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

844

812

638

470

Average price achieved last 12 months

£470,216

£318,816

£271,042

£170,746

Average price change per square foot

1 year

5 years

10 years

-1.2%

18.9%

46.2%

1.3%

20%

55%

1.6%

18.1%

51.5%

-3.6%

3.6%

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?

£978

per month

How much do
houses rent for?

£1,305

per month

Rent price change

4.8%

35.4%

Price change calculated on a rent per square foot basis