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

726

710

594

435

Average price achieved last 12 months

£459,063

£312,372

£268,607

£166,849

Average price change per square foot

1 year

5 years

10 years

-5.4%

20.4%

52.9%

-3.1%

17.5%

62%

-2.6%

14.9%

54.7%

-5.2%

2.7%

35.7%

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?

£952

per month

How much do
houses rent for?

£1,326

per month

Rent price change

6.4%

33.2%

Price change calculated on a rent per square foot basis