45, APPRENTICE DRIVE, COLCHESTER, CO4 5SE - £115,000

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.

45 APPRENTICE DRIVE is a midsized flat of 59m², built sometime between 2007 and 2011, which could now be worth an estimated £170,520. It was last sold for £115,000 in July 2011, which was around 5% above the average July 2011 flat price in the Colchester local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

45 APPRENTICE DRIVE Sold Prices

Land registry data shows two sales for 45 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 45 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
2011 25 JUL	£115,000	£109,237	5% above HPI
2011 28 JAN	£116,000	£108,134	7% above HPI

What might 45 APPRENTICE DRIVE be worth now?

45 APPRENTICE DRIVE might now be worth an estimated £170,520.

This is based on house price inflation of 48.3%, between July 2011 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 45 APPRENTICE DRIVE of £115,000 on 25th July 2011. For the value to have increased from £115,000 to £170,520 over the fifteen years and three months to April 2026, the following assumptions must hold true:

• The value of 45 APPRENTICE DRIVE has moved in line with the HPI for flats in the Colchester local authority area.
• The July 2011 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 45 APPRENTICE DRIVE has not materially changed since July 2011.

How Large is 45 APPRENTICE DRIVE?

45 APPRENTICE DRIVE is 59m² according to the EPC inspection conducted in December 2023. This puts it in the largest 50% of flats in Colchester, based on EPC data. 53% of flats are smaller than 45 APPRENTICE DRIVE, and 44% of flats are larger. Note that EPC data is not available for all properties in Colchester.

45 APPRENTICE DRIVE: Plot

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

Where is 45 APPRENTICE DRIVE?

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