61, QUEEN ELIZABETH WAY, COLCHESTER, CO2 8QS - £255,000

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.

61 QUEEN ELIZABETH WAY is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £294,498. It was last sold for £255,000 in October 2017, which was around 41% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

61 QUEEN ELIZABETH WAY Sold Prices

Land registry data shows two sales for 61 QUEEN ELIZABETH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 61 QUEEN ELIZABETH WAY sales were for below 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
2017 26 OCT	£255,000	£434,882	41% below HPI
2002 13 DEC	£103,500	£225,420	54% below HPI

61 QUEEN ELIZABETH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 61 QUEEN ELIZABETH WAY sales from December 2002 and October 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2002 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the October 2017 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 61 QUEEN ELIZABETH WAY be worth now?

61 QUEEN ELIZABETH WAY might now be worth an estimated £294,498.

This is based on house price inflation of 15.5%, between October 2017 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 61 QUEEN ELIZABETH WAY of £255,000 on 26th October 2017. For the value to have increased from £255,000 to £294,498 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 61 QUEEN ELIZABETH WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2017 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 61 QUEEN ELIZABETH WAY has not materially changed since October 2017.

How Large is 61 QUEEN ELIZABETH WAY?

61 QUEEN ELIZABETH WAY is 78m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berechurch, and where 61 QUEEN ELIZABETH WAY lies on this distribution: 19% of detached houses houses are smaller than 61 QUEEN ELIZABETH WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

61 QUEEN ELIZABETH WAY: Plot and Title Map

61 QUEEN ELIZABETH WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 61 QUEEN ELIZABETH WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 61 QUEEN ELIZABETH WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 61 QUEEN ELIZABETH WAY?

61 QUEEN ELIZABETH WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 61 on QUEEN ELIZABETH WAY.