-
Census 2021 Data -
Homes & Property -
Law and Order -
Jobs & Economy -
Learning & Schools -
Essential Services -
Travel & Transport -
Local Amenities -
Leisure & Recreation -
Environment
Property Price Trends
Eaglegate, East Hill, Colchester, Essex
CO1 2PR Colchester District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the CO1 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
CO1
Most Expensive Property
£3,447,600
Man Diesel Ltd Hythe Hill, CO1 2HW
Sold: 07 March 2024
Cheapest Property
£52,000
107 High Street, CO1 1TH
Sold: 16 December 2022
£309,000
The average house price in Colchester was £309,000 in November 2024 (provisional), up 3.0% from November 2023. This was higher than the rise in the East of England (2.0%) over the same period.
£1,135
Private rents rose to an average of £1,135 in December 2024, an annual increase of 10.7% from £1,025 in December 2023. This was higher than the rise in the East of England (8.4%) over the year.
£264,000
The average price paid by first-time buyers was £264,000 in November 2024 (provisional). This was 3.9% higher than the average of £254,000 in November 2023 (revised).
£313,000
For homes bought with a mortgage, the average house price was £313,000 in November 2024 (provisional). This was 3.0% higher than the average of £303,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Colchester, E07000071). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in CO1 2PR?
The graph below shows the five-year capital growth figures for properties for the CO1 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in CO1 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Essex?
Homebuyers
For homebuyers in Essex, the property market has shown steady growth in recent years. The average house price in the county is currently around £365,000, with popular areas such as Chelmsford, Colchester, and Brentwood seeing even higher prices. In terms of availability, there is a good range of properties on the market, from modern flats to spacious family homes. However, competition can be fierce, especially in sought-after postcode regions like CM4 and CO3. Overall, Essex remains a desirable location for homebuyers looking to settle in a thriving community with good transport links to London.
Renters
Rent prices in Essex have been on the rise, reflecting the overall growth in the property market. The average rent for a two-bedroom flat is currently around £1,100 per month, with areas like Romford, Southend-on-Sea, and Basildon offering a variety of rental options. Availability can vary depending on the area, with popular towns like Billericay and Braintree having limited rental stock. Renters looking for affordability may find better options in postcode regions like SS17 and CM7. Overall, renters in Essex should be prepared for competitive rental markets, especially in desirable locations.
Investors
For investors, Essex presents a promising opportunity with its growing property market. House price trends show a consistent increase in value, making it an attractive option for buy-to-let investments. Rental yields in areas like Grays, Harlow, and Clacton-on-Sea are relatively high, offering good potential for rental income. Availability of properties for investment purposes is generally good, although investors may face competition in popular areas like SS14 and CO1. With its proximity to London and strong rental demand, Essex is a solid choice for investors seeking to capitalize on the property market's growth.
Homebuyers
For homebuyers in Essex, the property market has shown steady growth in recent years. The average house price in the county is currently around £365,000, with popular areas such as Chelmsford, Colchester, and Brentwood seeing even higher prices. In terms of availability, there is a good range of properties on the market, from modern flats to spacious family homes. However, competition can be fierce, especially in sought-after postcode regions like CM4 and CO3. Overall, Essex remains a desirable location for homebuyers looking to settle in a thriving community with good transport links to London.
Renters
Rent prices in Essex have been on the rise, reflecting the overall growth in the property market. The average rent for a two-bedroom flat is currently around £1,100 per month, with areas like Romford, Southend-on-Sea, and Basildon offering a variety of rental options. Availability can vary depending on the area, with popular towns like Billericay and Braintree having limited rental stock. Renters looking for affordability may find better options in postcode regions like SS17 and CM7. Overall, renters in Essex should be prepared for competitive rental markets, especially in desirable locations.
Investors
For investors, Essex presents a promising opportunity with its growing property market. House price trends show a consistent increase in value, making it an attractive option for buy-to-let investments. Rental yields in areas like Grays, Harlow, and Clacton-on-Sea are relatively high, offering good potential for rental income. Availability of properties for investment purposes is generally good, although investors may face competition in popular areas like SS14 and CO1. With its proximity to London and strong rental demand, Essex is a solid choice for investors seeking to capitalize on the property market's growth.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for CO1 2PR
Estimated yield for property investors
4.77%
Yield
The estimated yield for the CO1 2PR postcode area is 4.77%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in CO1 2PR?
