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According to the public record, 12, Gresley Close, Colchester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,477 ft2 of internal area and sits on a 403 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Gresley Close, Colchester is £547,894 and the estimated rental value is £1,765 per month.
Gresley Close, Colchester, CO4 is located in the borough of Colchester within the CO4 postal district.
12, Gresley Close, Colchester has 21 entries in the Land Registry , most recently in August 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 12, Gresley Close, Colchester is in very good condition we estimate a sale value of £575,289 and a rental value of £1,853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,541 and a rental value of £1,641 per month.
Over the last 12 months the sale value of 12 Gresley Close Colchester has decreased by an estimated £5,259 (1.0%) and its rental value has increased by an estimated £36 per month (2.0%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 12, Gresley Close, Colchester sits on a plot of 403m2.
We have plot size data on 12 out of 12 other houses in the postcode and 12, Gresley Close, Colchester sits on the largest plot.
According to HM Land Registry, 12, Gresley Close, Colchester was last sold on 13th August 2010 for £339,995 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2010, the market for similar properties has risen 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Gresley Close, Colchester within a radius of 710 metres over the last 2 years.
The most recent example is 92, Peto Avenue, Colchester, CO4 5WL, a freehold house which sold for £460,000 on the 5th April 2024.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresley Close, Colchester, CO4 has a total of 12 addresses. According to our analysis of all the public data, 12, Gresley Close, Colchester is the largest and the most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in CO4.
The closest station to 12, Gresley Close, Colchester is Colchester station which is 800 metres away.
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 12, Gresley Close, Colchester, % of property is and % is .
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 12, Gresley Close, Colchester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 12, Gresley Close, Colchester, 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 12, Gresley Close, Colchester, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.