2 Lancaster Approach

    2, LANCASTER APPROACH, COLCHESTER, CO4 9AF

    This flat/maisonette leasehold property on Lancaster Approach last sold in December 2024 for £195,000. Based on price growth in the CO4 district since then, its estimated current value is £197,749 — placing it in the 24th percentile nationally and the 15th percentile within CO4. The property covers 60 m² (646 sq ft), giving an estimated value of £3,296 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £195,000

    Dec 2024

    Estimated Valuation

    £197,749

    Est. £/sq ft

    £306/sq ft

    £3,296/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 2012-2021
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateDec 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Dec 2024

    £195,000

    20 Dec 2019

    £172,500

    30 Oct 2015

    New build

    £170,995

    Key Metrics

    Estimated valuation£197,749
    Value per sq ft / m²£306/sq ft (£3,296/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile15th percentile
    National percentile24th 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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