Housing Market Analysis for OBSERVER WAY, CO5 9NZ

Are you looking to understand CO5 9NZ 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 Braintree postcode.

For the location information and nearby amenities in the CO5 9NZ area, explore the CO5 9NZ Area information page.
For comprehensive crime statistics in the CO5 9NZ area, explore the CO5 9NZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO5 9NZ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £278,499 median price is £245,000 Standard Deviation is £120,952 with Total Sold: 9
    • The Last 5 Year average price is £386,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 24 OBSERVER WAY: £450,000 (Sold on 03 Mar 2023)
    • The first recorded sale happened at this postcode is 14 OBSERVER WAY: £89,995 (Sold on 09 Aug 1999)
  • Terraced
    • The average price is around £305,000 median price is £305,000 Standard Deviation is £55,000 with Total Sold: 2
    • The Last 5 Year average price is £360,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 OBSERVER WAY: £360,000 (Sold on 14 May 2021)
    • The first recorded sale happened at this postcode is 5 OBSERVER WAY: £249,999 (Sold on 05 Apr 2007)
  • Detached
    • The average price is around £305,500 median price is £305,500 Standard Deviation is £79,500 with Total Sold: 2
    • The Last 5 Year average price is £385,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 OBSERVER WAY: £385,000 (Sold on 26 Jul 2019)
    • The first recorded sale happened at this postcode is 4 OBSERVER WAY: £226,000 (Sold on 28 Feb 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average CO5 9NZ 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
2023£435,000 £4,328 2
2020£337,000 £2,832 2
2015£265,000 £2,598 1
2011£230,000 £2,357 1
2009£235,000 £1,975 1
2001£142,5001
1999£89,995 £947 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£360,000 £3,956 1
2007£249,999 £2,747 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£385,000 £3,632 1
2013£226,000 £2,132 1

All the Sales in the OBSERVER WAY, CO5 9NZ

See the table below for more details on the sold house prices in the CO5 9NZ, Braintree postcode.

AddressSold DatePrice% Change
24 OBSERVER WAYSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1930-194903 Mar 2023£450,000First Sale
16 OBSERVER WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1950-196627 Feb 2023£420,000First Sale
5 OBSERVER WAYTerraced, FreeholdArea: 91 Sq.mtr14 May 2021£360,00044.00%
05 Apr 2007£249,999First Sale
12 OBSERVER WAYSemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1930-194906 Oct 2020£429,00075.10%
16 Jan 2020£245,0004.26%
06 Feb 2009£235,000First Sale
4 OBSERVER WAYDetached, FreeholdArea: 106 Sq.mtrAge: 1930-194926 Jul 2019£385,00070.35%
28 Feb 2013£226,000First Sale
13 OBSERVER WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-196616 Jul 2015£265,000First Sale
20 OBSERVER WAYSemi-Detached, FreeholdArea: 97.6 Sq.mtrAge: 1950-196615 Apr 2011£230,000First Sale
17 OBSERVER WAYSemi-Detached, Freehold23 Nov 2001£142,500First Sale
14 OBSERVER WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-194909 Aug 1999£89,995First Sale

Check out the sold house prices near the CO5 9NZ postcode. Properties currently for saleProperties currently for rent

OBSERVER WAY, CO5 9NZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO5 9NZ 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 9NZ postcode.

