Local market reports › CO area › CO3
Lexden market report CO3, Colchester
The CO3 (Lexden) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 19,742 registered sales in CO3 (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.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: 201 registered 2026 sales put the CO3 (Colchester) median at £340,000, up 4% on five years earlier, with a mean of £352,800, and by floor area homes here have averaged about £3,930 per square metre over the last five years. Everything rests on 19,742 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
CO3 is the postcode district covering Lexden, Fordham Heath, Stanway in Colchester. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where CO3 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 a home in CO3 sells for
In the CO3 property market, the 2026 median sale price is £340,000, from 201 registered sales; the mean, the "average house price" most sites quote, is £352,800, sitting nearly identical to it, meaning sales cluster closely around the typical figure.
CO3 prices by floor area
The last five years of sales put CO3 at roughly £3,930 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
For scale: the England and Wales median is £285,000, so CO3 trades 19% above the country as a whole.
CO3's median sold price, 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 | £340,000 | £340,000 | 201 |
| 2025 | £357,500 | £366,049 | 539 |
| 2024 | £360,000 | £382,754 | 545 |
| 2023 | £370,000 | £406,540 | 529 |
| 2022 | £350,000 | £410,415 | 604 |
| 2021 | £328,000 | £415,290 | 875 |
| 2020 | £305,000 | £395,744 | 593 |
| 2019 | £285,000 | £373,567 | 639 |
| 2018 | £310,000 | £413,236 | 804 |
| 2017 | £311,100 | £424,309 | 764 |
| 2016 | £275,000 | £384,728 | 708 |
| 2015 | £255,000 | £360,315 | 656 |
| 2014 | £221,000 | £313,527 | 605 |
| 2013 | £210,000 | £302,169 | 576 |
| 2012 | £205,900 | £303,059 | 462 |
| 2011 | £200,000 | £301,923 | 440 |
| 2010 | £206,000 | £323,061 | 398 |
| 2009 | £185,000 | £297,389 | 419 |
| 2008 | £189,000 | £309,811 | 452 |
| 2007 | £204,000 | £346,041 | 846 |
| 2006 | £199,000 | £345,439 | 829 |
| 2005 | £185,000 | £329,225 | 728 |
| 2004 | £183,000 | £332,364 | 744 |
| 2003 | £164,500 | £303,049 | 586 |
| 2002 | £136,000 | £255,883 | 670 |
| 2001 | £115,000 | £221,082 | 751 |
| 2000 | £95,000 | £186,438 | 652 |
| 1999 | £80,000 | £159,436 | 736 |
| 1998 | £75,000 | £151,393 | 623 |
| 1997 | £69,000 | £141,505 | 631 |
| 1996 | £60,000 | £126,537 | 566 |
| 1995 | £59,000 | £128,257 | 571 |
In cash terms the typical CO3 home went from £59,000 in 1995 to £340,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 165%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2017; the current median sits about 20% below that. Someone who bought at the 2017 peak has not yet seen that price back in real terms.
Year-on-year change in the CO3 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 2001 (+21.1% on the year before); the weakest, 2019 (−8.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What CO3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −4.9% | −7.1% |
| 5 years (since 2021) | +0.7% | −3.9% |
| 10 years (since 2016) | +2.1% | −1.2% |
| 20 years (since 2006) | +2.7% | −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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 34% of the typed total. A detached home currently trades at £445,000 against £175,000 for a flat, 2.5 times the price.
Median by property type, CO3
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 | £445,000 | 69 | 6,794 |
| Semi-detached | £342,500 | 60 | 6,263 |
| Terraced | £295,000 | 34 | 3,304 |
| Flats | £175,000 | 38 | 3,381 |
Sales activity in CO3
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 427 CO3 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 726 sales a year before the financial crisis and 484 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.
Reading the CO3 market
Among the 16 measurable districts of its area, CO3 ranks 3 by median price: firmly in the dearer tier.
What tenants pay around CO3
CO3 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.
Set against the £340,000 median sold price, £1,211 a month is £14,532 a year, a gross yield of 4.3%: 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.
CO3 (Lexden): the questions that come up
How much did a house sell for in CO3 (Lexden)?
Are property prices falling in CO3 (Lexden)?
Is CO3 (Lexden) a good place to buy a house?
Will CO3 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is up 4% over five years in cash but down 18% 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.
On the market in CO3 today
Everything above is what homes in CO3 sold for. This is what you could actually buy today: 123 homes currently on the market from 7 agents publishing to HomesIndex, at a typical asking price 47% above the CO3 median sold price.
24% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Maldon Road, Colchester, Essex, CO3
- Lexden Road, Lexden, Colchester, Essex, CO3
- Fountain Lane, Heckford Bridge, Colchester, Essex, CO3
"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 CO3 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: CO prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the CO area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
CO3 ranks 6 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.
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.
Inside CO3, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| CO3 0 | £335,000 | 63 |
| CO3 3 | £321,200 | 50 |
| CO3 4 | £372,500 | 27 |
| CO3 8 | £325,000 | 35 |
| CO3 9 | £322,500 | 26 |
How CO3 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 (this report) | £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 | £275,000 | +10% |
| CO14 | £266,500 | +9% |
| CO16 | £265,000 | -9% |
| CO15 | £236,000 | +7% |
| CO12 | £234,500 | +2% |
| CO1 | £231,500 | +4% |
Selling a home in CO3? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in CO3, open the average prices map and zoom from the CO3 shading down to the sold homes on your own street. Every recorded CO3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim CO3.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about CO3. Free, with a one click sign in.
The live map plots every individual CO3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on 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.