46, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £175,000

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.

46 APPRENTICE DRIVE is a large flat of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £179,590. It was last sold for £175,000 in September 2019, which was around 11% above the average September 2019 flat price in the Colchester local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

46 APPRENTICE DRIVE Sold Prices

Land registry data shows three sales for 46 APPRENTICE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. All of the three 46 APPRENTICE DRIVE sales were for above 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 4 SEP	£175,000	£157,835	11% above HPI
2015 10 DEC	£142,000	£134,731	5% above HPI
2011 18 FEB	£124,000	£107,144	16% above HPI

What might 46 APPRENTICE DRIVE be worth now?

46 APPRENTICE DRIVE might now be worth an estimated £179,590.

This is based on house price inflation of 2.6%, between September 2019 and April 2026, for flats, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 46 APPRENTICE DRIVE of £175,000 on 4th September 2019. For the value to have increased from £175,000 to £179,590 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 46 APPRENTICE DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The September 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 46 APPRENTICE DRIVE has not materially changed since September 2019.

How Large is 46 APPRENTICE DRIVE?

46 APPRENTICE DRIVE is 67m² according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of flats in Colchester, based on EPC data. 74% of flats are smaller than 46 APPRENTICE DRIVE, and 24% of flats are larger. Note that EPC data is not available for all properties in Colchester.

46 APPRENTICE DRIVE: Plot

46 APPRENTICE DRIVE sits on a plot of roughly 0.185 of an acre, or 747m².

Where is 46 APPRENTICE DRIVE?

46 APPRENTICE DRIVE is located in COLCHESTER, in the CO4 postcode district.