Our Data Sources
Flat 1, Flagman House 40, Colchester has 2 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Flagman House 40, Colchester is in very good condition we estimate a sale value of £254,667 and a rental value of £1,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,562 and a rental value of £1,140 per month.
Energy Efficiency
Flat 1, Flagman House 40, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, Flagman House 40, Colchester was last sold on 2nd December 2024 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2024, the market for similar properties has dropped by 8.1%.
- Sold Dec 2024£260,000
- Sold Dec 2022£255,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 4 sales of properties similar to Flat 1, Flagman House 40, Colchester within a radius of 940 metres over the last 2 years.
The most recent example is Flat 3, Flagman House 40, Porter Drive, Colchester, CO3 9FQ, a leasehold flat which sold for £275,000 on the 16th December 2022.
Read more about house prices in CO3.
- Sold Dec 2022£275,000 | 2 Bed FlatFlat 3, Flagman House 40, Porter Drive, Colchester, CO3 9FQFlat 3, Flagman House 40, Porter Drive, Colchester, CO3 9FQ
- Sold Sep 2022£246,000 | 2 Bed Flat1, Skipper Grove, Colchester, CO3 0AP1, Skipper Grove, Colchester, CO3 0AP
- Sold Apr 2016£179,995 | 2 Bed Flat2, Skipper Grove, Colchester, CO3 0AP2, Skipper Grove, Colchester, CO3 0AP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Porter Drive, Colchester, CO3 has a total of 66 addresses. According to our analysis of all the public data, Flat 1, Flagman House 40, Colchester is the 65th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in CO3.
More reading links
Schools Nearby
- Lexden Primary School with Unit for Hearing Impaired Pupils1.0 km away
- Stanway Primary School1.1 km away
- Home Farm Primary School1.4 km away
- The Stanway School1.3 km away
- St Benedict's Catholic College2.6 km away
- Colchester County High School for Girls2.6 km away
More reading links
Public Transport Nearby
- Colchester|3.7 km away
- Marks Tey|4.3 km away
- Colchester Town|4.4 km away
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
