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Colchester market report CO1 2
The CO1 2 (Colchester) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 8,597 registered sales in CO1 2 (Colchester) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for CO1 2 (Colchester) is £230,000, from 68 registered sales, up 10% on five years earlier; the mean is £242,500, and by floor area homes here have averaged about £3,310 per square metre over the last five years. Behind the figures sit 8,597 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like CO1 2 is a single group of streets within CO1 (Colchester), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where CO1 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in CO1 2
Take the 68 registered 2026 sales in CO1 2 and the middle price, the median, is £230,000. The mean lands at £242,500, somewhat above it, as happens wherever a market carries an expensive tail.
CO1 2 prices by floor area
Averaged across five years of sales, floor space in CO1 2 costs about £3,310 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
England and Wales as a whole trade at a £285,000 median, leaving CO1 2 19% below the national figure.
The price of a typical CO1 2 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £230,000 | £230,000 | 68 |
| 2025 | £240,000 | £245,739 | 167 |
| 2024 | £235,000 | £249,853 | 165 |
| 2023 | £220,000 | £241,726 | 163 |
| 2022 | £240,000 | £281,427 | 231 |
| 2021 | £210,000 | £265,887 | 241 |
| 2020 | £201,000 | £260,802 | 157 |
| 2019 | £207,000 | £271,327 | 199 |
| 2018 | £200,000 | £266,604 | 203 |
| 2017 | £192,000 | £261,869 | 245 |
| 2016 | £171,800 | £240,350 | 288 |
| 2015 | £167,000 | £235,971 | 287 |
| 2014 | £157,500 | £223,441 | 302 |
| 2013 | £145,000 | £208,641 | 250 |
| 2012 | £143,200 | £210,773 | 230 |
| 2011 | £145,000 | £218,894 | 197 |
| 2010 | £128,500 | £201,521 | 187 |
| 2009 | £129,200 | £207,690 | 180 |
| 2008 | £132,000 | £216,376 | 174 |
| 2007 | £149,000 | £252,745 | 424 |
| 2006 | £141,500 | £245,626 | 446 |
| 2005 | £130,000 | £231,348 | 359 |
| 2004 | £130,000 | £236,105 | 393 |
| 2003 | £110,000 | £202,647 | 433 |
| 2002 | £90,000 | £169,334 | 415 |
| 2001 | £69,000 | £132,649 | 357 |
| 2000 | £60,000 | £117,750 | 347 |
| 1999 | £50,000 | £99,647 | 374 |
| 1998 | £45,500 | £91,845 | 309 |
| 1997 | £42,400 | £86,954 | 318 |
| 1996 | £40,000 | £84,358 | 285 |
| 1995 | £40,000 | £86,954 | 203 |
In cash terms the typical CO1 2 home went from £40,000 in 1995 to £230,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 165%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 18% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the CO1 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+30.4% on the year before); the weakest, 2008 (−11.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −4.2% | −6.4% |
| 5 years (since 2021) | +1.8% | −2.9% |
| 10 years (since 2016) | +3.0% | −0.4% |
| 20 years (since 2006) | +2.5% | −0.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Over the last twelve months of data, 68 sales completed in CO1 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 397 sales a year before the financial crisis and 159 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of CO1 2
The local authority for CO1 2 is Colchester, and its ONS average private rent currently stands at £1,211 a month (May 2026 figures). Size sets most of the rent: one-beds average £829 a month here against £1,819 for four or more bedrooms.
Average monthly rent by size, Colchester
ONS Price Index of Private Rents, May 2026.
Set against the £230,000 median sold price, £1,211 a month is £14,532 a year, a gross yield of 6.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Common questions on CO1 2 (Colchester)
How much did a house sell for in CO1 2 (Colchester)?
Are property prices falling in CO1 2 (Colchester)?
Is CO1 2 (Colchester) a good place to buy a house?
What happens to CO1 2 prices now?
The record answers a different question than "what happens next": the median is up 10% over five years in cash but down 13% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
CO1's current homes for sale
Turning to what is actually available: 95 homes on the market right now, from 7 agents publishing to HomesIndex.
These cover the whole CO1 district, not just CO1 2: live asking prices are collected per district.
Of everything listed here, 46% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Magdalen Street, Colchester Town Centre, Colchester, CO1, Colchester
- St. Peters Street, Colchester
- Edward Paxman Gardens, Colchester
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every CO1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in CO
The Land Registry record, split by size: what each kind of home actually sold for across the CO area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £315,000 | £430,000 (+37%) | £625,000 (+45%) | £865,000 (+38%) |
| Semi-detached | £245,000 | £285,000 (+16%) | £335,000 (+18%) | £420,000 (+25%) | £565,000 (+35%) |
| Terraced | £225,000 | £255,000 (+13%) | £299,995 (+18%) | £381,000 (+27%) | £507,500 (+33%) |
| Flat | £150,000 | £190,000 (+27%) | £287,500 (+51%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the CO area is the point: the same five years treated these districts very differently.
Winners and losers across the CO area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in CO1
A few minutes' walk can separate two very different markets. Here are CO1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| CO1 1 | £231,500 | 44 |
Zoom out to the full CO1 district report for the type split, monthly volumes and how CO1 compares with its neighbours.
Thinking of selling in CO1 2? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in CO1 2, open the average prices map and zoom from the CO1 2 shading down to the sold homes on your own street. Every recorded CO1 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working CO1 2: the featured spot on this report is free for founding agents, one per district. Claim CO1 2.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to CO1 2. Free after a one click sign in.
See every individual CO1 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.