Housing Market Analysis for QUEEN ELIZABETH WAY, CO2 8LU

Are you looking to understand CO2 8LU 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 CO2 8LU area, explore the CO2 8LU Area information page.
For comprehensive crime statistics in the CO2 8LU area, explore the CO2 8LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO2 8LU postcode area, The average prices are as follows,

  • Flat
    • The average price is around £68,329 median price is £59,250 Standard Deviation is £45,736 with Total Sold: 7
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 1, STURMER COURT QUEEN ELIZABETH WAY: £170,000 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is FLAT 7, STURMER COURT QUEEN ELIZABETH WAY: £34,000 (Sold on 20 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average CO2 8LU 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
2023£170,000 £2,742 1
2011£68,750 £1,386 1
2005£84,000 £1,312 1
2002£59,250 £956 1
1998£32,100 £569 3

All the Sales in the QUEEN ELIZABETH WAY, CO2 8LU

See the table below for more details on the sold house prices in the CO2 8LU, Colchester postcode.

AddressSold DatePrice% Change
FLAT 1, STURMER COURT QUEEN ELIZABETH WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 1976-198206 Sep 2023£170,000186.92%
08 Feb 2002£59,25067.85%
06 Jul 1998£35,300First Sale
FLAT 8, STURMER COURT QUEEN ELIZABETH WAYFlat, LeaseholdArea: 49.6 Sq.mtrAge: 1950-196621 Jan 2011£68,750First Sale
FLAT 3, STURMER COURT QUEEN ELIZABETH WAYFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-196631 Mar 2005£84,000First Sale
FLAT 12, STURMER COURT QUEEN ELIZABETH WAYFlat, Leasehold07 Aug 1998£27,000First Sale
FLAT 7, STURMER COURT QUEEN ELIZABETH WAYFlat, Leasehold20 Apr 1998£34,000First Sale

Check out the sold house prices near the CO2 8LU postcode. Properties currently for saleProperties currently for rent

QUEEN ELIZABETH WAY, CO2 8LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO2 8LU 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 CO2 8LU postcode.

