27, RECTORY CLOSE, COLCHESTER, CO4 5DN - £140,000

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.

27 RECTORY CLOSE is a small flat of 45m², built sometime between 1967 and 1975, which could now be worth an estimated £143,558. It was last sold for £140,000 in April 2021, which was around 12% below the average April 2021 flat price in the Colchester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was C.

27 RECTORY CLOSE Sold Prices

Land registry data shows three sales for 27 RECTORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. All of the three 27 RECTORY CLOSE 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
2021 16 APR	£140,000	£158,637	12% below HPI
2016 16 DEC	£115,000	£149,976	23% below HPI
2014 23 MAY	£86,000	£117,051	27% below HPI

What might 27 RECTORY CLOSE be worth now?

27 RECTORY CLOSE might now be worth an estimated £143,558.

This is based on house price inflation of 2.5%, between April 2021 and May 2026, for flats, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for 27 RECTORY CLOSE of £140,000 on 16th April 2021. For the value to have increased from £140,000 to £143,558 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 27 RECTORY CLOSE has moved in line with the HPI for flats in the Colchester local authority area.
• The April 2021 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RECTORY CLOSE has not materially changed since April 2021.

How Large is 27 RECTORY CLOSE?

27 RECTORY CLOSE is 45m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of flats in Colchester, based on EPC data. 21% of flats are smaller than 27 RECTORY CLOSE, and 78% of flats are larger. Note that EPC data is not available for all properties in Colchester.

27 RECTORY CLOSE: Plot

27 RECTORY CLOSE sits on a plot of roughly 1.1 acres, or 4,408m².

Where is 27 RECTORY CLOSE?

27 RECTORY CLOSE is located in COLCHESTER, in the CO4 postcode district.