42, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £197,000

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.

42 APPRENTICE DRIVE is a large flat of 63m², built sometime between 2003 and 2006, which could now be worth an estimated £181,270. It was last sold for £197,000 in July 2022, which was around 12% above the average July 2022 flat price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

42 APPRENTICE DRIVE Sold Prices

Land registry data shows three sales for 42 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 42 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
2022 8 JUL	£197,000	£176,031	12% above HPI
2012 30 NOV	£125,000	£107,914	16% above HPI
2011 28 FEB	£115,000	£107,144	7% above HPI

What might 42 APPRENTICE DRIVE be worth now?

42 APPRENTICE DRIVE might now be worth an estimated £181,270.

This is based on house price deflation of 8%, between July 2022 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 8% deflationary decrease is applied to the most recent sale price for 42 APPRENTICE DRIVE of £197,000 on 8th July 2022. For the value to have decreased from £197,000 to £181,270 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 42 APPRENTICE DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The July 2022 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 42 APPRENTICE DRIVE has not materially changed since July 2022.

How Large is 42 APPRENTICE DRIVE?

42 APPRENTICE DRIVE is 63m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of flats in Colchester, based on EPC data. 65% of flats are smaller than 42 APPRENTICE DRIVE, and 33% of flats are larger. Note that EPC data is not available for all properties in Colchester.

42 APPRENTICE DRIVE: Plot

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

Where is 42 APPRENTICE DRIVE?

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