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2 bed flat for sale Castle Bailey, Colchester, CO1

Guide Price

£325,000

Added on 20/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Tenure: Leasehold

Key features

Stunning views over Colchester Castle
Third floor penthouse apartment
Substantial balcony
Contemporary style interior
Close to Central Colchester

About this property

A wonderful third floor penthouse apartment with substantial balcony and stunning views over Colchester's historic castle. Security entrance door to communal entrance hall with lift and stair flight giving access to the third floor. Entrance door leading through to the private entrance hall with large built-in storage cupboard housing the gas boiler and hot water tank.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,522
Band B

£1,776
Band C

£2,029
Band D

£2,283
Band E

£2,790
Band F

£3,297
Band G

£3,805
Band H

£4,566

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Colchester, 2026/27 bills run from £1,522 a year in band A to £4,566 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Colchester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

66 comparables · within 2.4 miles

Priced above 100% of the 2-bed flats for sale nearby right now.

This home, £325,000 Median £160,000 · £130,000 – £217,500

Compared with 66 2-bed flats for sale within 2.4 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Castle Bailey, Colchester, CO1

Open map Street View

Mortgage and stamp duty

Property price £325,000

£162k £488k

Deposit10% £33,000

£0 £325k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £292,000 mortgage. Most lenders would want a household income of about £65,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
2, Castle House, Castle Bailey Flat / maisonette	Flat / maisonette	Dec 2022	409 sq ft £850/sq ft	409 sq ft	£850	£347,500
5, Castle House, Castle Bailey Flat / maisonette	Flat / maisonette	May 2021	495 sq ft £626/sq ft	495 sq ft	£626	£310,000
2, Castle House, Castle Bailey Flat / maisonette	Flat / maisonette	Aug 2018	409 sq ft £892/sq ft	409 sq ft	£892	£365,000
3, Castle House, Castle Bailey Flat / maisonette	Flat / maisonette	Oct 2017	409 sq ft £953/sq ft	409 sq ft	£953	£390,000
4, Castle House, Castle Bailey Flat / maisonette	Flat / maisonette	Jul 2017	1,001 sq ft £395/sq ft	1,001 sq ft	£395	£395,000