Flat 3, 2
Flat 3, 2
Description & Estimates
According to the public record, Flat 3, 2, Victoria Road, Colchester is a period leasehold apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 2, Victoria Road, Colchester is £112,328 and the estimated rental value is £836 per month.
The apartment is within 2, Victoria Road, Colchester, CO3.
Victoria Road, Colchester, CO3 is located in the borough of Colchester within the CO3 postal district.
Our Data Sources
Flat 3, 2, Victoria Road, Colchester has 51 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated October 2021.
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 3, 2, Victoria Road, Colchester is in very good condition we estimate a sale value of £117,945 and a rental value of £878 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,465 and a rental value of £778 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 2, Victoria Road, Colchester has grown by £326 (0.3%), while its estimated rental value has climbed by £26 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 8.9%.
Energy Efficiency
Flat 3, 2, Victoria Road, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Oct 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 3, 2, Victoria Road, Colchester was last sold on 24th May 2019 for £100,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2019, the market for similar properties has risen by 7.1%.
- Sold May 2019£100,000
- Sold Dec 2014£80,000
- Sold Feb 2007£83,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, 2, Victoria Road, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is Flat 2, 39, Wellesley Road, Colchester, CO3 3HE, a leasehold flat which sold for £119,000 on the 4th February 2019.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Victoria Road, Colchester, CO3 has a total of 82 addresses. According to our analysis of all the public data, Flat 3, 2, Victoria Road, Colchester is the 81st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in CO3.
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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
The closest station to Flat 3, 2, Victoria Road, Colchester is Colchester Town station, which is 1.5 kilometres away.
- 1.5kmColchester Town
- 1.9kmColchester
- 3.1kmHythe (Essex)
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.
