Our Data Sources
3, Market Close, Colchester has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated May 2019.
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
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 3, Market Close, Colchester, we estimate a market value of £428,360 and a rental value of £1,678 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £379,404 and £1,486 per month respectively.
Plot Size
HM Land Registry records the plot of land for 3, Market Close, Colchester as measuring 381 m2.
That makes it the largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
3, Market Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 May 2019.
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 3, Market Close, Colchester completed on 11th December 2020 at £345,000 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 23.7% over the period since December 2020.
- Sold Dec 2020£345,000
Similar Properties Sold Nearby
Over the past 2 years 180 properties similar to 3, Market Close, Colchester have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2024, was 10A, Pine Way, Colchester, CO7 7XG, a freehold house which sold for £400,000.
Read more about house prices in CO7.
- Sold Apr 2024£400,000 | 3 Bed House10A, Pine Way, Colchester, CO7 7XG10A, Pine Way, Colchester, CO7 7XG
- Sold Nov 2020£332,500 | 3 Bed House6, Market Close, Colchester, CO7 7FH6, Market Close, Colchester, CO7 7FH
- Sold Jul 2020£325,000 | 3 Bed House4, Market Close, Colchester, CO7 7FH4, Market Close, Colchester, CO7 7FH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Market Close, Elmstead, Colchester, CO7, 3, Market Close, Colchester comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £13k more expensive than the average property across the CO7 district.
More reading links
Schools Nearby
- Elmstead Primary School900 m away
- St George's Church of England Primary School, Great Bromley2.6 km away
- Millfields Primary School2.9 km away
- Colchester Academy4.4 km away
- The Thomas Lord Audley School6.7 km away
- Colne Community School6.7 km away
More reading links
Public Transport Nearby
- Alresford (Essex)|2.8 km away
- Wivenhoe|3.8 km away
- Hythe (Essex)|4.9 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
