2, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £194,000

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.

2 APPRENTICE DRIVE is a large flat of 69m², built sometime between 2007 and 2011, which could now be worth an estimated £189,249. It was last sold for £194,000 in February 2024, which was around 17% above the average February 2024 flat price in the Colchester local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

2 APPRENTICE DRIVE Sold Prices

Land registry data shows three sales for 2 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 2 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
2024 21 FEB	£194,000	£166,041	17% above HPI
2015 7 AUG	£149,795	£129,234	16% above HPI
2007 14 DEC	£150,000	£129,562	16% above HPI

What might 2 APPRENTICE DRIVE be worth now?

2 APPRENTICE DRIVE might now be worth an estimated £189,249.

This is based on house price deflation of 2.4%, between February 2024 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 2.4% deflationary decrease is applied to the most recent sale price for 2 APPRENTICE DRIVE of £194,000 on 21st February 2024. For the value to have decreased from £194,000 to £189,249 over the one year and ten months to April 2026, the following assumptions must hold true:

• The value of 2 APPRENTICE DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The February 2024 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 2 APPRENTICE DRIVE has not materially changed since February 2024.

How Large is 2 APPRENTICE DRIVE?

2 APPRENTICE DRIVE is 69m² according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of flats in Colchester, based on EPC data. 78% of flats are smaller than 2 APPRENTICE DRIVE, and 21% of flats are larger. Note that EPC data is not available for all properties in Colchester.

2 APPRENTICE DRIVE: Plot

2 APPRENTICE DRIVE sits on a plot of roughly 0.254 of an acre, or 1,026m².

Where is 2 APPRENTICE DRIVE?

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