16 Groves Close

    16, GROVES CLOSE, COLCHESTER, CO4 5BP

    This terraced freehold property on Groves Close last sold in December 2015 for £344,000. Based on price growth in the CO4 district since then, its estimated current value is £482,923 — placing it in the 77th percentile nationally and the 87th percentile within CO4. The property covers 144 m² (1,550 sq ft), giving an estimated value of £3,354 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £344,000

    Dec 2015

    Estimated Valuation

    £482,923

    Est. £/sq ft

    £312/sq ft

    £3,354/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,550 sq ft (144 m²)
    EPC dateJan 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2015

    £344,000

    5 Oct 2010

    £249,995

    27 Apr 2007

    New build

    £295,000

    Key Metrics

    Estimated valuation£482,923
    Value per sq ft / m²£312/sq ft (£3,354/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile87th percentile
    National percentile77th percentile

    District Context — CO4

    CO4 covers the Colchester area in Essex, positioned in the southeast of England. It is a mixed residential and commuter district with a blend of urban and suburban character, serving both local families and those working further afield.

    Average Property Price - CO4

    £347,292

    55

    National percentile

    Average Net Household Income - CO4

    £34,873

    31

    National percentile

    10-Year Annualised Price Growth - CO4

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO4

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