Detached

3 FIRSTORE DRIVE

COLCHESTER, ESSEX, CO3 9EA

£350,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Mellor Chase 0.2 miles
Shop ROL Cruise 0.3 miles
Train station Colchester 1.8 miles
Hospital Oaks Hospital 2.1 miles
University The Meadows 3.8 miles

Property details

Tenure

Freehold

Property type

Detached

Bedrooms

4

Bathrooms

1

Floor area

103 m²

EPC rating

C

Year built

England and Wales: 1976-1982

Last sold

£350,000 Apr 2026

Price per m²

£3,398/m²

Local average

£473,191 (55 sales)

Street crime

88 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 05/10/2021

Expiry date: 04/10/2031

Est. upgrade cost to C: £14,540

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Low energy lighting for all fixed outlets (£40)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 02/04/2026 £350,000 Detached £350,000 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
9 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA £310,000 05/07/2024 Detached
47 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA £375,000 27/07/2023 Detached
91 LONDON ROAD, COLCHESTER, ESSEX, CO3 9AN £465,000 01/06/2023 Detached
5 TUSSET MEWS, COLCHESTER, ESSEX, CO3 9EB £395,000 19/12/2022 Detached
14 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA £495,000 26/10/2022 Detached
36 HALSTEAD ROAD, COLCHESTER, ESSEX, CO3 9AE £435,000 26/08/2022 Detached
45 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA £375,000 19/08/2022 Detached
2 BEAVER CLOSE, COLCHESTER, ESSEX, CO3 9DZ £475,000 03/08/2022 Detached
44 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA £383,000 17/06/2022 Detached
4 BRIAN CADMAN GARDENS, COLCHESTER, ESSEX, CO3 9FJ £715,000 10/06/2022 Detached
7 TUSSET MEWS, COLCHESTER, ESSEX, CO3 9EB £390,000 15/12/2021 Detached
2 BRIAN CADMAN GARDENS, COLCHESTER, ESSEX, CO3 9FJ £550,000 10/11/2021 Detached
41 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA £390,000 26/10/2021 Detached

Area average: £442,538 (13 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -13.6%
10y growth 17.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Colchester. Series: Detached. As of April 2026.

1y (index) 0.6%
5y (index) 15.3%
10y (index) 33.9%

Rental Range

Estimated market rent for Colchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,083/mo
Realistic £1,203/mo
Optimistic £1,323/mo

Based on Local Authority from postcode lookup → Colchester.

LHA (30th percentile) floor for Colchester: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Detached House, Scott Drive, CO3 £1,550/mo 3 0.65 miles OpenRent

Average rent: £1,550/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.44%
Max investor price (0.8%) £193,750
Target investor price (1%) £155,000
Gross yield 5.3%
Cost-to-rent ratio 18.8×
Monthly cashflow £-8/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category Count
Violence and sexual offences 30
Anti-social behaviour 22
Criminal damage and arson 12
Public order 6
Shoplifting 5
Other theft 4
Burglary 2
Drugs 2
Robbery 2
Other crime 1
Possession of weapons 1
Vehicle crime 1
Total incidents 88

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Holmwood House School Other 0.3 miles (No rating)
Lexden Primary School with Unit for Hearing Impaired Pupils Primary 0.4 miles Good — 28 Mar 2014
Home Farm Primary School Primary 0.5 miles Outstanding — 6 Sep 2016
St Teresa's Catholic Primary School, Colchester Primary 0.7 miles Outstanding — 7 Feb 2014
Lexden Springs School Other 0.7 miles Inadequate — 24 Apr 2024

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
13/06/2016 18/05/2016 10 3