Housing Market Analysis for WALLACE ROAD, CO4 5GP

Are you looking to understand CO4 5GP 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 CO4 5GP area, explore the CO4 5GP Area information page.
For comprehensive crime statistics in the CO4 5GP area, explore the CO4 5GP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO4 5GP postcode area, The average prices are as follows,

Flat
- The average price is around £147,664 median price is £144,000 Standard Deviation is £25,574 with Total Sold: 115
- The Last 5 Year average price is £185,179 with Total Sold: 14
- The most recent sale happened at this postcode is 7 WALLACE ROAD: £215,000 (Sold on 11 Sep 2023)
- The first recorded sale happened at this postcode is 16 WALLACE ROAD: £114,995 (Sold on 31 Jan 2003)
Other
- The average price is around £162,250 median price is £162,250 Standard Deviation is £10,250 with Total Sold: 2
- The Last 5 Year average price is £152,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 WALLACE ROAD: £152,000 (Sold on 10 Sep 2020)
- The first recorded sale happened at this postcode is 37 WALLACE ROAD: £172,500 (Sold on 15 Feb 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 5GP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£213,333	£2,583	3
2022	£197,300	£2,934	5
2021	£163,000	£2,853	3
2020	£159,000	£2,677	3
2019	£190,000	£2,958	2
2018	£183,500	£2,617	3
2017	£181,500	£2,673	3
2016	£160,000	£2,650	3
2015	£134,000	£2,542	3
2014	£146,500	£2,090	1
2013	£108,500	£2,164	1
2012	£113,667	£1,884	3
2011	£121,500	£1,821	3
2010	£135,000	£1,577	1
2008	£142,000	£2,076	3
2007	£146,100	£2,206	5
2006	£138,500	£2,214	12
2005	£145,917	£2,195	6
2004	£154,833	£1,997	3
2003	£138,324	£2,154	49

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£152,000	£2,980	1
2019	£172,500	£2,782	1

All the Sales in the WALLACE ROAD, CO4 5GP

See the table below for more details on the sold house prices in the CO4 5GP, Colchester postcode.

