4, Grange Farm Close
4, Grange Farm Close
Description & Estimates
4, Grange Farm Close, Colchester is recorded publicly as a modern freehold house across 1,786 ft2 of internal area, sitting on a 824 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Grange Farm Close, Colchester is £589,266 and its rental estimate is £2,018 per month, given the available information and assuming reasonable condition.
Grange Farm Close, Elmstead, Colchester, CO7 falls within the CO7 postal district, in the borough of Tendring.
Our Data Sources
4, Grange Farm Close, Colchester has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated January 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 4, Grange Farm Close, Colchester, we estimate a market value of £618,729 and a rental value of £2,119 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £548,017 and £1,876 per month respectively.
Recent Market Change
Over the last year, 4, Grange Farm Close, Colchester has seen its estimated sale value fall by £2,667 (0.5%) and its estimated rental value move up by £52 per month (2.6%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 4, Grange Farm Close, Colchester as measuring 824 m2.
That makes it the 3rd largest plot in the postcode, where 8 of the 16 other houses have recorded plot data.
Energy Efficiency
4, Grange Farm Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jan 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
The most recent sale of 4, Grange Farm Close, Colchester completed on 27th March 2020 at £480,000 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 10.3% over the period since March 2020.
- Sold Mar 2020£480,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Grange Farm Close, Colchester have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st March 2024, was 5, Grange Farm Close, Colchester, CO7 7FF, a freehold house which sold for £625,000.
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
Of the 16 addresses on Grange Farm Close, Elmstead, Colchester, CO7, 4, Grange Farm Close, Colchester comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £194k more expensive than the average property across the CO7 district.
More reading links
Schools Nearby
- 1.9kmElmstead Primary School
- 2.6kmAlresford Primary School
- 2.7kmSt George's Church of England Primary School, Great Bromley
- 5.5kmColchester Academy
- 5.9kmColne Community School
- 7.4kmThe Thomas Lord Audley School
More reading links
Public Transport Nearby
From 4, Grange Farm Close, Colchester, the nearest station is Alresford (Essex), 2.3 kilometres away.
- 2.3kmAlresford (Essex)
- 4.2kmWivenhoe
- 4.4kmGreat Bentley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
