3 Gresley Close

    3, GRESLEY CLOSE, COLCHESTER, CO4 5WF

    This detached freehold property on Gresley Close last sold in March 2024 for £500,000. Based on price growth in the CO4 district since then, its estimated current value is £467,692 — placing it in the 76th percentile nationally and the 85th percentile within CO4. The property covers 110 m² (1,184 sq ft), giving an estimated value of £4,252 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £500,000

    Mar 2024

    Estimated Valuation

    £467,692

    Est. £/sq ft

    £395/sq ft

    £4,252/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,184 sq ft (110 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2024

    £500,000

    18 Feb 2021

    £425,000

    Key Metrics

    Estimated valuation£467,692
    Value per sq ft / m²£395/sq ft (£4,252/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile85th percentile
    National percentile76th 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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