Our Data Sources
Flat 2, Flagman House 40, Colchester has a single entry in the Land Registry from December 2022 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
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, Flagman House 40, Colchester, we estimate a market value of £289,448 and a rental value of £1,417 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,368 and £1,255 per month respectively.
Energy Efficiency
Flat 2, 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
The most recent sale of Flat 2, Flagman House 40, Colchester completed on 15th December 2022 at £271,001 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 22.9% over the period since December 2022.
- Sold Dec 2022£271,001
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 2, Flagman House 40, Colchester have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2022, was 38, Porter Drive, Colchester, CO3 9FQ, a leasehold flat which sold for £315,000.
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 66 addresses on Porter Drive, Colchester, CO3, Flat 2, Flagman House 40, Colchester comes out as the 60th largest and the 64th most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the CO3 district.
More reading links
Schools Nearby
- 1.0kmLexden Primary School with Unit for Hearing Impaired Pupils
- 1.1kmStanway Primary School
- 1.4kmHome Farm Primary School
- 1.3kmThe Stanway School
- 2.6kmSt Benedict's Catholic College
- 2.6kmColchester County High School for Girls
More reading links
Public Transport Nearby
- 3.7kmColchester
- 4.3kmMarks Tey
- 4.4kmColchester Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
