40 Axial Drive

    40, AXIAL DRIVE, COLCHESTER, CO4 5RY

    This flat/maisonette leasehold property on Axial Drive last sold in March 2023 for £196,000. Based on price growth in the CO4 district since then, its estimated current value is £202,219 — placing it in the 25th percentile nationally and the 16th percentile within CO4. The property covers 64 m² (689 sq ft), giving an estimated value of £3,160 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £196,000

    Mar 2023

    Estimated Valuation

    £202,219

    Est. £/sq ft

    £294/sq ft

    £3,160/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateDec 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2023

    £196,000

    6 May 2015

    £144,000

    27 Nov 2009

    New build

    £105,000

    Key Metrics

    Estimated valuation£202,219
    Value per sq ft / m²£294/sq ft (£3,160/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile16th percentile
    National percentile25th 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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