Housing Market Analysis for PROPELAIR WAY, CO4 5YS

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

Overview of Sold House prices

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

Flat
- The average price is around £166,153 median price is £173,498 Standard Deviation is £25,512 with Total Sold: 46
- The Last 5 Year average price is £178,550 with Total Sold: 10
- The most recent sale happened at this postcode is 9 PROPELAIR WAY: £192,000 (Sold on 21 Dec 2022)
- The first recorded sale happened at this postcode is 35 PROPELAIR WAY: £156,950 (Sold on 13 Dec 2006)
Terraced
- The average price is around £296,249 median price is £299,950 Standard Deviation is £34,767 with Total Sold: 10
- The Last 5 Year average price is £347,500 with Total Sold: 2
- The most recent sale happened at this postcode is 12 PROPELAIR WAY: £315,000 (Sold on 25 Feb 2021)
- The first recorded sale happened at this postcode is 14 PROPELAIR WAY: £380,000 (Sold on 05 Feb 2024)
Semi-Detached
- The average price is around £299,950 median price is £299,950 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 10 PROPELAIR WAY: £299,950 (Sold on 22 Aug 2007)
- The first recorded sale happened at this postcode is 10 PROPELAIR WAY: £299,950 (Sold on 22 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 5YS 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
2022	£191,000	£3,127	6
2021	£161,500	£2,588	3
2020	£155,000	£2,541	1
2019	£175,000	£2,991	1
2018	£163,000	£2,674	1
2017	£148,250	£2,415	4
2016	£165,000	£2,593	2
2015	£140,000	£1,818	1
2013	£65,000	£915	1
2010	£131,000	£2,167	1
2007	£174,988	£2,810	19
2006	£155,958	£2,550	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£315,000	£2,386	1
2017	£290,000	£2,197	1
2011	£249,995	£1,827	1
2008	£249,950	£1,785	1
2007	£295,509	£2,235	5
2024	£380,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£299,950	£1,718	1

All the Sales in the PROPELAIR WAY, CO4 5YS

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

Address	Sold Date	Price	% Change
9 PROPELAIR WAYFlat, Leasehold	21 Dec 2022	£192,000	0.0
	21 Dec 2022	£192,000	9.72%
	01 Oct 2007	£174,995	First Sale
19 PROPELAIR WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	14 Dec 2022	£197,000	189.71%
	05 May 2017	£68,000	First Sale
35 PROPELAIR WAYFlat, LeaseholdArea: 60.45 Sq.mtrAge: 2003-2006	27 Jul 2022	£190,000	45.04%
	08 Jul 2010	£131,000	-16.53%
	13 Dec 2006	£156,950	First Sale
25 PROPELAIR WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	20 Jul 2022	£200,000	33.38%
	21 Dec 2006	£149,950	First Sale
21 PROPELAIR WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards	11 Mar 2022	£175,000	0.00%
	19 Dec 2007	£174,995	First Sale
69 PROPELAIR WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	26 Aug 2021	£150,000	First Sale
13 PROPELAIR WAYFlat, LeaseholdArea: 58.5 Sq.mtrAge: 2007 onwards	23 Aug 2021	£179,500	2.57%
	31 Jan 2019	£175,000	1.16%
	20 Dec 2007	£172,995	First Sale
3 PROPELAIR WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 2007 onwards	05 Aug 2021	£155,000	-10.40%
	27 Sep 2007	£172,995	First Sale
