The price of a newly built property is £429k in Colchester postcode area. The price increased by £5.2k (1%) over the last twelve months. The price of an established property is £321k. There were 148 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 50 (33.8%) properties sold, followed by £400k-£500k price range with 32 (21.6%) properties sold. Most new homes were sold in CO12 4, with 17 sold to date from January 2024 - December 2024.
| January 2024 - December 2024 | Colchester postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £429k | £381k |
Average price change | 1% £5.2k | -4% £-14.2k |
January 2024 - December 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £429k |
| █ An established property | £321k |
January 2024 - December 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 January 2024 - December 2024. See also Colchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 2.7% | 4 |
| █ £150k-£200k | 4.1% | 6 |
| █ £200k-£250k | 4.1% | 6 |
| █ £250k-£300k | 8.1% | 12 |
| █ £300k-£400k | 33.8% | 50 |
| █ £400k-£500k | 21.6% | 32 |
| █ £500k-£750k | 20.9% | 31 |
| █ £750k-£1M | 3.4% | 5 |
| █ over £1M | 1.4% | 2 |
January 2024 - December 2024
January 2024 - December 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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