1, Lexden Grove
1, Lexden Grove
Description & Estimates
1, Lexden Grove, Colchester is recorded publicly as a mid-century freehold house across 2,098 ft2 of internal area, sitting on a 717 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 1, Lexden Grove, Colchester is £688,057 and its rental estimate is £2,637 per month, given the available information and assuming reasonable condition.
Lexden Grove, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
1, Lexden Grove, Colchester has 21 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Lexden Grove, Colchester, we estimate a market value of £722,460 and a rental value of £2,769 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £639,893 and £2,452 per month respectively.
Recent Market Change
Over the last year, 1, Lexden Grove, Colchester has seen its estimated sale value decrease by £4,114 (0.6%) and its estimated rental value grow by £60 per month (2.3%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 1, Lexden Grove, Colchester as measuring 717 m2.
That makes it the 2nd largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
1, Lexden Grove, Colchester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jul 2013.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Lexden Grove, Colchester completed on 6th February 2014 at £370,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 48.0% over the period since February 2014.
- Sold Feb 2014£370,000
- Sold Dec 2000£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Lexden Grove, Colchester have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2024, was 10, Masefield Drive, Colchester, CO3 4HX, a freehold house which sold for £750,000.
Read more about house prices in CO3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Lexden Grove, Colchester, CO3, 1, Lexden Grove, Colchester comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £311k more expensive than the average property across the CO3 district.
More reading links
Schools Nearby
- 500mHome Farm Primary School
- 600mLexden Primary School with Unit for Hearing Impaired Pupils
- 800mSt Teresa's Catholic Primary School, Colchester
- 1.2kmSt Benedict's Catholic College
- 1.2kmColchester County High School for Girls
- 1.3kmPhilip Morant School and College
More reading links
Public Transport Nearby
From 1, Lexden Grove, Colchester, the nearest station is Colchester, 2.7 kilometres away.
- 2.7kmColchester
- 3.1kmColchester Town
- 4.7kmHythe (Essex)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
