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

863

819

663

459

Average price achieved last 12 months

£472,021

£318,393

£268,031

£171,157

Average price change per square foot

1 year

5 years

10 years

-0.2%

18.9%

45.9%

1.2%

20.1%

53%

1.3%

18.1%

49.8%

-2.2%

4.9%

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?

£992

per month

How much do
houses rent for?

£1,311

per month

Rent price change

4.6%

35.9%

Price change calculated on a rent per square foot basis