The price of a newly built property is £470k in Colchester postcode area. The price increased by £53.3k (13%) over the last twelve months. The price of an established property is £325k. There were 88 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 31 (35.2%) properties sold, followed by £400k-£500k price range with 23 (26.1%) properties sold. Most new homes were sold in CO2 9, with 16 sold to date from August 2023 - July 2024.
| August 2023 - July 2024 | Colchester postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £470k | £378k |
Average price change | 13% £53.3k | -4% £-15.0k |
August 2023 - July 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £470k |
| █ An established property | £325k |
August 2023 - July 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 August 2023 - July 2024. See also Colchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £200k-£250k | 1.1% | 1 |
| █ £250k-£300k | 11.4% | 10 |
| █ £300k-£400k | 22.7% | 20 |
| █ £400k-£500k | 26.1% | 23 |
| █ £500k-£750k | 35.2% | 31 |
| █ £750k-£1M | 3.4% | 3 |
August 2023 - July 2024
August 2023 - July 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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