Address	Sold Date	Price	% Change
7 WALLACE ROADFlat, LeaseholdArea: 81.9 Sq.mtrAge: 2003-2006	11 Sep 2023	£215,000	0.0
	11 Sep 2023	£215,000	0.0
	25 Jan 2019	£215,000	11.98%
	27 Nov 2017	£192,000	47.69%
	12 Apr 2012	£130,000	-11.86%
	31 Mar 2006	£147,500	0.34%
	22 May 2003	£146,995	First Sale
32 WALLACE ROADFlat, LeaseholdArea: 84 Sq.mtrAge: 2003-2006	29 Jun 2023	£210,000	33.78%
32 WALLACE ROADFlat, LeaseholdArea: 84 Sq.mtrAge: 2003-2006	02 Apr 2003	£156,976	First Sale
5 WALLACE ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	27 Jul 2022	£167,500	30.86%
	25 Jul 2006	£128,000	0.79%
	05 Jun 2003	£126,995	First Sale
3 WALLACE ROADFlat, LeaseholdArea: 70.4 Sq.mtrAge: 2003-2006	29 Apr 2022	£220,000	18.60%
	21 Feb 2018	£185,500	22.04%
	05 Apr 2004	£152,000	-1.94%
	30 Jan 2004	£155,000	29.17%
	30 May 2003	£120,000	First Sale
28 WALLACE ROADFlat, LeaseholdArea: 87 Sq.mtrAge: 2003-2006	31 Mar 2022	£210,000	34.62%
28 WALLACE ROADFlat, LeaseholdArea: 87 Sq.mtrAge: 2003-2006	27 Mar 2003	£155,995	First Sale
18 WALLACE ROADFlat, LeaseholdArea: 92 Sq.mtrAge: 2003-2006	25 Feb 2022	£226,000	51.68%
	18 May 2007	£149,000	-18.58%
	28 Feb 2003	£182,995	First Sale
39 WALLACE ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	31 Jan 2022	£163,000	25.39%
39 WALLACE ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	29 May 2003	£129,995	First Sale
1 WALLACE ROADFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	09 Sep 2021	£155,000	13.97%
	14 Jun 2007	£136,000	1.49%
	09 Jun 2006	£134,000	3.08%
	22 May 2003	£130,000	First Sale
8 WALLACE ROADFlat, LeaseholdArea: 70.1 Sq.mtrAge: 2003-2006	24 Feb 2021	£170,000	16.04%
	23 Oct 2014	£146,500	1.74%
	12 Oct 2006	£144,000	2.86%
	28 Feb 2003	£139,995	First Sale
19 WALLACE ROADFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	08 Jan 2021	£164,000	23.31%
	21 Dec 2007	£133,000	3.10%
	04 Sep 2006	£129,000	-2.27%
	22 May 2003	£131,995	First Sale
14 WALLACE ROADFlat, LeaseholdArea: 87 Sq.mtrAge: 2003-2006	17 Dec 2020	£174,000	-3.86%
	28 Feb 2003	£180,995	0.55%
	23 Feb 2003	£180,000	First Sale
9 WALLACE ROADOther, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	10 Sep 2020	£152,000	26.67%
9 WALLACE ROADOther, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	30 May 2003	£120,000	First Sale
26 WALLACE ROADFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	28 Aug 2020	£150,000	20.00%
26 WALLACE ROADFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	27 Mar 2003	£124,995	First Sale
47 WALLACE ROADFlat, LeaseholdArea: 49.53 Sq.mtrAge: 2003-2006	26 May 2020	£153,000	27.50%
	30 May 2003	£120,000	First Sale
29 WALLACE ROADFlat, LeaseholdArea: 50.13 Sq.mtrAge: 2003-2006	06 Dec 2019	£165,000	29.92%
	06 Aug 2015	£127,000	17.05%
	17 May 2013	£108,500	-15.23%
	16 Jun 2006	£128,000	0.79%
	13 Jun 2003	£126,995	First Sale
37 WALLACE ROADOther, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	15 Feb 2019	£172,500	-4.17%
	28 Sep 2018	£180,000	20.00%
	28 Jun 2005	£150,000	15.38%
	13 Jun 2003	£130,000	First Sale
12 WALLACE ROADFlat, LeaseholdArea: 80 Sq.mtrAge: 1996-2002	28 Sep 2018	£185,000	32.15%
12 WALLACE ROADFlat, LeaseholdArea: 80 Sq.mtrAge: 1996-2002	28 Feb 2003	£139,995	First Sale
27 WALLACE ROADFlat, LeaseholdArea: 74.85 Sq.mtrAge: 2003-2006	30 Jun 2017	£177,500	18.33%
	30 Jun 2003	£150,000	First Sale
34 WALLACE ROADFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	07 Jun 2017	£175,000	76.77%
	26 Oct 2012	£99,000	-23.85%
	20 Apr 2006	£130,000	8.34%
	27 Mar 2003	£119,995	First Sale
44 WALLACE ROADFlat, LeaseholdArea: 49.67 Sq.mtrAge: 2003-2006	02 Dec 2016	£150,000	40.19%
	10 Jun 2011	£107,000	-13.71%
	14 Mar 2008	£124,000	-3.12%
