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

677

668

602

427

Average price achieved last 12 months

£460,656

£324,061

£263,649

£161,024

Average price change per square foot

1 year

5 years

10 years

-0.6%

12.6%

33.9%

0.6%

14.9%

41.7%

0.4%

12.5%

36.4%

-2.7%

18.9%

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?

£1,019

per month

How much do
houses rent for?

£1,342

per month

Rent price change

1.3%

31.6%

Price change calculated on a rent per square foot basis