1 Hospital Lane

    1, HOSPITAL LANE, COLCHESTER, CO3 3NA

    This terraced freehold property on Hospital Lane last sold in April 2022 for £256,000. Based on price growth in the CO3 district since then, its estimated current value is £258,666 — placing it in the 40th percentile nationally and the 20th percentile within CO3. The property covers 103 m² (1,109 sq ft), giving an estimated value of £2,511 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £256,000

    Apr 2022

    Estimated Valuation

    £258,666

    Est. £/sq ft

    £233/sq ft

    £2,511/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,109 sq ft (103 m²)
    EPC dateDec 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2022

    £256,000

    2 Feb 2005

    £235,000

    Key Metrics

    Estimated valuation£258,666
    Value per sq ft / m²£233/sq ft (£2,511/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO3 district percentile20th percentile
    National percentile40th percentile

    District Context — CO3

    CO3 covers the Colchester area in Essex, positioned in the southeast of England with good road and rail links to London and the wider region. It is a mixed community blending suburban residential neighbourhoods with a historic town centre, appealing to families, commuters, and professionals.

    Average Property Price - CO3

    £391,510

    66

    National percentile

    Average Net Household Income - CO3

    £47,296

    82

    National percentile

    10-Year Annualised Price Growth - CO3

    3.0%

    29

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO3

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