24 Springham Drive

    24, SPRINGHAM DRIVE, COLCHESTER, CO4 5FN

    This terraced freehold property on Springham Drive last sold in June 2021 for £253,000. Based on price growth in the CO4 district since then, its estimated current value is £249,285 — placing it in the 37th percentile nationally and the 27th percentile within CO4. The property covers 83 m² (893 sq ft), giving an estimated value of £3,003 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £253,000

    Jun 2021

    Estimated Valuation

    £249,285

    Est. £/sq ft

    £279/sq ft

    £3,003/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateMar 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jun 2021

    £253,000

    31 Jan 2005

    New build

    £148,999

    Key Metrics

    Estimated valuation£249,285
    Value per sq ft / m²£279/sq ft (£3,003/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile27th percentile
    National percentile37th percentile

    District Context — CO4

    CO4 covers the Colchester area in Essex, positioned in the southeast of England. It is a mixed residential and commuter district with a blend of urban and suburban character, serving both local families and those working further afield.

    Average Property Price - CO4

    £347,292

    55

    National percentile

    Average Net Household Income - CO4

    £34,873

    31

    National percentile

    10-Year Annualised Price Growth - CO4

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO4

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