40 Nicholsons Grove

    40, NICHOLSONS GROVE, COLCHESTER, CO1 2XS

    This flat/maisonette leasehold property on Nicholsons Grove last sold in October 2021 for £127,000. Based on price growth in the CO1 district since then, its estimated current value is £120,168 — placing it in the 7th percentile nationally and the 6th percentile within CO1. The property covers 39 m² (420 sq ft), giving an estimated value of £3,081 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £127,000

    Oct 2021

    Estimated Valuation

    £120,168

    Est. £/sq ft

    £286/sq ft

    £3,081/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    1 Oct 2021

    £127,000

    20 Mar 2020

    £126,500

    Key Metrics

    Estimated valuation£120,168
    Value per sq ft / m²£286/sq ft (£3,081/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO1 district percentile6th percentile
    National percentile7th 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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