Flat 1, The Old Rectory
Flat 1, The Old Rectory
Description & Estimates
Public records show Flat 1, The Old Rectory, Colchester to be a modern leasehold apartment with 828 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 1, The Old Rectory, Colchester has an estimated sale value of £222,930 and an estimated rental value of £1,128 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Old Rectory, Old Rectory Drive, Colchester, CO1.
Old Rectory Drive, Colchester, CO1 lies in the borough of Colchester, within the CO1 postal district.
Our Data Sources
Flat 1, The Old Rectory, Colchester has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, The Old Rectory, Colchester would be worth £234,077, with a potential rental value of £1,184 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £207,325, with a rental value of £1,049 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, The Old Rectory, Colchester has dropped by £3,643 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £11 (1.0%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
Flat 1, The Old Rectory, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
Flat 1, The Old Rectory, Colchester last changed hands on 21st June 2019, selling for £215,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.1% since June 2019.
- Sold Jun 2019£215,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of Flat 1, The Old Rectory, Colchester across the last 2 years.
Most recently, 15, Saw Mill Road, Colchester, CO1 2ZL, a leasehold flat, sold at £257,000 on the 19th July 2024.
Read more about house prices in CO1.
- Sold Jul 2024£257,000 | 2 Bed FlatSaw Mill Road15, Saw Mill Road, Colchester, CO1 2ZL
- Sold Jun 2022£247,000 | 3 Bed FlatThe Old Rectory, Old Rectory DriveFlat 4, The Old Rectory, Old Rectory Drive, Colchester, CO1 2ZR
- Sold Mar 2022£250,000 | 3 Bed FlatWatts Court, Priory StreetFlat 7, Watts Court, Priory Street, Colchester, CO1 2FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, The Old Rectory, Colchester as the 3rd largest and the 3rd most expensive of the 6 addresses on Old Rectory Drive, Colchester, CO1.
Against the CO1 postcode district average, it is £11k less expensive than the typical property.
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Schools Nearby
- 400mSt Thomas More's Catholic Primary School, Colchester
- 600mSt James the Great Church of England Primary School
- 900mSt. George's School
- 1.8kmColchester Royal Grammar School
- 1.9kmColchester Academy
- 1.9kmSt Helena School
More reading links
Public Transport Nearby
Colchester Town station is the nearest stop to Flat 1, The Old Rectory, Colchester at 600 metres away.
- 600mColchester Town
- 1.0kmHythe (Essex)
- 2.1kmColchester
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
