7, STABLE CLOSE, STANWAY, COLCHESTER, CO3 0UG - £155,000

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.

7 STABLE CLOSE is a very small flat of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £159,687. It was last sold for £155,000 in May 2018, which was around 1% below the average May 2018 flat price in the Colchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was C.

7 STABLE CLOSE Sold Prices

Land registry data shows three sales for 7 STABLE 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 7 STABLE 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
2018 25 MAY	£155,000	£157,221	1% below HPI
2011 15 APR	£92,000	£107,193	14% below HPI
1999 3 JUN	£42,000	£43,342	3% below HPI

What might 7 STABLE CLOSE be worth now?

7 STABLE CLOSE might now be worth an estimated £159,687.

This is based on house price inflation of 3%, between May 2018 and April 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 3% inflationary increase is applied to the most recent sale price for 7 STABLE CLOSE of £155,000 on 25th May 2018. For the value to have increased from £155,000 to £159,687 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 7 STABLE CLOSE has moved in line with the HPI for flats in the Colchester local authority area.
• The May 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STABLE CLOSE has not materially changed since May 2018.

How Large is 7 STABLE CLOSE?

7 STABLE CLOSE is 42m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of flats in Colchester, based on EPC data. 17% of flats are smaller than 7 STABLE CLOSE, and 82% of flats are larger. Note that EPC data is not available for all properties in Colchester.

7 STABLE CLOSE: Plot

7 STABLE CLOSE sits on a plot of roughly 0.238 of an acre, or 965m².

Where is 7 STABLE CLOSE?

7 STABLE CLOSE is located in STANWAY, in the CO3 postcode district.