Housing Market Analysis for PARK DRIVE, CO5 0GW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £473,449 median price is £450,000 Standard Deviation is £101,580 with Total Sold: 10
    • The Last 5 Year average price is £587,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 PARK DRIVE: £587,000 (Sold on 20 Dec 2021)
    • The first recorded sale happened at this postcode is 15 PARK DRIVE: £338,995 (Sold on 26 May 2006)
  • Semi-Detached
    • The average price is around £450,000 median price is £450,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 PARK DRIVE: £450,000 (Sold on 24 Feb 2006)
    • The first recorded sale happened at this postcode is 9 PARK DRIVE: £450,000 (Sold on 24 Feb 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average CO5 0GW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£587,0001
2018£530,000 £2,961 1
2016£552,500 £2,840 2
2015£620,000 £2,331 1
2011£400,000 £3,137 1
2010£392,498 £1,975 2
2006£353,748 £1,964 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£450,000 £2,113 1

All the Sales in the PARK DRIVE, CO5 0GW

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

AddressSold DatePrice% Change
3 PARK DRIVEDetached, Freehold20 Dec 2021£587,00017.40%
25 Aug 2016£500,000First Sale
12 PARK DRIVEDetached, FreeholdArea: 179 Sq.mtrAge: 2003-200621 Jun 2018£530,000First Sale
9 PARK DRIVEDetached, FreeholdArea: 213 Sq.mtrAge: 2003-200624 Jun 2016£605,00034.44%
24 Feb 2006£450,000First Sale
10 PARK DRIVEDetached, FreeholdArea: 266 Sq.mtrAge: 2003-200602 Dec 2015£620,000First Sale
6 PARK DRIVEDetached, FreeholdArea: 127.51 Sq.mtrAge: 2003-200630 Aug 2011£400,000First Sale
14 PARK DRIVEDetached, FreeholdArea: 187.6 Sq.mtrAge: 2003-200603 Sep 2010£389,9955.83%
26 May 2006£368,500First Sale
5 PARK DRIVEDetached, FreeholdArea: 211.08 Sq.mtrAge: 1991-199525 Jun 2010£395,000First Sale
15 PARK DRIVEDetached, Freehold26 May 2006£338,995First Sale

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

PARK DRIVE, CO5 0GW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £263,050 median price is £247,500 Standard Deviation is £131,917 with Total Sold: 357
    • The Last 5 Year average price is £478,431 with Total Sold: 36
    • The most recent sale happened at this postcode is , 44 SHELLEY AVENUE: £461,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 214 GROVE ROAD: £85,000 (Sold on 10 Apr 1995)
  • Semi-Detached
    • The average price is around £193,265 median price is £187,250 Standard Deviation is £94,916 with Total Sold: 264
    • The Last 5 Year average price is £361,337 with Total Sold: 26
    • The most recent sale happened at this postcode is , 29 SHELLEY AVENUE: £355,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 6 WINSTON AVENUE: £51,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £394,000 median price is £394,000 Standard Deviation is £226,000 with Total Sold: 2
    • The Last 5 Year average price is £394,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2A NEWBRIDGE ROAD: £168,000 (Sold on 09 Nov 2022)
    • The first recorded sale happened at this postcode is , 191A GROVE ROAD: £620,000 (Sold on 17 Aug 2022)
  • Terraced
    • The average price is around £197,425 median price is £164,998 Standard Deviation is £77,545 with Total Sold: 26
    • The Last 5 Year average price is £386,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 34 SHELLEY AVENUE: £386,000 (Sold on 15 Oct 2020)
    • The first recorded sale happened at this postcode is , 40 WADLEY CLOSE: £99,995 (Sold on 31 Jul 2002)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£399,333 £3,476 6
2023£544,000 £4,117 5
2022£478,667 £4,087 6
2021£470,206 £4,187 17
2020£621,000 £4,650 2
2019£417,500 £3,146 4
2018£456,750 £3,452 8
2017£358,625 £2,958 8
2016£417,115 £3,236 13
2015£341,528 £2,924 18
2014£360,562 £2,430 8
2013£244,321 £2,389 7
2012£259,111 £2,382 9
2011£315,562 £2,575 8
2010£327,421 £2,138 7
2009£224,000 £1,926 4
2008£293,625 £2,709 4
2007£288,787 £2,414 12
2006£290,928 £2,174 21
2005£246,594 £2,190 16
2004£239,589 £2,143 21
2003£251,498 £1,815 20
2002£168,980 £1,272 28
2001£139,876 £1,240 37
2000£149,572 £1,207 37
1999£143,401 £1,253 15
1998£131,833 £699 3
1997£122,790 £741 5
1996£120,408 £691 6
1995£101,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,000 £4,176 1
2023£358,714 £4,142 7
2022£374,375 £3,979 4
2021£376,500 £3,693 10
2020£316,562 £3,863 4
2019£300,556 £3,031 8
2018£285,625 £3,624 8
2017£320,599 £3,515 5
2016£276,499 £3,254 5
2015£250,936 £2,567 8
2014£252,278 £2,374 9
2013£227,438 £2,666 8
2012£211,071 £2,501 7
2011£193,686 £2,837 14
2010£211,700 £2,264 5
2009£198,917 £2,785 6
2008£226,500 £1,973 2
2007£196,717 £2,610 12
2006£213,941 £2,113 17
2005£192,888 £3,174 9
2004£181,466 £2,289 15
2003£182,844 £2,019 13
2002£114,524 £1,284 19
2001£101,878 £1,208 29
2000£99,332 £1,243 6
1999£85,845 £985 13
1998£81,875 £783 4
1997£68,625 £988 6
1996£55,000 £919 4
1995£54,417 £877 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£394,000 £4,460 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£386,000 £3,255 1
2019£299,995 £3,750 1
2018£325,000 £3,571 1
2017£369,995 £3,120 1
2016£290,110 £3,119 1
2015£216,500 £3,157 2
2014£232,000 £2,073 1
2013£192,000 £2,382 2
2011£153,500 £2,619 1
2010£184,500 £2,484 2
2007£158,995 £2,713 1
2004£166,416 £2,283 6
2002£122,162 £1,697 6

House Type in CO5 0GW area

The most common house types in the CO5 0GW postcode area are Detached (82), Semi-detached (77), and Terraced (7).

Total166
Detached82
Semi-detached77
Terraced7
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (75).

Owned: Owns outright77
Owned: Owns with a mortgage or loan75
Private rented: Private landlord or letting agency6
Social rented: Other social rented4
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the CO5 0GW have 2 people in household (56), and 4 people in household (35).

2 people in household56
4 people in household35
1 person in household30
3 people in household30
5 people in household11
6 people in household3
8 or more people in household2
0 people in household0
7 people in household0