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

633

639

559

407

Average price achieved last 12 months

£468,417

£324,702

£266,006

£166,682

Average price change per square foot

1 year

5 years

10 years

2.4%

16.5%

40.9%

0.5%

18.2%

47.5%

2.1%

16.4%

44.9%

-2.1%

3.8%

29.7%

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?

£994

per month

How much do
houses rent for?

£1,318

per month

Rent price change

34.3%

Price change calculated on a rent per square foot basis