Housing Market Analysis for GRESLEY CLOSE, CO4 5WF

Are you looking to understand CO4 5WF 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 5WF area, explore the CO4 5WF Area information page.
For comprehensive crime statistics in the CO4 5WF area, explore the CO4 5WF Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £218,065 median price is £176,000 Standard Deviation is £111,621 with Total Sold: 22
- The Last 5 Year average price is £462,500 with Total Sold: 2
- The most recent sale happened at this postcode is 3 GRESLEY CLOSE: £425,000 (Sold on 18 Feb 2021)
- The first recorded sale happened at this postcode is 3 GRESLEY CLOSE: £500,000 (Sold on 15 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 5WF 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£425,000	£3,864	1
2018	£415,000	£3,192	1
2013	£269,000	£2,773	1
2012	£260,000		1
2010	£339,995	£2,402	1
2009	£245,000		1
2004	£265,000		1
2003	£219,750		2
2002	£220,000		1
2000	£140,000		1
1998	£132,707	£1,080	7
1997	£116,665		3
2024	£500,000	£4,545	1

All the Sales in the GRESLEY CLOSE, CO4 5WF

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

Address	Sold Date	Price	% Change
3 GRESLEY CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1996-2002	18 Feb 2021	£425,000	-15.00%
	15 Mar 2024	£500,000	First Sale
10 GRESLEY CLOSEDetached, FreeholdArea: 130 Sq.mtrAge: 1996-2002	09 Mar 2018	£415,000	197.49%
	26 Jun 1998	£139,500	First Sale
5 GRESLEY CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1996-2002	16 Dec 2013	£269,000	First Sale
8 GRESLEY CLOSEDetached, Freehold	03 Aug 2012	£260,000	6.12%
	16 Jan 2009	£245,000	113.04%
	25 Sep 1998	£115,000	First Sale
12 GRESLEY CLOSEDetached, FreeholdArea: 141.56 Sq.mtrAge: 1996-2002	13 Aug 2010	£339,995	115.87%
	24 Jul 1998	£157,500	First Sale
7 GRESLEY CLOSEDetached, Freehold	15 Dec 2004	£265,000	108.66%
7 GRESLEY CLOSEDetached, Freehold	02 Oct 1998	£127,000	First Sale
11 GRESLEY CLOSEDetached, Freehold	07 Nov 2003	£245,000	85.61%
11 GRESLEY CLOSEDetached, Freehold	20 Aug 1998	£132,000	First Sale
1 GRESLEY CLOSEDetached, Freehold	25 Jul 2003	£194,500	38.93%
	31 Jul 2000	£140,000	12.00%
	19 Dec 1997	£124,995	First Sale
9 GRESLEY CLOSEDetached, Freehold	05 Dec 2002	£220,000	93.93%
9 GRESLEY CLOSEDetached, Freehold	18 Sep 1998	£113,445	First Sale
6 GRESLEY CLOSEDetached, FreeholdArea: 137 Sq.mtrAge: 1996-2002	09 Oct 1998	£144,505	First Sale
2 GRESLEY CLOSEDetached, Freehold	26 Sep 1997	£115,000	First Sale
4 GRESLEY CLOSEDetached, Freehold	22 Aug 1997	£110,000	First Sale

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

GRESLEY CLOSE, CO4 5WF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO4 5WF 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 5WF postcode.

