Housing Market Analysis for GROVES CLOSE, CO4 5BP

Are you looking to understand CO4 5BP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Colchester postcode.

For the location information and nearby amenities in the CO4 5BP area, explore the CO4 5BP Area information page.
For comprehensive crime statistics in the CO4 5BP area, explore the CO4 5BP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO4 5BP postcode area, The average prices are as follows,

Terraced
- The average price is around £340,250 median price is £319,000 Standard Deviation is £73,553 with Total Sold: 22
- The Last 5 Year average price is £446,583 with Total Sold: 6
- The most recent sale happened at this postcode is 37 GROVES CLOSE: £465,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is 22 GROVES CLOSE: £470,000 (Sold on 18 Jul 2023)
Flat
- The average price is around £161,077 median price is £167,500 Standard Deviation is £19,144 with Total Sold: 37
- The Last 5 Year average price is £176,778 with Total Sold: 9
- The most recent sale happened at this postcode is 36 GROVES CLOSE: £165,000 (Sold on 07 Jun 2023)
- The first recorded sale happened at this postcode is 17 GROVES CLOSE: £145,000 (Sold on 04 May 2007)
Semi-Detached
- The average price is around £280,000 median price is £275,000 Standard Deviation is £10,801 with Total Sold: 3
- The most recent sale happened at this postcode is 37 GROVES CLOSE: £295,000 (Sold on 29 Feb 2008)
- The first recorded sale happened at this postcode is 14 GROVES CLOSE: £275,000 (Sold on 30 Mar 2007)
Other
- The average price is around £10,000 median price is £10,000 Standard Deviation is £0 with Total Sold: 2
- The Last 5 Year average price is £10,000 with Total Sold: 2
- The most recent sale happened at this postcode is GARAGE, 24 GROVES CLOSE: £10,000 (Sold on 18 Jul 2023)
- The first recorded sale happened at this postcode is GARAGE, 24 GROVES CLOSE: £10,000 (Sold on 18 Jul 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 5BP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£468,333	£2,944	3
2022	£457,000	£3,264	1
2021	£397,500	£4,145	1
2020	£420,000	£4,380	1
2019	£362,500	£2,675	2
2016	£345,000	£2,054	1
2015	£327,333	£2,399	3
2012	£290,000	£3,024	1
2010	£249,995	£1,678	1
2008	£276,333	£2,120	3
2007	£277,000	£1,694	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£172,500	£2,929	2
2022	£186,200	£3,114	5
2021	£165,000	£3,056	1
2020	£150,000	£2,830	1
2018	£165,000	£3,056	1
2017	£179,000	£4,102	1
2014	£120,500	£2,167	2
2010	£118,000	£2,185	1
2008	£168,405	£2,997	11
2007	£151,116	£2,646	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£295,000	£2,252	1
2007	£272,500	£2,299	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£10,000		2

All the Sales in the GROVES CLOSE, CO4 5BP

See the table below for more details on the sold house prices in the CO4 5BP, Colchester postcode.

