2, FLAMINGO CRESCENT, STANWAY, COLCHESTER, CO3 8BX - £308,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FLAMINGO CRESCENT is a small detached house of 92m², which could now be worth an estimated £353,671. It was last sold for £308,500 in July 2019, which was around 30% below the average July 2019 detached price in the Colchester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

2 FLAMINGO CRESCENT Sold Prices

Land registry data shows two sales for 2 FLAMINGO CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 2 FLAMINGO CRESCENT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 5 JUL	£308,500	£438,096	30% below HPI
2017 30 NOV	£305,000	£433,625	30% below HPI

2 FLAMINGO CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 2 FLAMINGO CRESCENT sales from November 2017 and July 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2019 sale, which was also at 30% below the HPI.

What might 2 FLAMINGO CRESCENT be worth now?

2 FLAMINGO CRESCENT might now be worth an estimated £353,671.

This is based on house price inflation of 14.6%, between July 2019 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 2 FLAMINGO CRESCENT of £308,500 on 5th July 2019. For the value to have increased from £308,500 to £353,671 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 2 FLAMINGO CRESCENT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2019 sale price of £308,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FLAMINGO CRESCENT has not materially changed since July 2019.

How Large is 2 FLAMINGO CRESCENT?

2 FLAMINGO CRESCENT is 92m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 2 FLAMINGO CRESCENT lies on this distribution: 29% of detached houses houses are smaller than 2 FLAMINGO CRESCENT, and 70% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 FLAMINGO CRESCENT: Plot and Title Map

2 FLAMINGO CRESCENT sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 FLAMINGO CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 FLAMINGO CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 FLAMINGO CRESCENT?

2 FLAMINGO CRESCENT is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 2 on FLAMINGO CRESCENT.