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

729

713

570

434

Average price achieved last 12 months

£473,991

£314,676

£270,844

£169,926

Average price change per square foot

1 year

5 years

10 years

-5.7%

17.9%

48%

-0.4%

18.1%

57.6%

0.1%

16.4%

52.7%

-1.6%

4.4%

33.7%

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?

£964

per month

How much do
houses rent for?

£1,325

per month

Rent price change

6.5%

35.6%

Price change calculated on a rent per square foot basis