The price of a newly built property is £459k in Colchester postcode area. The price increased by £77.7k (20%) over the last twelve months. The price of an established property is £330k. There were 112 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 42 (37.5%) properties sold, followed by £500k-£750k price range with 34 (30.4%) properties sold. Most new homes were sold in CO2 9, with 17 sold to date from February 2023 - January 2024.
February 2023 - January 2024 | Colchester postcode area | England & Wales |
---|---|---|
Average price of a new home | £459k | £421k |
Average price change | 20% £77.7k | 11% £40.0k |
February 2023 - January 2024
New or established | Average price |
---|---|
█ A newly built property | £459k |
█ An established property | £330k |
February 2023 - January 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 February 2023 - January 2024. See also Colchester property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ £50k-£100k | 0.9% | 1 |
█ £200k-£250k | 0.9% | 1 |
█ £250k-£300k | 2.7% | 3 |
█ £300k-£400k | 37.5% | 42 |
█ £400k-£500k | 24.1% | 27 |
█ £500k-£750k | 30.4% | 34 |
█ £750k-£1M | 3.6% | 4 |
February 2023 - January 2024
February 2023 - January 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