Housing Market Analysis for RICHARD AVENUE, CO7 9HY

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

Overview of Sold House prices

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

Detached
- The average price is around £139,625 median price is £121,500 Standard Deviation is £91,000 with Total Sold: 4
- The Last 5 Year average price is £282,500 with Total Sold: 1
- The most recent sale happened at this postcode is 52 RICHARD AVENUE: £282,500 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 44 RICHARD AVENUE: £33,000 (Sold on 11 Aug 1997)
Terraced
- The average price is around £131,772 median price is £129,995 Standard Deviation is £47,298 with Total Sold: 11
- The Last 5 Year average price is £225,000 with Total Sold: 1
- The most recent sale happened at this postcode is 56 RICHARD AVENUE: £225,000 (Sold on 07 Mar 2019)
- The first recorded sale happened at this postcode is 50 RICHARD AVENUE: £50,000 (Sold on 18 Mar 1998)
Semi-Detached
- The average price is around £115,830 median price is £125,500 Standard Deviation is £57,280 with Total Sold: 15
- The most recent sale happened at this postcode is 91 RICHARD AVENUE: £260,000 (Sold on 01 Jun 2017)
- The first recorded sale happened at this postcode is 97 RICHARD AVENUE: £48,500 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CO7 9HY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£282,500	£5,231	1
2008	£140,000	£2,593	1
2004	£103,000	£2,102	1
1997	£33,000	£673	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£225,000	£3,879	1
2016	£187,500	£3,233	1
2014	£133,500	£2,495	2
2013	£155,000	£2,719	1
2007	£141,998	£3,017	2
2006	£110,000	£2,821	1
2004	£91,000	£2,333	1
2001	£80,000	£1,404	1
1998	£50,000	£877	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£260,000	£2,921	1
2014	£149,000	£2,569	1
2011	£147,500	£2,647	1
2010	£145,000	£2,500	1
2006	£151,500	£1,775	2
2004	£138,000	£2,421	1
2003	£125,500	£1,410	1
2002	£111,500	£1,939	2
1999	£53,000	£914	1
1998	£54,500	£612	1
1997	£47,500	£852	1
1996	£42,950	£483	1
1995	£48,500	£836	1

All the Sales in the RICHARD AVENUE, CO7 9HY

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

Address	Sold Date	Price	% Change
52 RICHARD AVENUEDetached, FreeholdArea: 54 Sq.mtrAge: 1976-1982	28 Jul 2023	£282,500	101.79%
	20 Mar 2008	£140,000	First Sale
56 RICHARD AVENUETerraced, FreeholdArea: 58 Sq.mtrAge: 1976-1982	07 Mar 2019	£225,000	20.00%
	13 May 2016	£187,500	29.31%
	27 Feb 2014	£145,000	0.0
	14 Jul 2010	£145,000	30.63%
	12 Sep 2002	£111,000	First Sale
91 RICHARD AVENUESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1976-1982	01 Jun 2017	£260,000	64.56%
	30 Jan 2006	£158,000	25.90%
	06 Jan 2003	£125,500	130.28%
	26 Jan 1998	£54,500	26.89%
	03 May 1996	£42,950	First Sale
44 RICHARD AVENUETerraced, FreeholdArea: 49 Sq.mtrAge: 1967-1975	18 Dec 2014	£122,000	18.45%
	09 Nov 2004	£103,000	212.12%
	11 Aug 1997	£33,000	First Sale
95 RICHARD AVENUESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1976-1982	17 Feb 2014	£149,000	181.13%
	08 Jan 1999	£53,000	First Sale
50 RICHARD AVENUETerraced, FreeholdArea: 57 Sq.mtrAge: 1976-1982	15 Mar 2013	£155,000	0.65%
	17 Oct 2007	£154,000	92.50%
	24 Aug 2001	£80,000	60.00%
	18 Mar 1998	£50,000	First Sale
54 RICHARD AVENUESemi-Detached, FreeholdArea: 55.72 Sq.mtrAge: 1976-1982	21 Oct 2011	£147,500	210.53%
	28 Nov 1997	£47,500	First Sale
46 RICHARD AVENUETerraced, FreeholdArea: 39 Sq.mtrAge: 1991-1995	23 Oct 2007	£129,995	18.18%
	03 May 2006	£110,000	20.88%
	26 Feb 2004	£91,000	First Sale
99 RICHARD AVENUESemi-Detached, Freehold	24 Mar 2006	£145,000	First Sale
93 RICHARD AVENUESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1983-1990	13 Sep 2004	£138,000	23.21%
	01 Oct 2002	£112,000	First Sale
97 RICHARD AVENUESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1976-1982	30 Jun 1995	£48,500	First Sale