12 PROPELAIR WAYTerraced, FreeholdArea: 132 Sq.mtrAge: 2007 onwards	25 Feb 2021	£315,000	8.62%
	08 Dec 2017	£290,000	-3.32%
	10 Aug 2007	£299,950	First Sale
31 PROPELAIR WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 2007 onwards	04 Nov 2020	£155,000	-11.40%
	22 Dec 2006	£174,950	First Sale
33 PROPELAIR WAYFlat, LeaseholdArea: 60.95 Sq.mtrAge: 2007 onwards	08 Jan 2018	£163,000	8.67%
	21 Dec 2006	£149,995	First Sale
23 PROPELAIR WAYFlat, LeaseholdArea: 61.1 Sq.mtrAge: 2007 onwards	01 Dec 2017	£180,000	4.05%
	21 Dec 2007	£172,995	First Sale
15 PROPELAIR WAYFlat, LeaseholdArea: 62.17 Sq.mtrAge: 2007 onwards	09 Nov 2017	£175,000	6.06%
	24 Dec 2007	£164,995	First Sale
29 PROPELAIR WAYFlat, LeaseholdArea: 61.05 Sq.mtrAge: 2003-2006	15 Feb 2017	£170,000	11.88%
	21 Dec 2006	£151,950	First Sale
26 PROPELAIR WAYFlat, LeaseholdArea: 69.12 Sq.mtrAge: 2007 onwards	16 Mar 2016	£165,000	-5.69%
	29 Jun 2007	£174,950	First Sale
28 PROPELAIR WAYFlat, LeaseholdArea: 58.94 Sq.mtrAge: 2007 onwards	11 Mar 2016	£165,000	-8.33%
	26 Oct 2007	£179,995	First Sale
30 PROPELAIR WAYFlat, LeaseholdArea: 77 Sq.mtrAge: 2007-2011	30 Jul 2015	£140,000	-26.31%
	26 Oct 2007	£189,995	First Sale
65 PROPELAIR WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	14 Nov 2013	£65,000	First Sale
16 PROPELAIR WAYTerraced, FreeholdArea: 136.8 Sq.mtrAge: 2007 onwards	25 Mar 2011	£249,995	-9.98%
	20 Jul 2007	£277,700	First Sale
14 PROPELAIR WAYTerraced, FreeholdArea: 140 Sq.mtrAge: 2007-2011	29 Feb 2008	£249,950	-34.22%
	05 Feb 2024	£380,000	First Sale
4 PROPELAIR WAYFlat, LeaseholdArea: 75 Sq.mtrAge: 1996-2002	20 Dec 2007	£173,000	-3.89%
4 PROPELAIR WAYFlat, LeaseholdArea: 75 Sq.mtrAge: 1996-2002	20 Dec 2007	£179,995	First Sale
17 PROPELAIR WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards	14 Dec 2007	£168,995	First Sale
6 PROPELAIR WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 2007 onwards	09 Oct 2007	£175,950	First Sale
8 PROPELAIR WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 2007 onwards	03 Oct 2007	£176,950	First Sale
1 PROPELAIR WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	02 Oct 2007	£172,995	First Sale
11 PROPELAIR WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 2007 onwards	01 Oct 2007	£174,995	First Sale
7 PROPELAIR WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	28 Sep 2007	£173,995	First Sale
5 PROPELAIR WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 2007 onwards	26 Sep 2007	£173,995	First Sale
10 PROPELAIR WAYSemi-Detached, FreeholdArea: 174.6 Sq.mtrAge: 2007 onwards	22 Aug 2007	£299,950	First Sale
18 PROPELAIR WAYTerraced, FreeholdArea: 136.2 Sq.mtrAge: 2007 onwards	17 Aug 2007	£299,950	First Sale
22 PROPELAIR WAYTerraced, FreeholdArea: 135.6 Sq.mtrAge: 2007 onwards	31 Jul 2007	£299,995	First Sale
20 PROPELAIR WAYTerraced, FreeholdArea: 122 Sq.mtrAge: 2003-2006	30 Jul 2007	£299,950	First Sale
24 PROPELAIR WAYFlat, LeaseholdArea: 62.6 Sq.mtrAge: 2003-2006	25 May 2007	£174,995	First Sale
27 PROPELAIR WAYFlat, LeaseholdArea: 61.02 Sq.mtrAge: 2003-2006	15 Dec 2006	£151,950	First Sale

