8 Axial Drive

    8, AXIAL DRIVE, COLCHESTER, CO4 5RY

    This flat/maisonette leasehold property on Axial Drive last sold in March 2024 for £191,000. Based on price growth in the CO4 district since then, its estimated current value is £193,693 — placing it in the 23rd percentile nationally and the 14th percentile within CO4. The property covers 53 m² (570 sq ft), giving an estimated value of £3,655 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £191,000

    Mar 2024

    Estimated Valuation

    £193,693

    Est. £/sq ft

    £340/sq ft

    £3,655/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateApr 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2024

    £191,000

    20 Dec 2007

    New build

    £179,995

    Key Metrics

    Estimated valuation£193,693
    Value per sq ft / m²£340/sq ft (£3,655/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile14th percentile
    National percentile23rd 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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