Address	Sold Date	Price	% Change
37 GROVES CLOSETerraced, FreeholdArea: 131 Sq.mtrAge: 2003-2006	14 Jul 2023	£465,000	45.31%
	13 Mar 2015	£320,000	8.47%
	29 Feb 2008	£295,000	First Sale
36 GROVES CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2007 onwards	07 Jun 2023	£165,000	-2.94%
	05 Feb 2008	£169,995	First Sale
31 GROVES CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 2007 onwards	02 Jun 2023	£180,000	28.57%
	01 Oct 2007	£140,000	First Sale
23 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	23 Nov 2022	£179,000	5.30%
23 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	31 Aug 2007	£169,995	First Sale
29 GROVES CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards	18 Nov 2022	£185,000	32.14%
	24 Sep 2007	£140,000	First Sale
33 GROVES CLOSEFlat, LeaseholdArea: 64 Sq.mtrAge: 2007 onwards	18 Nov 2022	£192,000	37.14%
	02 Oct 2007	£140,000	First Sale
27 GROVES CLOSEFlat, LeaseholdArea: 65 Sq.mtrAge: 2007 onwards	14 Oct 2022	£195,000	39.29%
	21 Sep 2007	£140,000	First Sale
17 GROVES CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2007-2011	14 Oct 2022	£180,000	44.58%
	04 Jul 2014	£124,500	-14.14%
	04 May 2007	£145,000	First Sale
24 GROVES CLOSETerraced, FreeholdArea: 140 Sq.mtrAge: 2007 onwards	06 Oct 2022	£457,000	23.51%
	01 Feb 2019	£370,000	34.55%
	02 Nov 2007	£275,000	First Sale
25 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2007-2011	19 Aug 2021	£165,000	0.0
	19 Sep 2018	£165,000	39.83%
	02 Jul 2010	£118,000	-29.55%
	14 Jun 2007	£167,500	First Sale
14 GROVES CLOSETerraced, FreeholdArea: 95.9 Sq.mtrAge: 2007 onwards	26 Feb 2021	£397,500	-5.36%
	03 Dec 2020	£420,000	44.83%
	13 Apr 2012	£290,000	5.45%
	30 Mar 2007	£275,000	First Sale
38 GROVES CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 2007 onwards	16 Jul 2020	£150,000	-11.76%
	08 Feb 2008	£169,995	First Sale
39 GROVES CLOSETerraced, FreeholdArea: 131.13 Sq.mtrAge: 2007 onwards	17 Sep 2019	£355,000	30.04%
	29 Feb 2008	£273,000	First Sale
19 GROVES CLOSEFlat, LeaseholdArea: 43.64 Sq.mtrAge: 2003-2006	09 Aug 2017	£179,000	10.15%
	15 Jun 2007	£162,500	First Sale
26 GROVES CLOSETerraced, FreeholdArea: 168 Sq.mtrAge: 2007 onwards	01 Jul 2016	£345,000	38.00%
	14 Dec 2007	£249,999	First Sale
16 GROVES CLOSETerraced, FreeholdArea: 149 Sq.mtrAge: 2007 onwards	18 Dec 2015	£344,000	37.60%
	05 Oct 2010	£249,995	-15.26%
	27 Apr 2007	£295,000	First Sale
43 GROVES CLOSETerraced, FreeholdArea: 130 Sq.mtrAge: 2007 onwards	04 Sep 2015	£318,000	11.58%
	20 Mar 2008	£285,000	First Sale
21 GROVES CLOSEFlat, LeaseholdArea: 56.25 Sq.mtrAge: 2007 onwards	02 May 2014	£116,500	-28.31%
	14 Jun 2007	£162,500	First Sale
46 GROVES CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2007-2011	20 Mar 2008	£169,995	First Sale
41 GROVES CLOSETerraced, FreeholdArea: 130 Sq.mtrAge: 2007 onwards	14 Mar 2008	£271,000	First Sale
40 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	29 Feb 2008	£169,995	First Sale
42 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	29 Feb 2008	£169,995	First Sale
34 GROVES CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 2007 onwards	29 Feb 2008	£169,995	First Sale
44 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2007 onwards	15 Feb 2008	£169,995	First Sale
32 GROVES CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 2007 onwards	15 Feb 2008	£169,995	First Sale
30 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2007-2011	15 Feb 2008	£169,995	First Sale
28 GROVES CLOSEFlat, LeaseholdArea: 76 Sq.mtrAge: 2007 onwards	01 Feb 2008	£180,000	First Sale
35 GROVES CLOSEFlat, LeaseholdArea: 66.67 Sq.mtrAge: 2007 onwards	01 Feb 2008	£142,500	First Sale
22 GROVES CLOSETerraced, FreeholdArea: 201 Sq.mtrAge: 2003-2006	16 Nov 2007	£270,000	-42.55%
	18 Jul 2023	£470,000	0.0
	18 Jul 2023	£470,000	First Sale
20 GROVES CLOSESemi-Detached, FreeholdArea: 156 Sq.mtrAge: 2007 onwards	26 Oct 2007	£270,000	First Sale
13 GROVES CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	25 Sep 2007	£139,396	First Sale
11 GROVES CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	11 May 2007	£152,500	First Sale
15 GROVES CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	11 May 2007	£154,000	First Sale
18 GROVES CLOSETerraced, Freehold	04 May 2007	£295,000	First Sale
GARAGE, 24 GROVES CLOSEOther, Leasehold	18 Jul 2023	£10,000	0.0
GARAGE, 24 GROVES CLOSEOther, Leasehold	18 Jul 2023	£10,000	First Sale

