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

611

618

571

383

Average price achieved last 12 months

£458,910

£319,838

£263,584

£164,311

Average price change per square foot

1 year

5 years

10 years

1.9%

15.2%

37.6%

0.1%

15.4%

43.8%

1.8%

15.3%

39.7%

-3.2%

3.5%

22.5%

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?

£1,010

per month

How much do
houses rent for?

£1,324

per month

Rent price change

0.7%

32.1%

Price change calculated on a rent per square foot basis