Housing Market Analysis for PIT LANE, CO5 0EG

Are you looking to understand CO5 0EG 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 CO5 0EG area, explore the CO5 0EG Area information page.
For comprehensive crime statistics in the CO5 0EG area, explore the CO5 0EG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO5 0EG postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £223,857 median price is £185,000 Standard Deviation is £65,843 with Total Sold: 7
    • The Last 5 Year average price is £335,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 PIT LANE: £335,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is APPLETREE COTTAGE PIT LANE: £145,000 (Sold on 13 Jan 2003)
  • Detached
    • The average price is around £236,600 median price is £215,000 Standard Deviation is £119,274 with Total Sold: 5
    • The most recent sale happened at this postcode is 3 PIT LANE: £445,000 (Sold on 06 Oct 2016)
    • The first recorded sale happened at this postcode is 3 PIT LANE: £73,000 (Sold on 26 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average CO5 0EG 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,0001
2019£260,0001
2013£290,0001
2009£179,7502
2004£177,5001
2003£145,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£445,0001
2009£215,0001
2008£235,0001
2005£215,0001
1998£73,0001

All the Sales in the PIT LANE, CO5 0EG

See the table below for more details on the sold house prices in the CO5 0EG, Colchester postcode.

AddressSold DatePrice% Change
2 PIT LANESemi-Detached, Freehold28 Aug 2024£335,00091.98%
18 Feb 2009£174,500-1.69%
01 Oct 2004£177,500First Sale
ROSE TREE COTTAGE, 6 PIT LANESemi-Detached, Freehold19 Feb 2019£260,000First Sale
3 PIT LANEDetached, Freehold06 Oct 2016£445,000106.98%
13 Aug 2009£215,000194.52%
26 Jan 1998£73,000First Sale
APPLETREE COTTAGE PIT LANESemi-Detached, Freehold25 Mar 2013£290,000100.00%
13 Jan 2003£145,000First Sale
1 PIT LANESemi-Detached, Freehold12 Nov 2009£185,000First Sale
WOODSIDE PIT LANEDetached, Freehold14 Apr 2008£235,0009.30%
28 Oct 2005£215,000First Sale

Check out the sold house prices near the CO5 0EG postcode. Properties currently for saleProperties currently for rent

PIT LANE, CO5 0EG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO5 0EG 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 CO5 0EG postcode.

