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

664

669

581

399

Average price achieved last 12 months

£466,488

£324,362

£268,932

£166,860

Average price change per square foot

1 year

5 years

10 years

2.6%

16.2%

39.3%

0.5%

17.9%

46.6%

4.4%

17.7%

45.4%

-2.1%

3.7%

29%

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?

£995

per month

How much do
houses rent for?

£1,313

per month

Rent price change

1.4%

33.3%

Price change calculated on a rent per square foot basis