21 Groves Close

    21, GROVES CLOSE, COLCHESTER, CO4 5BP

    This flat/maisonette leasehold property on Groves Close last sold in May 2014 for £116,500. Based on price growth in the CO4 district since then, its estimated current value is £176,067 — placing it in the 18th percentile nationally and the 10th percentile within CO4. The property covers 56 m² (603 sq ft), giving an estimated value of £3,144 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £116,500

    May 2014

    Estimated Valuation

    £176,067

    Est. £/sq ft

    £292/sq ft

    £3,144/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateApr 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    2 May 2014

    £116,500

    14 Jun 2007

    New build

    £162,500

    Key Metrics

    Estimated valuation£176,067
    Value per sq ft / m²£292/sq ft (£3,144/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile10th percentile
    National percentile18th 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

    More properties in CO4

    Streets in CO4

    Explore nearby