48 New Park Street

    48, NEW PARK STREET, COLCHESTER, CO1 2NA

    This terraced freehold property on New Park Street last sold in May 2014 for £123,000. Based on price growth in the CO1 district since then, its estimated current value is £188,965 — placing it in the 22nd percentile nationally and the 33rd percentile within CO1. The property covers 72 m² (775 sq ft), giving an estimated value of £2,625 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £123,000

    May 2014

    Estimated Valuation

    £188,965

    Est. £/sq ft

    £244/sq ft

    £2,625/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 May 2014

    £123,000

    27 Jun 2003

    £85,000

    Key Metrics

    Estimated valuation£188,965
    Value per sq ft / m²£244/sq ft (£2,625/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO1 district percentile33rd percentile
    National percentile22nd 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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