Property data
Sale history
Date Paid price Annual growth After inflation
Feb 2020 £142,500 * 12.7% 10.5%
Feb 2017 £100,250 * na na

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
63 square metres (678 square feet) according to latest EPC inspection
Price per internal area

This property sold for £2,261 per square metre (£210 per square foot) in Feb 2020. Indexed forward to today's value, this is roughly £2,490 per square metre (£231 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Feb 2020 £142,500 £2,262 £156,848 £2,490
Feb 2017 £100,250 £1,591 £114,538 £1,818

Calculated using the latest EPC internal area of 63 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £156,848. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Colchester are now selling for between £2,770 and £3,770 per square metre (£257 and £350 per square foot). Based on an internal area of 63 m², this implies a valuation between £175,000 and £238,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
2
Type
Flat
Council tax band
A
Company ownership
Title number
EX716119
Tenure
Leasehold/other
Title address
38 Lethe Grove, Colchester and store
Owner
TOYKAY PROPERTIES LTD (Company reference number: 12064364)
Proprietor address: 38 Lethe Grove, Colchester CO2 8RG
Price paid on title: £142,500
Ownership record added to Land Registry's corporate ownership dataset 19 Feb 2020
EPC Inspections
Summary:
06 December 2016 - energy performance certificate grade C
Reason for EPC:
Marketed sale
Tenure:
Unknown
Property type:
2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1967 to 1975
Area:
63 sqm (678 square foot) total internal area
Comments:
Walls: Cavity wall, filled cavity. Roof: (another dwelling above). Heating: Room heaters, mains gas.