Local market reports › CO area › CO2
Old Heath market report CO2, Colchester
The standing CO2 (Old Heath) property market report, rebuilt from the full public record every month. Everything below comes from 20,642 sales recorded by HM Land Registry in CO2 (Colchester) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in CO2 (Colchester) sold for £275,000 in 2026, the median of 198 registered sales, up 10% on five years earlier. The mean was £291,100, and by floor area homes here have averaged about £3,580 per square metre over the last five years. The figures cover 20,642 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
CO2 is a postcode district covering Old Heath, Berechurch, Layer de la Haye in Colchester. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where CO2 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.
CO2 sold prices: where the market stands
In the CO2 property market, the 2026 median sale price is £275,000, from 198 registered sales; the mean, the "average house price" most sites quote, is £291,100, sitting somewhat above it, as happens wherever a market carries an expensive tail.
CO2 prices by floor area
By floor space, homes in CO2 have sold for about £3,580 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
For scale: the England and Wales median is £285,000, so CO2 trades 4% below the country as a whole.
CO2's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £275,000 | £275,000 | 198 |
| 2025 | £295,000 | £302,054 | 536 |
| 2024 | £281,000 | £298,761 | 447 |
| 2023 | £290,000 | £318,639 | 494 |
| 2022 | £275,000 | £322,469 | 675 |
| 2021 | £250,000 | £316,532 | 743 |
| 2020 | £235,000 | £304,917 | 492 |
| 2019 | £228,000 | £298,853 | 535 |
| 2018 | £230,000 | £306,594 | 668 |
| 2017 | £219,000 | £298,694 | 739 |
| 2016 | £205,000 | £286,797 | 820 |
| 2015 | £187,500 | £264,938 | 802 |
| 2014 | £165,000 | £234,081 | 970 |
| 2013 | £160,000 | £230,224 | 768 |
| 2012 | £155,000 | £228,141 | 642 |
| 2011 | £144,000 | £217,385 | 581 |
| 2010 | £149,500 | £234,454 | 523 |
| 2009 | £137,500 | £221,032 | 522 |
| 2008 | £137,500 | £225,392 | 563 |
| 2007 | £164,000 | £278,190 | 971 |
| 2006 | £155,000 | £269,060 | 994 |
| 2005 | £145,000 | £258,042 | 799 |
| 2004 | £135,000 | £245,186 | 748 |
| 2003 | £117,000 | £215,542 | 696 |
| 2002 | £100,000 | £188,149 | 701 |
| 2001 | £76,100 | £146,298 | 644 |
| 2000 | £67,000 | £131,488 | 603 |
| 1999 | £57,500 | £114,594 | 649 |
| 1998 | £52,000 | £104,966 | 597 |
| 1997 | £48,500 | £99,464 | 647 |
| 1996 | £46,000 | £97,012 | 493 |
| 1995 | £44,500 | £96,736 | 382 |
In cash terms the typical CO2 home went from £44,500 in 1995 to £275,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 184%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2022; the current median sits about 15% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the CO2 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 (+31.4% on the year before); the weakest, 2008 (−16.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 32% of the typed total. A detached home currently trades at £407,600 against £170,000 for a flat, 2.4 times the price.
Median by property type, CO2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £407,600 | 36 | 3,384 |
| Semi-detached | £322,500 | 52 | 5,329 |
| Terraced | £255,000 | 61 | 6,600 |
| Flats | £170,000 | 49 | 5,329 |
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −6.8% | −9.0% |
| 5 years (since 2021) | +1.9% | −2.8% |
| 10 years (since 2016) | +3.0% | −0.4% |
| 20 years (since 2006) | +2.9% | +0.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
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.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
The register shows 422 CO2 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 770 sales a year before the financial crisis and 470 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.
What homes rent for around CO2
CO2 falls under Colchester, where the ONS puts the average private rent at £1,211 a month (May 2026 figures). The spread runs from £829 a month for a typical one-bed to £1,819 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Colchester
ONS Price Index of Private Rents, May 2026.
£1,211 a month is £14,532 a year, which against the £275,000 median sold price makes a gross yield of 5.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What people ask about CO2 (Old Heath)
How much did a house sell for in CO2 (Old Heath)?
Are property prices falling in CO2 (Old Heath)?
Is CO2 (Old Heath) a good place to buy a house?
What happens to CO2 prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 10% over five years in cash but down 13% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What is for sale in CO2 right now
Everything above is what homes in CO2 sold for. Turning to what is actually available: 86 homes on the market right now, from 8 agents publishing to HomesIndex, at a typical asking price 9% above the CO2 median sold price.
Of everything listed here, 32% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every CO2 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.
What another bedroom costs in CO
Real sold prices by size across the CO area, straight from the Land Registry record. 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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
CO2 ranks 1 of 16 in the CO area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
CO area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside CO2, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| CO2 0 | £425,000 | 16 |
| CO2 7 | £250,000 | 71 |
| CO2 8 | £280,000 | 73 |
| CO2 9 | £305,500 | 38 |
How CO2 compares nearby
Same city, different markets. The neighbouring districts of the CO area, dearest first:
| District | Median | 5-year |
|---|---|---|
| CO5 | £385,000 | +3% |
| CO6 | £385,000 | +1% |
| CO3 | £340,000 | +4% |
| CO8 | £335,000 | -13% |
| CO7 | £324,000 | -2% |
| CO9 | £323,500 | +8% |
| CO4 | £320,000 | +3% |
| CO13 | £320,000 | +0% |
| CO10 | £315,000 | +1% |
| CO11 | £310,000 | +0% |
| CO2 (this report) | £275,000 | +10% |
| CO14 | £266,500 | +9% |
| CO16 | £265,000 | -9% |
| CO15 | £236,000 | +7% |
| CO12 | £234,500 | +2% |
| CO1 | £231,500 | +4% |
Before you sell in CO2: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at CO2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim CO2.
Take it further
Behind the answers sits the same Land Registry record as this page, with CO2 already set as the subject. Free, one click sign in.
Two maps carry on from here: every CO2 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.