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

911

876

682

460

Average price achieved last 12 months

£476,995

£319,714

£266,854

£170,107

Average price change per square foot

1 year

5 years

10 years

0.8%

14.8%

41.8%

1.3%

18.8%

50.3%

3.3%

17.7%

47.6%

-2.1%

4.2%

32.3%

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?

£993

per month

How much do
houses rent for?

£1,335

per month

Rent price change

3.6%

34.8%

Price change calculated on a rent per square foot basis