Flat 2, 2
Flat 2, 2
Description & Estimates
Flat 2, 2, Victoria Road, Colchester is recorded publicly as a period leasehold apartment across 236 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 2, Victoria Road, Colchester is £103,674 and its rental estimate is £772 per month, given the available information and assuming reasonable condition.
2, Victoria Road is a residential building on Victoria Road, Colchester, CO3 and falls within the CO3 postal district and the borough of Colchester.
Our Data Sources
Flat 2, 2, Victoria Road, Colchester has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated October 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
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 Flat 2, 2, Victoria Road, Colchester, we estimate a market value of £108,858 and a rental value of £811 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £96,417 and £718 per month respectively.
Recent Market Change
Over the last year, Flat 2, 2, Victoria Road, Colchester has seen its estimated sale value rise by £1,049 (1.0%) and its estimated rental value move up by £32 per month (4.2%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
Flat 2, 2, Victoria Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Oct 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 2, 2, Victoria Road, Colchester completed on 7th September 2022 at £97,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 14.8% over the period since September 2022.
- Sold Sep 2022£97,500
- Sold Mar 2019£90,000
- Sold Jan 2014£57,500
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 2, 2, Victoria Road, Colchester has sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th January 2017, was Flat 3, 108, Maldon Road, Colchester, CO3 3AP, a leasehold flat which sold for £91,000.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 82 addresses on Victoria Road, Colchester, CO3, Flat 2, 2, Victoria Road, Colchester comes out as the 82nd largest and the 82nd most expensive in our analysis of the public data.
It is also £274k less expensive than the average property across the CO3 district.
More reading links
Schools Nearby
- 400mHamilton Primary School
- 1.1kmSt John's Green Primary School
- 1.3kmPrettygate Junior School
- 400mColchester Royal Grammar School
- 500mSt Benedict's Catholic College
- 500mColchester County High School for Girls
More reading links
Public Transport Nearby
From Flat 2, 2, Victoria Road, Colchester, the nearest station is Colchester Town, 1.5 kilometres away.
- 1.5kmColchester Town
- 1.9kmColchester
- 3.1kmHythe (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.
