1, Market Close
1, Market Close
Description & Estimates
According to the public record, 1, Market Close, Colchester is a mid-century house with 871 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Market Close, Colchester is £247,197 and the estimated rental value is £1,359 per month.
Market Close, Colchester, CO1 is located in the borough of Colchester within the CO1 postal district.
Our Data Sources
1, Market Close, Colchester has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Market Close, Colchester is in very good condition we estimate a sale value of £259,556 and a rental value of £1,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,893 and a rental value of £1,264 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Market Close, Colchester has fallen by £2,573 (1.0%), while its estimated rental value has moved up by £24 per month (1.8%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
1, Market Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Market Close, Colchester within a radius of 480 metres over the last 2 years.
The most recent example is 20, Morten Road, Colchester, CO1 1SF, a freehold house which sold for £262,500 on the 4th April 2025.
Read more about house prices in CO1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Market Close, Colchester, CO1 has a total of 11 addresses. According to our analysis of all the public data, 1, Market Close, Colchester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in CO1.
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Schools Nearby
- 200mNorth Primary School and Nursery
- 900mSt John's Green Primary School
- 1.1kmSt Thomas More's Catholic Primary School, Colchester
- 500mSt Helena School
- 1.0kmColchester Royal Grammar School
- 1.7kmSt Benedict's Catholic College
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Public Transport Nearby
The closest station to 1, Market Close, Colchester is Colchester station, which is 700 metres away.
- 700mColchester
- 1.1kmColchester Town
- 2.4kmHythe (Essex)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
