37, Marram Close
37, Marram Close
Description & Estimates
37, Marram Close, Colchester is recorded publicly as a modern freehold house across 914 ft2 of internal area, sitting on a 294 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 37, Marram Close, Colchester is £338,684 and its rental estimate is £1,862 per month, given the available information and assuming reasonable condition.
Marram Close, Stanway, Colchester, CO3 falls within the CO3 postal district, in the borough of Colchester.
Our Data Sources
37, Marram Close, Colchester has a single entry in the Land Registry from May 2013 and a single entry in the EPC database dated February 2013.
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 37, Marram Close, Colchester, we estimate a market value of £355,618 and a rental value of £1,955 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,976 and £1,732 per month respectively.
Recent Market Change
Over the last year, 37, Marram Close, Colchester has seen its estimated sale value decrease by £3,030 (0.9%) and its estimated rental value grow by £40 per month (2.2%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 37, Marram Close, Colchester as measuring 294 m2.
That makes it the 23rd largest plot in the postcode, where 39 of the 40 other houses have recorded plot data.
Energy Efficiency
37, Marram Close, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 37, Marram Close, Colchester completed on 31st May 2013 at £199,995 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 73.3% over the period since May 2013.
- Sold May 2013£199,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37, Marram Close, Colchester have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2023, was 20, Meadow Grass Close, Colchester, CO3 0PL, a freehold house which sold for £335,000.
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 40 addresses on Marram Close, Stanway, Colchester, CO3, 37, Marram Close, Colchester comes out as the 30th largest and the 33rd most expensive in our analysis of the public data.
It is also £39k less expensive than the average property across the CO3 district.
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Schools Nearby
- 600mStanway Primary School
- 800mLakelands Primary School
- 1.2kmStanway Fiveways Primary School
- 800mThe Stanway School
- 2.9kmPhilip Morant School and College
- 3.0kmSt Benedict's Catholic College
More reading links
Public Transport Nearby
From 37, Marram Close, Colchester, the nearest station is Marks Tey, 3.5 kilometres away.
- 3.5kmMarks Tey
- 4.4kmColchester
- 4.9kmColchester Town
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