	28 Mar 2003	£127,995	First Sale
35 WALLACE ROADFlat, LeaseholdArea: 85 Sq.mtrAge: 2003-2006	31 Aug 2016	£185,000	18.97%
	06 Oct 2006	£155,500	-3.42%
	30 Mar 2005	£161,000	15.00%
	20 Jun 2003	£140,000	First Sale
16 WALLACE ROADFlat, LeaseholdArea: 52.66 Sq.mtrAge: 2003-2006	31 Mar 2016	£145,000	26.09%
	31 Jan 2003	£114,995	First Sale
33 WALLACE ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1996-2002	22 Jun 2015	£137,000	3.01%
33 WALLACE ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1996-2002	29 May 2003	£132,995	First Sale
30 WALLACE ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 2003-2006	18 Mar 2015	£138,000	1.85%
	30 Jun 2005	£135,500	6.70%
	27 Mar 2003	£126,995	First Sale
48 WALLACE ROADFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	07 Nov 2012	£112,000	-13.84%
48 WALLACE ROADFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	28 Mar 2003	£129,995	First Sale
24 WALLACE ROADFlat, LeaseholdArea: 77.85 Sq.mtrAge: 2003-2006	31 Oct 2011	£125,000	-5.66%
	28 Oct 2011	£132,500	-14.24%
	24 Aug 2007	£154,500	12.78%
	17 Mar 2003	£136,995	First Sale
45 WALLACE ROADFlat, LeaseholdArea: 85.6 Sq.mtrAge: 2003-2006	12 May 2010	£135,000	-6.90%
	06 Dec 2005	£145,000	-2.02%
	30 Jun 2003	£147,995	First Sale
22 WALLACE ROADFlat, LeaseholdArea: 88.24 Sq.mtrAge: 2003-2006	28 Feb 2008	£146,000	-6.41%
	28 Feb 2003	£155,995	First Sale
36 WALLACE ROADFlat, Leasehold	04 Jan 2008	£156,000	-5.45%
36 WALLACE ROADFlat, Leasehold	27 Mar 2003	£164,995	First Sale
38 WALLACE ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	13 Apr 2007	£158,000	12.86%
38 WALLACE ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	28 Mar 2003	£139,995	First Sale
2 WALLACE ROADFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	17 Jul 2006	£134,000	1.52%
	15 Apr 2005	£132,000	20.01%
	03 Apr 2003	£109,995	First Sale
11 WALLACE ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 2003-2006	05 May 2006	£145,000	-4.61%
	28 Jun 2005	£152,000	3.40%
	22 May 2003	£146,995	First Sale
41 WALLACE ROADFlat, LeaseholdArea: 87 Sq.mtrAge: 2007-2011	17 Mar 2006	£149,000	14.62%
41 WALLACE ROADFlat, LeaseholdArea: 87 Sq.mtrAge: 2007-2011	30 Jun 2003	£130,000	First Sale
40 WALLACE ROADFlat, Leasehold	03 Mar 2006	£138,000	8.67%
40 WALLACE ROADFlat, Leasehold	28 Mar 2003	£126,995	First Sale
46 WALLACE ROADFlat, LeaseholdArea: 96.57 Sq.mtrAge: 2003-2006	19 Nov 2004	£157,500	13.72%
	28 Mar 2003	£138,500	First Sale
31 WALLACE ROADFlat, Leasehold	25 Jul 2003	£160,995	First Sale
13 WALLACE ROADFlat, LeaseholdArea: 74 Sq.mtrAge: 2003-2006	30 Jun 2003	£140,000	First Sale
23 WALLACE ROADFlat, LeaseholdArea: 79.6 Sq.mtrAge: 2003-2006	18 Jun 2003	£139,995	First Sale
43 WALLACE ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	30 May 2003	£139,995	First Sale
25 WALLACE ROADFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-1995	29 May 2003	£137,995	First Sale
17 WALLACE ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	23 May 2003	£156,068	First Sale
21 WALLACE ROADFlat, LeaseholdArea: 74 Sq.mtrAge: 2003-2006	23 May 2003	£150,000	First Sale
15 WALLACE ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 2003-2006	22 May 2003	£130,500	First Sale
6 WALLACE ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	03 Apr 2003	£112,995	First Sale
42 WALLACE ROADFlat, LeaseholdArea: 86.4 Sq.mtrAge: 1996-2002	28 Mar 2003	£146,995	First Sale
20 WALLACE ROADFlat, LeaseholdArea: 49.5 Sq.mtrAge: 2003-2006	17 Mar 2003	£117,995	First Sale
4 WALLACE ROADFlat, LeaseholdArea: 80.21 Sq.mtrAge: 2003-2006	28 Feb 2003	£142,995	First Sale
10 WALLACE ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 2003-2006	28 Feb 2003	£114,995	First Sale

