224 Axial Drive

    224, AXIAL DRIVE, COLCHESTER, CO4 5YJ

    This detached freehold property on Axial Drive last sold in September 2024 for £585,000. Based on price growth in the CO4 district since then, its estimated current value is £547,199 — placing it in the 83rd percentile nationally and the 91st percentile within CO4. The property covers 158 m² (1,701 sq ft), giving an estimated value of £3,463 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,701 sq ft

    158 m²

    Last Sale Price

    £585,000

    Sept 2024

    Estimated Valuation

    £547,199

    Est. £/sq ft

    £322/sq ft

    £3,463/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,701 sq ft (158 m²)
    EPC dateMay 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Sept 2024

    £585,000

    10 May 2012

    New build

    £313,495

    Key Metrics

    Estimated valuation£547,199
    Value per sq ft / m²£322/sq ft (£3,463/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile91st percentile
    National percentile83rd 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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