5 Wallace Road

    5, WALLACE ROAD, COLCHESTER, CO4 5GP

    This flat/maisonette leasehold property on Wallace Road last sold in May 2024 for £175,000. Based on price growth in the CO4 district since then, its estimated current value is £177,467 — placing it in the 19th percentile nationally and the 10th percentile within CO4. The property covers 50 m² (538 sq ft), giving an estimated value of £3,549 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £175,000

    May 2024

    Estimated Valuation

    £177,467

    Est. £/sq ft

    £330/sq ft

    £3,549/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateJun 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2024

    £175,000

    27 Jul 2022

    £167,500

    25 Jul 2006

    £128,000

    5 Jun 2003

    New build

    £126,995

    Key Metrics

    Estimated valuation£177,467
    Value per sq ft / m²£330/sq ft (£3,549/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile10th percentile
    National percentile19th 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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