The price of a newly built property is £454k in Colchester postcode area. The price increased by £39.6k (10%) over the last twelve months. The price of an established property is £322k. There were 95 sales of newly build properties. Most new properties were sold in the £400k-£500k price range with 29 (30.5%) properties sold, followed by £300k-£400k price range with 26 (27.4%) properties sold. Most new homes were sold in CO7 7, with 13 sold to date from October 2023 - September 2024.
| October 2023 - September 2024 | Colchester postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £454k | £373k |
Average price change | 10% £39.6k | -5% £-20.3k |
October 2023 - September 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £454k |
| █ An established property | £322k |
October 2023 - September 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between October 2023 - September 2024. See also Colchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £150k-£200k | 4.2% | 4 |
| █ £250k-£300k | 10.5% | 10 |
| █ £300k-£400k | 27.4% | 26 |
| █ £400k-£500k | 30.5% | 29 |
| █ £500k-£750k | 22.1% | 21 |
| █ £750k-£1M | 4.2% | 4 |
| █ over £1M | 1.1% | 1 |
October 2023 - September 2024
October 2023 - September 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
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