Housing Market Analysis for MERCERS WAY, CO1 1RY

Are you looking to understand CO1 1RY house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Colchester postcode.

For the location information and nearby amenities in the CO1 1RY area, explore the CO1 1RY Area information page.
For comprehensive crime statistics in the CO1 1RY area, explore the CO1 1RY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO1 1RY postcode area, The average prices are as follows,

Terraced
- The average price is around £179,857 median price is £183,500 Standard Deviation is £71,051 with Total Sold: 7
- The Last 5 Year average price is £300,000 with Total Sold: 1
- The most recent sale happened at this postcode is 29 MERCERS WAY: £300,000 (Sold on 28 Jul 2022)
- The first recorded sale happened at this postcode is 32 MERCERS WAY: £92,000 (Sold on 08 Nov 2001)
Semi-Detached
- The average price is around £165,201 median price is £171,000 Standard Deviation is £88,525 with Total Sold: 29
- The Last 5 Year average price is £306,000 with Total Sold: 2
- The most recent sale happened at this postcode is 8 MERCERS WAY: £330,000 (Sold on 31 Jan 2022)
- The first recorded sale happened at this postcode is 36 MERCERS WAY: £45,000 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CO1 1RY house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£300,000	£4,054	1
2019	£252,500	£3,237	1
2015	£183,500	£2,480	1
2012	£142,000	£1,972	1
2008	£189,000	£969	1
2003	£100,000	£1,020	1
2001	£92,000	£472	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£330,000	£3,750	1
2021	£282,000	£3,439	1
2019	£267,500	£3,040	1
2018	£287,000	£3,734	1
2016	£253,264	£3,174	5
2015	£185,000	£2,342	1
2014	£242,500	£2,608	1
2013	£180,000	£2,342	1
2011	£171,000	£2,100	1
2010	£175,000	£2,185	1
2009	£144,000	£1,924	2
2007	£173,000	£2,471	1
2005	£152,000	£2,054	1
2004	£158,000	£1,941	1
2003	£137,000	£1,782	1
2000	£68,750	£912	2
1999	£52,250	£694	2
1998	£50,250	£432	2
1997	£54,500	£592	2
1996	£45,000		1

All the Sales in the MERCERS WAY, CO1 1RY

See the table below for more details on the sold house prices in the CO1 1RY, Colchester postcode.

Address	Sold Date	Price	% Change
29 MERCERS WAYTerraced, FreeholdArea: 74 Sq.mtrAge: 1991-1995	28 Jul 2022	£300,000	63.49%
	20 Apr 2015	£183,500	20.72%
	19 Aug 2005	£152,000	118.71%
	23 Jun 2000	£69,500	First Sale
8 MERCERS WAYSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	31 Jan 2022	£330,000	23.36%
	05 Jul 2019	£267,500	603.95%
	12 Feb 1998	£38,000	First Sale
28 MERCERS WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1900-1929	14 Dec 2021	£282,000	First Sale
19 MERCERS WAYTerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	17 Dec 2019	£252,500	First Sale
20 MERCERS WAYSemi-Detached, FreeholdArea: 76.87 Sq.mtrAge: 1930-1949	24 Aug 2018	£287,000	59.44%
	15 Mar 2013	£180,000	31.39%
	22 Dec 2003	£137,000	101.47%
	18 Oct 2000	£68,000	First Sale
24 MERCERS WAYSemi-Detached, FreeholdArea: 80.1 Sq.mtrAge: 1950-1966	25 Nov 2016	£295,000	68.57%
	04 Feb 2010	£175,000	First Sale
27 MERCERS WAYSemi-Detached, FreeholdArea: 71.02 Sq.mtrAge: 1930-1949	29 Sep 2016	£228,750	59.97%
	30 Oct 2009	£143,000	First Sale
26 MERCERS WAYSemi-Detached, FreeholdArea: 81.41 Sq.mtrAge: 1900-1929	29 Apr 2016	£265,577	55.31%
	27 Apr 2011	£171,000	8.23%
	30 Jan 2004	£158,000	First Sale
10 MERCERS WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	05 Feb 2016	£259,995	40.54%
	27 Feb 2015	£185,000	27.59%
	28 May 2009	£145,000	178.85%
	15 Jan 1999	£52,000	First Sale
16 MERCERS WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	22 Jan 2016	£217,000	First Sale
6 MERCERS WAYSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	24 Jul 2014	£242,500	318.10%
	31 Jul 1997	£58,000	First Sale
25 MERCERS WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1900-1929	01 Jun 2012	£142,000	42.00%
	30 Oct 2003	£100,000	First Sale
32 MERCERS WAYTerraced, FreeholdArea: 195 Sq.mtrAge: 1930-1949	02 May 2008	£189,000	105.43%
	08 Nov 2001	£92,000	First Sale
23 MERCERS WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1930-1949	22 Jun 2007	£173,000	First Sale
17 MERCERS WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	28 Jan 1999	£52,500	First Sale
14 MERCERS WAYSemi-Detached, Freehold	25 Sep 1998	£62,500	First Sale
30 MERCERS WAYSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	15 Sep 1997	£51,000	First Sale
36 MERCERS WAYSemi-Detached, Freehold	29 Nov 1996	£45,000	First Sale

