2 New Park Street

    2, NEW PARK STREET, COLCHESTER, CO1 2NA

    This terraced freehold property on New Park Street last sold in September 2022 for £232,500. Based on price growth in the CO1 district since then, its estimated current value is £231,979 — placing it in the 33rd percentile nationally and the 51st percentile within CO1. The property covers 55 m² (592 sq ft), giving an estimated value of £4,218 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £232,500

    Sept 2022

    Estimated Valuation

    £231,979

    Est. £/sq ft

    £392/sq ft

    £4,218/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateFeb 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Sept 2022

    £232,500

    10 May 2013

    £123,000

    31 Aug 2012

    £90,500

    1 Mar 1996

    £32,000

    Key Metrics

    Estimated valuation£231,979
    Value per sq ft / m²£392/sq ft (£4,218/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO1 district percentile51st percentile
    National percentile33rd 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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