Chestnut Close - CO7 7XL
Key Street Insights
Chestnut Close is a residential street with 3 addresses.
It ranks as the 57th largest and 639th most expensive of the 773 streets in the CO7 area. The most common property type is a modern house built after 1980.
The street contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £546,420
- 10 Year change
- up 30.4%
- Ave. Rental Price
- £1,903pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £346/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Street Insights
Chestnut Close is a residential street with 3 addresses.
It ranks as the 57th largest and 639th most expensive of the 773 streets in the CO7 area. The most common property type is a modern house built after 1980.
The street contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £546,420
- 10 Year change
- up 30.4%
- Ave. Rental Price
- £1,903pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £346/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Properties on Chestnut Close, Elmstead, Colchester, CO7
- 1 Chestnut Close
4 Bed Modern House
- 2 Chestnut Close
3 Bed Modern House
- 3 Chestnut Close
4 Bed Modern House
Sales Market Trends
The last sale on Chestnut Close sold for £600,000 on 15th September 2023. Since then prices are down an average of 2.8%.
The current average value in the street is £546,420.
The Chestnut Close Sales Market has increased by 30.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.3% | £546,420 |
| July 2025 | 1.1% | £553,602 |
| July 2024 | -3.2% | £547,604 |
| July 2023 | 0.9% | £565,772 |
| July 2022 | 10.2% | £560,982 |
| July 2021 | 9.5% | £509,029 |
| July 2020 | 1.1% | £464,827 |
| July 2019 | 0.5% | £459,987 |
| July 2018 | 3.2% | £457,784 |
| July 2017 | 5.9% | £443,768 |
| July 2016 | 10.1% | £418,907 |
| July 2015 | 7.9% | £380,317 |
| July 2014 | 7.2% | £352,458 |
| July 2013 | 4% | £328,762 |
| July 2012 | -1.4% | £316,065 |
| July 2011 | -1.3% | £320,487 |
| July 2010 | 11.2% | £324,843 |
| July 2009 | -6.7% | £292,163 |
| July 2008 | -3.8% | £313,139 |
| July 2007 | 0% | £325,499 |
Rental Market Trends
The current average rental value in the street is £1,903.
The Chestnut Close Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.7% | £1,903pcm |
| July 2025 | 5.7% | £1,854pcm |
| July 2024 | 4.1% | £1,754pcm |
| July 2023 | 7.5% | £1,685pcm |
| July 2022 | 11.5% | £1,568pcm |
| July 2021 | 9.4% | £1,406pcm |
| July 2020 | 1.7% | £1,285pcm |
| July 2019 | 0.2% | £1,263pcm |
| July 2018 | 2.2% | £1,261pcm |
| July 2017 | 2.8% | £1,234pcm |
| July 2016 | 6.1% | £1,200pcm |
| July 2015 | 4.6% | £1,130pcm |
| July 2014 | 2.2% | £1,081pcm |
| July 2013 | 1.6% | £1,058pcm |
| July 2012 | 2% | £1,042pcm |
| July 2011 | 4.3% | £1,021pcm |
| July 2010 | 7.5% | £979pcm |
| July 2009 | -6.2% | £911pcm |
| July 2008 | 1% | £971pcm |
| July 2007 | 0% | £961pcm |
Sales History
The last recorded sale was on 15th September 2023 for £600,000 and since then the market in the area has decreased by 2.8%.
Chestnut Close, Elmstead, Colchester, CO7 has had 2 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Sep 2023£600,000 | 4 Bed House1, Chestnut Close, Colchester, CO7 7XL1, Chestnut Close, Colchester, CO7 7XL
- Sold Apr 2023£460,000 | 3 Bed House2, Chestnut Close, Colchester, CO7 7XL2, Chestnut Close, Colchester, CO7 7XL
Most Expensive Sales
- Sold Sep 2023£600,000 | 4 Bed House1, Chestnut Close, Colchester, CO7 7XL1, Chestnut Close, Colchester, CO7 7XL
- Sold Apr 2023£460,000 | 3 Bed House2, Chestnut Close, Colchester, CO7 7XL2, Chestnut Close, Colchester, CO7 7XL
Nearby Streets
Chestnut Close, Elmstead, Colchester, CO7 is the 57th largest and the 639th most expensive street in the CO7 area.
- Poplar Close, Elmstead, Colchester, CO73 Addresses|56 m away
- Tolley Court, Elmstead, Colchester, CO76 Addresses|61 m away
- Norfolk Grove, Elmstead, Colchester, CO712 Addresses|117 m away
- Pine Way, Elmstead, Colchester, CO737 Addresses|135 m away
- Vaughan Drive, Elmstead, Colchester, CO713 Addresses|175 m away
- Baxter Chase, Elmstead, Colchester, CO710 Addresses|175 m away
Property Types
- 3 modern houses built after 1980
- modern house (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (3)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Elmstead Primary School700 m away
- Millfields Primary School2.7 km away
- St George's Church of England Primary School, Great Bromley2.9 km away
- Colchester Academy4.2 km away
- The Thomas Lord Audley School6.4 km away
- The Gilberd School6.7 km away
More reading links
Public Transport Nearby
The closest station to Chestnut Close, Elmstead, Colchester, CO7 - CO7 7XL is Alresford (Essex) station, which is 2.8 kilometres away.
- Alresford (Essex)|2.8 km away
- Wivenhoe|3.6 km away
- Hythe (Essex)|4.7 km away
