Housing Market Analysis for MERSEA ROAD, CO2 8PP

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

Overview of Sold House prices

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

Detached
- The average price is around £173,044 median price is £152,995 Standard Deviation is £101,544 with Total Sold: 11
- The Last 5 Year average price is £363,500 with Total Sold: 2
- The most recent sale happened at this postcode is 281 MERSEA ROAD: £350,000 (Sold on 10 Jun 2021)
- The first recorded sale happened at this postcode is 281 MERSEA ROAD: £54,000 (Sold on 15 Mar 1996)
Semi-Detached
- The average price is around £191,827 median price is £180,500 Standard Deviation is £89,117 with Total Sold: 16
- The most recent sale happened at this postcode is 265 MERSEA ROAD: £350,000 (Sold on 19 Dec 2018)
- The first recorded sale happened at this postcode is 259 MERSEA ROAD: £71,250 (Sold on 13 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CO2 8PP 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£350,000	£4,573	1
2020	£377,000	£2,432	1
2010	£220,000	£2,875	1
2004	£176,498	£2,081	2
2001	£132,498	£987	2
2000	£87,000	£1,176	1
1999	£98,748	£900	2
1996	£54,000	£557	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£301,667	£2,817	3
2016	£250,000	£3,016	1
2015	£320,000	£2,560	1
2013	£239,995	£1,714	1
2010	£186,000	£2,244	1
2006	£175,000	£1,250	1
2004	£194,998	£1,416	2
2003	£165,000	£1,341	1
2002	£146,000		1
1999	£87,995	£715	1
1997	£73,000		1
1996	£60,000		1
1995	£71,250		1

All the Sales in the MERSEA ROAD, CO2 8PP

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

Address	Sold Date	Price	% Change
281 MERSEA ROADDetached, FreeholdArea: 76.53 Sq.mtrAge: 1900-1929	10 Jun 2021	£350,000	59.09%
	09 Apr 2010	£220,000	15.79%
	15 Oct 2004	£189,995	251.84%
	15 Mar 1996	£54,000	First Sale
275 MERSEA ROADDetached, FreeholdArea: 155 Sq.mtrAge: 1930-1949	14 Oct 2020	£377,000	146.41%
	12 Oct 2001	£152,995	24.39%
	08 Oct 1999	£122,995	First Sale
265 MERSEA ROADSemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1930-1949	19 Dec 2018	£350,000	112.12%
	10 Dec 2003	£165,000	87.51%
	07 May 1999	£87,995	First Sale
267 MERSEA ROADSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1930-1949	01 Jun 2018	£315,000	96.88%
	05 Apr 2004	£159,995	First Sale
271 MERSEA ROADSemi-Detached, Freehold	09 Feb 2018	£240,000	228.77%
	28 Feb 1997	£73,000	21.67%
	06 Mar 1996	£60,000	First Sale
269 MERSEA ROADSemi-Detached, FreeholdArea: 82.9 Sq.mtrAge: 1930-1949	13 May 2016	£250,000	34.41%
	13 Oct 2010	£186,000	First Sale
287 MERSEA ROADSemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1930-1949	27 May 2015	£320,000	First Sale
273 MERSEA ROADSemi-Detached, FreeholdArea: 140 Sq.mtrAge: 1930-1949	14 Jan 2013	£239,995	37.14%
	25 Aug 2006	£175,000	First Sale
259 MERSEA ROADSemi-Detached, Freehold	23 Nov 2004	£230,000	222.81%
259 MERSEA ROADSemi-Detached, Freehold	13 Apr 1995	£71,250	First Sale
283 MERSEA ROADDetached, FreeholdArea: 74 Sq.mtrAge: 1900-1929	22 Oct 2004	£163,000	87.36%
	24 Jul 2000	£87,000	16.78%
	23 Jul 1999	£74,500	First Sale
285 MERSEA ROADSemi-Detached, Freehold	30 Aug 2002	£146,000	First Sale
279 MERSEA ROADDetached, Freehold	05 Feb 2001	£112,000	First Sale

