41, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £120,000

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.

41 APPRENTICE DRIVE is a large flat of 69m², built sometime between 2007 and 2011, which could now be worth an estimated £179,217. It was last sold for £120,000 in December 2012, which was around 11% above the average December 2012 flat price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

41 APPRENTICE DRIVE Sold Prices

Land registry data shows two sales for 41 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 41 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
2012 18 DEC	£120,000	£108,455	11% above HPI
2011 25 FEB	£131,950	£107,144	23% above HPI

What might 41 APPRENTICE DRIVE be worth now?

41 APPRENTICE DRIVE might now be worth an estimated £179,217.

This is based on house price inflation of 49.3%, between December 2012 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 49.3% inflationary increase is applied to the most recent sale price for 41 APPRENTICE DRIVE of £120,000 on 18th December 2012. For the value to have increased from £120,000 to £179,217 over the fourteen years and eight months to April 2026, the following assumptions must hold true:

• The value of 41 APPRENTICE DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The December 2012 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 41 APPRENTICE DRIVE has not materially changed since December 2012.

How Large is 41 APPRENTICE DRIVE?

41 APPRENTICE DRIVE is 69m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of flats in Colchester, based on EPC data. 78% of flats are smaller than 41 APPRENTICE DRIVE, and 21% of flats are larger. Note that EPC data is not available for all properties in Colchester.

41 APPRENTICE DRIVE: Plot

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

Where is 41 APPRENTICE DRIVE?

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