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

676

682

606

409

Average price achieved last 12 months

£468,028

£324,557

£267,995

£167,373

Average price change per square foot

1 year

5 years

10 years

2.4%

15.9%

38.3%

1.1%

17.7%

47%

4.1%

17.4%

44.1%

-1.8%

4.5%

28.8%

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?

£997

per month

How much do
houses rent for?

£1,318

per month

Rent price change

1.4%

32.8%

Price change calculated on a rent per square foot basis