The average property price in Colchester city is £262k. The average price increased by £2.2k (1%) over the last twelve months. The price of an established property is £259k. The price of a newly built property is £306k. There were 1.7k property sales and sales dropped by 16.1% (-362 transactions). Most properties were sold in the £200k-£250k price range with 390 (23.5%) properties sold, followed by £250k-£300k price range with 338 (20.4%) properties sold.
Colchester city | England and Wales |
|---|---|
£262kaverage property price | £298kaverage property price |
1%average price percentage change | 2%average price percentage change |
£2.2kaverage price change | £5.1kaverage price change |
This price map shows the average property price in a given postcode sector between August 2019 - July 2020. The most affordable place was 'CO1 2' with the average price of £204k. The most expensive place was 'CO3 4', £328k.
Comparison of the average property price and an average price percentage change by city. Price % change compares the average property price between August 2019 - July 2020 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in city.
Average price percentage changeWith the average price of £262k, Colchester is the 37. most pricey city out of 113 England and Wales' cities.
shows a number of properties sold in a given price range between August 2019 - July 2020.
| Property price range | Market share | Sales volumes |
|---|---|---|
| £50k-£100k | 1.1% | 18 |
| £100k-£150k | 10.7% | 177 |
| £150k-£200k | 18.3% | 304 |
| £200k-£250k | 23.5% | 390 |
| £250k-£300k | 20.4% | 338 |
| £300k-£400k | 17.7% | 294 |
| £400k-£500k | 4.9% | 82 |
| £500k-£750k | 2.6% | 43 |
| £750k-£1M | 0.5% | 9 |
| over £1M | 0.1% | 2 |
August 2019 - July 2020
August 2019 - July 2020
Yearly average nominal house prices adjusted for inflation.
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.
Yearly average nominal prices
