Our Data Sources
40, Groves Close, Colchester has a single entry in the Land Registry from February 2008 and a single entry in the EPC database dated January 2020.
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
In very good condition, we estimate 40, Groves Close, Colchester would be worth £173,054, with a potential rental value of £994 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £153,277, with a rental value of £880 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
40, Groves Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
Sold Prices
40, Groves Close, Colchester last changed hands on 29th February 2008, selling for £169,995. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 11.2% since February 2008.
- Sold Feb 2008£169,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 208 sales of comparable properties within 540 metres of 40, Groves Close, Colchester since 2017.
Most recently, 55, Bradford Drive, Colchester, CO4 5ZB, a leasehold flat, sold at £150,000 on the 2nd April 2026.
Read more about house prices in CO4.
- Sold Apr 2026£150,000 | 2 Bed Flat55, Bradford Drive, Colchester, CO4 5ZB55, Bradford Drive, Colchester, CO4 5ZB
- Sold Oct 2025£150,000 | 2 Bed Flat25, Groves Close, Colchester, CO4 5BP25, Groves Close, Colchester, CO4 5BP
- Sold Aug 2025£164,000 | 2 Bed Flat17, Groves Close, Colchester, CO4 5BP17, Groves Close, Colchester, CO4 5BP
- Sold Nov 2024£162,500 | 2 Bed Flat32, Groves Close, Colchester, CO4 5BP32, Groves Close, Colchester, CO4 5BP
- Sold Oct 2024£140,000 | 2 Bed Flat35, Bradford Drive, Colchester, CO4 5ZB35, Bradford Drive, Colchester, CO4 5ZB
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £248,218, ranging from £163,398 to £460,621.
- 34 Groves Close
2 Bed Flat | 0 m | Est. Value: £163,398
- 44 Groves Close
2 Bed Flat | 0 m | Est. Value: £166,216
- 36 Groves Close
2 Bed Flat | 0 m | Est. Value: £167,606
- 42 Groves Close
2 Bed Flat | 0 m | Est. Value: £167,606
- 38 Groves Close
2 Bed Flat | 0 m | Est. Value: £164,813
Location Comparison
Our analysis of the public data ranks 40, Groves Close, Colchester as the 41st largest and the 41st most expensive of the 45 addresses on Groves Close, Colchester, CO4.
Against the CO4 postcode district average, it is £147k less expensive than the typical property.
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Schools Nearby
- Queen Boudica Primary School500 m away
- North Primary School and Nursery800 m away
- Myland Community Primary School1.2 km away
- St Helena School1.0 km away
- Colchester Royal Grammar School1.9 km away
- The Trinity School2.1 km away
More reading links
Public Transport Nearby
- Colchester|300 m away
- Colchester Town|1.9 km away
- Hythe (Essex)|2.9 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
