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

678

683

626

428

Average price achieved last 12 months

£460,957

£320,238

£265,501

£164,660

Average price change per square foot

1 year

5 years

10 years

1.7%

15%

37.6%

0.7%

17.3%

45.4%

2.7%

15.9%

42%

-2.9%

2.9%

23.7%

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?

£1,003

per month

How much do
houses rent for?

£1,322

per month

Rent price change

1.6%

32.7%

Price change calculated on a rent per square foot basis