61, FOREST ROAD, COLCHESTER, CO4 3RE - £137,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

61 FOREST ROAD is a small terraced house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £242,621. It was last sold for £137,500 in May 2011, which was around 7% below the average May 2011 terraced price in the Colchester local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

61 FOREST ROAD Sold Prices

Land registry data shows two sales for 61 FOREST ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Both of the two 61 FOREST ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 4 MAY	£137,500	£147,711	7% below HPI
2009 4 JUN	£123,000	£129,173	5% below HPI

61 FOREST ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The two 61 FOREST ROAD sales from June 2009 and May 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 61 FOREST ROAD be worth now?

61 FOREST ROAD might now be worth an estimated £242,621.

This is based on house price inflation of 76.5%, between May 2011 and June 2025, for terraced houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.5% inflationary increase is applied to the most recent sale price for 61 FOREST ROAD of £137,500 on 4th May 2011. For the value to have increased from £137,500 to £242,621 over the thirteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 61 FOREST ROAD has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The May 2011 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 61 FOREST ROAD has not materially changed since May 2011.

How Large is 61 FOREST ROAD?

61 FOREST ROAD is 88m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 61 FOREST ROAD lies on this distribution: 24% of terraced houses houses are smaller than 61 FOREST ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Colchester.

61 FOREST ROAD: Plot and Title Map

61 FOREST ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 61 FOREST ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 61 FOREST ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 61 FOREST ROAD?

61 FOREST ROAD is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 61 on FOREST ROAD.