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

767

729

608

464

Average price achieved last 12 months

£466,882

£315,015

£268,569

£167,861

Average price change per square foot

1 year

5 years

10 years

-5.1%

19.4%

51%

-1.8%

17.8%

59.5%

-1%

15.9%

54.2%

-3.7%

3.7%

34.7%

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?

£1,327

per month

Rent price change

7.2%

35%

Price change calculated on a rent per square foot basis