9, Lethe Grove
9, Lethe Grove
Description & Estimates
9, Lethe Grove, Colchester is recorded publicly as a mid-century freehold house across 1,033 ft2 of internal area, sitting on a 162 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Lethe Grove, Colchester is £256,740 and its rental estimate is £1,437 per month, given the available information and assuming reasonable condition.
Lethe Grove, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
Our Data Sources
9, Lethe Grove, Colchester has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated June 2023.
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 9, Lethe Grove, Colchester, we estimate a market value of £269,577 and a rental value of £1,509 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £238,768 and £1,337 per month respectively.
Recent Market Change
Over the last year, 9, Lethe Grove, Colchester has seen its estimated sale value drop by £3,489 (1.4%) and its estimated rental value rise by £30 per month (2.1%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 9, Lethe Grove, Colchester as measuring 162 m2.
That makes it the 28th largest plot in the postcode, where all 28 other houses have recorded plot data.
Energy Efficiency
9, Lethe Grove, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jun 2023.
The property is 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 9, Lethe Grove, Colchester completed on 8th September 2023 at £258,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 5.3% over the period since September 2023.
- Sold Sep 2023£258,000
- Sold Mar 2009£109,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Lethe Grove, Colchester have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd July 2024, was 82, Lethe Grove, Colchester, CO2 8RQ, a freehold house which sold for £240,000.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 120 addresses on Lethe Grove, Colchester, CO2, 9, Lethe Grove, Colchester comes out as the 7th largest and the 24th most expensive in our analysis of the public data.
It is also £26k less expensive than the average property across the CO2 district.
More reading links
Schools Nearby
- 600mCherry Tree Academy
- 1.0kmMonkwick Junior School
- 1.0kmMonkwick Infant and Nursery School
- 1.1kmThe Thomas Lord Audley School
- 2.7kmPaxman Academy
- 3.2kmPhilip Morant School and College
More reading links
Public Transport Nearby
From 9, Lethe Grove, Colchester, the nearest station is Colchester Town, 3.1 kilometres away.
- 3.1kmColchester Town
- 3.4kmHythe (Essex)
- 3.7kmWivenhoe
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
