Housing Market Analysis for OLD IPSWICH ROAD, CO7 7QY

Are you looking to understand CO7 7QY 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 CO7 7QY area, explore the CO7 7QY Area information page.
For comprehensive crime statistics in the CO7 7QY area, explore the CO7 7QY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO7 7QY postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,416,076 median price is £1,416,076 Standard Deviation is £39,380 with Total Sold: 2
    • The Last 5 Year average price is £1,455,456 with Total Sold: 1
    • The most recent sale happened at this postcode is RAMADA HOTEL OLD IPSWICH ROAD: £1,455,456 (Sold on 10 Jun 2019)
    • The first recorded sale happened at this postcode is RAMADA HOTEL OLD IPSWICH ROAD: £1,376,697 (Sold on 17 Dec 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average CO7 7QY 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,455,4561
2015£1,376,6971

All the Sales in the OLD IPSWICH ROAD, CO7 7QY

See the table below for more details on the sold house prices in the CO7 7QY, Colchester postcode.

AddressSold DatePrice% Change
RAMADA HOTEL OLD IPSWICH ROADOther, Freehold10 Jun 2019£1,455,4565.72%
17 Dec 2015£1,376,697First Sale

Check out the sold house prices near the CO7 7QY postcode. Properties currently for saleProperties currently for rent

OLD IPSWICH ROAD, CO7 7QY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO7 7QY 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 CO7 7QY postcode.

  • Detached
    • The average price is around £375,770 median price is £369,998 Standard Deviation is £196,724 with Total Sold: 92
    • The Last 5 Year average price is £450,437 with Total Sold: 51
    • The most recent sale happened at this postcode is , 12 MEMORIAL WAY: £395,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 4 WILLOW CLOSE: £147,500 (Sold on 01 Mar 1995)
  • Other
    • The average price is around £2,932,540 median price is £700,000 Standard Deviation is £8,720,972 with Total Sold: 19
    • The Last 5 Year average price is £4,007,630 with Total Sold: 12
    • The most recent sale happened at this postcode is , 3 CLOUGH ROAD: £100,000 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is , CROWN HOUSE STEPHENSON ROAD: £500,000 (Sold on 04 Jul 2014)
  • Semi-Detached
    • The average price is around £247,878 median price is £259,995 Standard Deviation is £60,477 with Total Sold: 25
    • The Last 5 Year average price is £286,030 with Total Sold: 15
    • The most recent sale happened at this postcode is , 28 MEMORIAL WAY: £305,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is , KENBROOK PLAINS FARM CLOSE: £132,995 (Sold on 04 Oct 2002)
  • Flat
    • The average price is around £231,250 median price is £231,250 Standard Deviation is £68,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 CROWN COURT: £300,000 (Sold on 31 Mar 2004)
    • The first recorded sale happened at this postcode is , 2 CROWN COURT: £162,500 (Sold on 04 Dec 2000)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,0001
2023£567,500 £3,910 2
2022£400,000 £4,466 2
2021£559,582 £4,381 6
2020£458,943 £3,475 19
2019£407,852 £3,496 21
2017£525,000 £2,807 1
2016£450,000 £3,333 1
2015£360,000 £2,810 2
2014£352,333 £2,250 3
2013£370,000 £2,960 1
2008£355,0001
2007£376,750 £2,946 2
2006£345,000 £2,357 2
2005£340,167 £1,799 3
2004£251,000 £2,430 2
2003£110,000 £1,156 2
2002£457,250 £1,457 4
2001£200,000 £1,481 1
2000£155,000 £1,295 2
1999£159,500 £1,221 2
1998£441,333 £887 3
1997£97,1673
1996£85,333 £561 3
1995£135,333 £896 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£750,0001
2022£575,000 £3,571 2
2021£1,674,0001
2020£10,386,775 £2,155 4
2019£956,8193
2018£1,300,0001
2017£603,3333
2015£2,008,3482
2014£500,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£342,500 £3,831 2
2022£286,000 £4,086 1
2021£346,250 £2,519 2
2019£262,695 £3,742 10
2016£260,0001
2015£221,000 £2,416 2
2014£185,000 £2,011 1
2012£174,0002
2007£194,000 £2,109 1
2005£182,0001
2003£162,500 £1,766 1
2002£132,995 £1,446 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£300,0001
2000£162,5001

House Type in CO7 7QY area

The most common house types in the CO7 7QY postcode area are Detached (117), Semi-detached (23), and Flat (1).

Total141
Detached117
Semi-detached23
Flat1
Terraced0
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 (92), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright92
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency8
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the CO7 7QY have 2 people in household (56), and 1 person in household (34).

2 people in household56
1 person in household34
3 people in household22
4 people in household22
5 people in household6
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0