Housing Market Analysis for DRAKES CORNER, CO5 7SA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £477,500 median price is £517,500 Standard Deviation is £79,726 with Total Sold: 4
    • The most recent sale happened at this postcode is DRAKES HOUSE DRAKES CORNER: £520,000 (Sold on 16 Nov 2018)
    • The first recorded sale happened at this postcode is DRAKES HOUSE DRAKES CORNER: £340,000 (Sold on 23 May 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average CO5 7SA 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
2018£520,000 £2,849 1
2017£515,000 £2,822 1
2012£535,000 £3,364 1
2011£340,000 £1,863 1

All the Sales in the DRAKES CORNER, CO5 7SA

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

AddressSold DatePrice% Change
DRAKES HOUSE DRAKES CORNERDetached, FreeholdArea: 182.49 Sq.mtrAge: 1983-199016 Nov 2018£520,0000.97%
25 Aug 2017£515,00051.47%
23 May 2011£340,000First Sale
MANSARDS DRAKES CORNERDetached, FreeholdArea: 159.04 Sq.mtrAge: 1983-199009 Oct 2012£535,000First Sale

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

DRAKES CORNER, CO5 7SA Near By properties

Interactive Map

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

  • Detached
    • The average price is around £372,155 median price is £367,500 Standard Deviation is £147,663 with Total Sold: 44
    • The Last 5 Year average price is £438,917 with Total Sold: 6
    • The most recent sale happened at this postcode is 1, HILL FARM COTTAGES SCHOOL LANE: £350,000 (Sold on 11 Oct 2023)
    • The first recorded sale happened at this postcode is , TEAL COTTAGE SCHOOL LANE: £140,000 (Sold on 09 May 1997)
  • Semi-Detached
    • The average price is around £212,591 median price is £230,000 Standard Deviation is £71,948 with Total Sold: 11
    • The Last 5 Year average price is £255,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , HUCKLEBERRY SCHOOL LANE: £200,000 (Sold on 04 Aug 2021)
    • The first recorded sale happened at this postcode is 9, CREEK VIEW COTTAGES MALDON ROAD: £60,000 (Sold on 25 Jul 1996)
  • Other
    • The average price is around £541,500 median price is £541,500 Standard Deviation is £208,500 with Total Sold: 2
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE HOLLIES SCHOOL LANE: £750,000 (Sold on 17 Jun 2021)
    • The first recorded sale happened at this postcode is , GREAT AND LITTLE WIGBOROUGH VILLAGE HALL SCHOOL LANE: £333,000 (Sold on 10 Aug 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£350,0001
2021£454,625 £3,888 4
2019£465,000 £3,811 1
2018£520,000 £2,849 1
2017£575,000 £4,035 2
2016£370,000 £2,387 1
2015£502,500 £5,600 2
2014£310,000 £2,952 1
2013£486,667 £2,725 3
2012£515,000 £2,802 2
2011£340,000 £1,863 1
2010£425,000 £1,900 2
2009£365,000 £2,657 1
2008£390,000 £1,970 1
2007£520,0002
2006£350,667 £2,306 3
2005£350,000 £2,006 2
2004£375,000 £1,855 2
2003£177,650 £180 2
2002£330,0001
2001£299,5001
2000£305,000 £1,558 2
1999£201,000 £1,047 2
1998£65,000 £425 2
1997£141,250 £834 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£255,000 £3,647 2
2016£274,000 £2,610 1
2015£300,0001
2010£242,500 £4,716 1
2007£207,500 £3,598 2
2004£205,000 £1,571 2
2002£127,0001
1996£60,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£750,000 £3,886 1
2017£333,0001

House Type in CO5 7SA area

The most common house types in the CO5 7SA postcode area are Detached (77), Semi-detached (20), and Terraced (1).

Total98
Detached77
Semi-detached20
Terraced1
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 (52), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright52
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority2
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 7SA have 2 people in household (50), and 1 person in household (20).

2 people in household50
1 person in household20
3 people in household13
4 people in household11
5 people in household1
6 people in household1
7 people in household1
8 or more people in household1
0 people in household0