2, Grange Farm Close
2, Grange Farm Close
Description & Estimates
According to the public record, 2, Grange Farm Close, Colchester is a modern freehold house with 1,657 ft2 of internal area and sits on a 1,020 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Grange Farm Close, Colchester is £564,711 and the estimated rental value is £1,934 per month.
Grange Farm Close, Elmstead, Colchester, CO7 is located in the borough of Tendring within the CO7 postal district.
Our Data Sources
2, Grange Farm Close, Colchester has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Grange Farm Close, Colchester is in very good condition we estimate a sale value of £592,946 and a rental value of £2,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,181 and a rental value of £1,798 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Grange Farm Close, Colchester has declined by £2,556 (0.5%), while its estimated rental value has climbed by £49 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 2, Grange Farm Close, Colchester sits on a plot of 1,020 m2.
We have plot size data on 8 out of 16 other houses in the postcode and 2, Grange Farm Close, Colchester sits on the largest plot.
Energy Efficiency
2, Grange Farm Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
According to HM Land Registry, 2, Grange Farm Close, Colchester was last sold on 28th March 2019 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has risen by 12.4%.
- Sold Mar 2019£485,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grange Farm Close, Colchester within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 5, Grange Farm Close, Colchester, CO7 7FF, a freehold house which sold for £625,000 on the 1st March 2024.
Read more about house prices in CO7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Grange Farm Close, Elmstead, Colchester, CO7 has a total of 16 addresses. According to our analysis of all the public data, 2, Grange Farm Close, Colchester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in CO7.
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Schools Nearby
- 1.9kmElmstead Primary School
- 2.6kmAlresford Primary School
- 2.7kmSt George's Church of England Primary School, Great Bromley
- 5.5kmColchester Academy
- 5.9kmColne Community School
- 7.4kmThe Thomas Lord Audley School
More reading links
Public Transport Nearby
The closest station to 2, Grange Farm Close, Colchester is Alresford (Essex) station, which is 2.3 kilometres away.
- 2.3kmAlresford (Essex)
- 4.2kmWivenhoe
- 4.4kmGreat Bentley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
