57 Magazine Farm Way

    57, MAGAZINE FARM WAY, COLCHESTER, CO3 4EW

    This detached freehold property on Magazine Farm Way last sold in November 2019 for £280,000. Based on price growth in the CO3 district since then, its estimated current value is £356,214 — placing it in the 60th percentile nationally and the 50th percentile within CO3. The property covers 64 m² (689 sq ft), giving an estimated value of £5,566 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £280,000

    Nov 2019

    Estimated Valuation

    £356,214

    Est. £/sq ft

    £517/sq ft

    £5,566/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 area689 sq ft (64 m²)
    EPC dateJan 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Nov 2019

    £280,000

    25 Oct 2006

    £195,000

    Key Metrics

    Estimated valuation£356,214
    Value per sq ft / m²£517/sq ft (£5,566/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO3 district percentile50th percentile
    National percentile60th 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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