The price of a newly built property is £445k in Colchester postcode area. The price increased by £33.9k (8%) over the last twelve months. The price of an established property is £321k. There were 131 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 36 (27.5%) properties sold, followed by £400k-£500k price range with 35 (26.7%) properties sold. Most new homes were sold in CO7 7, with 18 sold to date from November 2023 - October 2024.
| November 2023 - October 2024 | Colchester postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £445k | £381k |
Average price change | 8% £33.9k | -4% £-16.5k |
November 2023 - October 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £445k |
| █ An established property | £321k |
November 2023 - October 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 November 2023 - October 2024. See also Colchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 0.8% | 1 |
| █ £150k-£200k | 1.5% | 2 |
| █ £200k-£250k | 5.3% | 7 |
| █ £250k-£300k | 9.9% | 13 |
| █ £300k-£400k | 27.5% | 36 |
| █ £400k-£500k | 26.7% | 35 |
| █ £500k-£750k | 22.9% | 30 |
| █ £750k-£1M | 4.6% | 6 |
| █ over £1M | 0.8% | 1 |
November 2023 - October 2024
November 2023 - October 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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