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

891

822

645

465

Average price achieved last 12 months

£471,613

£317,804

£268,169

£168,533

Average price change per square foot

1 year

5 years

10 years

0.3%

17.3%

44.4%

2.2%

20.5%

52.7%

2.9%

19.1%

50.5%

-4.1%

3.3%

31.4%

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?

£986

per month

How much do
houses rent for?

£1,327

per month

Rent price change

4.7%

35.9%

Price change calculated on a rent per square foot basis