  • Terraced
    • The average price is around £180,331 median price is £162,500 Standard Deviation is £98,823 with Total Sold: 37
    • The Last 5 Year average price is £300,714 with Total Sold: 7
    • The most recent sale happened at this postcode is 6, RIVER VIEW STATION ROAD: £345,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 ROSSLYN TERRACE: £40,500 (Sold on 02 Aug 1996)
  • Flat
    • The average price is around £94,483 median price is £95,000 Standard Deviation is £46,491 with Total Sold: 95
    • The Last 5 Year average price is £161,409 with Total Sold: 11
    • The most recent sale happened at this postcode is 4, KINGS MEADOW COURT COGGESHALL ROAD: £180,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is FLAT 2, CHERRY TREE HOUSE CHURCH ROAD: £37,625 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £396,877 median price is £396,250 Standard Deviation is £167,086 with Total Sold: 66
    • The Last 5 Year average price is £483,938 with Total Sold: 26
    • The most recent sale happened at this postcode is , MYRTLE COTTAGE COGGESHALL ROAD: £362,500 (Sold on 06 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 TREWS GARDENS: £100,000 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £265,483 median price is £242,500 Standard Deviation is £142,761 with Total Sold: 60
    • The Last 5 Year average price is £387,306 with Total Sold: 18
    • The most recent sale happened at this postcode is , 23 NEWTOWN: £475,000 (Sold on 08 Jun 2023)
    • The first recorded sale happened at this postcode is 2, KINGS VILLAS COGGESHALL ROAD: £55,000 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £178,558 median price is £178,558 Standard Deviation is £58,558 with Total Sold: 2
    • The Last 5 Year average price is £237,115 with Total Sold: 1
    • The most recent sale happened at this postcode is , 16 CLOVER AVENUE: £237,115 (Sold on 09 Mar 2021)
    • The first recorded sale happened at this postcode is UNIT 1, GOLDKEY INDUSTRIAL ESTATE HIGH STREET: £120,000 (Sold on 03 Aug 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,0001
2022£256,250 £3,504 2
2021£304,167 £3,527 3
2020£335,000 £3,602 1
2018£248,000 £3,671 2
2016£300,000 £3,191 1
2015£178,000 £2,361 1
2013£164,333 £2,286 3
2012£158,000 £2,319 1
2011£151,250 £2,020 1
2010£287,500 £2,254 2
2009£219,000 £2,342 2
2007£205,000 £2,527 2
2006£146,333 £2,057 3
2005£156,250 £2,297 2
2003£135,000 £1,790 1
2002£80,000 £1,036 1
2000£68,000 £986 1
1999£53,750 £775 2
1998£57,000 £756 1
1997£52,000 £754 1
1996£39,000 £548 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£163,750 £3,852 2
2022£173,500 £4,048 2
2021£165,000 £3,627 2
2020£150,000 £3,275 2
2019£145,500 £3,263 2
2017£148,800 £3,411 5
2016£134,625 £3,397 4
2015£139,667 £5,372 6
2014£110,000 £2,420 2
2013£97,000 £2,409 1
2012£105,000 £2,763 1
2011£106,500 £2,515 2
2009£164,000 £8,550 3
2008£115,0001
2007£112,500 £3,516 1
2006£113,200 £2,694 5
2005£115,000 £3,594 1
2004£102,900 £2,522 5
2003£89,583 £2,093 6
2002£73,392 £1,836 6
2001£61,040 £1,443 5
2000£53,583 £1,332 6
1999£45,200 £1,136 7
1998£40,200 £912 5
1997£33,980 £858 6
1996£34,125 £801 4
1995£33,788 £748 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£362,500 £5,236 1
2023£468,333 £3,661 3
2022£482,000 £4,120 1
2021£473,356 £4,030 18
2020£750,000 £3,866 1
2019£531,250 £3,636 2
2018£570,000 £3,618 2
2017£560,000 £3,630 2
2016£722,500 £5,526 2
2015£375,0001
2014£440,000 £2,585 1
2013£280,500 £2,661 2
2012£284,750 £2,788 4
2011£404,333 £2,695 3
2010£481,000 £2,713 3
2009£315,000 £2,838 1
2006£274,500 £3,131 2
2005£382,833 £2,252 3
2004£338,750 £2,631 2
2003£381,000 £1,964 1
2001£245,0001
2000£165,000 £1,571 1
1999£117,500 £773 2
1998£196,0001
1997£140,000 £760 3
1996£151,750 £851 2
1995£100,000 £960 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£448,333 £4,338 3
2022£392,000 £4,328 3
2021£364,071 £4,131 7
2020£375,500 £3,462 4
2019£400,000 £3,670 1
2018£160,000 £3,478 1
2017£350,000 £2,800 1
2016£481,667 £5,772 3
2015£235,000 £2,956 3
2014£235,000 £3,005 2
2013£172,500 £1,760 2
2012£301,667 £2,778 3
2011£199,000 £2,112 2
2010£210,0001
2009£225,250 £2,024 4
2007£275,000 £2,523 2
2006£221,250 £1,881 2
2005£195,000 £2,947 2
2004£182,749 £2,076 4
2003£195,0001
2002£186,0001
2001£87,667 £1,340 3
1999£59,998 £984 3
1996£76,0001
1995£55,000 £495 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£237,115 £3,001 1
2018£120,0001

House Type in CO5 9NZ area

The most common house types in the CO5 9NZ postcode area are Semi-detached (68), Detached (33), and Flat (14).

Total137
Semi-detached68
Detached33
Flat14
converted building11
Terraced10
Shared house1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (41), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright41
Owned: Owns with a mortgage or loan37
Social rented: Other social rented26
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority12
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CO5 9NZ have 2 people in household (52), and 1 person in household (44).

2 people in household52
1 person in household44
4 people in household20
3 people in household17
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0