Flat
- The average price is around £155,497 median price is £147,305 Standard Deviation is £46,269 with Total Sold: 442
- The Last 5 Year average price is £193,341 with Total Sold: 100
- 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 , 28 PETO AVENUE: £44,150 (Sold on 27 Mar 1998)
Terraced
- The average price is around £191,362 median price is £194,950 Standard Deviation is £76,601 with Total Sold: 559
- The Last 5 Year average price is £279,822 with Total Sold: 79
- 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 , 41 WRYNECK CLOSE: £43,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £149,910 median price is £140,000 Standard Deviation is £80,181 with Total Sold: 253
- The Last 5 Year average price is £281,204 with Total Sold: 27
- The most recent sale happened at this postcode is , 5 CRANBORNE CLOSE: £377,500 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is , 138 COWDRAY AVENUE: £59,000 (Sold on 14 Aug 1996)
Detached
- The average price is around £202,385 median price is £183,998 Standard Deviation is £100,336 with Total Sold: 564
- The Last 5 Year average price is £397,961 with Total Sold: 51
- The most recent sale happened at this postcode is , 50 THORNTON DRIVE: £475,000 (Sold on 04 Jun 2024)
- The first recorded sale happened at this postcode is , 3 WRYNECK CLOSE: £76,000 (Sold on 24 Feb 1995)
Other
- The average price is around £5,495,376 median price is £1,890,000 Standard Deviation is £8,064,015 with Total Sold: 12
- The Last 5 Year average price is £10,210,946 with Total Sold: 6
- The most recent sale happened at this postcode is , CHILDSPLAY CLARENDON WAY: £15,000 (Sold on 08 Feb 2024)
- The first recorded sale happened at this postcode is , 216 TURNER ROAD: £1,280,000 (Sold on 05 Feb 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£219,525	£3,180	6
2023	£194,997	£3,099	37
2022	£196,125	£3,254	16
2021	£197,250	£2,831	18
2020	£188,571	£2,561	7
2019	£174,594	£3,046	16
2018	£227,441	£3,389	17
2017	£156,125	£2,706	24
2016	£157,172	£2,694	36
2015	£140,469	£2,829	24
2014	£140,027	£2,447	37
2013	£137,556	£2,177	8
2012	£117,500	£2,174	8
2011	£115,000	£1,651	1
2010	£126,500	£1,899	2
2009	£123,000	£1,558	2
2008	£144,167	£1,927	3
2007	£147,735	£2,527	53
2006	£141,753	£2,496	41
2005	£128,850	£2,040	5
2004	£143,950	£2,105	15
2003	£140,393	£2,308	46
2002	£104,875	£2,037	4
2001	£73,000	£1,245	2
2000	£78,234	£1,175	11
1999	£55,472	£1,511	2
1998	£44,150	£761	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,812	£3,733	8
2023	£293,083	£3,830	12
2022	£305,250	£3,348	10
2021	£281,024	£3,178	21
2020	£243,341	£3,074	16
2019	£266,583	£2,924	12
2018	£263,920	£3,316	22
2017	£255,375	£2,835	16
2016	£244,038	£2,831	26
2015	£239,463	£2,558	47
2014	£230,939	£2,320	30
2013	£211,556	£2,243	62
2012	£182,048	£2,254	40
2011	£189,342	£2,214	39
2009	£154,000	£2,306	12
2008	£148,082	£2,504	6
2007	£174,062	£2,791	8
2006	£195,480	£2,665	14
2005	£181,777	£2,227	22
2004	£160,745	£2,406	9
2003	£132,317	£2,131	11
2002	£108,729	£1,693	13
2001	£102,747	£1,494	12
2000	£80,850	£1,450	10
1999	£77,095	£1,082	19
1998	£68,693	£1,126	33
1997	£63,332	£997	20
1996	£51,998	£919	5
1995	£45,500	£774	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£377,500		1
2023	£273,125	£3,765	4
2022	£360,000	£3,681	1
2021	£288,500	£3,755	9
2020	£247,100	£3,911	5
2019	£275,786	£3,086	7
2018	£269,500	£3,203	6
2017	£236,250	£3,332	4
2016	£249,786	£3,290	7
2015	£260,612	£2,636	4
2014	£260,333	£2,483	3
2013	£193,333	£2,377	3
2012	£179,490	£2,357	11
2011	£194,100	£2,191	5
2010	£169,666	£2,231	6
2009	£167,130	£2,503	5
2008	£163,500		1
2007	£194,277	£2,411	9
2006	£189,144	£2,336	7
2005	£186,492	£2,125	14
2004	£154,375	£2,484	12
2003	£138,750	£1,780	14
2002	£132,416	£1,477	6
2001	£109,507	£1,457	13
2000	£89,642	£1,283	27
1999	£76,456	£964	10
1998	£68,073	£947	13
1997	£61,692	£963	32
1996	£65,588	£833	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£480,000	£4,545	4
2023	£433,875	£4,483	4
2022	£450,000	£4,113	7
2021	£383,684	£3,310	19
2020	£390,833	£3,265	6
2019	£350,500	£3,738	11
2018	£372,150	£3,230	10
2017	£369,500	£3,506	10
2016	£331,750	£3,280	8
2015	£318,423	£3,144	13
2014	£269,937	£2,415	8
2013	£240,787	£2,496	12
2012	£234,766	£2,309	15
2011	£225,357	£2,236	7
2010	£245,681	£2,385	11
2009	£224,958	£2,310	12
2008	£264,667	£2,237	9
2007	£255,577	£2,188	13
2006	£256,398	£2,143	20
2005	£229,711	£2,195	21
2004	£220,108	£2,130	23
2003	£203,028	£1,882	32
2002	£187,293	£1,639	28
2001	£153,576	£1,454	37
2000	£133,670	£1,389	36
1999	£116,140	£1,114	31
1998	£119,658	£1,057	68
1997	£105,908	£979	69
1996	£106,014	£997	19
1995	£76,000	£835	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£15,000		1
2023	£29,563,239		1
2021	£9,486,000		1
2020	£7,357,765	£55,853	2
2019	£7,485,907	£74,859	1
2018	£235,380		1
2017	£1,049,483	£6,922	3
2014	£647,500		2

House Type in CO4 5WF area

The most common house types in the CO4 5WF postcode area are Detached (83), Terraced (44), and Semi-detached (23).

Total	151
Detached	83
Terraced	44
Semi-detached	23
Flat	1
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 Owned: Owns with a mortgage or loan (67), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan	67
Owned: Owns outright	50
Private rented: Private landlord or letting agency	32
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CO4 5WF have 2 people in household (52), and 1 person in household (33).

2 people in household	52
1 person in household	33
3 people in household	28
4 people in household	28
5 people in household	6
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0