5 Hospital Lane

    5, HOSPITAL LANE, COLCHESTER, CO3 3NA

    This terraced freehold property on Hospital Lane last sold in February 2024 for £255,000. Based on price growth in the CO3 district since then, its estimated current value is £269,607 — placing it in the 42nd percentile nationally and the 22nd percentile within CO3. The property covers 73 m² (786 sq ft), giving an estimated value of £3,693 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £255,000

    Feb 2024

    Estimated Valuation

    £269,607

    Est. £/sq ft

    £343/sq ft

    £3,693/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2024

    £255,000

    1 May 2008

    £170,000

    Key Metrics

    Estimated valuation£269,607
    Value per sq ft / m²£343/sq ft (£3,693/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO3 district percentile22nd percentile
    National percentile42nd 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

    More properties in CO3

    Streets in CO3

    Explore nearby