8, POWELL CLOSE, TIPTREE, COLCHESTER, CO5 0SH - £290,000

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.

8 POWELL CLOSE is a detached house, which could now be worth an estimated £623,033. It was last sold for £290,000 in June 2003, which was around 24% above the average June 2003 detached price in the Colchester local authority area.

8 POWELL CLOSE Sold Prices

Land registry data shows two sales for 8 POWELL 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 8 POWELL 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 19 JUN	£290,000	£234,053	24% above HPI
2001 26 OCT	£214,995	£174,846	23% above HPI

What might 8 POWELL CLOSE be worth now?

8 POWELL CLOSE might now be worth an estimated £623,033.

This is based on house price inflation of 114.8%, between June 2003 and May 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 114.8% inflationary increase is applied to the most recent sale price for 8 POWELL CLOSE of £290,000 on 19th June 2003. For the value to have increased from £290,000 to £623,033 over the 23 years and one month to May 2026, the following assumptions must hold true:

• The value of 8 POWELL CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2003 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 POWELL CLOSE has not materially changed since June 2003.

Where is 8 POWELL CLOSE?

8 POWELL CLOSE is located in TIPTREE, in the CO5 postcode district.