Sold STC Detached

48 FIRSTORE DRIVE

COLCHESTER, ESSEX CO3 9EA

2 beds 1 baths 517 sq ft Listed 29 Jan 2015 (-4153d)

£174,995

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# 2 bedroom detached bungalow for sale (CO3 9EA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 48 FIRSTORE DRIVE, COLCHESTER, ESSEX CO3 9EA |
| Price | £174,995 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 48 m² |
| Last sold | £174,995 May 2015 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Expiry date:** 22/02/2025 — **EXPIRED** (no longer valid for marketing or letting)

### Recommendations
- W2 (6,000)
- C (30)
- L2 (1,800)
- N (6,000)
- U (8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0832-2837-7029-9625-4101)

## Description

A great opportunity to acquire this two bedroom detached bungalow that is perfect for retired or for some one who is just simply moving down market.

The previous owner to this enjoyed 25 years here and we think the next owner will do the same.

With garden views backing to Woodland and tucked in this perfect little Cul de Sac, its a must have home.

There a little amount of work to be done but its clean/tidy and you can move in straight away as No Onward Chain is offered.

Bungalows are in short supply so you better move quick to grab this one.

## Property Photos

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## Floorplans

- ![Floorplan 1](/listings/photos/48170977/315696) - Floorplan 1
- ![Floorplan 2](/listings/photos/48170977/315706) - Floorplan 2

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #8017981
- **Address:** 48 Firstore Drive, COLCHESTER, CO3 9EA
- **Certificate Issued:** 14/03/2011
- **Work Completed:** 24/02/2011
- **Items:** 5 window(s), 2 door(s)

### FENSA Certificate #8040188
- **Address:** 48 Firstore Drive, COLCHESTER, CO3 9EA
- **Certificate Issued:** 14/03/2011
- **Work Completed:** 07/03/2011
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 48 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £174,995 | 29/05/2015 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 9 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £310,000 | 05/07/2024 | Detached |
| [Same street] 31 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £350,000 | 26/02/2024 | Semi-detached |
| [Same street] 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 |
| [Same street] 13 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £226,000 | 06/04/2023 | Terraced |
| 5 TUSSET MEWS, COLCHESTER, ESSEX, CO3 9EB | £395,000 | 19/12/2022 | Detached |
| [Same street] 15 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £241,000 | 12/12/2022 | Terraced |
| [Same street] 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 |
| [Same street] 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 |
| [Same street] 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 |
| [Same street] 41 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £390,000 | 26/10/2021 | Detached |
| [Same street] 18 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £295,000 | 20/07/2021 | Detached |
| 11 MELLOR CHASE, COLCHESTER, ESSEX, CO3 9BN | £320,000 | 30/06/2021 | Detached |
| 49 LONDON ROAD, COLCHESTER, ESSEX, CO3 9AJ | £650,000 | 30/06/2021 | Detached |
| [Same street] 52 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA | £210,000 | 25/06/2021 | Detached |

**Street average:** £331,818 (11 sales)
**Area average:** £488,333 (9 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £471,273 (53 Detached, CO3, 2024–2026)
- **Deviation:** -62.9%

## Rental Range

*ONS Price Index of Private Rents (Colchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,095/mo
- **Realistic:** £1,217/mo
- **Optimistic:** £1,339/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Colchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, London Road, CO3 | £1,300/mo | 2 | 0.21 miles | OpenRent |

**Average rent: £1,300/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.74% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 8.9%
- **Cost-to-rent:** 11.2×
- **Monthly cashflow:** £456/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £3,646/m²

## Capital growth trend

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

- **5y growth:** 2.1%
- **10y growth:** 22.9%

## House Price Index (HM Land Registry)

*Official index for Colchester; Detached series; as of March 2026.*

- **1y growth (index):** 1.7%
- **5y growth (index):** 15.1%
- **10y growth (index):** 35%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

FREEHOLD

Floor area

48 m²

EPC rating

Year built

England and Wales: 1950-1966

Last sold

£174,995 May 2015

Price per m²

£3,646/m²

Local average

£471,273 (-62.9%)

Deprivation

Decile 9 (27,240 of 33,755)

Street crime

73 incidents within 1 mile (Apr 2026)

Key features

Entrance Hallway
Lounge (17'7 x 13'1>10'4)
Kitchen (8'5 x 6'9)
Bedroom One (10'4 x 10'1)
Bedroom Two (10'4 x 6'9)
Bathroom (6'9 x 5'6)
Garage & Parking
No Chain!!
Perfect Retirement Home!!

