2, Poplar Close
2, Poplar Close
Description & Estimates
Public records show 2, Poplar Close, Colchester to be a modern freehold house with 1,044 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Poplar Close, Colchester has an estimated sale value of £495,386 and an estimated rental value of £1,641 per month, assuming reasonable condition and based on the information available.
Poplar Close, Elmstead, Colchester, CO7 lies in the borough of Tendring, within the CO7 postal district.
Our Data Sources
2, Poplar Close, Colchester has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Poplar Close, Colchester would be worth £520,156, with a potential rental value of £1,723 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £460,709, with a rental value of £1,526 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Poplar Close, Colchester has dropped by £3,380 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £36 (2.2%). The property's estimated gross yield is currently 4.0%.
Energy Efficiency
2, Poplar Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Poplar Close, Colchester last changed hands on 7th July 2023, selling for £435,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 6.8% since July 2023.
- Sold Jul 2023£435,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.4 kilometres of 2, Poplar Close, Colchester across the last 2 years.
Most recently, 8A, Pine Way, Colchester, CO7 7XG, a freehold house, sold at £430,000 on the 31st May 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
Our analysis of the public data ranks 2, Poplar Close, Colchester as the 3rd largest and the 3rd most expensive of the 3 addresses on Poplar Close, Elmstead, Colchester, CO7.
Against the CO7 postcode district average, it is £100k more expensive than the typical property.
More reading links
Schools Nearby
- 800mElmstead Primary School
- 2.6kmMillfields Primary School
- 2.8kmBroomgrove Infant School
- 4.2kmColchester Academy
- 6.4kmThe Thomas Lord Audley School
- 6.7kmColne Community School
More reading links
Public Transport Nearby
Alresford (Essex) station is the nearest stop to 2, Poplar Close, Colchester at 2.7 kilometres away.
- 2.7kmAlresford (Essex)
- 3.6kmWivenhoe
- 4.7kmHythe (Essex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