Check out the sold house prices near the CO4 5BP postcode. Properties currently for saleProperties currently for rent

GROVES CLOSE, CO4 5BP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO4 5BP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CO4 5BP postcode.

Semi-Detached
- The average price is around £167,439 median price is £162,000 Standard Deviation is £84,140 with Total Sold: 934
- The Last 5 Year average price is £287,184 with Total Sold: 114
- The most recent sale happened at this postcode is , 19 BERGHOLT ROAD: £217,500 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 187 MILE END ROAD: £43,000 (Sold on 15 Mar 1995)
Detached
- The average price is around £197,920 median price is £179,000 Standard Deviation is £101,256 with Total Sold: 675
- The Last 5 Year average price is £401,273 with Total Sold: 44
- The most recent sale happened at this postcode is , 162 BERGHOLT ROAD: £360,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 8 LONGACRE: £46,000 (Sold on 03 Mar 1995)
Flat
- The average price is around £134,379 median price is £135,000 Standard Deviation is £57,950 with Total Sold: 1,452
- The Last 5 Year average price is £193,709 with Total Sold: 189
- The most recent sale happened at this postcode is , 59 BRADFORD DRIVE: £175,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 160 CLAREMONT HEIGHTS: £41,000 (Sold on 24 Mar 1995)
Terraced
- The average price is around £182,376 median price is £185,000 Standard Deviation is £80,538 with Total Sold: 1,036
- The Last 5 Year average price is £291,605 with Total Sold: 112
- The most recent sale happened at this postcode is , 3 JADE GARDENS: £350,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 98 BERGHOLT ROAD: £37,000 (Sold on 20 Jan 1995)
Other
- The average price is around £1,826,405 median price is £186,250 Standard Deviation is £6,728,808 with Total Sold: 18
- The Last 5 Year average price is £3,068,274 with Total Sold: 10
- The most recent sale happened at this postcode is , 149 CLAREMONT HEIGHTS: £136,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , CHILDSPLAY CLARENDON WAY: £15,000 (Sold on 02 Jul 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,636	£2,513	11
2023	£301,952	£3,801	21
2022	£306,132	£3,776	19
2021	£272,692	£3,493	44
2020	£275,950	£3,165	19
2019	£247,761	£3,021	23
2018	£284,423	£3,376	26
2017	£256,540	£3,233	20
2016	£245,364	£2,880	29
2015	£214,286	£2,833	26
2014	£197,104	£2,494	24
2013	£172,386	£2,301	22
2012	£167,188	£2,271	26
2011	£174,950	£2,194	14
2010	£182,500	£2,104	26
2009	£162,615	£2,229	23
2008	£173,545	£2,259	22
2007	£207,469	£2,374	33
2006	£178,459	£2,106	44
2005	£188,994	£2,072	53
2004	£156,352	£2,000	49
2003	£154,975	£1,856	62
2002	£128,627	£1,520	38
2001	£98,696	£1,370	34
2000	£87,484	£1,197	42
1999	£64,191	£894	48
1998	£65,461	£946	32
1997	£60,392	£883	59
1996	£55,030	£736	30
1995	£54,866	£705	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£452,500	£3,923	5
2023	£415,083	£4,132	6
2022	£409,333	£4,274	9
2021	£364,441	£3,583	17
2020	£431,929	£3,587	7
2019	£349,944	£3,541	9
