56 Springham Drive

    56, SPRINGHAM DRIVE, COLCHESTER, CO4 5FN

    This terraced freehold property on Springham Drive last sold in January 2023 for £360,000. Based on price growth in the CO4 district since then, its estimated current value is £367,568 — placing it in the 62nd percentile nationally and the 65th percentile within CO4. The property covers 138 m² (1,485 sq ft), giving an estimated value of £2,664 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £360,000

    Jan 2023

    Estimated Valuation

    £367,568

    Est. £/sq ft

    £247/sq ft

    £2,664/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,485 sq ft (138 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jan 2023

    £360,000

    30 Nov 2004

    £250,000

    Key Metrics

    Estimated valuation£367,568
    Value per sq ft / m²£247/sq ft (£2,664/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile65th percentile
    National percentile62nd 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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