Our Data Sources
Flat 4, 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
In very good condition, we estimate Flat 4, Flagman House 40, Colchester would be worth £288,123, with a potential rental value of £1,336 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £255,195, with a rental value of £1,183 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 4, 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
Flat 4, Flagman House 40, Colchester last changed hands on 16th December 2022, selling for £270,000. 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 dropped by 11.5% since December 2022.
- Sold Dec 2022£270,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 940 metres of Flat 4, Flagman House 40, Colchester across the last 2 years.
Most recently, 38, Porter Drive, Colchester, CO3 9FQ, a leasehold flat, sold at £315,000 on the 20th December 2022.
Read more about house prices in CO3.
- Sold Dec 2022£315,000 | 3 Bed Flat38, Porter Drive, Colchester, CO3 9FQ38, Porter Drive, Colchester, CO3 9FQ
- Sold Dec 2022£271,001 | 2 Bed FlatFlat 2, Flagman House 40, Porter Drive, Colchester, CO3 9FQFlat 2, Flagman House 40, Porter Drive, Colchester, CO3 9FQ
- Sold Apr 2012£160,000 | 3 Bed Flat6, St. Albright Crescent, Colchester, CO3 0AD6, St. Albright Crescent, Colchester, CO3 0AD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, Flagman House 40, Colchester as the 59th largest and the 63rd most expensive of the 66 addresses on Porter Drive, Colchester, CO3.
Against the CO3 postcode district average, it is £106k less expensive than the typical property.
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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
Environment Agency data suggests this area has a Very Low risk of flooding.