  • Terraced
    • The average price is around £149,233 median price is £143,000 Standard Deviation is £71,149 with Total Sold: 759
    • The Last 5 Year average price is £250,425 with Total Sold: 104
    • The most recent sale happened at this postcode is , 54 FINCHINGFIELD WAY: £293,500 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 16A WETHERSFIELD ROAD: £40,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £154,101 median price is £145,000 Standard Deviation is £78,827 with Total Sold: 1,022
    • The Last 5 Year average price is £268,964 with Total Sold: 127
    • The most recent sale happened at this postcode is , 21 QUEENSLAND DRIVE: £205,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 76 ADELAIDE DRIVE: £44,500 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £119,122 median price is £124,995 Standard Deviation is £45,706 with Total Sold: 409
    • The Last 5 Year average price is £169,446 with Total Sold: 56
    • The most recent sale happened at this postcode is FLAT 1, BLENHEIM BLENHEIM DRIVE: £175,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is 7, MARYLAND COURT BRISBANE WAY: £28,775 (Sold on 10 Mar 1995)
  • Detached
    • The average price is around £210,210 median price is £213,500 Standard Deviation is £96,648 with Total Sold: 281
    • The Last 5 Year average price is £341,892 with Total Sold: 37
    • The most recent sale happened at this postcode is , 5 CHESTNUT AVENUE: £380,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 211 MERSEA ROAD: £74,500 (Sold on 08 Mar 1995)
  • Other
    • The average price is around £282,281 median price is £223,250 Standard Deviation is £225,166 with Total Sold: 16
    • The Last 5 Year average price is £197,214 with Total Sold: 7
    • The most recent sale happened at this postcode is , 53 WILLIAM HARRIS WAY: £115,000 (Sold on 14 Apr 2023)
    • The first recorded sale happened at this postcode is , 15 BLACKHEATH: £540,000 (Sold on 26 Aug 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,688 £3,436 8
2023£258,263 £3,508 19
2022£279,660 £3,574 25
2021£234,008 £2,980 30
2020£226,545 £2,831 22
2019£234,223 £2,715 26
2018£229,845 £2,831 29
2017£218,224 £2,603 25
2016£210,333 £2,573 33
2015£180,634 £2,245 41
2014£152,712 £2,018 40
2013£140,450 £1,894 20
2012£134,031 £1,917 16
2011£136,929 £1,765 21
2010£144,167 £1,896 15
2009£142,316 £1,879 24
2008£127,477 £1,740 11
2007£157,907 £2,019 49
2006£131,179 £1,866 36
2005£131,452 £1,757 25
2004£126,533 £1,678 28
2003£113,956 £1,518 23
2002£90,015 £1,162 28
2001£73,671 £972 37
2000£67,286 £897 21
1999£55,480 £690 28
1998£47,731 £663 22
1997£47,200 £598 30
1996£44,765 £630 16
1995£40,240 £571 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,154 £3,407 13
2023£285,897 £3,359 34
2022£290,234 £3,679 19
2021£253,194 £3,195 31
2020£246,450 £2,888 30
2019£243,096 £2,747 23
2018£236,767 £2,984 45
2017£235,205 £2,840 39
2016£218,670 £2,645 34
2015£193,482 £2,175 28
2014£161,201 £2,085 29
2013£156,046 £1,931 26
2012£151,173 £1,873 26
2011£148,442 £1,723 28
2010£147,676 £1,986 17
2009£155,240 £1,727 36
2008£174,051 £1,921 28
2007£178,126 £2,121 54
2006£156,894 £1,911 59
2005£137,419 £1,711 42
2004£140,062 £1,803 38
2003£122,289 £1,484 51
2002£101,953 £1,182 44
2001£79,034 £995 43
2000£66,806 £815 37
1999£59,987 £750 39
1998£51,117 £655 38
1997£49,998 £603 50
1996£46,040 £520 21
1995£47,960 £727 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£193,2005
2023£182,900 £3,061 10
2022£173,178 £2,925 14
2021£163,139 £2,584 18
2020£148,111 £2,412 9
2019£137,846 £2,282 13
2018£155,308 £2,453 13
2017£135,019 £2,355 13
2016£129,035 £2,177 17
2015£119,720 £2,007 15
2014£124,958 £1,959 12
2013£105,131 £1,621 13
2012£87,450 £1,275 5
2011£75,688 £1,341 4
2010£96,500 £1,497 2
2009£98,395 £1,619 7
2008£120,723 £1,992 30
2007£142,945 £2,312 51
2006£131,528 £2,326 49
2005£129,632 £2,430 29
2004£91,428 £1,591 7
2003£72,500 £1,176 9
2002£59,582 £1,002 12
2001£54,430 £926 11
2000£44,437 £789 8
1999£36,997 £607 10
1998£35,267 £630 9
1997£29,824 £509 6
1996£29,374 £470 4
1995£31,6944
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,500 £3,455 4
2023£348,333 £3,865 6
2022£377,200 £3,929 5
2021£345,800 £3,260 10
2020£318,833 £3,208 12
2019£312,125 £2,903 8
2018£305,955 £2,772 11
2017£291,111 £2,702 9
2016£269,794 £2,749 17
2015£238,667 £2,157 6
2014£231,350 £2,251 10
2013£223,893 £2,103 7
2012£195,749 £1,997 6
2011£210,350 £2,243 10
2010£207,958 £2,080 12
2009£192,803 £1,749 14
2008£203,989 £2,051 11
2007£246,614 £2,178 20
2006£217,598 £2,055 16
2005£162,200 £1,774 5
2004£167,938 £2,035 9
2003£157,722 £1,437 9
2002£105,792 £1,308 6
2001£96,478 £1,139 12
2000£91,100 £1,147 5
1999£81,874 £847 12
1998£70,271 £721 9
1997£74,399 £681 5
1996£62,778 £614 9
1995£60,832 £666 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£222,333 £3,125 3
2021£164,250 £2,930 2
2020£192,500 £2,967 2
2019£276,500 £3,573 2
2018£599,000 £6,358 3
2016£196,500 £3,041 4

House Type in CO2 8LU area

The most common house types in the CO2 8LU postcode area are Flat (58), Semi-detached (24), and Detached (17).

Total111
Flat58
Semi-detached24
Detached17
Terraced12
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (37), and Owned: Owns outright (26).

Social rented: Rents from council or Local Authority37
Owned: Owns outright26
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency16
Social rented: Other social rented4
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the CO2 8LU have 2 people in household (45), and 1 person in household (28).

2 people in household45
1 person in household28
3 people in household17
4 people in household11
5 people in household8
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0