Model valuation£417,0008 Busby Close
Local market context
Estimated value
£156,000
Newest record on this page: June 2021. Land Registry and EPC registers update monthly, so this page can trail them by 2–3 months.
Our estimate
£156,000
Your note and figure are shown publicly on this page.
The estimate for 1 Charles Place is modelled from its 41 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in CO1 2NR. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.
Floor area
41 m² from the EPC lodged in October 2017
Sales of this home
2 sales recorded, the latest in 2018
Recent sales in CO1 2NR
5 sales, median £81,500 (2018–2000)
| Data | This page | Full report |
|---|---|---|
| Sales | Latest sale shown: May 2018 | Latest available records, read when you order |
| Valuation | Estimate from the last refresh | Analysed against comparable sales |
| Planning | 1 of 2 applications | Full history, plus nearby schemes |
| Flood risk | Not shown | Included |
1 Charles Place has more than quadrupled in price since its earliest registered sale in 1997.
14 February 2018Most recent
£125,500
+325.4%over 20 years19 December 1997
£29,500
Median price across the last 5 sales in CO1 2NR: £81,500 (2018–2000).
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1 Charles Place is a one-bedroom end-of-terrace house in Colchester (CO1 2NR). It has a recorded floor area of 41 m² (around 441 sq ft), construction records dating it to before 1900 and council tax band A. The latest certificate (October 2017) shows a D (score 63), on the cusp of jumping into the C band. The recommended improvements would lift it to B (score 86), a 2-band jump.
2 planning records sit against the property, 1 approved, 0 refused. Past consents include new windows, meaningful when judging how the property has evolved. Across 1997–2018, sale prices on this property compounded at 7.4% per year. Today's modelled estimate of £156,000 is 24.3% above the 2018 sale price. On a £-per-square-foot basis, the last sale (£284/sq ft) was about 69.9% above the typical sold price in the postcode. Last sold in February 2018, so it's been off the market for around 8 years.
Recommended upgrades on file would lift this property by multiple EPC bands.
Certificate validity
Valid until 3 October 2027
2 applications on record at 1 Charles Place, Colchester, CO1 2NR
Leylandii x5 - out of control hedge to be removed. Excessive shading and damaging to boundary wall with risk to surrounding pipes. Sambucus Nigra x1 - damaging boundary wall to be removed.
You're seeing the shape of it. The report has the substance.
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Rail-style transport is unusually close for this postcode.
Crime
279/mo
Falling year-on-year across the wider district.
Nearest stop
0.1 km
Maudlyn Road — bus stop.
Closest school
0.7 km
Unity Primary Academy. 28 schools nearby.
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Get a survey for this property
Because the property was built before 1919 and has solid (non-cavity) walls, we believe a Level 3 building survey should be considered.
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