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

PROPELAIR WAY, CO4 5YS Near By properties

Interactive Map

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

Detached
- The average price is around £296,468 median price is £277,000 Standard Deviation is £148,908 with Total Sold: 375
- The Last 5 Year average price is £448,081 with Total Sold: 43
- The most recent sale happened at this postcode is , 162 BERGHOLT ROAD: £360,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 5 DEVEREUX PLACE: £246,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £199,728 median price is £200,000 Standard Deviation is £89,188 with Total Sold: 563
- The Last 5 Year average price is £307,428 with Total Sold: 82
- The most recent sale happened at this postcode is , 209 BERGHOLT ROAD: £295,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 1 PRIOR WAY: £54,000 (Sold on 05 May 1995)
Terraced
- The average price is around £192,556 median price is £189,998 Standard Deviation is £87,191 with Total Sold: 476
- The Last 5 Year average price is £293,930 with Total Sold: 64
- The most recent sale happened at this postcode is , 6 THREE CROWNS ROAD: £277,500 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 98 BERGHOLT ROAD: £37,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £146,556 median price is £154,000 Standard Deviation is £35,216 with Total Sold: 713
- The Last 5 Year average price is £181,551 with Total Sold: 96
- The most recent sale happened at this postcode is , 29 AXIAL DRIVE: £197,500 (Sold on 12 Jun 2024)
- The first recorded sale happened at this postcode is , 14 STONECROP: £40,000 (Sold on 05 Jun 1995)
Other
- The average price is around £65,625 median price is £45,000 Standard Deviation is £48,610 with Total Sold: 4
- The Last 5 Year average price is £65,625 with Total Sold: 4
- The most recent sale happened at this postcode is , 207 BERGHOLT ROAD: £24,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is , 207A BERGHOLT ROAD: £45,000 (Sold on 16 Jun 2020)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£456,500	£3,923	5
2023	£514,999	£3,890	5
2022	£476,000	£4,234	5
2021	£432,579	£4,096	19
2020	£423,444	£5,273	9
2019	£360,222	£2,597	9
2018	£374,439	£3,032	11
2017	£426,867	£4,088	15
2016	£403,842	£4,251	19
2015	£333,967	£3,351	15
2014	£249,000	£3,160	7
2013	£287,100	£2,925	5
2012	£310,693	£3,271	43
2011	£310,366	£2,479	31
2010	£291,631	£2,200	11
2009	£261,333	£2,051	9
2008	£286,400	£3,128	10
2007	£364,166	£2,217	9
2006	£363,412	£2,482	16
2005	£287,769	£2,113	13
2004	£259,625	£1,993	12
2003	£240,000	£2,165	11
2002	£204,325	£2,263	6
2001	£185,961	£1,627	13
2000	£192,594	£1,333	10
1999	£127,700	£1,251	14
1998	£139,833	£1,128	6
1997	£111,480	£829	25
1996	£114,500	£885	4
1995	£106,062	£668	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£342,000	£3,315	5
2023	£323,976	£3,708	21
2022	£327,288	£3,493	20
2021	£278,600	£3,445	27
2020	£291,961	£3,036	9
2019	£265,312	£3,030	16
2018	£291,167	£3,650	18
2017	£287,306	£3,451	18
2016	£255,083	£3,504	18
2015	£213,833	£2,866	15
2014	£218,153	£2,393	26
2013	£208,714	£2,459	21
2012	£198,386	£2,125	22
2011	£216,336	£2,028	40
2010	£189,641	£2,106	36
2009	£185,660	£2,063	20
2008	£209,038	£1,993	26
2007	£239,769	£2,304	21
2006	£164,430	£1,983	25
2005	£185,472	£2,074	18
2004	£156,306	£1,852	17
2003	£141,700	£1,675	15
2002	£122,931	£1,448	11
2001	£112,631	£1,193	16
2000	£78,679	£1,100	14
1999	£74,042	£807	18
1998	£65,458	£847	12
1997	£58,908	£882	19
1996	£50,729	£601	12
1995	£51,999	£740	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£320,786		7
2023	£313,292	£3,051	12
2022	£311,778	£3,544	9
2021	£286,760	£3,082	25
2020	£257,409	£3,144	11
2019	£289,278	£2,925	9
2018	£269,200	£2,853	15
2017	£228,500	£2,831	14
2016	£247,454	£2,756	23
2015	£242,739	£2,347	23
2014	£208,147	£2,284	17
2013	£203,156	£2,120	16
2012	£175,043	£1,917	17
2011	£186,288	£1,841	28
2010	£183,425	£2,167	37
2009	£145,000	£1,942	7
2008	£202,584	£1,818	24
2007	£252,877	£2,130	37
2006	£188,741	£2,147	21
2005	£141,970	£1,767	10
2004	£138,881	£1,998	17
2003	£118,071	£1,592	7
2002	£100,027	£1,373	18
2001	£87,332	£1,119	9
2000	£74,499	£901	13
1999	£61,500	£818	13
1998	£54,115	£671	13
1997	£44,966	£585	9
1996	£47,778	£637	9
1995	£44,332	£476	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£189,625	£3,342	8
2023	£187,764	£3,020	18
2022	£189,437	£3,068	30
2021	£172,775	£2,765	20
2020	£169,675	£2,620	20
2019	£173,958	£2,739	24
2018	£173,200	£2,877	25
2017	£167,442	£2,828	26
2016	£161,734	£2,612	41
2015	£142,735	£2,288	31
2014	£130,612	£2,004	24
2013	£110,524	£1,743	21
2012	£124,688	£1,879	23
2011	£119,440	£1,898	40
2010	£122,489	£1,959	26
2009	£110,621	£1,716	67
2008	£124,775	£2,020	35
2007	£169,344	£2,752	91
2006	£159,727	£2,552	110
2005	£137,500	£2,558	3
2004	£100,500	£2,212	2
2003	£74,500	£1,412	2
2002	£77,500	£1,329	4
2001	£62,400	£1,096	5
2000	£56,498	£1,036	2
1999	£46,299	£938	5
1998	£40,333	£688	3
1997	£39,995		1
1996	£32,250	£580	2
1995	£37,875	£636	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£24,000		1
2022	£148,500	£3,100	1
2020	£45,000	£1,000	2

House Type in CO4 5YS area

The most common house types in the CO4 5YS postcode area are Flat (101), Terraced (17), and Semi-detached (5).

Total	124
Flat	101
Terraced	17
Semi-detached	5
commercial building	1
Detached	0
Shared house	0
converted 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 (66), and Owned: Owns with a mortgage or loan (21).

Private rented: Private landlord or letting agency	66
Owned: Owns with a mortgage or loan	21
Social rented: Other social rented	18
Shared ownership: Shared ownership	7
Private rented: Other private rented	6
Owned: Owns outright	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CO4 5YS have 2 people in household (48), and 1 person in household (34).

2 people in household	48
1 person in household	34
3 people in household	26
4 people in household	13
5 people in household	4
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0