Flat 6, Beech Tree Lodge
Flat 6, Beech Tree Lodge
Description & Estimates
Flat 6, Beech Tree Lodge, Colchester is recorded publicly as a modern leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 6, Beech Tree Lodge, Colchester is £269,446 and its rental estimate is £1,319 per month, given the available information and assuming reasonable condition.
Beech Tree Lodge, Lexden Road is a residential building on Lexden Road, Colchester, CO3 and falls within the CO3 postal district and the borough of Colchester.
Our Data Sources
Flat 6, Beech Tree Lodge, Colchester has a single entry in the Land Registry from September 2007 and a single entry in the EPC database dated August 2017.
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 6, Beech Tree Lodge, Colchester, we estimate a market value of £282,919 and a rental value of £1,385 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,585 and £1,226 per month respectively.
Recent Market Change
Over the last year, Flat 6, Beech Tree Lodge, Colchester has seen its estimated sale value decline by £4,021 (1.5%) and its estimated rental value climb by £30 per month (2.3%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 6, Beech Tree Lodge, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 6, Beech Tree Lodge, Colchester completed on 11th September 2007 at £225,000 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 13.7% over the period since September 2007.
- Sold Sep 2007£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 6, Beech Tree Lodge, Colchester have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd September 2019, was Flat 1, Beech Tree Lodge, Lexden Road, Colchester, CO3 3RA, a leasehold flat which sold for £250,000.
Read more about house prices in CO3.
- Sold Sep 2019£250,000 | 2 Bed FlatBeech Tree Lodge, Lexden RoadFlat 1, Beech Tree Lodge, Lexden Road, Colchester, CO3 3RA
- Sold Dec 2018£242,500 | 3 Bed FlatBeech Tree Lodge, Lexden RoadFlat 3, Beech Tree Lodge, Lexden Road, Colchester, CO3 3RA
- Sold Sep 2017£250,000 | 3 Bed FlatBeech Tree Lodge, Lexden RoadFlat 4, Beech Tree Lodge, Lexden Road, Colchester, CO3 3RA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 217 addresses on Lexden Road, Colchester, CO3, Flat 6, Beech Tree Lodge, Colchester comes out as the 164th largest and the 160th most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the CO3 district.
More reading links
Schools Nearby
- 1.2kmHamilton Primary School
- 1.3kmPrettygate Junior School
- 1.3kmPrettygate Infant School
- 500mSt Benedict's Catholic College
- 500mColchester County High School for Girls
- 900mPhilip Morant School and College
More reading links
Public Transport Nearby
From Flat 6, Beech Tree Lodge, Colchester, the nearest station is Colchester, 1.8 kilometres away.
- 1.8kmColchester
- 2.1kmColchester Town
- 3.7kmHythe (Essex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