Additional details

Parking: Yes
Garden: Yes

Description

A great opportunity to acquire this two bedroom detached bungalow that is perfect for retired or for some one who is just simply moving down market.

The previous owner to this enjoyed 25 years here and we think the next owner will do the same.

With garden views backing to Woodland and tucked in this perfect little Cul de Sac, its a must have home.

There a little amount of work to be done but its clean/tidy and you can move in straight away as No Onward Chain is offered.

Bungalows are in short supply so you better move quick to grab this one.

Listed by

Colchester

Temme English And Mitchell LTD

Reference: 48170977

EPC Rating & Upgrade Cost

This certificate expired on 22/02/2025. A new EPC may be required before the property can be marketed or let.

Current rating: E

Potential rating: B

Inspection date: 23/02/2015

Expiry date: 22/02/2025 (expired)

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (solid floor) (6,000)
Add additional 80 mm jacket to hot water cylinder (30)
High heat retention storage heaters and dual immersion cylinder (1,800)
Solar water heating (6,000)
Solar photovoltaic panels, 2.5 kWp (8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 2

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #8017981

Property Details

Street: 48 Firstore Drive

Town: COLCHESTER

Postcode: CO3 9EA

Installation Details

Items: 5 windows and 2 doors

Certificate Issued: 14/03/2011

Work Completed: 24/02/2011

This certificate data was retrieved from FENSA's database

FENSA Certificate #8040188

Property Details

Street: 48 Firstore Drive

Town: COLCHESTER

Postcode: CO3 9EA

Installation Details

Items: 1 door

Certificate Issued: 14/03/2011

Work Completed: 07/03/2011

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	29/05/2015 (11 years ago)	£174,995	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address	Price	Date	Type
Same street 9 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA	£310,000	05/07/2024	Detached
Same street 31 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA	£350,000	26/02/2024	Semi-detached
Same street 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
Same street 13 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA	£226,000	06/04/2023	Terraced
5 TUSSET MEWS, COLCHESTER, ESSEX, CO3 9EB	£395,000	19/12/2022	Detached
Same street 15 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA	£241,000	12/12/2022	Terraced
Same street 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
Same street 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
Same street 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
Same street 41 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA	£390,000	26/10/2021	Detached
Same street 18 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA	£295,000	20/07/2021	Detached
11 MELLOR CHASE, COLCHESTER, ESSEX, CO3 9BN	£320,000	30/06/2021	Detached
49 LONDON ROAD, COLCHESTER, ESSEX, CO3 9AJ	£650,000	30/06/2021	Detached
Same street 52 FIRSTORE DRIVE, COLCHESTER, ESSEX, CO3 9EA	£210,000	25/06/2021	Detached

Street average: £331,818 (11 sales)

Area average: £488,333 (9 sales)

Capital growth trend

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

5y growth 2.1%

10y growth 22.9%

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

1y (index) 1.7%

5y (index) 15.1%

10y (index) 35%

Rental Range

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

Low £1,095/mo

Realistic £1,217/mo

Optimistic £1,339/mo

Based on Local Authority from postcode lookup → Colchester.

LHA (30th percentile) floor for Colchester: £793/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View CO3 9EA

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
Shop	Collier & Catchpole	0.4 miles
Train station	Colchester	1.9 miles
Hospital	Oaks Hospital	2.1 miles
Train station	Colchester Town	2.4 miles
Hospital	Colchester General Hospital	2.4 miles
University	University Quays	3.7 miles
University	The Pastures	3.7 miles

Street-level crime

Category	Count
Violence and sexual offences	28
Anti-social behaviour	18
Public order	7
Shoplifting	5
Criminal damage and arson	4
Other theft	4
Burglary	3
Vehicle crime	2
Other crime	1
Robbery	1
Total incidents	73

Within 1 mile during Apr 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

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, London Road, CO3	£1,300/mo	2	0.21 miles	OpenRent

Average rent: £1,300/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.74%

Max investor price (0.8%) £162,500

Target investor price (1%) £130,000

Gross yield 8.9%

Cost-to-rent ratio 11.2×

Monthly cashflow £456/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10.8%

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).