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Lexden market report CO3 3, Colchester

The CO3 3 (Lexden) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 6,120 sales registered with HM Land Registry in CO3 3 (Colchester) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.

In short: a typical CO3 3 (Colchester) home changed hands for £321,200 in 2026 (median of 50 registered sales, down 12% on five years earlier), with the mean at £363,400, and by floor area homes here have averaged about £3,640 per square metre over the last five years. Source: 6,120 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.

CO3 3 is one sector of CO3 (Colchester): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.

What CO3 3 homes really sell for

The CO3 3 median stands at £321,200 for 2026, built from 50 registered sales; the mean, the figure usually quoted as the "average house price", is £363,400, a little above it, the familiar pattern where pricier homes stretch the average.

House prices per square metre in CO3 3

By floor space, homes in CO3 3 have sold for about £3,640 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.

The national median for England and Wales is £285,000, which puts CO3 3 13% above the country at large.

In cash terms the typical CO3 3 home went from £62,000 in 1995 to £321,200 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 138%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2021; the current median sits about 30% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

The strongest year on record here is 2015 (+31.5% on the year before); the weakest, 2024 (−26.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Growth per year, over one to twenty years

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.

Sales activity in CO3 3

The register shows 50 CO3 3 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 259 sales a year before the financial crisis and 122 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.

The shape of the CO3 3 market

Only 50 sales completed here in the last twelve months of data, which makes CO3 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.

What homes rent for around CO3 3

CO3 3 falls under Colchester, where the ONS puts the average private rent at £1,211 a month (May 2026 figures). A one-bed averages £829 a month here and a four-or-more-bed £1,819, so size does most of the work in setting the rent.

£1,211 a month is £14,532 a year, which against the £321,200 median sold price makes a gross yield of 4.5%. 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.

CO3 3 (Lexden): the questions that come up

Will CO3 3 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 12% over five years in cash but down 30% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

What you could buy in CO3 now

The price of an extra bedroom in CO

The risers and the fallers

The spread across the CO area is the point: the same five years treated these districts very differently.

Other sectors in CO3

A few minutes' walk can separate two very different markets. Here are CO3's other sectors, each with its own report:

Zoom out to the full CO3 district report for the type split, monthly volumes and how CO3 compares with its neighbours.

Selling a home in CO3 3? Price it on the evidence

Go deeper

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about CO3 3. Free, with a one click sign in.

Two maps carry on from here: every CO3 3 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.

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.