Our Data Sources
Flat 3, 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 3, Flagman House 40, Colchester, we estimate a market value of £254,667 and a rental value of £1,287 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £225,562 and £1,140 per month respectively.
Energy Efficiency
Flat 3, 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 3, Flagman House 40, Colchester completed on 16th December 2022 at £275,000 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 11.5% over the period since December 2022.
- Sold Dec 2022£275,000
Similar Properties Sold Nearby
Over the past 2 years 4 properties similar to Flat 3, 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 2nd December 2024, was Flat 1, Flagman House 40, Porter Drive, Colchester, CO3 9FQ, a leasehold flat which sold for £260,000.
Read more about house prices in CO3.
- Sold Dec 2024£260,000 | 2 Bed FlatFlat 1, Flagman House 40, Porter Drive, Colchester, CO3 9FQFlat 1, 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
Of the 66 addresses on Porter Drive, Colchester, CO3, Flat 3, Flagman House 40, Colchester comes out as the 64th largest and the 65th most expensive in our analysis of the public data.
It is also £138k less expensive than the average property across the CO3 district.
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
The flood risk here is rated Very Low, based on Environment Agency data.
