10, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £125,000

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.

10 APPRENTICE DRIVE is a midsized flat of 60m², built in 2010, which could now be worth an estimated £185,328. It was last sold for £125,000 in August 2013, which was around 14% above the average August 2013 flat price in the Colchester local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

10 APPRENTICE DRIVE Sold Prices

Land registry data shows two sales for 10 APPRENTICE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. Both of the two 10 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
2013 30 AUG	£125,000	£109,249	14% above HPI
2010 9 DEC	£121,995	£107,781	13% above HPI

What might 10 APPRENTICE DRIVE be worth now?

10 APPRENTICE DRIVE might now be worth an estimated £185,328.

This is based on house price inflation of 48.3%, between August 2013 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 48.3% inflationary increase is applied to the most recent sale price for 10 APPRENTICE DRIVE of £125,000 on 30th August 2013. For the value to have increased from £125,000 to £185,328 over the thirteen years and four months to April 2026, the following assumptions must hold true:

• The value of 10 APPRENTICE DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The August 2013 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 10 APPRENTICE DRIVE has not materially changed since August 2013.

How Large is 10 APPRENTICE DRIVE?

10 APPRENTICE DRIVE is 60m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of flats in Colchester, based on EPC data. 56% of flats are smaller than 10 APPRENTICE DRIVE, and 41% of flats are larger. Note that EPC data is not available for all properties in Colchester.

10 APPRENTICE DRIVE: Plot

10 APPRENTICE DRIVE sits on a plot of roughly 0.131 of an acre, or 529m².

Where is 10 APPRENTICE DRIVE?

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