24, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £155,000

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.

24 APPRENTICE DRIVE is a small flat of 53m², built sometime between 2007 and 2011, which could now be worth an estimated £183,621. It was last sold for £155,000 in January 2016, which was around 13% above the average January 2016 flat price in the Colchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

24 APPRENTICE DRIVE Sold Prices

Land registry data shows two sales for 24 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 24 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
2016 29 JAN	£155,000	£136,728	13% above HPI
2010 20 DEC	£123,495	£107,781	15% above HPI

What might 24 APPRENTICE DRIVE be worth now?

24 APPRENTICE DRIVE might now be worth an estimated £183,621.

This is based on house price inflation of 18.5%, between January 2016 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 18.5% inflationary increase is applied to the most recent sale price for 24 APPRENTICE DRIVE of £155,000 on 29th January 2016. For the value to have increased from £155,000 to £183,621 over the nine years and nine months to April 2026, the following assumptions must hold true:

• The value of 24 APPRENTICE DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The January 2016 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 24 APPRENTICE DRIVE has not materially changed since January 2016.

How Large is 24 APPRENTICE DRIVE?

24 APPRENTICE DRIVE is 53m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of flats in Colchester, based on EPC data. 37% of flats are smaller than 24 APPRENTICE DRIVE, and 61% of flats are larger. Note that EPC data is not available for all properties in Colchester.

24 APPRENTICE DRIVE: Plot

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

Where is 24 APPRENTICE DRIVE?

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