40 Groves Close, Colchester, CO4 5BP is a leasehold flat built in 2007 onwards. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £170,184 , which equates to approximately £298 per square foot. It was last sold on 27 Jun 2025 for £170,000. Since then, the value has increased by £184, representing a 0.1% increase, or approximately 0.2% per year.

The current estimated value of £170,184 is:

  • 41.3% lower than the average property price on Groves Close
  • 35.8% lower than the average in the CO4 5BP postcode area
  • and 47.1% 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
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£170,184
Price Per sq ft (estimate)
£298
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Groves Close, Colchester, Essex, CO4 5BP has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Jan 2020.

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.

The previous EPC assessment was conducted on 3 Jun 2009, and the property received the same rating of B with an unchanged energy efficiency score of 82.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO4 5BP

21 st / 35
Price Rank
36% lower than average
29 th / 33
Size Rank
34% smaller than average
5 th / 33
Price Per Sq FT Rank
3% lower than average

Compared to other properties in CO4 5BP , this flat's estimated value ranks 21th out of 35. Based on price per square foot, it ranks 5th out of 33 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 29th out of 33 properties in its postcode area.

Sale History

Today
£170,184
streetscan.co.uk estimate
+0 %
27 Jun 2025
£170,000
Leasehold
0 %
29 Feb 2008
£169,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £164,000
sale date: 15 Aug 2025
rooms: 3
size: 570 sq ft
sale price: £162,500
sale date: 12 Nov 2024
rooms: 3
size: 592 sq ft
sale price: £165,000
sale date: 7 Jun 2023
rooms: 3
size: 581 sq ft
sale price: £179,000
sale date: 23 Nov 2022
rooms: 3
size: 581 sq ft
sale price: £165,000
sale date: 19 Aug 2021

Data Sources

The property at 40 Groves Close, Colchester, CO4 5BP appears two times in the Land Registry records, with the latest transaction recorded on 27 Jun 2025. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jan 2020. 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.