40 Lenz Close

    40, LENZ CLOSE, COLCHESTER, CO1 2FP

    This terraced freehold property on Lenz Close last sold in February 2024 for £285,000. Based on price growth in the CO1 district since then, its estimated current value is £299,094 — placing it in the 49th percentile nationally and the 76th percentile within CO1. The property covers 97 m² (1,044 sq ft), giving an estimated value of £3,083 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £285,000

    Feb 2024

    Estimated Valuation

    £299,094

    Est. £/sq ft

    £286/sq ft

    £3,083/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Feb 2024

    £285,000

    30 Aug 2019

    £250,000

    23 Sept 2013

    New build

    £175,000

    Key Metrics

    Estimated valuation£299,094
    Value per sq ft / m²£286/sq ft (£3,083/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO1 district percentile76th percentile
    National percentile49th percentile

    District Context — CO1

    CO1 covers Colchester and its immediate surroundings in Essex, positioned in the east of England. It is a historic market town with a diverse residential and commercial character, blending heritage appeal with modern suburban development.

    Average Property Price - CO1

    £244,619

    26

    National percentile

    Average Net Household Income - CO1

    £43,895

    72

    National percentile

    10-Year Annualised Price Growth - CO1

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO1

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