3 Springham Drive

    3, SPRINGHAM DRIVE, COLCHESTER, CO4 5FN

    This flat/maisonette leasehold property on Springham Drive last sold in July 2023 for £135,000. Based on price growth in the CO4 district since then, its estimated current value is £139,283 — placing it in the 10th percentile nationally and the 4th percentile within CO4. The property covers 50 m² (538 sq ft), giving an estimated value of £2,786 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £135,000

    Jul 2023

    Estimated Valuation

    £139,283

    Est. £/sq ft

    £259/sq ft

    £2,786/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jul 2023

    £135,000

    29 Oct 2004

    New build

    £135,500

    Key Metrics

    Estimated valuation£139,283
    Value per sq ft / m²£259/sq ft (£2,786/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile4th percentile
    National percentile10th 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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