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House Prices in CO6

The average house price in CO6 (Colchester) is £367,708 using HM Land Registry data.

The average property price increased by £119,827 (23.88%) over the last 5 years and increased by £23,955 (3.66%) over the last 12 months.

Over the last year, there were 274 residential property sales – a decrease of 214 transactions (-78.10%) relative to the previous year. The majority of house sales (83) were in the £318,000 - £416,000 range. Then came properties in the £220,000 - £318,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,647 (-3%).

In June 2024, there were 95 new estate agency instructions, 67 agreed home sales and 56 property price reductions.

5-Year Average Property Prices in CO6 (Colchester)

23.88%

Property prices in Colchester increased by 23.88% 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 CO6 (Colchester) Over the Last Year

3.66%

Property prices in Colchester increased by 3.66% 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.

Property Market Heat Gauge for CO6 (Colchester) - June 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 CO6 (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 CO6 (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 CO6 (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 CO6 (Colchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO6 postcode area since 1995.

Recent Sales in CO6 (Colchester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
36 Erle Havard Road, West Bergholt, Colchester, Essex, CO6 3LH	£270,000	£268,000	-£2,000	26 Oct 2023	10 May 2024	197 Days
21 Paycocke Way, Coggeshall, Colchester, Essex, CO6 1QD	£190,000	£190,000	£00	09 Oct 2023	10 May 2024	214 Days
The White House, Green Acres, Coggeshall, Colchester, Essex, CO6 1RB	£1,100,000	£1,065,000	-£35,000	27 Mar 2024	30 Apr 2024	34 Days
3 Swallow Field, Earls Colne, Colchester, Essex, CO6 2RW	£560,000	£555,000	-£5,000	30 Aug 2023	19 Apr 2024	233 Days
89 Coggeshall Road, Marks Tey, Colchester, Essex, CO6 1LS	£280,000	£275,000	-£5,000	12 Oct 2023	12 Apr 2024	183 Days
7 Tillwicks Close, Earls Colne, Colchester, Essex, CO6 2LP	£299,950	£295,000	-£4,950	09 Nov 2023	09 Apr 2024	152 Days
20 North Lane, Marks Tey, Colchester, Essex, CO6 1EG	£475,000	£460,000	-£15,000	24 Nov 2023	05 Apr 2024	133 Days
28 Pirie Road, West Bergholt, Colchester, Essex, CO6 3TA	£300,000	£300,000	£00	09 Nov 2023	25 Mar 2024	137 Days
6 Helm Close, Great Horkesley, Colchester, Essex, CO6 4TT	£350,000	£339,000	-£11,000	30 Nov 2023	22 Mar 2024	113 Days
44 Jaggards Road, Coggeshall, Colchester, Essex, CO6 1PN	£400,000	£387,500	-£12,500	16 Aug 2023	21 Mar 2024	218 Days
81 Godmans Lane, Marks Tey, Colchester, Essex, CO6 1NQ	£260,000	£260,000	£00	09 Nov 2023	15 Mar 2024	127 Days
3 Firmins Court, West Bergholt, Colchester, Essex, CO6 3BQ	£725,000	£715,000	-£10,000	30 Oct 2023	08 Mar 2024	130 Days
35 Bear Street, Nayland, Colchester, Suffolk, CO6 4HX	£375,000	£355,000	-£20,000	12 Sep 2023	06 Mar 2024	176 Days
17 Grantley Close, Copford, Colchester, Essex, CO6 1YP	£600,000	£572,500	-£27,500	17 Oct 2023	05 Mar 2024	140 Days
5 Tilkey Road, Coggeshall, Colchester, Essex, CO6 1PG	£345,000	£305,000	-£40,000	30 Aug 2023	01 Mar 2024	184 Days
16 Searle Way, Eight Ash Green, Colchester, Essex, CO6 3QS	£425,000	£405,000	-£20,000	12 Sep 2023	23 Feb 2024	164 Days
18 Laburnum Way, Nayland, Colchester, Suffolk, CO6 4LG	£380,000	£368,000	-£12,000	07 Oct 2023	19 Feb 2024	135 Days
21 The Walk, Eight Ash Green, Colchester, Essex, CO6 3QG	£275,000	£275,000	£00	15 Nov 2023	12 Feb 2024	89 Days
200 Coggeshall Road, Marks Tey, Colchester, Essex, CO6 1HS	£260,000	£260,000	£00	30 Aug 2023	31 Jan 2024	154 Days
18 Lakes Meadow, Coggeshall, Colchester, Essex, CO6 1TN	£135,000	£127,500	-£7,500	08 Sep 2023	30 Jan 2024	144 Days

Most Expensive Streets in CO6 (Colchester)

Postcode	Street	Area	Average	No. of Sales
CO6 4FQ	Jarrett Lane, Great Horkesley	Colchester	£1,091,071	7
CO6 1DH	Rectory Road, Copford	Colchester	£958,000	5
CO6 2RH	Park Lane, Earls Colne	Colchester	£928,750	4
CO6 4JH	Church Lane, Nayland	Colchester	£891,666	3
CO6 3AZ	Church Road, Wormingford	Colchester	£875,000	4
CO6 5BB	Straight Road, Polstead Heath	Colchester	£870,000	4
CO6 1TX	Church Street, Coggeshall	Colchester	£802,142	7
CO6 3NR	Plummers Road, Fordham	Colchester	£790,666	3
CO6 4FT	Nevard Lane, Great Horkesley	Colchester	£766,666	3
CO6 2RJ	Park Lane, Earls Colne	Colchester	£766,250	4

Least Expensive Streets in CO6 (Colchester)

Postcode	Street	Area	Average	No. of Sales
CO6 4TF	Harvest Court, Glenway Close	Colchester	£138,000	5
CO6 1TN	Lakes Meadow, Coggeshall	Colchester	£138,607	14
CO6 1DY	The Rookeries, Marks Tey	Colchester	£142,519	10
CO6 1LH	London Road, Copford	Colchester	£145,272	11
CO6 1EE	Old Rectory Court, Station Road	Colchester	£158,333	6
CO6 2NA	De Vere Road, Earls Colne	Colchester	£164,166	3
CO6 2SR	Tapestry Court, Earls Colne	Colchester	£173,125	4
CO6 4HW	Millers Close, Great Horkesley	Colchester	£180,750	4
CO6 3TJ	The Truman, Maltings Park	Colchester	£190,850	12
CO6 4HB	Glenway Close, Great Horkesley	Colchester	£191,400	5