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

849

828

649

476

Average price achieved last 12 months

£470,702

£318,215

£271,380

£171,606

Average price change per square foot

1 year

5 years

10 years

-4%

18.6%

46.3%

0.3%

19%

56.3%

-0.5%

16.3%

51.3%

-2.9%

2.9%

35.4%

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?

£970

per month

How much do
houses rent for?

£1,311

per month

Rent price change

35.7%

Price change calculated on a rent per square foot basis