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

681

680

535

404

Average price achieved last 12 months

£463,536

£311,521

£264,984

£164,469

Average price change per square foot

1 year

5 years

10 years

-5.9%

19.5%

55%

-4.9%

16.5%

63.9%

-4.1%

15.4%

56.2%

-4.9%

3.1%

38.8%

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?

£947

per month

How much do
houses rent for?

£1,318

per month

Rent price change

6.6%

31.3%

Price change calculated on a rent per square foot basis