50 Springham Drive

    50, SPRINGHAM DRIVE, COLCHESTER, CO4 5FN

    This detached freehold property on Springham Drive last sold in February 2021 for £450,000. Based on price growth in the CO4 district since then, its estimated current value is £506,806 — placing it in the 79th percentile nationally and the 89th percentile within CO4. The property covers 59 m² (635 sq ft), giving an estimated value of £8,590 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £450,000

    Feb 2021

    Estimated Valuation

    £506,806

    Est. £/sq ft

    £798/sq ft

    £8,590/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateJun 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2021

    £450,000

    20 Dec 2013

    £290,000

    24 Mar 2005

    New build

    £255,000

    Key Metrics

    Estimated valuation£506,806
    Value per sq ft / m²£798/sq ft (£8,590/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile89th percentile
    National percentile79th 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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