Housing Market Analysis for NEW TOWN ROAD, CO1 2EG

Are you looking to understand CO1 2EG 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 2EG area, explore the CO1 2EG Area information page.
For comprehensive crime statistics in the CO1 2EG area, explore the CO1 2EG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO1 2EG postcode area, The average prices are as follows,

  • Flat
    • The average price is around £90,740 median price is £80,000 Standard Deviation is £49,448 with Total Sold: 15
    • The Last 5 Year average price is £174,167 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 7, RAVENSWOOD NEW TOWN ROAD: £180,000 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is FLAT 2, RAVENSWOOD NEW TOWN ROAD: £32,000 (Sold on 15 Nov 1995)
  • Terraced
    • The average price is around £38,250 median price is £38,250 Standard Deviation is £3,250 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 8, RAVENSWOOD NEW TOWN ROAD: £41,500 (Sold on 19 Dec 1997)
    • The first recorded sale happened at this postcode is FLAT 8, RAVENSWOOD NEW TOWN ROAD: £35,000 (Sold on 14 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CO1 2EG 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£178,750 £3,310 2
2021£165,000 £4,179 1
2010£90,100 £1,682 1
2008£118,0001
2006£119,000 £2,110 1
2005£95,000 £1,727 1
2003£74,000 £1,874 1
2002£62,000 £1,149 3
2001£51,000 £944 1
1998£37,500 £665 1
1996£36,000 £638 1
1995£32,000 £552 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£41,5001
1996£35,0001

All the Sales in the NEW TOWN ROAD, CO1 2EG

See the table below for more details on the sold house prices in the CO1 2EG, Colchester postcode.

AddressSold DatePrice% Change
FLAT 7, RAVENSWOOD NEW TOWN ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-199029 Jul 2022£180,000First Sale
FLAT 6, RAVENSWOOD NEW TOWN ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-199030 Jun 2022£177,500248.04%
13 Jul 2001£51,000First Sale
FLAT 5, RAVENSWOOD NEW TOWN ROADFlat, LeaseholdArea: 39.48 Sq.mtrAge: 1950-196629 Jun 2021£165,000122.97%
18 Jul 2003£74,00042.31%
26 Apr 2002£52,000First Sale
FLAT 4, RAVENSWOOD NEW TOWN ROADFlat, LeaseholdArea: 53.58 Sq.mtrAge: 1967-197512 Apr 2010£90,100First Sale
FLAT 8, RAVENSWOOD NEW TOWN ROADFlat, Leasehold09 Sep 2008£118,00047.50%
06 Sep 2002£80,00092.77%
19 Dec 1997£41,50018.57%
14 Feb 1996£35,000First Sale
FLAT 3, RAVENSWOOD NEW TOWN ROADFlat, LeaseholdArea: 56.4 Sq.mtrAge: 1976-198206 Jan 2006£119,000217.33%
22 May 1998£37,5004.17%
05 Jul 1996£36,000First Sale
FLAT 1, RAVENSWOOD NEW TOWN ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 1976-198230 Mar 2005£95,00075.93%
14 Jun 2002£54,000First Sale
FLAT 2, RAVENSWOOD NEW TOWN ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-197515 Nov 1995£32,000First Sale

Check out the sold house prices near the CO1 2EG postcode. Properties currently for saleProperties currently for rent

NEW TOWN ROAD, CO1 2EG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO1 2EG 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 2EG postcode.

