The price of a newly built property is £474k in Colchester postcode area. The price increased by £78.7k (20%) over the last twelve months. The price of an established property is £327k. There were 84 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 35 (41.7%) properties sold, followed by £300k-£400k price range with 20 (23.8%) properties sold. Most new homes were sold in CO11 2, with 14 sold to date from April 2023 - March 2024.
| April 2023 - March 2024 | Colchester postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £474k | £403k |
Average price change | 20% £78.7k | 5% £19.8k |
April 2023 - March 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £474k |
| █ An established property | £327k |
April 2023 - March 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 April 2023 - March 2024. See also Colchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 1.2% | 1 |
| █ £200k-£250k | 2.4% | 2 |
| █ £250k-£300k | 6.0% | 5 |
| █ £300k-£400k | 23.8% | 20 |
| █ £400k-£500k | 21.4% | 18 |
| █ £500k-£750k | 41.7% | 35 |
| █ £750k-£1M | 3.6% | 3 |
April 2023 - March 2024
April 2023 - March 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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