7, Grange Farm Close
7, Grange Farm Close
Description & Estimates
Public records show 7, Grange Farm Close, Colchester to be a modern freehold house with 1,657 ft2 of internal area, sitting on a 601 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
7, Grange Farm Close, Colchester has an estimated sale value of £564,711 and an estimated rental value of £1,934 per month, assuming reasonable condition and based on the information available.
Grange Farm Close, Elmstead, Colchester, CO7 lies in the borough of Tendring, within the CO7 postal district.
Our Data Sources
7, Grange Farm Close, Colchester has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated April 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
In very good condition, we estimate 7, Grange Farm Close, Colchester would be worth £592,946, with a potential rental value of £2,030 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £525,181, with a rental value of £1,798 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 7, Grange Farm Close, Colchester has decreased by £2,556 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £49 (2.6%). The property's estimated gross yield is currently 4.1%.
Plot Size
7, Grange Farm Close, Colchester occupies a 601 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
7, Grange Farm Close, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
7, Grange Farm Close, Colchester last changed hands on 22nd October 2019, selling for £458,600. 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 10.6% since October 2019.
- Sold Oct 2019£458,600
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.1 kilometres of 7, Grange Farm Close, Colchester across the last 2 years.
Most recently, 5, Grange Farm Close, Colchester, CO7 7FF, a freehold house, sold at £625,000 on the 1st March 2024.
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
Our analysis of the public data ranks 7, Grange Farm Close, Colchester as the 7th largest and the 7th most expensive of the 16 addresses on Grange Farm Close, Elmstead, Colchester, CO7.
Against the CO7 postcode district average, it is £169k more expensive than the typical property.
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
Alresford (Essex) station is the nearest stop to 7, Grange Farm Close, Colchester at 2.3 kilometres away.
- 2.3kmAlresford (Essex)
- 4.2kmWivenhoe
- 4.4kmGreat Bentley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
