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Property Price Trends
Nightingale Hill, Colchester, Essex
CO4 5PW Colchester District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the CO4 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
CO4
Most Expensive Property
£640,000
Floral Dene Park Lane, CO4 5NN
Sold: 23 February 2024
Cheapest Property
£12,000
1 Crown Gate, CO4 9HZ
Sold: 05 December 2023
£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 CO4 5PW?
The graph below shows the five-year capital growth figures for properties for the CO4 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 CO4 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Essex?
For Homebuyers:
Essex, known for its beautiful countryside and close proximity to London, has seen a steady increase in house prices in recent years. According to the latest data, the average house price in Essex is around £375,000, with popular areas such as Chelmsford (CM1) and Colchester (CO1) commanding higher prices due to their excellent transport links and amenities. The housing stock in Essex is diverse, ranging from period properties to new developments, providing plenty of options for homebuyers.
For Renters:
Rent prices in Essex have been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Areas like Brentwood (CM14) and Southend-on-Sea (SS1) are popular among renters for their vibrant communities and access to amenities. Availability of rental properties in Essex can vary, with demand often outstripping supply in popular areas. It is advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Essex have plenty of opportunities to explore. With average rental yields of around 4-5%, Essex offers a competitive return on investment. Areas like Basildon (SS14) and Harlow (CM20) are worth considering for investors, as they have shown strong rental demand and capital growth potential. The popularity of Essex as a commuter belt for London is also a factor that attracts investors looking for long-term returns.
For Homebuyers:
Essex, known for its beautiful countryside and close proximity to London, has seen a steady increase in house prices in recent years. According to the latest data, the average house price in Essex is around £375,000, with popular areas such as Chelmsford (CM1) and Colchester (CO1) commanding higher prices due to their excellent transport links and amenities. The housing stock in Essex is diverse, ranging from period properties to new developments, providing plenty of options for homebuyers.
For Renters:
Rent prices in Essex have been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Areas like Brentwood (CM14) and Southend-on-Sea (SS1) are popular among renters for their vibrant communities and access to amenities. Availability of rental properties in Essex can vary, with demand often outstripping supply in popular areas. It is advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Essex have plenty of opportunities to explore. With average rental yields of around 4-5%, Essex offers a competitive return on investment. Areas like Basildon (SS14) and Harlow (CM20) are worth considering for investors, as they have shown strong rental demand and capital growth potential. The popularity of Essex as a commuter belt for London is also a factor that attracts investors looking for long-term returns.
Last updated on 30 Apr 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 CO4 5PW
Estimated yield for property investors
1.62%
Yield
The estimated yield for the CO4 5PW postcode area is 1.62%, 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 CO4 5PW?
The recently sold properties table lists homes around CO4 5PW 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 |
|---|---|---|---|---|
| 15 December 2023 | £225,000 | 83 Braiswick, Colchester, CO4 5BQ | Flat/Maisonette | Leasehold |
| 15 December 2023 | £300,000 | 3 Hugh Dickson Road, Colchester, CO4 5DD | Semi-Detached | Freehold |
| 23 February 2024 | £305,000 | 44 Hugh Dickson Road, Colchester, CO4 5DE | Semi-Detached | Freehold |
| 08 December 2023 | £635,000 | 2 Borges Gardens, Mile End, Colchester, CO4 5EF | Detached | Freehold |
| 15 December 2023 | £292,500 | 5 Orrin Walk, Colchester, CO4 5FW | Terraced | Freehold |
| 02 March 2023 | £265,000 | 11 Potter Mews, Colchester, CO4 5JG | Terraced | Freehold |
| 08 December 2022 | £475,000 | 172 Mill Road, Mile End, Colchester, CO4 5LP | Detached | Freehold |
| 21 April 2023 | £455,000 | 172a Mill Road, Mile End, Colchester, CO4 5LP | Detached | Freehold |
| 23 February 2024 | £640,000 | Floral Dene Park Lane, Langham, Colchester, CO4 5NN | Detached | Freehold |
| 30 September 2022 | £315,000 | 283 Mill Road, Mile End, Colchester, CO4 5QH | Terraced | Freehold |
| 16 February 2022 | £312,500 | 4 Mccluskeys Street, Colchester, CO4 5SW | Terraced | Freehold |
| 15 March 2024 | £500,000 | 3 Gresley Close, Colchester, CO4 5WF | Detached | Freehold |
| 09 August 2023 | £470,000 | 48 Endeavour Way, Colchester, CO4 5XN | Other | Freehold |
