House Prices in CO7 House Prices in CO7 (Colchester)

The average house price in CO7 (Colchester) is £353,080 using HM Land Registry data.

The average property price increased by £71,280 (17.74%) over the last 5 years and increased by £14,282 (2.83%) over the last 12 months.

Over the last year, there were 376 residential property sales – a decrease of 177 transactions (-47.07%) relative to the previous year. The majority of house sales (107) were in the £264,000 - £348,000 range. Then came properties in the £348,000 - £432,000 range, where 85 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 231 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,740 (-3%).

In February 2025, there were 131 new estate agency instructions, 64 agreed home sales and 73 property price reductions.

5-Year Average Property Prices in CO7 (Colchester)

17.74%

Property prices in CO7 (Colchester) increased by 17.74% 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 CO7 (Colchester) Over the Last Year

2.83%

Property prices in CO7 (Colchester) increased by 2.83% 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.

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).

Property Market Heat Gauge for CO7 (Colchester) - February 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 CO7 (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 CO7 (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 CO7 (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 CO7 (Colchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO7 postcode area since 1995.

Recent Sales in CO7 (Colchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Britannia Crescent, Wivenhoe, Colchester, Essex, CO7 9PF£265,000£248,000-£17,00003 Jul 202416 Jan 2025197 Days
7 Barr Close, Wivenhoe, Colchester, Essex, CO7 9RG£390,000£350,000-£40,00020 May 202410 Jan 2025235 Days
Mayfield, Long Road East, Dedham, Colchester, Essex, CO7 6BW£895,000£870,000-£25,00021 Jun 202409 Jan 2025202 Days
9 Regent Close, Brightlingsea, Colchester, Essex, CO7 0NY£255,000£245,000-£10,00016 Apr 202406 Jan 2025265 Days
12 Campernell Close, Brightlingsea, Colchester, Essex, CO7 0TA£270,000£268,000-£2,00022 Aug 202419 Dec 2024119 Days
1 Mulberry Harbour Way, Wivenhoe, Colchester, Essex, CO7 9TB£285,000£282,500-£2,50001 Jul 202418 Dec 2024170 Days
41 Marennes Crescent, Brightlingsea, Colchester, Essex, CO7 0RU£395,000£380,000-£15,00005 Aug 202416 Dec 2024133 Days
6 Broom Knoll, East Bergholt, Colchester, Suffolk, CO7 6XL£285,000£272,000-£13,00025 Sep 202416 Dec 202482 Days
20 Worcester Crescent, Alresford, Colchester, Essex, CO7 8EH£325,000£295,000-£30,00002 May 202413 Dec 2024225 Days
9 Plough Road, Great Bentley, Colchester, Essex, CO7 8LG£350,000£347,000-£3,00012 Jul 202412 Dec 2024153 Days
9 Hereward Close, Wivenhoe, Colchester, Essex, CO7 9SB£250,000£250,000£008 May 202406 Dec 2024212 Days
21 Claremont Road, Wivenhoe, Colchester, Essex, CO7 9NN£340,000£300,000-£40,00021 Aug 202406 Dec 2024107 Days
56 Chaplin Road, East Bergholt, Colchester, Suffolk, CO7 6RN£375,000£368,000-£7,00005 Jul 202429 Nov 2024147 Days
Southview, Ardleigh Road, Great Bromley, Colchester, Essex, CO7 7TL£675,000£665,000-£10,00024 Jul 202425 Nov 2024124 Days
1 Hereward Close, Wivenhoe, Colchester, Essex, CO7 9SB£280,000£280,000£025 Sep 202315 Nov 2024417 Days
1 Admirals Walk, Wivenhoe, Colchester, Essex, CO7 9SZ£420,000£410,000-£10,00022 Jun 202408 Nov 2024139 Days
Appletrees, Plough Road, Great Bentley, Colchester, Essex, CO7 8LD£550,000£510,000-£40,00031 May 202408 Nov 2024161 Days
Debeauvoir, Mary Lane South, Great Bromley, Colchester, Essex, CO7 7UD£425,000£400,000-£25,00009 May 202431 Oct 2024175 Days
30 Broom Knoll, East Bergholt, Colchester, Suffolk, CO7 6XL£299,995£295,000-£4,99518 Apr 202431 Oct 2024196 Days
South Lodge, Church Road, Thorrington, Colchester, Essex, CO7 8HS£450,000£431,000-£19,00003 Apr 202428 Oct 2024208 Days

Most Expensive Streets in CO7 (Colchester)

PostcodeStreetAreaAverageNo. of Sales
CO7 6THRectory Hill, East BergholtColchester£1,563,7504
CO7 6SDGaston Street, East BergholtColchester£1,106,8333
CO7 6HAHigh Street, DedhamColchester£1,106,6663
CO7 9FLPalmer Gardens, WivenhoeColchester£988,3333
CO7 6DXGrove Hill, DedhamColchester£983,3333
CO7 6ADBrook Street, DedhamColchester£951,2506
CO7 7QBDedham Road, ArdleighColchester£930,0003
CO7 7GNLittle Paddocks, Great BromleyColchester£911,5238
CO7 6TPGandish Road, East BergholtColchester£844,0003
CO7 6BXAnchor Lane, DedhamColchester£843,1254

Least Expensive Streets in CO7 (Colchester)

PostcodeStreetAreaAverageNo. of Sales
CO7 0TBCampernell Close, BrightlingseaColchester£117,2229
CO7 0HNDoves Court, Sydney Street, BrightlingseaColchester£126,1663
CO7 0DFSt. James Court, Station RoadColchester£129,5004
CO7 0HXTrafalgar Court, Red Barn RoadColchester£131,5559
CO7 0LUSpringfields, BrightlingseaColchester£141,53315
CO7 9EYJames Close, WivenhoeColchester£158,0003
CO7 0DJNew Street, BrightlingseaColchester£173,7506
CO7 0DGFrancis Street, BrightlingseaColchester£176,4005
CO7 0BPThe Old Fire House, Victoria PlaceColchester£186,3333
CO7 0BZNew Street, BrightlingseaColchester£188,0717

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