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Baines Close is a residential street with 20 addresses.
It ranks as the 222nd largest and 408th most expensive of the 454 streets in the CO3 area. The dominant property type is a modern house built after 1980.
The street contains a total of 20 properties: 20 houses.
Baines Close is a residential street with 20 addresses.
It ranks as the 222nd largest and 408th most expensive of the 454 streets in the CO3 area. The dominant property type is a modern house built after 1980.
The street contains a total of 20 properties: 20 houses.
Sale prices range from £429,083 for 3 bedroom freehold houses with a garden (861 ft2) to £617,414 for 4 bedroom freehold houses with a garden (1,659 ft2) .
Monthly rental prices range from £1,782 pcm for 3 bed houses to £2,229 pcm for 4 bed houses.
The gross rental yield is between 4.3% and 5.6%.
The average value per square foot is £397.
The last sale on Baines Close sold for £595,000 on 18th March 2024. Since then prices are up an average of 1.0%.
The current average value in the street is £550,497.
The Baines Close Sales Market has increased by 30.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £550,497 |
| May 2025 | 2.5% | £555,581 |
| May 2024 | -3.5% | £541,978 |
| May 2023 | 3.1% | £561,532 |
| May 2022 | 8.2% | £544,601 |
| May 2021 | 8.1% | £503,524 |
| May 2020 | 0% | £465,783 |
| May 2019 | 0.5% | £465,928 |
| May 2018 | -0.9% | £463,772 |
| May 2017 | 10.6% | £468,128 |
| May 2016 | 8.1% | £423,286 |
| May 2015 | 10.1% | £391,627 |
| May 2014 | 7.6% | £355,623 |
| May 2013 | 0.1% | £330,420 |
| May 2012 | 2.9% | £330,205 |
| May 2011 | 2.5% | £320,909 |
| May 2010 | 7.3% | £313,146 |
| May 2009 | -12.2% | £291,721 |
| May 2008 | -2.1% | £332,225 |
| May 2007 | 0% | £339,335 |
The current average rental value in the street is £2,075.
The Baines Close Rental Market has increased by 62.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £2,075pcm |
| May 2025 | 7.9% | £2,031pcm |
| May 2024 | 6% | £1,883pcm |
| May 2023 | 6.4% | £1,777pcm |
| May 2022 | 9.1% | £1,670pcm |
| May 2021 | 7.8% | £1,531pcm |
| May 2020 | 2.7% | £1,420pcm |
| May 2019 | 1.6% | £1,383pcm |
| May 2018 | 1.7% | £1,361pcm |
| May 2017 | 5.1% | £1,339pcm |
| May 2016 | 3.8% | £1,274pcm |
| May 2015 | 4.1% | £1,227pcm |
| May 2014 | 1.5% | £1,180pcm |
| May 2013 | 0.2% | £1,162pcm |
| May 2012 | 0.9% | £1,159pcm |
| May 2011 | 2.8% | £1,149pcm |
| May 2010 | 7.6% | £1,118pcm |
| May 2009 | -5.7% | £1,039pcm |
| May 2008 | 1.3% | £1,103pcm |
| May 2007 | 0% | £1,089pcm |
The last sale was on 18th March 2024 for £595,000 and since then the market in the area has increased by 1.0%. The street has had a total of 14 sales since 1995.
Baines Close, Colchester, CO3 has seen 1 sale in the last three years and no sales in the last twelve months.
Baines Close, Colchester, CO3 is the 222nd largest and the 408th most expensive street in the CO3 area.
There is 1 postcode on Baines Close, Colchester, CO3.
The closest station to Baines Close, Colchester, CO3 is Colchester station which is 2.9 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Baines Close, Colchester, CO3, 57.7% of property is privately owned outright and 32.3% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Baines Close, Colchester, CO3, 16.1% of residents are recorded as possessing school level qualifications and 41.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Baines Close, Colchester, CO3, the average age was 45.6 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Baines Close, Colchester, CO3, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Baines Close, Colchester, CO3, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.