| 22 November 2023 | £220,000 | 19 De Grey Road, Colchester, CO4 5YE | Flat/Maisonette | Leasehold |
| 20 October 2023 | £191,500 | Woods Court 39 Propelair Way, Colchester, CO4 5YR | Flat/Maisonette | Leasehold |
| 15 February 2024 | £247,000 | 50 Kirk Way, Colchester, CO4 5ZN | Terraced | Freehold |
Nearby sold properties | ||||
| 15 December 2023 | £271,000 | 90 Ipswich Road, Colchester, CO4 0AA | Semi-Detached | Freehold |
| 27 February 2024 | £266,000 | 47 Valentines Drive, Colchester, CO4 0AH | Semi-Detached | Freehold |
| 21 February 2024 | £265,000 | 8 Edison Gardens, Colchester, CO4 0AJ | Semi-Detached | Freehold |
| 22 July 2022 | £217,000 | 17 Gascoigne Road, Colchester, CO4 0BP | Semi-Detached | Freehold |
| 08 December 2023 | £390,000 | 446 Ipswich Road, Colchester, CO4 0EY | Semi-Detached | Freehold |
| 21 March 2024 | £130,000 | 18 Orchard Gardens, Colchester, CO4 0XB | Flat/Maisonette | Leasehold |
| 28 September 2022 | £330,000 | 200 St Andrews Avenue, Colchester, CO4 3AG | Semi-Detached | Freehold |
| 16 February 2024 | £307,600 | 44 Booth Avenue, Colchester, CO4 3AZ | Semi-Detached | Freehold |
| 09 November 2023 | £285,000 | 11 Bridgefield Close, Colchester, CO4 3BH | Semi-Detached | Freehold |
| 07 July 2023 | £350,000 | 291 Harwich Road, Colchester, CO4 3DN | Other | Freehold |
| 03 August 2023 | £340,000 | 2 Grayling Drive, Colchester, CO4 3EN | Detached | Freehold |
| 29 November 2023 | £465,000 | 18 Bullfinch Close, Colchester, CO4 3FQ | Detached | Freehold |
| 22 November 2023 | £280,000 | 19 Churnwood Road, Colchester, CO4 3HG | Semi-Detached | Freehold |
| 13 March 2024 | £270,000 | 114 Magnolia Drive, Colchester, CO4 3LS | Terraced | Freehold |
| 15 March 2024 | £175,000 | 26 Lime Avenue, Colchester, CO4 3NN | Flat/Maisonette | Leasehold |
| 21 November 2023 | £240,000 | 8 Veronica Walk, Colchester, CO4 3PS | Terraced | Freehold |
| 16 November 2022 | £410,000 | Colliers Farm Barn Elmstead Road, Colchester, CO4 3SE | Other | Freehold |
| 21 April 2023 | £314,000 | 1 Oberon Close, Colchester, CO4 3TD | Detached | Freehold |
| 14 September 2023 | £590,000 | 32 Deben Road, Colchester, CO4 3UZ | Detached | Freehold |
| 11 December 2023 | £295,000 | 28 Cordelia Drive, Colchester, CO4 6AE | Terraced | Freehold |
| 06 March 2024 | £380,000 | 1 Sophy Way, Colchester, CO4 6AH | Terraced | Freehold |
| 21 March 2024 | £500,000 | 126 Nayland Road, Colchester, CO4 6AN | Detached | Freehold |
| 12 February 2024 | £245,000 | 12 Fox Way, Colchester, CO4 6AX | Flat/Maisonette | Freehold |
| 18 March 2022 | £354,995 | 14 Larch Way, Colchester, CO4 6BH | Semi-Detached | Freehold |
| 15 March 2024 | £240,000 | 92 Whitmore Drive, Colchester, CO4 6BR | Flat/Maisonette | Freehold |
| 31 January 2022 | £244,995 | 81 Whitmore Drive, Colchester, CO4 6BT | Detached | Freehold |
| 31 January 2022 | £209,995 | 87 Whitmore Drive, Colchester, CO4 6BT | Flat/Maisonette | Leasehold |
| 11 March 2022 | £315,000 | 47 Avondene Drive, Colchester, CO4 6DB | Semi-Detached | Freehold |
| 05 December 2023 | £497,500 | 10 Redora Lane, Colchester, CO4 6DP | Detached | Freehold |
| 30 November 2023 | £330,000 | 10 Panache Road, Colchester, CO4 6DR | Semi-Detached | Freehold |
| 26 August 2021 | £479,950 | 25 Maigold Avenue, Colchester, CO4 6EG | Detached | Freehold |
| 29 March 2023 | £514,950 | 43 Maigold Avenue, Colchester, CO4 6EG | Detached | Freehold |
| 16 March 2023 | £484,950 | 28 Sapphire Crescent, Colchester, CO4 6EH | Detached | Freehold |
| 21 February 2023 | £499,950 | 26 Sapphire Crescent, Colchester, CO4 6EH | Detached | Freehold |
| 08 December 2023 | £370,000 | 6 Mandarin Way, Colchester, CO4 6EP | Semi-Detached | Freehold |
| 31 March 2022 | £325,000 | 2 Sunfire Way, Colchester, CO4 6EQ | Semi-Detached | Freehold |
| 23 November 2023 | £518,000 | 29 Murray Mcpherson Parade, Colchester, CO4 9AH | Detached | Freehold |
| 28 February 2024 | £370,000 | 10 John Shell Drive, Colchester, CO4 9AP | Detached | Freehold |
| 22 February 2024 | £150,000 | 66 Weetmans Drive, Colchester, CO4 9EA | Flat/Maisonette | Leasehold |
| 15 March 2024 | £387,000 | 53 Gavin Way, Highwoods, Colchester, CO4 9FF | Detached | Freehold |
| 15 March 2024 | £350,000 | 38 Asquith Drive, Highwoods, Colchester, CO4 9FS | Detached | Freehold |
| 05 December 2023 | £12,000 | 1 Crown Gate, Severalls Industrial Park, Colchester, CO4 9HZ | Other | Freehold |
| 26 January 2024 | £130,000 | 71 Albrighton Croft, Highwoods, Colchester, CO4 9RH | Flat/Maisonette | Leasehold |
| 01 December 2023 | £147,500 | 7 Sioux Close, Highwoods, Colchester, CO4 9RP | Flat/Maisonette | Leasehold |
| 29 February 2024 | £169,676 | 25 Harvard Court, Colchester, CO4 9SQ | Flat/Maisonette | Leasehold |
| 15 December 2023 | £288,000 | 17 Hanbury Gardens, Highwoods, Colchester, CO4 9TR | Terraced | Freehold |
| 25 August 2023 | £305,000 | 16 Jovian Way, Colchester, CO4 9WT | Semi-Detached | Freehold |
Please note that house prices for properties sold in and around CO4 5PW 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