Check out the sold house prices near the CO1 1RY postcode. Properties currently for saleProperties currently for rent

MERCERS WAY, CO1 1RY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO1 1RY postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CO1 1RY postcode.

Terraced
- The average price is around £151,538 median price is £144,950 Standard Deviation is £88,305 with Total Sold: 1,081
- The Last 5 Year average price is £269,432 with Total Sold: 124
- The most recent sale happened at this postcode is , 60 MAIDENBURGH STREET: £225,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 5 RIVERSIDE WALK: £87,500 (Sold on 19 Jan 1995)
Flat
- The average price is around £123,938 median price is £125,000 Standard Deviation is £53,486 with Total Sold: 2,185
- The Last 5 Year average price is £175,656 with Total Sold: 280
- The most recent sale happened at this postcode is , 107 VICTORIA CHASE: £165,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 170 VICTORIA CHASE: £45,000 (Sold on 03 Jan 1995)
Detached
- The average price is around £248,370 median price is £240,000 Standard Deviation is £154,060 with Total Sold: 203
- The Last 5 Year average price is £380,711 with Total Sold: 38
- The most recent sale happened at this postcode is , 19 PARKSIDE QUARTER: £362,500 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 38A NORTH HILL: £70,000 (Sold on 07 Apr 1995)
Other
- The average price is around £1,356,638 median price is £312,500 Standard Deviation is £3,317,497 with Total Sold: 62
- The Last 5 Year average price is £683,267 with Total Sold: 35
- The most recent sale happened at this postcode is , ICE NIGHTCLUB ST HELENS LANE: £160,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 30 ST PETERS STREET: £1,380,000 (Sold on 30 Apr 2014)
Semi-Detached
- The average price is around £173,059 median price is £165,000 Standard Deviation is £92,797 with Total Sold: 430
- The Last 5 Year average price is £318,381 with Total Sold: 43
- The most recent sale happened at this postcode is , 24 ST PAULS ROAD: £275,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 5 ST PAULS ROAD: £59,995 (Sold on 31 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,923	£2,740	13
2023	£276,439	£3,438	21
2022	£276,845	£3,491	33
2021	£274,522	£3,408	42
2020	£227,767	£2,996	15
2019	£226,865	£3,227	26
2018	£234,815	£3,135	39
2017	£242,982	£3,303	33
2016	£210,870	£2,900	34
2015	£195,112	£2,618	37
2014	£199,439	£2,422	38
2013	£192,242	£2,215	34
2012	£163,111	£2,181	27
2011	£166,265	£2,114	13
2010	£159,020	£2,260	25
2009	£147,530	£1,911	15
2008	£155,750	£2,185	19
2007	£161,012	£2,367	39
2006	£156,259	£2,198	56
2005	£145,353	£2,151	42
2004	£149,448	£2,062	49
2003	£147,789	£1,827	63
2002	£113,203	£1,542	51
2001	£80,175	£1,240	54
2000	£77,555	£1,155	56
1999	£57,807	£922	47
1998	£56,543	£784	47
1997	£52,629	£773	48
1996	£45,914	£784	34
1995	£46,320	£711	31

