31, Cranesbill Close
31, Cranesbill Close
Description & Estimates
Public records show 31, Cranesbill Close, Colchester to be a modern freehold house with 742 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
31, Cranesbill Close, Colchester has an estimated sale value of £354,681 and an estimated rental value of £1,789 per month, assuming reasonable condition and based on the information available.
Cranesbill Close, Stanway, Colchester, CO3 lies in the borough of Colchester, within the CO3 postal district.
Our Data Sources
31, Cranesbill Close, Colchester has a single entry in the Land Registry from June 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
In very good condition, we estimate 31, Cranesbill Close, Colchester would be worth £372,415, with a potential rental value of £1,879 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £329,853, with a rental value of £1,664 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 31, Cranesbill Close, Colchester has declined by £3,173 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (2.2%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
31, 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
31, Cranesbill Close, Colchester last changed hands on 27th June 2024, selling for £355,000. 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 risen by 1.5% since June 2024.
- Sold Jun 2024£355,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 31, Cranesbill Close, Colchester across the last 2 years.
Most recently, 18, Cranesbill Close, Colchester, CO3 8PF, a freehold house, sold at £345,000 on the 11th October 2024.
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
Our analysis of the public data ranks 31, Cranesbill Close, Colchester as the 21st largest and the 21st most expensive of the 28 addresses on Cranesbill Close, Stanway, Colchester, CO3.
Against the CO3 postcode district average, it is £23k less expensive than the typical property.
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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
Marks Tey station is the nearest stop to 31, Cranesbill Close, Colchester at 2.4 kilometres away.
- 2.4kmMarks Tey
- 5.5kmColchester
- 5.9kmColchester Town
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
