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House Prices in CO1

The average house price in CO1 (Colchester) is £254,840 using HM Land Registry data.

The average property price increased by £41,869 (12.1%) over the last 5 years and increased by £8,389 (2.01%) over the last 12 months.

Over the last year, there were 232 residential property sales – a decrease of 76 transactions (-32.76%) relative to the previous year. The majority of house sales (56) were in the £218,000 - £262,000 range. Then came properties in the £174,000 - £218,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 196 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,052 (-2%).

In March 2025, there were 58 new estate agency instructions, 41 agreed home sales and 65 property price reductions.

5-Year Average Property Prices in CO1 (Colchester)

12.1%

Property prices in CO1 (Colchester) increased by 12.1% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CO1 (Colchester) Over the Last Year

2.01%

Property prices in CO1 (Colchester) increased by 2.01% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for CO1 (Colchester) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CO1 (Colchester)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CO1 (Colchester)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CO1 (Colchester)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CO1 (Colchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO1 postcode area since 1995.

Recent Sales in CO1 (Colchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
14 East Street, Colchester, Essex, CO1 2TR	£160,000	£152,500	-£7,500	19 Nov 2024	10 Feb 2025	83 Days
41 Kendall Road, Colchester, Essex, CO1 2BU	£195,000	£195,000	£0	20 Sep 2024	17 Jan 2025	119 Days
6 Recreation Road, Colchester, Essex, CO1 2HE	£320,000	£315,000	-£5,000	04 Jul 2024	06 Jan 2025	186 Days
41 Spurgeon Street, Colchester, Essex, CO1 2NS	£230,000	£230,000	£0	20 Apr 2024	05 Dec 2024	229 Days
89 Morant Road, Colchester, Essex, CO1 2JB	£230,000	£210,000	-£20,000	20 Sep 2024	29 Nov 2024	70 Days
28 Wakefield Close, Colchester, Essex, CO1 2SD	£335,000	£330,000	-£5,000	04 Jul 2024	25 Nov 2024	144 Days
9 Connaught Close, Colchester, Essex, CO1 2GJ	£130,000	£130,000	£0	18 Sep 2024	20 Nov 2024	63 Days
Flat 7, Parkland Court, Recreation Road, Colchester, Essex, CO1 2LB	£170,000	£138,000	-£32,000	19 Dec 2022	18 Nov 2024	700 Days
46 Morant Road, Colchester, Essex, CO1 2JA	£250,000	£235,000	-£15,000	07 Mar 2024	12 Nov 2024	250 Days
26 Rouse Way, Colchester, Essex, CO1 2TT	£200,000	£190,000	-£10,000	09 Jul 2024	31 Oct 2024	114 Days
Flat 106, Cranmere Court, Exeter Drive, Colchester, Essex, CO1 2RX	£95,000	£94,000	-£1,000	20 Apr 2024	29 Oct 2024	192 Days
79 Old Heath Road, Colchester, Essex, CO1 2EX	£275,000	£270,000	-£5,000	24 Jul 2024	22 Oct 2024	90 Days
28 Maidenburgh Street, Colchester, Essex, CO1 1UB	£270,000	£270,000	£0	25 Aug 2024	21 Oct 2024	57 Days
Flat 13, The Mill Apartments, East Street, Colchester, Essex, CO1 2QT	£200,000	£190,000	-£10,000	14 Feb 2024	18 Oct 2024	247 Days
5 Serpentine Walk, Colchester, Essex, CO1 1XP	£280,000	£268,000	-£12,000	03 Jun 2024	18 Oct 2024	137 Days
16 Port Lane, Colchester, Essex, CO1 2JF	£230,000	£220,000	-£10,000	05 Apr 2024	11 Oct 2024	189 Days
49 Margaret Road, Colchester, Essex, CO1 1SA	£325,000	£305,000	-£20,000	12 Jun 2024	11 Oct 2024	121 Days
93 Old Heath Road, Colchester, Essex, CO1 2EX	£260,000	£257,000	-£3,000	23 Nov 2023	16 Aug 2024	267 Days
67 Rosebery Avenue, Colchester, Essex, CO1 2UJ	£360,000	£340,000	-£20,000	22 May 2024	09 Aug 2024	79 Days
133 Magdalen Street, Colchester, Essex, CO1 2LF	£230,000	£225,000	-£5,000	12 Apr 2024	07 Aug 2024	117 Days

Most Expensive Streets in CO1 (Colchester)

Postcode	Street	Area	Average	No. of Sales
CO1 1XL	Middle Mill Road	Colchester	£520,000	3
CO1 2ZG	Riverside Place	Colchester	£444,250	4
CO1 1GD	Pavilion View	Colchester	£431,500	3
CO1 2TN	Fenwick Drive	Colchester	£423,333	3
CO1 2EB	Gladstone Road	Colchester	£411,666	3
CO1 1UR	Roman Road	Colchester	£411,500	9
CO1 1HU	Arclight Way	Colchester	£397,399	17
CO1 1SS	East Stockwell Street	Colchester	£387,000	3
CO1 1XS	Kings Meadow Road	Colchester	£374,642	7
CO1 1UZ	North Station Road	Colchester	£358,000	3

Least Expensive Streets in CO1 (Colchester)

Postcode	Street	Area	Average	No. of Sales
CO1 2YH	The Dell	Colchester	£85,437	16
CO1 2RX	Cranmere Court, Exeter Drive	Colchester	£103,575	20
CO1 1NS	Church Walk	Colchester	£119,000	5
CO1 2UY	Meadowbrook Court, Brook Street, Colchester	Colchester	£127,500	3
CO1 2XT	Nicholsons Grove	Colchester	£129,142	7
CO1 1ZX	Claremont Heights	Colchester	£136,222	9
CO1 1PE	Victoria House, Eld Lane	Colchester	£136,961	13
CO1 1QW	High Street	Colchester	£138,827	9
CO1 1ZY	Claremont Heights	Colchester	£145,000	7
CO1 2LB	Parkland Court, Recreation Road	Colchester	£149,666	6