The average property price in Colchester city is £259k. The average price declined by £-934 (0%) over the last twelve months. The price of an established property is £257k. The price of a newly built property is £298k. There were 2.0k property sales and sales dropped by 10.5% (-252 transactions). Most properties were sold in the £200k-£250k price range with 467 (22.9%) properties sold, followed by £250k-£300k price range with 421 (20.6%) properties sold.
Colchester
city March 2019 - February 2020
£259k
average property price
0%
average price percentage change
£-934
average price change
England + Wales
March 2019 - February 2020
£296k
average property price
1%
average price percentage change
£2.1k
average price change
Colchester house prices map
shows the average property price in a given postcode sector between March 2019 - February 2020. The most affordable place was 'CO2 8' with the average price of £204k. The most expensive place was 'CO3 3', £337k.
Postcode sector
Average price
% of Colchester avg. price (£259k)
CO1 1
£213k
82%
CO1 2
£206k
79%
CO2 7
£239k
92%
CO2 8
£204k
79%
CO2 9
£228k
88%
CO3 0
£288k
111%
CO3 3
£337k
130%
CO3 4
£307k
118%
CO3 9
£302k
117%
CO4 0
£278k
107%
CO4 3
£233k
90%
CO4 5
£299k
115%
CO4 9
£275k
106%
Colchester house prices compared to other cities
Comparison of the average property price and an average price percentage change by city. Price % change compares the average property price between March 2019 - February 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 changeAverage property price
Colchester house price rank
With the average price of £259k, Colchester is the 37. most pricey city out of 113 England and Wales' cities.
Colchester property sales share by price range
shows a number of properties sold in a given price range between March 2019 - February 2020.
Property price range
Market share
Sales volumes
£50k-£100k
1.5%
31
£100k-£150k
11.1%
227
£150k-£200k
18.9%
385
£200k-£250k
22.9%
467
£250k-£300k
20.6%
421
£300k-£400k
16.8%
343
£400k-£500k
4.7%
96
£500k-£750k
2.8%
57
£750k-£1M
0.5%
11
over £1M
0.1%
2
Colchester cost comparison of new homes and older homes
March 2019 - February 2020
£298k
A newly built property
£257k
An established property
Colchester cost comparison of houses and flats
March 2019 - February 2020
£388k
Detached
£166k
Flat
£271k
Semi-Detached
£232k
Terraced
Colchester real house prices
Yearly average nominal house prices adjusted for inflation.
Colchester house prices compared to England & Wales' house prices
Yearly average nominal prices
Colchester square meter house prices compared to England & Wales' prices
Yearly average nominal prices per square meter.
Colchester house prices and nearby cities
Yearly average nominal prices
Colchester house prices new vs established
Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.
