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

672

678

588

432

Average price achieved last 12 months

£455,672

£323,279

£264,977

£158,571

Average price change per square foot

1 year

5 years

10 years

-0.8%

11.2%

30.6%

12.7%

37.6%

-0.2%

11%

32.3%

-3%

-2.3%

15%

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?

£1,063

per month

How much do
houses rent for?

£1,436

per month

Rent price change

0.6%

27.7%

Price change calculated on a rent per square foot basis