Housing Market Analysis for MEDE WAY, CO7 9HW

Are you looking to understand CO7 9HW 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 9HW area, explore the CO7 9HW Area information page.
For comprehensive crime statistics in the CO7 9HW area, explore the CO7 9HW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO7 9HW postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £184,333 median price is £167,500 Standard Deviation is £99,821 with Total Sold: 18
- The Last 5 Year average price is £309,200 with Total Sold: 5
- The most recent sale happened at this postcode is 32 MEDE WAY: £345,000 (Sold on 18 Dec 2023)
- The first recorded sale happened at this postcode is 32 MEDE WAY: £62,000 (Sold on 12 Apr 1996)
Detached
- The average price is around £119,500 median price is £119,500 Standard Deviation is £50,500 with Total Sold: 2
- The most recent sale happened at this postcode is 35 MEDE WAY: £170,000 (Sold on 14 Sep 2005)
- The first recorded sale happened at this postcode is 35 MEDE WAY: £69,000 (Sold on 05 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average CO7 9HW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£321,667	£3,026	3
2022	£326,000	£4,405	1
2019	£255,000	£3,446	1
2018	£231,665	£2,277	3
2007	£169,167	£2,141	3
2004	£145,000	£1,959	1
2002	£122,000		1
2000	£70,000		1
1999	£60,000	£811	1
1996	£57,500	£672	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£170,000		1
2000	£69,000		1

All the Sales in the MEDE WAY, CO7 9HW

See the table below for more details on the sold house prices in the CO7 9HW, Colchester postcode.

Address	Sold Date	Price	% Change
32 MEDE WAYSemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1950-1966	18 Dec 2023	£345,000	23.22%
	30 Nov 2018	£279,995	351.60%
	12 Apr 1996	£62,000	First Sale
34 MEDE WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1967-1975	15 Dec 2023	£310,000	0.0
	15 Dec 2023	£310,000	First Sale
33 MEDE WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	23 Jun 2022	£326,000	27.84%
	06 Mar 2019	£255,000	45.71%
	12 Oct 2007	£175,000	194.12%
	08 Aug 1996	£59,500	First Sale
36 MEDE WAYSemi-Detached, FreeholdArea: 126 Sq.mtrAge: 1950-1966	31 Jul 2018	£165,000	First Sale
40 MEDE WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	22 Jun 2018	£250,000	First Sale
30 MEDE WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1967-1975	19 Oct 2007	£162,500	First Sale
28 MEDE WAYSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1967-1975	29 Jun 2007	£170,000	First Sale
35 MEDE WAYDetached, Freehold	14 Sep 2005	£170,000	146.38%
35 MEDE WAYDetached, Freehold	05 Sep 2000	£69,000	First Sale
31 MEDE WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1976-1982	06 May 2004	£145,000	141.67%
	31 Mar 1999	£60,000	First Sale
38 MEDE WAYSemi-Detached, Freehold	24 May 2002	£122,000	139.22%
38 MEDE WAYSemi-Detached, Freehold	19 Jul 1996	£51,000	First Sale
25 MEDE WAYSemi-Detached, Freehold	14 Apr 2000	£70,000	First Sale

Check out the sold house prices near the CO7 9HW postcode. Properties currently for saleProperties currently for rent

MEDE WAY, CO7 9HW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO7 9HW 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 9HW postcode.

