11, GRESLEY CLOSE, COLCHESTER, CO4 5WF - £245,000

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.

11 GRESLEY CLOSE is a detached house, which could now be worth an estimated £515,209. It was last sold for £245,000 in November 2003, which was around 2% above the average November 2003 detached price in the Colchester local authority area.

11 GRESLEY CLOSE Sold Prices

Land registry data shows two sales for 11 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 11 GRESLEY CLOSE sales were for above 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
2003 7 NOV	£245,000	£239,635	2% above HPI
1998 20 AUG	£132,000	£111,552	18% above HPI

What might 11 GRESLEY CLOSE be worth now?

11 GRESLEY CLOSE might now be worth an estimated £515,209.

This is based on house price inflation of 110.3%, between November 2003 and April 2026, for detached 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 110.3% inflationary increase is applied to the most recent sale price for 11 GRESLEY CLOSE of £245,000 on 7th November 2003. For the value to have increased from £245,000 to £515,209 over the 23 years and seven months to April 2026, the following assumptions must hold true:

• The value of 11 GRESLEY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2003 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GRESLEY CLOSE has not materially changed since November 2003.

Where is 11 GRESLEY CLOSE?

11 GRESLEY CLOSE is located in COLCHESTER, in the CO4 postcode district.