27 Groves Close, Colchester, CO4 5BP is a leasehold flat built in 2007 onwards. The property offers approximately 700 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £181,450 , which equates to approximately £259 per square foot. It was last sold on 14 Oct 2022 for £195,000. Since then, the value has decreased by £13,550, representing a 6.9% decrease, or approximately 2.2% per year.

The current estimated value of £181,450 is:

  • 37.5% lower than the average property price on Groves Close
  • 31.5% lower than the average in the CO4 5BP postcode area
  • and 43.6% lower than the average price for Colchester as a whole

View sold house prices in CO4 5BP

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£181,450
Price Per sq ft (estimate)
£259
Bedroom Count (estimate)
2 bedrooms

EPC Summary

27 Groves Close, Colchester, Essex, CO4 5BP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Apr 2014.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 27% of fixed outlets
Average

Compared to CO4 5BP

31 st / 35
Price Rank
31% lower than average
15 th / 33
Size Rank
19% smaller than average
28 th / 33
Price Per Sq FT Rank
15% lower than average

Compared to other properties in CO4 5BP , this flat's estimated value ranks 31th out of 35. Based on price per square foot, it ranks 28th out of 33 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 15th out of 33 properties in its postcode area.

Sale History

Today
£181,450
streetscan.co.uk estimate
-7 %
14 Oct 2022
£195,000
Leasehold
+39.3 %
21 Sep 2007
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £180,000
sale date: 2 Jun 2023
rooms: 3
size: 710 sq ft
sale price: £185,000
sale date: 18 Nov 2022
rooms: 3
size: 710 sq ft
sale price: £192,000
sale date: 18 Nov 2022
rooms: 3
size: 603 sq ft
sale price: £116,500
sale date: 2 May 2014
rooms: 3
size: 718 sq ft
sale price: £142,500
sale date: 1 Feb 2008

Data Sources

The property at 27 Groves Close, Colchester, CO4 5BP appears two times in the Land Registry records, with the latest transaction recorded on 14 Oct 2022. It also has a single Energy Performance Certificate (EPC) from 2 Apr 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.