Terraced
- The average price is around £118,968 median price is £114,340 Standard Deviation is £70,154 with Total Sold: 226
- The Last 5 Year average price is £216,901 with Total Sold: 30
- The most recent sale happened at this postcode is , 12 HEREWARD CLOSE: £112,294 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 6 CAROLINE CLOSE: £45,250 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £157,750 median price is £154,000 Standard Deviation is £81,169 with Total Sold: 673
- The Last 5 Year average price is £280,276 with Total Sold: 101
- The most recent sale happened at this postcode is , 33 RICHARD AVENUE: £259,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 49 ALEXANDRA DRIVE: £43,000 (Sold on 06 Mar 1995)
Detached
- The average price is around £221,345 median price is £219,950 Standard Deviation is £115,044 with Total Sold: 209
- The Last 5 Year average price is £347,641 with Total Sold: 39
- The most recent sale happened at this postcode is , 16 PADDOCK WAY: £310,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 5 ALMOND CLOSE: £75,000 (Sold on 24 Jan 1995)
Other
- The average price is around £215,429 median price is £300,000 Standard Deviation is £142,713 with Total Sold: 7
- The Last 5 Year average price is £191,333 with Total Sold: 6
- The most recent sale happened at this postcode is , 38 THE CROSS: £350,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is , 2 BROADFIELDS: £360,000 (Sold on 25 Aug 2017)
Flat
- The average price is around £73,492 median price is £65,000 Standard Deviation is £49,126 with Total Sold: 93
- The Last 5 Year average price is £133,444 with Total Sold: 9
- The most recent sale happened at this postcode is 10, PYLON COURT ELMSTEAD ROAD: £125,000 (Sold on 25 Sep 2023)
- The first recorded sale happened at this postcode is , 18 JAMES CLOSE: £22,500 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,294		1
2023	£262,600	£4,419	5
2022	£252,625	£4,496	4
2021	£202,300	£3,751	10
2020	£178,625	£3,733	2
2019	£211,375	£3,723	8
2018	£215,500	£3,015	4
2017	£156,833	£3,578	3
2016	£155,714	£3,074	7
2015	£144,700	£2,905	5
2014	£133,722	£2,466	9
2013	£162,143	£2,393	7
2012	£148,750	£2,322	4
2010	£205,300	£2,519	5
2009	£146,570	£2,765	5
2008	£107,170	£2,111	4
2007	£142,277	£2,880	9
2006	£114,250	£2,600	10
2005	£142,249	£2,474	12
2004	£127,119	£2,250	16
2003	£92,924	£2,251	10
2002	£92,692	£1,728	13
2001	£81,060	£1,362	14
2000	£56,370	£1,260	12
1999	£45,278	£1,003	9
1998	£45,144	£850	9
1997	£41,114	£819	11
1996	£43,857	£691	7
1995	£39,063	£791	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£274,875	£3,561	8
2023	£319,339	£4,362	14
2022	£309,168	£4,316	19
2021	£281,000	£4,267	14
2020	£248,229	£3,559	24
2019	£266,929	£3,796	22
2018	£248,722	£3,400	18
2017	£232,318	£3,428	11
2016	£223,639	£3,016	18
2015	£201,520	£2,719	24
2014	£178,571	£2,732	21
2013	£166,917	£2,466	18
2012	£162,306	£2,659	18
2011	£173,500	£2,851	19
2010	£180,264	£2,498	18
2009	£145,827	£2,264	26
2008	£175,870	£2,444	16
2007	£179,032	£2,527	31
2006	£169,500	£2,562	22
2005	£155,547	£2,482	32
2004	£144,827	£2,281	42
2003	£134,850	£2,309	24
2002	£111,028	£1,650	33
2001	£95,169	£1,306	34
2000	£76,132	£1,167	25
1999	£64,150	£924	30
1998	£55,426	£912	21
1997	£55,426	£822	32
1996	£50,065	£738	23
1995	£46,781	£715	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,300	£4,591	5
2023	£351,875	£4,339	4
2022	£406,600	£4,760	5
2021	£381,292	£3,786	12
2020	£293,333	£3,911	6
2019	£319,357	£3,567	7
2018	£259,833	£3,984	6
2017	£278,500	£3,528	6
2016	£370,333	£2,819	6
2015	£270,714	£2,675	7
2014	£248,714	£2,914	7
2013	£249,000	£2,515	1
2012	£276,667	£2,545	6
2011	£215,294	£2,379	8
2010	£263,750	£2,191	6
2009	£180,000	£2,681	2
2008	£185,000	£2,784	4
2007	£220,250	£2,730	12
2006	£263,496	£2,779	12
2005	£217,429	£2,116	7
2004	£198,838	£2,383	14
2003	£189,250	£2,520	6
2002	£152,490	£1,887	5
2001	£149,492	£1,455	13
2000	£114,566	£1,198	8
1999	£81,949	£1,053	7
1998	£81,125	£829	4
1997	£65,450	£787	10
1996	£63,369	£630	8
1995	£74,600	£686	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000		1
2021	£219,000	£3,632	2
2020	£17,500	£512	2
2019	£325,000		1
2017	£360,000	£3,711	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£112,500	£3,568	2
2022	£173,000	£4,458	3
2021	£151,500	£3,094	2
2019	£77,000	£3,118	2
2018	£139,250	£2,740	2
2017	£122,333	£2,686	3
2016	£79,000	£2,580	2
2015	£86,917	£2,561	6
2014	£88,750	£2,592	2
2013	£88,750	£2,479	2
2012	£70,000	£2,388	3
2011	£71,667	£2,758	3
2009	£120,000	£1,796	1
2008	£92,500	£2,546	2
2007	£100,050	£2,647	10
2006	£108,500	£2,461	5
2004	£89,667	£2,608	6
2003	£77,500	£1,649	1
2002	£39,250	£1,485	4
2001	£40,750	£1,364	4
2000	£41,130	£978	3
1999	£29,167	£941	6
1998	£27,775	£781	6
1997	£19,488	£708	6
1996	£23,833	£768	3
1995	£22,950	£847	4

House Type in CO7 9HW area

The most common house types in the CO7 9HW postcode area are Semi-detached (127), Detached (2), and Terraced (1).

Total	130
Semi-detached	127
Detached	2
Terraced	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	79
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the CO7 9HW have 1 person in household (61), and 2 people in household (42).

1 person in household	61
2 people in household	42
3 people in household	17
4 people in household	5
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0