Housing Market Analysis for MERSEA ROAD, CO5 7LW

Are you looking to understand CO5 7LW 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 7LW area, explore the CO5 7LW Area information page.
For comprehensive crime statistics in the CO5 7LW area, explore the CO5 7LW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO5 7LW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £175,200 median price is £103,000 Standard Deviation is £144,152 with Total Sold: 5
    • The most recent sale happened at this postcode is CAPONS ELM MERSEA ROAD: £462,000 (Sold on 19 Oct 2012)
    • The first recorded sale happened at this postcode is ELM COTTAGE MERSEA ROAD: £95,000 (Sold on 12 Jan 1996)
  • Semi-Detached
    • The average price is around £241,250 median price is £241,250 Standard Deviation is £48,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 1, GATE COTTAGE MERSEA ROAD: £290,000 (Sold on 29 Feb 2012)
    • The first recorded sale happened at this postcode is 1, GATE COTTAGE MERSEA ROAD: £192,500 (Sold on 14 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average CO5 7LW 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
2012£462,000 £3,940 1
2001£130,0001
1997£94,500 £1,228 2
1996£95,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£290,000 £2,316 1
2003£192,500 £1,537 1

All the Sales in the MERSEA ROAD, CO5 7LW

See the table below for more details on the sold house prices in the CO5 7LW, Colchester postcode.

AddressSold DatePrice% Change
CAPONS ELM MERSEA ROADDetached, FreeholdArea: 117.26 Sq.mtrAge: 1950-196619 Oct 2012£462,000First Sale
1, GATE COTTAGE MERSEA ROADSemi-Detached, FreeholdArea: 125.24 Sq.mtrAge: 1900-192929 Feb 2012£290,00050.65%
14 Nov 2003£192,500First Sale
2, GATE COTTAGE MERSEA ROADDetached, Freehold23 Feb 2001£130,00051.16%
02 May 1997£86,000First Sale
GABLES COTTAGE MERSEA ROADDetached, FreeholdArea: 83.86 Sq.mtrAge: before 190028 Nov 1997£103,000First Sale
ELM COTTAGE MERSEA ROADDetached, Freehold12 Jan 1996£95,000First Sale

Check out the sold house prices near the CO5 7LW postcode. Properties currently for saleProperties currently for rent

MERSEA ROAD, CO5 7LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO5 7LW 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 7LW postcode.

  • Detached
    • The average price is around £462,818 median price is £462,000 Standard Deviation is £324,274 with Total Sold: 11
    • The Last 5 Year average price is £722,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , PETE TYE COTTAGE COLCHESTER ROAD: £965,000 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is , ELM COTTAGE MERSEA ROAD: £95,000 (Sold on 12 Jan 1996)
  • Other
    • The average price is around £1,000,000 median price is £1,000,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , PEET BARN COLCHESTER ROAD: £1,000,000 (Sold on 15 Jan 2021)
    • The first recorded sale happened at this postcode is , PEET BARN COLCHESTER ROAD: £1,000,000 (Sold on 15 Jan 2021)
  • Semi-Detached
    • The average price is around £241,250 median price is £241,250 Standard Deviation is £48,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 1, GATE COTTAGE MERSEA ROAD: £290,000 (Sold on 29 Feb 2012)
    • The first recorded sale happened at this postcode is 1, GATE COTTAGE MERSEA ROAD: £192,500 (Sold on 14 Nov 2003)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£965,000 £4,021 1
2019£480,000 £2,000 1
2013£920,000 £1,937 1
2012£462,000 £3,940 1
2010£350,000 £1,458 1
2009£750,000 £1,579 2
2001£130,0001
1997£94,500 £1,228 2
1996£95,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,000,000 £2,105 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£290,000 £2,316 1
2003£192,500 £1,537 1

House Type in CO5 7LW area

The most common house types in the CO5 7LW postcode area are Detached (59), Semi-detached (13), and Terraced (3).

Total76
Detached59
Semi-detached13
Terraced3
Flat1
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 (35), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright35
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency5
Private rented: Other private rented4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the CO5 7LW have 2 people in household (35), and 3 people in household (15).

2 people in household35
3 people in household15
1 person in household11
4 people in household9
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0