7 Wallace Road

    7, WALLACE ROAD, COLCHESTER, CO4 5GP

    This flat/maisonette leasehold property on Wallace Road last sold in September 2023 for £215,000. Based on price growth in the CO4 district since then, its estimated current value is £221,822 — placing it in the 30th percentile nationally and the 20th percentile within CO4. The property covers 77 m² (829 sq ft), giving an estimated value of £2,881 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £215,000

    Sept 2023

    Estimated Valuation

    £221,822

    Est. £/sq ft

    £268/sq ft

    £2,881/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Sept 2023

    £215,000

    25 Jan 2019

    £215,000

    27 Nov 2017

    £192,000

    12 Apr 2012

    £130,000

    31 Mar 2006

    £147,500

    22 May 2003

    New build

    £146,995

    Key Metrics

    Estimated valuation£221,822
    Value per sq ft / m²£268/sq ft (£2,881/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile20th percentile
    National percentile30th 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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