The price of a newly built property is £471k in Colchester postcode area. The price increased by £61.2k (15%) over the last twelve months. The price of an established property is £328k. There were 106 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 43 (40.6%) properties sold, followed by £300k-£400k price range with 20 (18.9%) properties sold. Most new homes were sold in CO11 2, with 13 sold to date from June 2023 - May 2024.
| June 2023 - May 2024 | Colchester postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £471k | £384k |
Average price change | 15% £61.2k | 0% £-1.9k |
June 2023 - May 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £471k |
| █ An established property | £328k |
June 2023 - May 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 June 2023 - May 2024. See also Colchester property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £100k-£150k | 0.9% | 1 |
| █ £200k-£250k | 6.6% | 7 |
| █ £250k-£300k | 11.3% | 12 |
| █ £300k-£400k | 18.9% | 20 |
| █ £400k-£500k | 17.0% | 18 |
| █ £500k-£750k | 40.6% | 43 |
| █ £750k-£1M | 3.8% | 4 |
| █ over £1M | 0.9% | 1 |
June 2023 - May 2024
June 2023 - May 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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