1 Magazine Farm Way

    1, MAGAZINE FARM WAY, COLCHESTER, CO3 4ER

    This detached freehold property on Magazine Farm Way last sold in June 2023 for £360,000. Based on price growth in the CO3 district since then, its estimated current value is £374,547 — placing it in the 63rd percentile nationally and the 55th percentile within CO3. The property covers 65 m² (700 sq ft), giving an estimated value of £5,762 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £360,000

    Jun 2023

    Estimated Valuation

    £374,547

    Est. £/sq ft

    £535/sq ft

    £5,762/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateOct 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jun 2023

    £360,000

    4 Mar 2022

    £325,000

    Key Metrics

    Estimated valuation£374,547
    Value per sq ft / m²£535/sq ft (£5,762/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO3 district percentile55th percentile
    National percentile63rd 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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