27, Cranesbill Close
27, Cranesbill Close
Description & Estimates
27, Cranesbill Close, Colchester is recorded publicly as a modern freehold house across 968 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 27, Cranesbill Close, Colchester is £416,771 and its rental estimate is £1,984 per month, given the available information and assuming reasonable condition.
Cranesbill Close, Stanway, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
27, Cranesbill Close, Colchester has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that 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
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 27, Cranesbill Close, Colchester, we estimate a market value of £437,609 and a rental value of £2,084 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £387,597 and £1,845 per month respectively.
Recent Market Change
Over the last year, 27, Cranesbill Close, Colchester has seen its estimated sale value drop by £3,728 (0.9%) and its estimated rental value rise by £43 per month (2.2%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
27, Cranesbill Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 27, Cranesbill Close, Colchester completed on 1st July 2024 at £390,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 1.5% over the period since July 2024.
- Sold Jul 2024£390,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Cranesbill Close, Colchester have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2024, was 22, Cranesbill Close, Colchester, CO3 8PF, a freehold house which sold for £425,000.
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 28 addresses on Cranesbill Close, Stanway, Colchester, CO3, 27, Cranesbill Close, Colchester comes out as the 14th largest and the 12th most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the CO3 district.
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Schools Nearby
- 1.1kmLakelands Primary School
- 1.4kmStanway Primary School
- 1.8kmStanway Fiveways Primary School
- 1.5kmThe Stanway School
- 3.7kmPhilip Morant School and College
- 3.8kmPaxman Academy
More reading links
Public Transport Nearby
From 27, Cranesbill Close, Colchester, the nearest station is Marks Tey, 2.4 kilometres away.
- 2.4kmMarks Tey
- 5.5kmColchester
- 5.9kmColchester Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