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

MERSEA ROAD, CO2 8PP Near By properties

Interactive Map

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

Terraced
- The average price is around £148,189 median price is £142,500 Standard Deviation is £71,065 with Total Sold: 785
- The Last 5 Year average price is £246,172 with Total Sold: 135
- 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 £154,708 median price is £145,000 Standard Deviation is £78,762 with Total Sold: 1,044
- The Last 5 Year average price is £263,687 with Total Sold: 156
- 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 £107,446 median price is £110,000 Standard Deviation is £46,892 with Total Sold: 585
- The Last 5 Year average price is £157,326 with Total Sold: 89
- The most recent sale happened at this postcode is , 61 LETHE GROVE: £152,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 63 LETHE GROVE: £31,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £207,462 median price is £210,000 Standard Deviation is £97,782 with Total Sold: 314
- The Last 5 Year average price is £329,731 with Total Sold: 52
- 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 £273,206 median price is £215,000 Standard Deviation is £221,439 with Total Sold: 17
- The Last 5 Year average price is £214,833 with Total Sold: 9
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£264,611	£3,436	9
2023	£257,952	£3,490	21
2022	£279,660	£3,574	25
2021	£230,692	£3,001	31
2020	£226,174	£2,826	23
2019	£234,223	£2,715	26
2018	£229,600	£2,815	30
2017	£218,358	£2,620	24
2016	£208,969	£2,600	33
2015	£180,634	£2,245	41
2014	£152,125	£2,027	44
2013	£139,500	£1,902	22
2012	£132,088	£1,913	17
2011	£136,475	£1,780	20
2010	£144,167	£1,896	15
2009	£141,943	£1,868	25
2008	£127,477	£1,740	11
2007	£157,780	£2,031	48
2006	£131,222	£1,843	38
2005	£129,368	£1,776	28
2004	£126,533	£1,678	28
2003	£112,923	£1,540	26
2002	£89,497	£1,165	29
2001	£72,190	£965	40
2000	£65,432	£892	22
1999	£55,049	£695	29
1998	£47,091	£660	23
1997	£46,757	£605	28
1996	£44,515	£641	16
1995	£40,703	£588	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,929	£3,407	14
2023	£282,662	£3,330	34
2022	£292,572	£3,669	20
2021	£250,117	£3,125	30
2020	£245,470	£2,838	33
2019	£244,328	£2,740	25
2018	£238,398	£2,942	49
2017	£233,892	£2,832	37
2016	£221,155	£2,661	34
2015	£194,609	£2,199	32
2014	£162,463	£2,068	31
2013	£156,046	£1,931	26
2012	£151,173	£1,873	26
2011	£147,089	£1,750	27
2010	£149,235	£1,964	17
2009	£154,704	£1,749	35
2008	£170,648	£1,938	30
2007	£178,724	£2,123	55
2006	£157,472	£1,914	61
2005	£137,368	£1,728	41
2004	£138,830	£1,803	39
2003	£121,212	£1,474	53
2002	£103,226	£1,184	44
2001	£78,633	£970	45
2000	£66,370	£815	36
1999	£60,469	£755	41
1998	£51,734	£646	36
1997	£49,851	£611	51
1996	£46,233	£531	23
1995	£47,800	£742	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£163,500		8
2023	£176,462	£2,991	13
2022	£164,881	£2,853	21
2021	£161,921	£2,587	19
2020	£139,231	£2,391	13
2019	£136,733	£2,276	15
2018	£146,000	£2,399	19
2017	£131,984	£2,329	16
2016	£129,358	£2,267	21
2015	£115,324	£2,042	21
2014	£116,633	£1,921	15
2013	£104,012	£1,614	16
2012	£88,958	£1,350	6
2011	£83,781	£1,407	8
2010	£94,332	£1,705	3
2009	£96,876	£1,652	10
2008	£119,315	£1,974	34
2007	£137,053	£2,277	61
2006	£127,247	£2,258	56
2005	£122,320	£2,303	37
2004	£90,087	£1,651	16
2003	£76,978	£1,385	23
2002	£61,817	£1,047	22
2001	£51,445	£945	27
2000	£42,959	£816	15
1999	£36,393	£678	19
1998	£34,178	£583	16
1997	£29,965	£563	16
1996	£28,812	£587	12
1995	£31,839	£551	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£347,500	£3,455	4
2023	£332,857	£3,922	7
2022	£374,333	£3,905	6
2021	£334,385	£3,355	13
2020	£310,462	£3,192	13
2019	£310,778	£2,931	9
2018	£302,500	£2,863	13
2017	£291,111	£2,702	9
2016	£264,394	£2,828	19
2015	£225,286	£2,219	7
2014	£231,350	£2,251	10
2013	£223,893	£2,103	7
2012	£195,749	£1,997	6
2011	£213,864	£2,231	11
2010	£207,958	£2,080	12
2009	£202,283	£1,749	15
2008	£203,989	£2,051	11
2007	£233,479	£2,207	23
2006	£215,240	£2,103	17
2005	£163,917	£1,994	6
2004	£170,079	£1,956	12
2003	£170,450	£1,498	10
2002	£105,792	£1,308	6
2001	£93,446	£1,149	14
2000	£88,416	£1,131	6
1999	£80,115	£846	13
1998	£70,161	£745	12
1997	£77,416	£681	6
1996	£65,304	£647	11
1995	£60,832	£666	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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
2017	£128,000	£2,133	1
2016	£196,500	£3,041	4

House Type in CO2 8PP area

The most common house types in the CO2 8PP postcode area are Semi-detached (81), Terraced (36), and Detached (13).

Total	131
Semi-detached	81
Terraced	36
Detached	13
Shared house	1
Flat	0
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 (46), and Owned: Owns outright (42).

Owned: Owns with a mortgage or loan	46
Owned: Owns outright	42
Social rented: Rents from council or Local Authority	26
Private rented: Private landlord or letting agency	13
Social rented: Other social rented	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CO2 8PP have 2 people in household (44), and 1 person in household (37).

2 people in household	44
1 person in household	37
3 people in household	18
5 people in household	15
4 people in household	14
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0