Check out the sold house prices near the CO4 5GP postcode. Properties currently for saleProperties currently for rent

WALLACE ROAD, CO4 5GP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO4 5GP 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 CO4 5GP postcode.

Semi-Detached
- The average price is around £169,627 median price is £167,500 Standard Deviation is £82,463 with Total Sold: 927
- The Last 5 Year average price is £286,127 with Total Sold: 106
- The most recent sale happened at this postcode is , 19 BERGHOLT ROAD: £217,500 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 249 MILE END ROAD: £43,000 (Sold on 03 Jan 1995)
Flat
- The average price is around £160,727 median price is £150,000 Standard Deviation is £54,065 with Total Sold: 642
- The Last 5 Year average price is £211,804 with Total Sold: 97
- The most recent sale happened at this postcode is , 59 BRADFORD DRIVE: £175,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 28 PETO AVENUE: £44,150 (Sold on 27 Mar 1998)
Terraced
- The average price is around £189,875 median price is £194,950 Standard Deviation is £79,716 with Total Sold: 1,056
- The Last 5 Year average price is £294,244 with Total Sold: 120
- The most recent sale happened at this postcode is , 3 JADE GARDENS: £350,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 98 BERGHOLT ROAD: £37,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £208,650 median price is £197,000 Standard Deviation is £99,611 with Total Sold: 692
- The Last 5 Year average price is £402,238 with Total Sold: 40
- The most recent sale happened at this postcode is , 50 THORNTON DRIVE: £475,000 (Sold on 04 Jun 2024)
- The first recorded sale happened at this postcode is , 3 WRYNECK CLOSE: £76,000 (Sold on 24 Feb 1995)
Other
- The average price is around £3,718,390 median price is £346,750 Standard Deviation is £7,820,438 with Total Sold: 14
- The Last 5 Year average price is £7,004,859 with Total Sold: 7
- The most recent sale happened at this postcode is , ASDA, 9 PETROLEA CLOSE: £29,563,239 (Sold on 10 Aug 2023)
- The first recorded sale happened at this postcode is , 216 TURNER ROAD: £1,280,000 (Sold on 05 Feb 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,222	£3,315	9
2023	£310,700	£3,814	20
2022	£310,441	£3,914	17
2021	£268,935	£3,630	39
2020	£261,645	£3,214	21
2019	£259,690	£3,009	21
2018	£283,604	£3,586	24
2017	£252,728	£3,141	21
2016	£252,243	£2,980	31
2015	£212,498	£2,574	27
2014	£195,928	£2,485	21
2013	£176,643	£2,276	21
2012	£173,621	£2,253	28
2011	£181,720	£2,318	15
2010	£186,583	£2,195	30
2009	£159,715	£2,272	20
2008	£184,938	£2,202	20
2007	£209,670	£2,410	38
2006	£191,098	£2,076	38
2005	£188,445	£2,113	52
2004	£167,178	£2,092	62
2003	£156,556	£1,853	72
2002	£117,008	£1,369	31
2001	£95,728	£1,293	33
2000	£88,311	£1,239	38
1999	£68,266	£885	42
1998	£65,663	£921	35
1997	£60,761	£892	57
1996	£56,451	£739	27
1995	£54,617	£682	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£228,100	£3,827	5
2023	£178,231	£3,067	13
2022	£211,809	£3,429	34
2021	£221,607	£3,447	28
2020	£216,529	£2,963	17
2019	£195,338	£3,236	34