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£161,479	£2,927	22
2023	£180,041	£2,929	59
2022	£187,793	£3,118	75
2021	£173,902	£2,903	79
2020	£159,690	£2,736	45
2019	£158,146	£2,710	58
2018	£169,639	£3,065	83
2017	£157,308	£2,783	94
2016	£151,627	£2,515	85
2015	£131,676	£2,330	98
2014	£126,454	£2,220	81
2013	£108,061	£2,139	41
2012	£119,811	£1,988	32
2011	£108,096	£2,127	26
2010	£109,420	£1,936	35
2009	£115,907	£1,946	54
2008	£125,601	£2,119	103
2007	£157,530	£2,793	113
2006	£148,391	£2,701	152
2005	£150,356	£2,828	67
2004	£133,740	£2,382	55
2003	£126,586	£2,191	105
2002	£107,206	£1,897	134
2001	£80,619	£1,480	85
2000	£67,818	£1,244	102
1999	£57,791	£1,061	103
1998	£43,601	£896	50
1997	£42,453	£903	82
1996	£39,375	£805	32
1995	£38,836	£832	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£369,833	£3,333	3
2023	£388,200	£3,617	5
2022	£396,000	£4,380	4
2021	£390,262	£3,123	21
2020	£327,400	£3,139	5
2019	£487,500	£3,611	2
2018	£390,000	£3,095	5
2017	£316,125	£3,481	4
2016	£298,600	£3,353	5
2015	£363,750	£2,566	4
2014	£309,295	£2,451	22
2013	£234,936	£2,326	16
2012	£190,125	£2,199	4
2011	£250,000	£2,003	2
2010	£177,667	£2,377	3
2009	£209,799	£2,251	5
2008	£275,000		1
2007	£261,849	£2,447	10
2006	£165,536	£2,136	7
2005	£161,833	£2,307	3
2004	£239,620	£2,280	15
2003	£196,583	£1,804	3
2002	£179,667	£1,836	6
2001	£127,118	£1,430	8
2000	£86,900	£1,399	5
1999	£106,249	£759	8
1998	£81,800	£893	5
1997	£297,083	£802	6
1996	£65,869	£1,025	8
1995	£73,624	£849	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£103,667		3
2023	£69,375		2
2022	£839,294	£3,170	17
2021	£287,103		7
2020	£1,197,810	£27,936	6
2019	£1,569,582	£28,117	10
2018	£159,720		5
2017	£4,619,970	£4,760	6
2016	£5,000		1
2015	£7,166,500		2
2014	£548,333		3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£232,500	£2,792	2
2023	£317,125	£3,677	8
2022	£337,626	£3,898	15
2021	£317,545	£2,922	11
2020	£304,428	£3,279	7
2019	£260,400	£3,192	15
2018	£280,500	£3,288	12
2017	£260,769	£3,296	13
2016	£255,083	£2,945	16
2015	£238,772	£3,180	9
2014	£210,136	£2,268	11
2013	£180,805	£2,339	18
2012	£172,571	£2,221	7
2011	£172,500	£2,145	7
2010	£172,200	£1,929	15
2009	£178,455	£1,972	11
2008	£197,499	£2,810	8
2007	£201,805	£2,174	23
2006	£171,348	£2,366	23
2005	£167,306	£1,906	18
2004	£156,069	£1,909	18
2003	£156,961	£1,767	24
2002	£146,207	£1,698	28
2001	£99,175	£1,381	22
2000	£79,812	£1,145	12
1999	£64,707	£856	21
1998	£60,528	£975	18
1997	£52,050	£688	10
1996	£47,012	£652	16
1995	£50,041	£630	12

House Type in CO1 1RY area

The most common house types in the CO1 1RY postcode area are Semi-detached (56), Terraced (56), and Detached (22).

Total	140
Semi-detached	56
Terraced	56
Detached	22
Shared house	4
Flat	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (49), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan	49
Owned: Owns outright	43
Private rented: Private landlord or letting agency	26
Social rented: Rents from council or Local Authority	11
Private rented: Other private rented	8
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CO1 1RY have 2 people in household (48), and 1 person in household (36).

2 people in household	48
1 person in household	36
4 people in household	25
3 people in household	24
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0