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

911

868

669

477

Average price achieved last 12 months

£469,550

£318,490

£267,251

£169,563

Average price change per square foot

1 year

5 years

10 years

-0.3%

14.8%

42%

2.1%

19.8%

51.6%

3.7%

18.8%

50%

-2.9%

3.6%

32.1%

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?

£990

per month

How much do
houses rent for?

£1,332

per month

Rent price change

3.9%

34.9%

Price change calculated on a rent per square foot basis