What’s happening in the Colchester market?

Sales numbers and house prices in Colchester

By property type

Detached

Semi-detached

Terraced

Flat/Apartment

Number of sales last 12 months

690

674

577

436

Average price achieved last 12 months

£451,641

£324,270

£264,926

£158,953

Average price change per square foot

1 year

5 years

10 years

-1.3%

11.9%

30.9%

-0.3%

13.4%

38%

-1.1%

10.9%

32.2%

-3.6%

-1.4%

16.7%

Resident profile

Who lives here?

One person

29%

Couple

17%

Family

38%

Sharer

16%

Renting in Colchester

% of households
in the PRS*

23%

*Private rented sector

Average age
of renters

years

How much do
flats rent for?

£1,022

per month

How much do
houses rent for?

£1,360

per month

Rent price change

1.4%

30.2%

Price change calculated on a rent per square foot basis