  • Terraced
    • The average price is around £133,965 median price is £129,999 Standard Deviation is £70,394 with Total Sold: 4,411
    • The Last 5 Year average price is £226,156 with Total Sold: 635
    • The most recent sale happened at this postcode is , 33 PORT LANE: £210,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 HARSNETT ROAD: £56,000 (Sold on 17 Jan 1995)
  • Semi-Detached
    • The average price is around £154,636 median price is £148,000 Standard Deviation is £79,198 with Total Sold: 1,238
    • The Last 5 Year average price is £246,749 with Total Sold: 190
    • The most recent sale happened at this postcode is , 90 NICHOLSONS GROVE: £142,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 24 HARSNETT ROAD: £57,250 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £109,701 median price is £110,000 Standard Deviation is £53,415 with Total Sold: 1,320
    • The Last 5 Year average price is £159,844 with Total Sold: 204
    • The most recent sale happened at this postcode is FLAT 3, WATTS COURT PRIORY STREET: £160,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 79 NICHOLSONS GROVE: £33,850 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £206,735 median price is £199,745 Standard Deviation is £105,925 with Total Sold: 268
    • The Last 5 Year average price is £327,875 with Total Sold: 36
    • The most recent sale happened at this postcode is , 24 NEW TOWN ROAD: £540,000 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 39C MERSEA ROAD: £97,000 (Sold on 27 Feb 1995)
  • Other
    • The average price is around £454,413 median price is £217,320 Standard Deviation is £635,200 with Total Sold: 50
    • The Last 5 Year average price is £497,600 with Total Sold: 28
    • The most recent sale happened at this postcode is , 21 LISLE ROAD: £262,500 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 89 WIMPOLE ROAD: £1,266,000 (Sold on 28 Aug 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,903 £3,195 35
2023£239,483 £3,316 91
2022£252,024 £3,520 119
2021£224,098 £3,006 191
2020£202,495 £2,798 87
2019£206,370 £2,921 112
2018£213,952 £2,866 119
2017£206,470 £2,874 133
2016£195,171 £2,560 178
2015£183,879 £2,363 250
2014£168,310 £2,125 202
2013£151,807 £2,031 140
2012£147,612 £1,924 129
2011£132,697 £1,958 115
2010£133,259 £1,868 79
2009£124,530 £1,777 79
2008£135,898 £1,932 89
2007£146,382 £2,131 164
2006£136,882 £1,979 170
2005£131,062 £1,821 173
2004£127,116 £1,884 164
2003£108,831 £1,572 189
2002£92,451 £1,309 179
2001£69,296 £1,045 193
2000£61,462 £905 212
1999£52,824 £745 229
1998£46,490 £683 176
1997£43,972 £630 167
1996£38,917 £583 139
1995£39,943 £580 108
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,964 £4,763 14
2023£286,312 £3,522 25
2022£278,306 £3,509 36
2021£245,689 £3,018 45
2020£224,330 £2,851 34
2019£206,246 £2,786 36
2018£240,967 £2,888 37
2017£245,100 £2,864 30
2016£228,426 £2,697 64
2015£196,232 £2,434 58
2014£188,883 £2,124 50
2013£166,690 £2,055 39
2012£162,538 £1,896 40
2011£155,303 £1,917 32
2010£144,537 £1,856 27
2009£141,833 £1,804 39
2008£144,491 £1,783 29
2007£162,344 £2,018 55
2006£151,464 £2,012 64
2005£138,981 £1,984 62
2004£137,876 £1,726 61
2003£123,128 £1,658 41
2002£96,948 £1,297 41
2001£79,599 £1,047 47
2000£70,716 £894 47
1999£61,890 £736 44
1998£50,078 £684 46
1997£49,959 £588 36
1996£42,926 £579 36
1995£49,476 £622 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,071 £2,547 14
2023£158,613 £2,950 31
2022£167,958 £3,017 48
2021£156,167 £2,926 36
2020£136,838 £2,602 34
2019£170,430 £2,886 41
2018£157,435 £2,960 46
2017£134,268 £2,714 57
2016£151,643 £2,584 96
2015£127,551 £2,205 58
2014£137,915 £2,240 80
2013£103,652 £1,906 25
2012£87,191 £1,792 17
2011£103,375 £2,001 8
2010£86,845 £1,920 21
2009£84,438 £1,708 13
2008£110,523 £2,106 16
2007£123,182 £2,426 52
2006£109,427 £2,382 64
2005£106,628 £2,260 39
2004£105,385 £2,200 63
2003£101,481 £2,086 104
2002£94,070 £1,867 109
2001£56,197 £1,243 35
2000£48,807 £1,119 28
1999£37,896 £940 43
1998£33,137 £774 39
1997£33,840 £772 42
1996£32,146 £705 35
1995£34,878 £808 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£502,5002
2023£404,500 £6,453 5
2022£322,833 £3,918 9
2021£280,750 £3,481 4
2020£281,688 £2,531 8
2019£311,750 £2,952 8
2018£280,545 £3,496 11
2017£286,500 £3,393 5
2016£303,968 £2,757 16
2015£254,660 £2,499 23
2014£197,099 £2,239 30
2013£202,499 £2,110 15
2012£186,310 £2,091 8
2011£191,999 £1,858 8
2010£172,749 £1,925 8
2009£186,667 £1,723 6
2008£208,333 £2,679 3
2007£195,750 £2,164 13
2006£179,214 £1,872 11
2005£185,499 £2,092 6
2004£163,499 £1,915 6
2003£150,549 £1,381 9
2002£153,146 £1,403 9
2001£107,750 £1,102 16
2000£106,738 £875 4
1999£98,417 £865 6
1998£79,333 £1,470 6
1997£55,623 £601 9
1996£31,500 £766 2
1995£66,998 £480 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,500 £3,918 1
2023£250,0002
2022£480,766 £7,170 9
2021£583,000 £2,470 5
2020£137,625 £10,686 4
2019£768,271 £971 7
2018£282,600 £2,021 5
2017£185,125 £2,226 7
2016£192,560 £3,973 5
2015£443,5002
2013£1,409,733 £27,380 3

House Type in CO1 2EG area

The most common house types in the CO1 2EG postcode area are Semi-detached (56), Terraced (51), and Flat (13).

Total135
Semi-detached56
Terraced51
Flat13
Detached12
Shared house3
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (50), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan50
Owned: Owns outright38
Private rented: Private landlord or letting agency31
Social rented: Rents from council or Local Authority6
Social rented: Other social rented3
Private rented: Other private rented3
Lives rent free2
Shared ownership: Shared ownership1
Does not apply0

Number of People in a Household

The most houses in the CO1 2EG have 2 people in household (62), and 1 person in household (35).

2 people in household62
1 person in household35
4 people in household18
3 people in household10
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0