2018	£204,509	£3,232	55
2017	£163,041	£2,899	36
2016	£154,688	£2,742	41
2015	£144,395	£2,849	31
2014	£137,937	£2,461	40
2013	£135,882	£2,118	9
2012	£122,958	£2,099	12
2011	£119,875	£1,778	4
2010	£117,083	£1,853	6
2008	£156,755	£2,761	23
2007	£149,209	£2,557	76
2006	£139,498	£2,484	53
2005	£154,810	£2,665	19
2004	£145,268	£2,464	25
2003	£135,337	£2,162	60
2002	£94,600	£2,037	5
2001	£73,000	£1,245	2
2000	£78,234	£1,175	11
1999	£55,472	£1,511	2
1998	£44,150	£761	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£311,000	£3,733	10
2023	£314,977	£3,699	22
2022	£313,181	£3,736	24
2021	£286,038	£3,284	39
2020	£263,918	£3,145	25
2019	£262,886	£3,012	22
2018	£255,566	£3,138	34
2017	£243,118	£2,905	34
2016	£243,559	£2,795	56
2015	£237,051	£2,580	72
2014	£220,141	£2,366	51
2013	£207,660	£2,265	78
2012	£183,914	£2,267	53
2011	£186,987	£2,187	51
2010	£205,843	£2,020	8
2009	£152,087	£2,205	23
2008	£185,565	£2,102	23
2007	£205,741	£2,295	29
2006	£186,397	£2,285	41
2005	£185,535	£2,138	53
2004	£180,053	£2,246	55
2003	£157,126	£2,105	49
2002	£99,063	£1,512	31
2001	£98,288	£1,396	19
2000	£76,784	£1,204	20
1999	£68,705	£1,003	32
1998	£64,356	£1,067	46
1997	£59,590	£923	26
1996	£49,146	£715	17
1995	£43,842	£591	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£463,125	£3,729	4
2023	£387,583	£3,961	6
2022	£405,833	£4,201	6
2021	£368,667	£3,605	12
2020	£421,042	£3,168	12
2019	£348,375	£3,527	12
2018	£362,577	£3,095	13
2017	£335,800	£3,480	15
2016	£335,219	£3,116	16
2015	£297,846	£3,259	13
2014	£270,323	£2,462	17
2013	£234,467	£2,436	17
2012	£239,305	£2,228	18
2011	£227,550	£2,406	10
2010	£230,719	£2,330	16
2009	£208,698	£2,199	20
2008	£245,400	£1,995	10
2007	£275,641	£2,196	29
2006	£252,718	£2,231	32
2005	£246,119	£2,052	43
2004	£234,666	£2,086	40
2003	£210,368	£1,914	40
2002	£177,537	£1,600	31
2001	£143,689	£1,435	44
2000	£125,628	£1,376	40
1999	£112,748	£1,127	40
1998	£113,896	£1,107	41
1997	£99,669	£1,005	63
1996	£98,052	£969	24
1995	£64,688	£757	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£14,786,620		2
2022	£346,250		2
2021	£9,486,000		1
2020	£4,641,138	£2,980	2
2019	£172,500	£2,782	1
2018	£361,250	£3,463	2
2017	£282,817	£5,906	3
2014	£1,280,000		1

House Type in CO4 5GP area

The most common house types in the CO4 5GP postcode area are Flat (73), Terraced (39), and Semi-detached (34).

Total	152
Flat	73
Terraced	39
Semi-detached	34
Detached	4
Shared house	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 Private rented: Private landlord or letting agency (56), and Social rented: Other social rented (55).

Private rented: Private landlord or letting agency	56
Social rented: Other social rented	55
Owned: Owns with a mortgage or loan	23
Owned: Owns outright	9
Social rented: Rents from council or Local Authority	5
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CO4 5GP have 3 people in household (45), and 2 people in household (35).

3 people in household	45
2 people in household	35
1 person in household	26
4 people in household	26
5 people in household	10
6 people in household	6
7 people in household	2
8 or more people in household	2
0 people in household	0