2018	£349,577	£3,274	13
2017	£336,964	£3,458	14
2016	£314,100	£3,286	15
2015	£301,375	£3,150	16
2014	£271,708	£2,495	12
2013	£230,230	£2,445	15
2012	£234,142	£2,341	14
2011	£230,833	£2,367	9
2010	£223,885	£2,299	13
2009	£210,330	£2,193	15
2008	£240,077	£2,671	13
2007	£257,343	£2,075	25
2006	£239,787	£2,339	26
2005	£238,435	£2,097	34
2004	£209,690	£2,164	26
2003	£200,428	£1,948	36
2002	£179,078	£1,652	34
2001	£141,109	£1,442	49
2000	£124,049	£1,371	43
1999	£110,713	£1,110	44
1998	£112,854	£1,084	53
1997	£102,937	£960	69
1996	£96,220	£952	26
1995	£62,874	£629	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,430	£3,035	15
2023	£170,140	£3,066	25
2022	£201,430	£3,365	57
2021	£201,939	£3,116	57
2020	£187,686	£2,860	35
2019	£183,018	£3,089	55
2018	£207,647	£3,208	75
2017	£157,000	£2,889	53
2016	£151,272	£2,659	69
2015	£134,914	£2,587	61
2014	£134,164	£2,368	62
2013	£111,982	£2,148	30
2012	£114,500	£2,060	27
2011	£109,184	£1,998	19
2010	£116,348	£2,071	20
2009	£115,842	£1,959	44
2008	£137,825	£2,469	59
2007	£144,477	£2,560	95
2006	£135,921	£2,437	86
2005	£144,263	£2,572	29
2004	£142,358	£2,433	49
2003	£133,351	£2,233	120
2002	£110,884	£1,913	83
2001	£72,545	£1,443	41
2000	£63,355	£1,228	41
1999	£45,600	£968	27
1998	£43,170	£884	30
1997	£42,819	£899	57
1996	£36,984	£750	16
1995	£37,980	£788	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£301,833	£3,531	12
2023	£309,374	£3,522	19
2022	£315,875	£3,670	22
2021	£282,568	£3,197	37
2020	£261,611	£3,103	22
2019	£271,316	£3,065	19
2018	£250,926	£3,154	37
2017	£243,564	£2,918	39
2016	£236,066	£2,812	47
2015	£233,442	£2,553	66
2014	£222,864	£2,315	43
2013	£205,687	£2,252	80
2012	£181,776	£2,201	54
2011	£185,702	£2,107	51
2010	£176,444	£1,956	9
2009	£157,364	£2,199	22
2008	£168,262	£2,072	21
2007	£200,887	£2,245	31
2006	£178,617	£2,229	45
2005	£178,526	£2,098	48
2004	£154,563	£2,071	34
2003	£152,823	£1,937	43
2002	£109,940	£1,541	35
2001	£93,277	£1,302	25
2000	£75,283	£1,139	33
1999	£67,666	£962	35
1998	£64,923	£1,016	47
1997	£58,324	£849	31
1996	£50,341	£700	19
1995	£42,395	£546	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£75,500		2
2023	£9,865,746		3
2022	£346,250		2
2020	£80,667	£1,990	3
2019	£172,500	£2,782	1
2018	£385,533	£3,463	3
2017	£282,817	£5,906	3
2014	£15,000		1

House Type in CO4 5BP area

The most common house types in the CO4 5BP postcode area are Flat (95), Terraced (19), and Semi-detached (14).

Total	135
Flat	95
Terraced	19
Semi-detached	14
Detached	7
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns with a mortgage or loan (33).

Private rented: Private landlord or letting agency	53
Owned: Owns with a mortgage or loan	33
Social rented: Other social rented	22
Social rented: Rents from council or Local Authority	15
Owned: Owns outright	5
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the CO4 5BP have 1 person in household (51), and 2 people in household (47).

1 person in household	51
2 people in household	47
3 people in household	20
4 people in household	13
5 people in household	2
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0