Springfields Folkards Lane

    SPRINGFIELDS, FOLKARDS LANE, BRIGHTLINGSEA, COLCHESTER, CO7 0SP

    This detached freehold property on Folkards Lane last sold in October 2020 for £495,000. Based on price growth in the CO7 district since then, its estimated current value is £591,768 — placing it in the 85th percentile nationally and the 86th percentile within CO7. The property covers 157 m² (1,690 sq ft), giving an estimated value of £3,769 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,690 sq ft

    157 m²

    Last Sale Price

    £495,000

    Oct 2020

    Estimated Valuation

    £591,768

    Est. £/sq ft

    £350/sq ft

    £3,769/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialA
    Floor area1,690 sq ft (157 m²)
    EPC dateSept 2020
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    13 Oct 2020

    £495,000

    Key Metrics

    Estimated valuation£591,768
    Value per sq ft / m²£350/sq ft (£3,769/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO7 district percentile86th percentile
    National percentile85th percentile

    District Context — CO7

    CO7 covers Colchester and the surrounding areas in north Essex, positioned between London and the Suffolk coast. It is a diverse community with strong historical roots, popular with families and professionals seeking accessible connections to London.

    Average Property Price - CO7

    £389,719

    65

    National percentile

    Average Net Household Income - CO7

    £43,573

    72

    National percentile

    10-Year Annualised Price Growth - CO7

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO7

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