3 Wallace Road

    3, WALLACE ROAD, COLCHESTER, CO4 5GP

    This flat/maisonette leasehold property on Wallace Road last sold in April 2022 for £220,000. Based on price growth in the CO4 district since then, its estimated current value is £211,313 — placing it in the 27th percentile nationally and the 18th percentile within CO4. The property covers 69 m² (743 sq ft), giving an estimated value of £3,063 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £220,000

    Apr 2022

    Estimated Valuation

    £211,313

    Est. £/sq ft

    £285/sq ft

    £3,063/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2022

    £220,000

    21 Feb 2018

    £185,500

    5 Apr 2004

    £152,000

    30 Jan 2004

    £155,000

    30 May 2003

    New build

    £120,000

    Key Metrics

    Estimated valuation£211,313
    Value per sq ft / m²£285/sq ft (£3,063/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile18th percentile
    National percentile27th 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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