22 Groves Close

    22, GROVES CLOSE, COLCHESTER, CO4 5BP

    This terraced freehold property on Groves Close last sold in July 2023 for £470,000. Based on price growth in the CO4 district since then, its estimated current value is £479,880 — placing it in the 77th percentile nationally and the 86th percentile within CO4. The property covers 201 m² (2,164 sq ft), giving an estimated value of £2,387 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,164 sq ft

    201 m²

    Last Sale Price

    £470,000

    Jul 2023

    Estimated Valuation

    £479,880

    Est. £/sq ft

    £222/sq ft

    £2,387/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,164 sq ft (201 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Jul 2023

    £470,000

    16 Nov 2007

    £270,000

    Key Metrics

    Estimated valuation£479,880
    Value per sq ft / m²£222/sq ft (£2,387/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile86th 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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