3, GOLDCREST CLOSE, COLCHESTER, CO4 3FN - £138,000

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.

3 GOLDCREST CLOSE is a midsized extended detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £433,707. It was last sold for £138,000 in June 2001, which was around 14% below the average June 2001 detached price in the Colchester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

3 GOLDCREST CLOSE Sold Prices

Land registry data shows two sales for 3 GOLDCREST 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 3 GOLDCREST 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
2001 21 JUN	£138,000	£159,807	14% below HPI
1997 23 MAY	£89,000	£95,443	7% below HPI

3 GOLDCREST CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 3 GOLDCREST CLOSE sales from May 1997 and June 2001 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2001 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 GOLDCREST CLOSE be worth now?

3 GOLDCREST CLOSE might now be worth an estimated £433,707.

This is based on house price inflation of 214.3%, between June 2001 and February 2025, 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 214.3% inflationary increase is applied to the most recent sale price for 3 GOLDCREST CLOSE of £138,000 on 21st June 2001. For the value to have increased from £138,000 to £433,707 over the 24 years and four months to February 2025, the following assumptions must hold true:

• The value of 3 GOLDCREST CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2001 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GOLDCREST CLOSE has not materially changed since June 2001.

How Large is 3 GOLDCREST CLOSE?

3 GOLDCREST CLOSE is 109m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 3 GOLDCREST CLOSE lies on this distribution: 48% of detached houses houses are smaller than 3 GOLDCREST CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 GOLDCREST CLOSE: Plot and Title Map

3 GOLDCREST CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 3 GOLDCREST CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 GOLDCREST CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 GOLDCREST CLOSE?

3 GOLDCREST CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 3 on GOLDCREST CLOSE.