  • Detached
    • The average price is around £267,993 median price is £242,750 Standard Deviation is £206,061 with Total Sold: 522
    • The Last 5 Year average price is £517,071 with Total Sold: 67
    • The most recent sale happened at this postcode is , HAZELMERE MAYPOLE ROAD: £510,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 87 OAK ROAD: £112,000 (Sold on 26 Jan 1995)
  • Semi-Detached
    • The average price is around £181,264 median price is £175,000 Standard Deviation is £90,752 with Total Sold: 737
    • The Last 5 Year average price is £307,966 with Total Sold: 119
    • The most recent sale happened at this postcode is , 1 CEDAR AVENUE: £325,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 KINGSWAY: £56,500 (Sold on 03 Feb 1995)
  • Terraced
    • The average price is around £157,952 median price is £159,000 Standard Deviation is £77,887 with Total Sold: 342
    • The Last 5 Year average price is £275,357 with Total Sold: 49
    • The most recent sale happened at this postcode is , 29 HEYCROFT WAY: £267,500 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 12 ELTON WALK: £49,995 (Sold on 21 Apr 1995)
  • Flat
    • The average price is around £161,252 median price is £169,000 Standard Deviation is £68,132 with Total Sold: 69
    • The Last 5 Year average price is £217,054 with Total Sold: 37
    • The most recent sale happened at this postcode is , 8 BARCRO SQUARE: £230,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is 1, SIMONS FLATS MAYPOLE ROAD: £27,850 (Sold on 27 Jul 1995)
  • Other
    • The average price is around £520,100 median price is £287,500 Standard Deviation is £557,714 with Total Sold: 5
    • The Last 5 Year average price is £287,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 ROWAN CHASE: £287,500 (Sold on 13 Aug 2021)
    • The first recorded sale happened at this postcode is , SUMMER HOUSE, 101 OAK ROAD: £485,000 (Sold on 31 Aug 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0003
2023£487,143 £4,036 7
2022£527,855 £4,157 12
2021£477,517 £4,136 29
2020£606,345 £4,645 16
2019£407,188 £3,616 8
2018£423,250 £3,590 16
2017£362,536 £3,529 14
2016£359,100 £3,730 20
2015£396,667 £3,304 18
2014£275,192 £2,850 26
2013£286,009 £2,491 22
2012£280,389 £2,386 9
2011£297,667 £2,758 12
2010£276,632 £2,617 11
2009£198,823 £2,379 13
2008£258,000 £3,156 10
2007£271,982 £2,702 26
2006£257,287 £2,279 21
2005£292,566 £2,743 15
2004£239,706 £2,135 17
2003£207,650 £2,154 20
2002£186,708 £1,791 22
2001£146,822 £1,358 20
2000£143,143 £1,254 30
1999£138,381 £1,220 27
1998£106,543 £840 22
1997£98,171 £927 19
1996£97,250 £829 23
1995£104,257 £715 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,033 £4,373 15
2023£336,676 £3,830 17
2022£322,735 £4,141 17
2021£305,907 £3,551 35
2020£284,593 £3,308 35
2019£285,541 £3,445 24
2018£281,788 £3,519 26
2017£265,975 £3,421 18
2016£253,214 £3,218 14
2015£214,375 £2,893 16
2014£215,328 £2,696 29
2013£182,784 £2,262 22
2012£174,214 £2,115 21
2011£180,923 £2,339 26
2010£183,902 £2,195 23
2009£165,565 £2,122 23
2008£191,481 £2,647 13
2007£190,697 £2,443 33
2006£174,095 £2,064 31
2005£165,978 £1,975 23
2004£176,076 £2,027 21
2003£154,682 £1,556 26
2002£120,821 £1,264 32
2001£103,532 £1,301 31
2000£91,105 £1,041 31
1999£74,393 £842 26
1998£67,285 £806 21
1997£73,016 £1,178 28
1996£56,226 £647 33
1995£54,546 £616 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,000 £6,389 6
2023£291,929 £3,942 14
2022£296,500 £4,116 8
2021£255,625 £3,568 12
2020£261,333 £3,517 9
2019£241,100 £3,419 10
2018£252,188 £3,886 8
2017£237,788 £3,078 13
2016£215,611 £3,253 9
2015£195,582 £2,842 18
2014£179,817 £2,316 11
2013£157,767 £2,276 15
2012£156,500 £2,139 8
2011£150,660 £2,101 10
2010£160,332 £2,189 6
2009£147,500 £2,117 15
2008£189,600 £2,822 8
2007£181,055 £2,456 16
2006£156,718 £2,266 8
2005£146,804 £2,146 12
2004£147,208 £2,057 12
2003£126,037 £1,611 13
2002£97,177 £1,297 11
2001£79,192 £1,138 13
2000£71,515 £1,042 12
1999£65,645 £900 12
1998£54,500 £711 11
1997£50,852 £796 21
1996£48,503 £627 17
1995£49,624 £632 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£200,000 £3,583 2
2022£228,500 £3,963 14
2021£213,150 £3,740 20
2020£169,000 £3,380 1
2019£122,500 £3,076 2
2017£112,000 £2,872 1
2016£135,000 £2,700 1
2015£127,312 £2,388 4
2013£107,686 £2,123 4
2012£140,000 £2,408 2
2011£97,500 £1,625 1
2010£64,107 £1,604 1
2007£117,500 £2,197 2
2006£133,000 £1,831 2
2005£60,000 £1,622 1
2004£95,250 £2,127 2
2003£74,500 £1,877 1
2002£71,250 £1,576 2
2001£35,000 £698 2
2000£56,725 £1,091 2
1998£42,000 £840 1
1995£27,850 £702 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£287,500 £6,117 1
2019£1,600,0001
2018£114,000 £1,244 2
2017£485,0001

House Type in CO5 0EG area

The most common house types in the CO5 0EG postcode area are Semi-detached (91), Detached (33), and Terraced (14).

Total148
Semi-detached91
Detached33
Terraced14
Flat9
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright72
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority13
Shared ownership: Shared ownership1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the CO5 0EG have 2 people in household (58), and 1 person in household (41).

2 people in household58
1 person in household41
3 people in household23
4 people in household19
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0