The price of a newly built property is £473k in Colchester postcode area. The price increased by £55.9k (13%) over the last twelve months. The price of an established property is £324k. There were 76 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 27 (35.5%) properties sold, followed by £400k-£500k price range with 21 (27.6%) properties sold. Most new homes were sold in CO2 9, with 11 sold to date from September 2023 - August 2024.
| September 2023 - August 2024 | Colchester postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £473k | £371k |
Average price change | 13% £55.9k | -6% £-24.1k |
September 2023 - August 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £473k |
| █ An established property | £324k |
September 2023 - August 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 September 2023 - August 2024. See also Colchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £200k-£250k | 1.3% | 1 |
| █ £250k-£300k | 9.2% | 7 |
| █ £300k-£400k | 23.7% | 18 |
| █ £400k-£500k | 27.6% | 21 |
| █ £500k-£750k | 35.5% | 27 |
| █ £750k-£1M | 2.6% | 2 |
September 2023 - August 2024
September 2023 - August 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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