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Balkerne Close is a residential street with 3 addresses.
It ranks as the 15th largest and 229th most expensive of the 231 streets in the CO1 area.
The street contains a total of 3 properties: 3 houses.
Balkerne Close is a residential street with 3 addresses.
It ranks as the 15th largest and 229th most expensive of the 231 streets in the CO1 area.
The street contains a total of 3 properties: 3 houses.
Sale prices range from £227,599 for 2 bedroom freehold houses with a garden (487 ft2) to £553,598 for 5 bedroom freehold houses with a garden (2,162 ft2) .
Monthly rental prices range from £998 pcm for 2 bed houses to £2,383 pcm for 5 bed houses.
The gross rental yield is between 5.2% and 5.3%.
The average value per square foot is £256.
The last sale on Balkerne Close sold for £105,000 on 20th August 2008. Since then prices are up an average of 69.9%.
The current average value in the street is £431,297.
The Balkerne Close Sales Market has increased by 26.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £431,297 |
| May 2025 | 0.7% | £434,374 |
| May 2024 | -2% | £431,312 |
| May 2023 | 0.9% | £440,034 |
| May 2022 | 10.2% | £435,981 |
| May 2021 | 5.8% | £395,648 |
| May 2020 | 0.6% | £373,798 |
| May 2019 | -1.6% | £371,547 |
| May 2018 | -0.6% | £377,709 |
| May 2017 | 11.1% | £379,834 |
| May 2016 | 11.5% | £341,914 |
| May 2015 | 7.8% | £306,615 |
| May 2014 | 7.1% | £284,461 |
| May 2013 | 0.2% | £265,588 |
| May 2012 | 1.1% | £265,170 |
| May 2011 | 1.7% | £262,403 |
| May 2010 | 8.4% | £258,011 |
| May 2009 | -11.4% | £238,012 |
| May 2008 | -5.6% | £268,563 |
| May 2007 | 0% | £284,625 |
The current average rental value in the street is £1,863.
The Balkerne Close Rental Market has increased by 64.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,863pcm |
| May 2025 | 5.3% | £1,822pcm |
| May 2024 | 5.7% | £1,730pcm |
| May 2023 | 8.1% | £1,637pcm |
| May 2022 | 12.6% | £1,515pcm |
| May 2021 | 9.4% | £1,345pcm |
| May 2020 | 2.1% | £1,229pcm |
| May 2019 | 0.3% | £1,203pcm |
| May 2018 | 0.8% | £1,199pcm |
| May 2017 | 5% | £1,189pcm |
| May 2016 | 5.4% | £1,133pcm |
| May 2015 | 4.3% | £1,075pcm |
| May 2014 | 1.9% | £1,031pcm |
| May 2013 | 0.3% | £1,012pcm |
| May 2012 | 2.5% | £1,009pcm |
| May 2011 | 4.2% | £984pcm |
| May 2010 | 6.7% | £944pcm |
| May 2009 | -6.4% | £885pcm |
| May 2008 | 1.1% | £945pcm |
| May 2007 | 0% | £935pcm |
The last sale was on 20th August 2008 for £105,000 and since then the market in the area has increased by 69.9%. The street has had a total of 2 sales since 1995.
Balkerne Close, Colchester, CO1 has seen no sales in the last three years and no sales in the last twelve months.
Balkerne Close, Colchester, CO1 is the 15th largest and the 229th most expensive street in the CO1 area.
There is 1 postcode on Balkerne Close, Colchester, CO1.
The closest station to Balkerne Close, Colchester, CO1 is Colchester Town station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Balkerne Close, Colchester, CO1, 57.4% of property is socially rented and 18.9% is privately rented.
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 Balkerne Close, Colchester, CO1, 14.3% of residents are recorded as possessing school level qualifications and 37.5% 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 Balkerne Close, Colchester, CO1, the average age was 40 and the most common age was 27.
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 Balkerne Close, Colchester, CO1, 0.3% 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 Balkerne Close, Colchester, CO1, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.