House Prices in CO5 House Prices in CO5 (Colchester)

The average house price in CO5 (Colchester) is £450,960 using HM Land Registry data.

The average property price increased by £59,053 (20.43%) over the last 5 years and increased by £11,829 (3.2%) over the last 12 months.

Over the last year, there were 338 residential property sales – a decrease of 10 transactions (-2.96%) relative to the previous year. The majority of house sales (95) were in the £322,000 - £404,000 range. Then came properties in the £240,000 - £322,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 200 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,490 (-4%).

In January 2025, there were 106 new estate agency instructions, 61 agreed home sales and 62 property price reductions.

5-Year Average Property Prices in CO5 (Colchester)

20.43%

Property prices in CO5 (Colchester) increased by 20.43% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CO5 (Colchester) Over the Last Year

3.2%

Property prices in CO5 (Colchester) increased by 3.2% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CO5 (Colchester) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CO5 (Colchester)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CO5 (Colchester)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CO5 (Colchester)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CO5 (Colchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO5 postcode area since 1995.

Recent Sales in CO5 (Colchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Morley Road, Tiptree, Colchester, Essex, CO5 0AA£625,000£580,000-£45,00017 Apr 202429 Nov 2024226 Days
9 Churchfields, West Mersea, Colchester, Essex, CO5 8QJ£369,000£369,000£017 Mar 202429 Nov 2024257 Days
31 Wilkin Drive, Tiptree, Colchester, Essex, CO5 0RS£375,000£375,000£030 Aug 202428 Nov 202490 Days
109 Fairhaven Avenue, West Mersea, Colchester, Essex, CO5 8BS£710,000£675,000-£35,00025 Jun 202428 Nov 2024156 Days
2 Pine Grove, West Mersea, Colchester, Essex, CO5 8PZ£425,000£421,000-£4,00009 Apr 202428 Nov 2024233 Days
24 Suffolk Avenue, West Mersea, Colchester, Essex, CO5 8ER£450,000£440,000-£10,00014 Mar 202422 Nov 2024253 Days
12 Brockwell Lane, Kelvedon, Colchester, Essex, CO5 9BB£700,000£685,000-£15,00008 Aug 202419 Nov 2024103 Days
2 Kings Gardens, Feering, Colchester, Essex, CO5 9RJ£475,000£470,000-£5,00015 May 202418 Nov 2024187 Days
134 High Street, Kelvedon, Colchester, Essex, CO5 9JA£650,000£625,000-£25,00020 Jun 202401 Nov 2024134 Days
8 Greenways, Feering, Colchester, Essex, CO5 9LZ£550,000£550,000£014 Mar 202430 Oct 2024230 Days
91 Hillview Close, Rowhedge, Colchester, Essex, CO5 7HS£325,000£307,000-£18,00026 Dec 202330 Oct 2024309 Days
54 Chatsworth Road, West Mersea, Colchester, Essex, CO5 8RF£315,000£305,000-£10,00014 Jun 202430 Oct 2024138 Days
Chale Cottage, Inworth Road, Feering, Colchester, Essex, CO5 9SE£675,000£665,000-£10,00013 May 202425 Oct 2024165 Days
10 Sherwood Way, Feering, Colchester, Essex, CO5 9LJ£375,000£360,000-£15,00019 Jan 202425 Oct 2024280 Days
72 High Street North, West Mersea, Colchester, Essex, CO5 8JY£330,000£320,000-£10,00005 Apr 202408 Aug 2024125 Days
3 Swan Street, Kelvedon, Colchester, Essex, CO5 9NG£1,000,000£925,000-£75,00007 Oct 202231 Jul 2024663 Days
5 Francis Close, Tiptree, Colchester, Essex, CO5 0BT£350,000£338,000-£12,00025 Mar 202426 Jul 2024123 Days
22 Easterford Road, Kelvedon, Colchester, Essex, CO5 9DX£495,000£460,000-£35,00002 Oct 202316 Jul 2024288 Days
54 Glebe Road, Kelvedon, Colchester, Essex, CO5 9JS£325,000£320,000-£5,00022 Jun 202415 Jul 202423 Days
1 Sherwood Way, Feering, Colchester, Essex, CO5 9LJ£450,000£435,000-£15,00019 Oct 202305 Jul 2024260 Days

Most Expensive Streets in CO5 (Colchester)

PostcodeStreetAreaAverageNo. of Sales
CO5 8AEGrove Avenue, West MerseaColchester£811,6663
CO5 0FYAlbaney Terrace, TiptreeColchester£807,5004
CO5 0PNMaldon Road, TiptreeColchester£778,3333
CO5 8NFFirs Hamlet, West MerseaColchester£774,1663
CO5 7BXFerry Road, FingringhoeColchester£766,6663
CO5 9NJWorlds End Lane, FeeringColchester£742,5504
CO5 0JANewbridge Road, TiptreeColchester£735,0004
CO5 8LJSt Peters Road, West MerseaColchester£718,9166
CO5 0FPSalis Close, TiptreeColchester£715,0333
CO5 9BBBrockwell Lane, KelvedonColchester£703,3333

Least Expensive Streets in CO5 (Colchester)

PostcodeStreetAreaAverageNo. of Sales
CO5 0UPMynott Court, TiptreeColchester£147,6663
CO5 8SDHall Barn, High Street, West MerseaColchester£151,20422
CO5 0SWRosemary Court, Rectory RoadColchester£158,30921
CO5 7HJDarkhouse Lane, RowhedgeColchester£160,3333
CO5 9LTKings Meadow Court, Coggeshall RoadColchester£164,9005
CO5 7JJOxton Close, RowhedgeColchester£178,3336
CO5 0HDBrendon Court, TiptreeColchester£183,15313
CO5 7EEThe Old School House, Church Street, RowhedgeColchester£197,5003
CO5 7DLMarina Walk, RowhedgeColchester£198,87116
CO5 8QGQueens Mews, West MerseaColchester£202,2005

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