis of all the public data, Flat 1, Cranmere Court, Colchester is the 3rd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in CO1.
More reading links
Schools Nearby
- 100mSt James the Great Church of England Primary School
- 200mSt Thomas More's Catholic Primary School, Colchester
- 900mSt John's Green Primary School
- 1.6kmSt Helena School
- 1.7kmColchester Royal Grammar School
- 2.0kmColchester Academy
More reading links
Public Transport Nearby
The closest station to Flat 1, Cranmere Court, Colchester is Colchester Town station, which is 700 metres away.
- 700mColchester Town
- 1.3kmHythe (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.
