Gainsborough Close - CO5 8PR
Key Street Insights
Gainsborough Close is a residential street with 30 addresses.
It ranks as the 436th largest and 258th most expensive of the 589 streets in the CO5 area. The most common property type is a modern house built after 1980.
The street contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £411,391
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,552pcm
- 10 Year change
- up 62.7%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Street Insights
Gainsborough Close is a residential street with 30 addresses.
It ranks as the 436th largest and 258th most expensive of the 589 streets in the CO5 area. The most common property type is a modern house built after 1980.
The street contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £411,391
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,552pcm
- 10 Year change
- up 62.7%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertieson Gainsborough Close, West Mersea, Colchester, CO5
- 1 Gainsborough Close
3 Bed Modern House
- 2 Gainsborough Close
Unknown
- 3 Gainsborough Close
3 Bed Modern House
- 4 Gainsborough Close
4 Bed House
- 5 Gainsborough Close
3 Bed House
Sales Market Trends
The last sale on Gainsborough Close sold for £435,000 on 21st November 2024. Since then prices are up an average of 0.6%.
The current average value in the street is £411,391.
The Gainsborough Close Sales Market has increased by 30.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £411,391 |
| June 2025 | 1.8% | £415,573 |
| June 2024 | -3.2% | £408,260 |
| June 2023 | 1.7% | £421,750 |
| June 2022 | 10% | £414,851 |
| June 2021 | 7.5% | £377,142 |
| June 2020 | 0.7% | £350,698 |
| June 2019 | 0.5% | £348,118 |
| June 2018 | 0.5% | £346,505 |
| June 2017 | 8.9% | £344,681 |
| June 2016 | 9.8% | £316,397 |
| June 2015 | 9% | £288,260 |
| June 2014 | 7.6% | £264,574 |
| June 2013 | 2% | £245,933 |
| June 2012 | 1.9% | £241,114 |
| June 2011 | 0% | £236,630 |
| June 2010 | 8.4% | £236,654 |
| June 2009 | -9.6% | £218,266 |
| June 2008 | -4.9% | £241,398 |
| June 2007 | 0% | £253,726 |
Rental Market Trends
The current average rental value in the street is £1,552.
The Gainsborough Close Rental Market has increased by 62.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,552pcm |
| June 2025 | 5% | £1,510pcm |
| June 2024 | 6.4% | £1,438pcm |
| June 2023 | 7.1% | £1,352pcm |
| June 2022 | 10.9% | £1,262pcm |
| June 2021 | 8.8% | £1,138pcm |
| June 2020 | 2.5% | £1,046pcm |
| June 2019 | 0.5% | £1,020pcm |
| June 2018 | 1.4% | £1,015pcm |
| June 2017 | 4.9% | £1,001pcm |
| June 2016 | 5.9% | £954pcm |
| June 2015 | 4.4% | £901pcm |
| June 2014 | 3.2% | £863pcm |
| June 2013 | 0.9% | £837pcm |
| June 2012 | 1.9% | £829pcm |
| June 2011 | 3.3% | £814pcm |
| June 2010 | 7.9% | £788pcm |
| June 2009 | -7.1% | £730pcm |
| June 2008 | 2% | £786pcm |
| June 2007 | 0% | £770pcm |
Sales History
The last sale was on 21st November 2024 for £435,000 and since then the market in the area has increased by 0.6%. The street has had a total of 30 sales since 1995.
Gainsborough Close, West Mersea, Colchester, CO5 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£435,000 | 4 Bed House6, Gainsborough Close, Colchester, CO5 8PR6, Gainsborough Close, Colchester, CO5 8PR
- Sold Jun 2021£433,200 | 3 Bed House19, Gainsborough Close, Colchester, CO5 8PR19, Gainsborough Close, Colchester, CO5 8PR
- Sold Oct 2020£330,000 | 3 Bed House18, Gainsborough Close, Colchester, CO5 8PR18, Gainsborough Close, Colchester, CO5 8PR
- Sold Mar 2020£360,000 | 3 Bed House15, Gainsborough Close, Colchester, CO5 8PR15, Gainsborough Close, Colchester, CO5 8PR
- Sold Apr 2018£395,000 | 4 Bed House36, Gainsborough Close, Colchester, CO5 8PR36, Gainsborough Close, Colchester, CO5 8PR
Top 3 Most Expensive Sales
- Sold Nov 2024£435,000 | 4 Bed House6, Gainsborough Close, Colchester, CO5 8PR6, Gainsborough Close, Colchester, CO5 8PR
- Sold Jun 2021£433,200 | 3 Bed House19, Gainsborough Close, Colchester, CO5 8PR19, Gainsborough Close, Colchester, CO5 8PR
- Sold Apr 2018£395,000 | 4 Bed House36, Gainsborough Close, Colchester, CO5 8PR36, Gainsborough Close, Colchester, CO5 8PR
Nearby Streets
Gainsborough Close, West Mersea, Colchester, CO5 is the 436th largest and the 258th most expensive street in the CO5 area.
- Richmond Road, West Mersea, Colchester, CO514 Addresses|77 m away
- Oakwood Avenue, West Mersea, Colchester, CO598 Addresses|85 m away
- Kingsmere Close, West Mersea, Colchester, CO526 Addresses|105 m away
- Hogarth Close, West Mersea, Colchester, CO517 Addresses|123 m away
- Birchwood Close, West Mersea, Colchester, CO55 Addresses|132 m away
- Blossom Mews, West Mersea, Colchester, CO54 Addresses|139 m away
Property Types
- 8 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 10 other addresses of unknown type
- modern house (8)
- mid-century house (8)
- house (4)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (3)
- C (0)
- G (0)
- D (9)
- No EPC (14)
Schools Nearby
- Mersea Island School500 m away
- Langenhoe Community Primary School5.9 km away
- St Cedd's Church of England Primary School6.2 km away
- Colne Community School8.1 km away
- The Thomas Lord Audley School10.1 km away
- Paxman Academy11.1 km away
More reading links
Public Transport Nearby
The closest station to Gainsborough Close, West Mersea, Colchester, CO5 - CO5 8PR is Wivenhoe station, which is 8.9 kilometres away.
- Wivenhoe|8.9 km away
- Alresford (Essex)|9.7 km away
- Hythe (Essex)|11.9 km away