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

774

740

612

471

Average price achieved last 12 months

£471,344

£314,402

£269,518

£170,333

Average price change per square foot

1 year

5 years

10 years

-5.7%

18.2%

48.9%

-0.9%

17.8%

58.9%

-0.4%

16.2%

53.4%

-1.2%

5.2%

35%

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?

£958

per month

How much do
houses rent for?

£1,324

per month

Rent price change

6.6%

35.2%

Price change calculated on a rent per square foot basis