The recently sold properties table lists homes around CO1 2PR that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 12 December 2023 | £145,000 | Tymperley Court Flat 8 Winnock Road, Colchester, CO1 2BG | Flat/Maisonette | Leasehold |
| 26 July 2023 | £185,000 | 19 Charles Street, Colchester, CO1 2BL | Terraced | Freehold |
| 30 January 2024 | £342,000 | 117 Winnock Road, Colchester, CO1 2DP | Semi-Detached | Freehold |
| 20 February 2024 | £228,000 | 4 Belmont Place, Colchester, CO1 2HU | Terraced | Freehold |
| 07 March 2024 | £3,447,600 | Man Diesel Ltd Hythe Hill, Colchester, CO1 2HW | Other | Freehold |
| 26 September 2023 | £249,400 | 118 Morant Road, Colchester, CO1 2JD | Semi-Detached | Freehold |
| 30 November 2023 | £160,000 | 67 George Williams Way, Colchester, CO1 2JP | Flat/Maisonette | Leasehold |
| 07 October 2022 | £602,250 | 127 George Williams Way, Colchester, CO1 2JR | Other | Freehold |
| 19 February 2024 | £285,000 | 22 Lincoln Way, Colchester, CO1 2RL | Semi-Detached | Freehold |
| 17 November 2023 | £154,000 | Bentleigh Court Flat 8 Greenstead Road, Colchester, CO1 2TL | Flat/Maisonette | Leasehold |
| 05 February 2024 | £120,000 | 42 Brook Street, Colchester, CO1 2UT | Terraced | Freehold |
| 06 November 2023 | £205,000 | 15 Tabor Road, Colchester, CO1 2XA | Terraced | Freehold |
| 01 February 2024 | £137,000 | 69 Hunting Gate, Colchester, CO1 2XE | Terraced | Leasehold |
| 21 November 2023 | £220,000 | 12 Hunting Gate, Colchester, CO1 2XF | Terraced | Freehold |
| 16 February 2024 | £80,000 | 61 The Dell, Colchester, CO1 2YH | Flat/Maisonette | Leasehold |
| 29 February 2024 | £477,500 | 11 Bury Close, Colchester, CO1 2YR | Detached | Freehold |
Nearby sold properties | ||||
| 23 June 2023 | £210,000 | 24 Clarendon Way, Colchester, CO1 1AG | Flat/Maisonette | Leasehold |
| 23 February 2024 | £170,000 | Bloyes Mews 5 Clarendon Way, Colchester, CO1 1AP | Flat/Maisonette | Leasehold |
| 07 July 2022 | £190,000 | Gilbert Court 53 Clarendon Way, Colchester, CO1 1DL | Flat/Maisonette | Leasehold |
| 08 September 2023 | £230,000 | 8 Barcro Square, Colchester, CO1 1FB | Flat/Maisonette | Leasehold |
| 17 November 2023 | £185,000 | Dutch Quarter Apartments Flat 38 West Stockwell Street, Colchester, CO1 1FQ | Flat/Maisonette | Leasehold |
| 15 December 2023 | £180,000 | Dutch Quarter Apartments Flat 43 West Stockwell Street, Colchester, CO1 1FQ | Other | Leasehold |
| 18 December 2023 | £370,000 | 25 Trinity Street, Colchester, CO1 1JN | Other | Freehold |
| 14 July 2023 | £325,000 | 12 Reed Walk, Colchester, CO1 1QE | Semi-Detached | Freehold |
| 03 November 2022 | £640,000 | Century House 4 North Station Road, Colchester, CO1 1RE | Other | Leasehold |
| 02 November 2022 | £264,000 | Century House 6 North Station Road, Colchester, CO1 1RE | Flat/Maisonette | Leasehold |
| 09 February 2024 | £126,250 | Angels Courtyard, 134 4 High Street, Colchester, CO1 1SP | Flat/Maisonette | Leasehold |
| 10 May 2022 | £365,000 | 93 94 High Street, Colchester, CO1 1TH | Other | Freehold |
| 16 December 2022 | £52,000 | 107 High Street, Colchester, CO1 1TH | Other | Leasehold |
| 18 December 2023 | £385,000 | 24 Roman Road, Colchester, CO1 1UP | Semi-Detached | Freehold |
| 26 July 2023 | £350,000 | 27 Castle Road, Colchester, CO1 1UW | Terraced | Freehold |
| 23 February 2024 | £282,000 | 10 Wycliffe Grove, Colchester, CO1 1ZR | Terraced | Freehold |
| 23 February 2024 | £136,000 | 149 Claremont Heights, Colchester, CO1 1ZY | Flat/Maisonette | Leasehold |
Please note that house prices for properties sold in and around CO1 2PR during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
