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House Prices in CO7 House Prices in CO7 (Colchester)

The average house price in CO7 (Colchester) is £371,004 using HM Land Registry data.

The average property price increased by £78,375 (17.74%) over the last 5 years and increased by £15,700 (2.83%) over the last 12 months.

Over the last year, there were 382 residential property sales – a decrease of 187 transactions (-48.95%) relative to the previous year. The majority of house sales (109) were in the £264,000 - £348,000 range. Then came properties in the £348,000 - £432,000 range, where 86 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 210 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,740 (-3%).

In January 2025, there were 135 new estate agency instructions, 56 agreed home sales and 69 property price reductions.

Nearby Postcodes: , CM0, CM77, CM8, CM9, CO1, CO10, CO11, CO12, CO13, CO15, CO16, CO2, CO3, CO4, CO5, CO6, CO8, CO9, IP1, IP10, IP11, IP14, IP2, IP3, IP30, IP6, IP7, IP8, IP9, IP98

5-Year Average Property Prices in CO7 (Colchester)

17.74%

Property prices in CO7 (Colchester) increased by 17.74% 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 CO7 (Colchester) Over the Last Year

2.83%

Property prices in CO7 (Colchester) increased by 2.83% 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 CO7 (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 CO7 (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 CO7 (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 CO7 (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 CO7 (Colchester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO7 postcode area since 1995.

Recent Sales in CO7 (Colchester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Campernell Close, Brightlingsea, Colchester, Essex, CO7 0TA£270,000£268,000-£2,00022 Aug 202419 Dec 2024119 Days
9 Plough Road, Great Bentley, Colchester, Essex, CO7 8LG£350,000£347,000-£3,00012 Jul 202412 Dec 2024153 Days
9 Hereward Close, Wivenhoe, Colchester, Essex, CO7 9SB£250,000£250,000£008 May 202406 Dec 2024212 Days
21 Claremont Road, Wivenhoe, Colchester, Essex, CO7 9NN£340,000£300,000-£40,00021 Aug 202406 Dec 2024107 Days
56 Chaplin Road, East Bergholt, Colchester, Suffolk, CO7 6RN£375,000£368,000-£7,00005 Jul 202429 Nov 2024147 Days
Southview, Ardleigh Road, Great Bromley, Colchester, Essex, CO7 7TL£675,000£665,000-£10,00024 Jul 202425 Nov 2024124 Days
1 Hereward Close, Wivenhoe, Colchester, Essex, CO7 9SB£280,000£280,000£025 Sep 202315 Nov 2024417 Days
1 Admirals Walk, Wivenhoe, Colchester, Essex, CO7 9SZ£420,000£410,000-£10,00022 Jun 202408 Nov 2024139 Days
Appletrees, Plough Road, Great Bentley, Colchester, Essex, CO7 8LD£550,000£510,000-£40,00031 May 202408 Nov 2024161 Days
Debeauvoir, Mary Lane South, Great Bromley, Colchester, Essex, CO7 7UD£425,000£400,000-£25,00009 May 202431 Oct 2024175 Days
30 Broom Knoll, East Bergholt, Colchester, Suffolk, CO7 6XL£299,995£295,000-£4,99518 Apr 202431 Oct 2024196 Days
South Lodge, Church Road, Thorrington, Colchester, Essex, CO7 8HS£450,000£431,000-£19,00003 Apr 202428 Oct 2024208 Days
52 Dover Road, Brightlingsea, Colchester, Essex, CO7 0PS£250,000£235,000-£15,00009 Apr 202425 Oct 2024199 Days
91 Richard Avenue, Wivenhoe, Colchester, Essex, CO7 9HY£350,000£350,000£018 May 202418 Oct 2024153 Days
27 Foxhall Fields, East Bergholt, Colchester, Suffolk, CO7 6QY£375,000£357,500-£17,50017 Apr 202423 Aug 2024128 Days
8 Eastern Road, Brightlingsea, Colchester, Essex, CO7 0HU£235,000£230,000-£5,00009 Apr 202419 Aug 2024132 Days
63 Seaview Road, Brightlingsea, Colchester, Essex, CO7 0PR£350,000£342,000-£8,00005 Mar 202419 Aug 2024167 Days
18 Richard Avenue, Brightlingsea, Colchester, Essex, CO7 0LP£325,000£320,000-£5,00022 May 202430 Jul 202469 Days
53 Chaney Road, Wivenhoe, Colchester, Essex, CO7 9QZ£550,000£540,000-£10,00017 Nov 202330 Jul 2024256 Days
Lawrita Cottage, Crown Lane South, Ardleigh, Colchester, Essex, CO7 7PL£400,000£395,500-£4,50024 Oct 202330 Jul 2024280 Days

Most Expensive Streets in CO7 (Colchester)

PostcodeStreetAreaAverageNo. of Sales
CO7 6THRectory Hill, East BergholtColchester£1,563,7504
CO7 6SDGaston Street, East BergholtColchester£1,106,8333
CO7 6HAHigh Street, DedhamColchester£1,106,6663
CO7 9FLPalmer Gardens, WivenhoeColchester£988,3333
CO7 6ADBrook Street, DedhamColchester£951,2506
CO7 7GNLittle Paddocks, Great BromleyColchester£911,5238
CO7 7QBDedham Road, ArdleighColchester£847,5004
CO7 6TPGandish Road, East BergholtColchester£844,0003
CO7 6DXGrove Hill, DedhamColchester£843,7504
CO7 6BXAnchor Lane, DedhamColchester£843,1254

Least Expensive Streets in CO7 (Colchester)

PostcodeStreetAreaAverageNo. of Sales
CO7 0TBCampernell Close, BrightlingseaColchester£117,2229
CO7 0HNDoves Court, Sydney Street, BrightlingseaColchester£118,3754
CO7 0DFSt. James Court, Station RoadColchester£129,5004
CO7 0HXTrafalgar Court, Red Barn RoadColchester£132,40010
CO7 0UDManor Mews, Park DriveColchester£133,6653
CO7 0LUSpringfields, BrightlingseaColchester£137,02917
CO7 9EYJames Close, WivenhoeColchester£158,0003
CO7 0DGFrancis Street, BrightlingseaColchester£174,3336
CO7 0DJNew Street, BrightlingseaColchester£184,3577
CO7 7ALJohnson Drive, ElmsteadColchester£185,2147

Explore CO7 (Colchester) using map

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