62, Lethe Grove, CO2 8RQ
62 Lethe Grove is a 65 m² flat in Colchester. It sold for £80,000 in Aug 2024.
- Sale history
-
Date Paid price Annual growth After inflation Aug 2024 £80,000 * -1.9% -4.5% Nov 2007 £110,000 8.3% 5.9% Nov 2003 £80,000 27.6% 26.1% Jun 2001 £44,000 11.7% 9.8% Jul 1997 £28,500 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
- 65 square metres (700 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,230 per square metre (£114 per square foot) in Aug 2024. Indexed forward to today's value, this is roughly £1,202 per square metre (£112 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Aug 2024 £80,000 £1,231 £78,115 £1,202 Nov 2007 £110,000 £1,692 £147,311 £2,266 Nov 2003 £80,000 £1,231 £144,018 £2,216 Jun 2001 £44,000 £677 £119,520 £1,839 Jul 1997 £28,500 £438 £120,138 £1,848 Calculated using the latest EPC internal area of 65 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 £78,115. 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 65 m², this implies a valuation between £180,000 and £245,000. 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
- Title number
- EX348747
- Tenure
- Leasehold/other
- Title address
- 62 Lethe Grove, Colchester and store
- Owner
-
LIME RESIDENTIAL LIMITED
(Company reference number: 05984993)
Proprietor address: The Curatage, Orford Road, Bromeswell, Woodbridge, IP12 2PP
Price paid on title: £80,000
Ownership record added to Land Registry's corporate ownership dataset 13 Sep 2024
- History:
- Archived rental listing for 62 Lethe Grove. Advertised on multiple portals. It was . It last appeared Oct 2005.
- Photos:
-
There are 1 archived estate agent listing photos for 62 Lethe Grove.
- Advertiser remarks:
-
- 2 bedrooms
- Summary:
- 17 June 2024 - energy performance certificate grade C
- Reason for EPC:
- Marketed sale
- Tenure:
- Owner-occupied
- Property type:
- 2nd floor flat in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 1950 to 1966
- Area:
- 65 sqm (700 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, no insulation (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.