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

684

656

505

391

Average price achieved last 12 months

£466,707

£316,621

£266,640

£166,034

Average price change per square foot

1 year

5 years

10 years

-3.4%

21.9%

60%

-5%

17.4%

66.7%

-3.7%

15.6%

57.8%

-2.9%

4.1%

39.9%

Resident profile

Who lives here?

One person

29%

Couple

18%

Family

37%

Sharer

16%

Renting in Colchester

% of households
in the PRS*

21%

*Private rented sector

Average age
of renters

years

How much do
flats rent for?

£946

per month

How much do
houses rent for?

£1,320

per month

Rent price change

6.5%

30.3%

Price change calculated on a rent per square foot basis