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

RICHARD AVENUE, CO7 9HY Near By properties

Interactive Map

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

Terraced
- The average price is around £109,609 median price is £105,000 Standard Deviation is £58,875 with Total Sold: 203
- The Last 5 Year average price is £205,782 with Total Sold: 25
- 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 £153,963 median price is £152,000 Standard Deviation is £77,932 with Total Sold: 619
- The Last 5 Year average price is £277,803 with Total Sold: 92
- 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 £215,177 median price is £211,995 Standard Deviation is £114,168 with Total Sold: 187
- The Last 5 Year average price is £341,265 with Total Sold: 34
- 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 £72,878 median price is £65,000 Standard Deviation is £49,036 with Total Sold: 92
- 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	£195,667	£4,556	3
2022	£277,000	£4,875	2
2021	£202,300	£3,751	10
2020	£178,625	£3,733	2
2019	£215,857	£3,779	7
2018	£158,500	£3,770	2
2017	£156,833	£3,578	3
2016	£155,714	£3,074	7
2015	£144,700	£2,905	5
2014	£133,562	£2,478	8
2013	£150,833	£2,423	6
2012	£128,333	£2,300	3
2010	£144,125	£2,519	4
2009	£146,570	£2,765	5
2008	£107,170	£2,111	4
2007	£125,187	£2,723	8
2006	£114,250	£2,600	10
2005	£124,443	£2,453	9
2004	£124,685	£2,235	13
2003	£92,924	£2,251	10
2002	£87,545	£1,710	11
2001	£82,680	£1,383	13
2000	£56,370	£1,260	12
1999	£41,688	£1,001	8
1998	£45,144	£850	9
1997	£41,114	£819	11
1996	£43,083	£682	6
1995	£39,063	£791	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,714	£3,561	7
2023	£319,339	£4,362	14
2022	£301,129	£4,304	17
2021	£275,750	£4,223	12
2020	£250,761	£3,588	23
2019	£264,076	£3,824	19
2018	£246,294	£3,431	17
2017	£229,550	£3,465	10
2016	£214,535	£3,110	14
2015	£187,309	£2,712	21
2014	£171,250	£2,838	16
2013	£166,917	£2,466	18
2012	£162,562	£2,688	16
2011	£173,500	£2,851	19
2010	£163,109	£2,587	16
2009	£146,540	£2,264	25
2008	£176,461	£2,444	15
2007	£172,722	£2,584	27
2006	£169,500	£2,562	22
2005	£150,948	£2,502	29
2004	£143,968	£2,303	39
2003	£134,409	£2,309	23
2002	£110,598	£1,659	30
2001	£92,461	£1,296	32
2000	£76,179	£1,167	24
1999	£63,315	£928	27
1998	£54,313	£917	19
1997	£53,305	£831	30
1996	£50,065	£738	23
1995	£46,033	£706	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,300	£4,591	5
2023	£315,833	£4,404	3
2022	£415,750	£4,527	4
2021	£386,864	£3,653	11
2020	£274,000	£3,803	5
2019	£303,417	£3,727	6
2018	£259,833	£3,984	6
2017	£239,200	£3,528	5
2016	£370,333	£2,819	6
2015	£270,714	£2,675	7
2014	£254,333	£2,873	6
2013	£249,000	£2,515	1
2012	£260,000	£2,476	5
2011	£210,500	£2,359	6
2010	£249,500	£2,191	5
2009	£125,000		1
2008	£185,000	£2,784	4
2007	£218,454	£2,730	11
2006	£257,905	£2,779	11
2005	£208,000	£2,116	6
2004	£189,187	£2,345	12
2003	£189,250	£2,520	6
2002	£153,112	£1,974	4
2001	£147,950	£1,455	12
2000	£109,219	£1,161	7
1999	£81,949	£1,053	7
1998	£81,125	£829	4
1997	£62,611	£787	9
1996	£63,369	£630	8
1995	£74,500	£938	4

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	£78,300	£2,667	5
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 9HY area

The most common house types in the CO7 9HY postcode area are Semi-detached (59), Detached (23), and Terraced (16).

Total	99
Semi-detached	59
Detached	23
Terraced	16
Shared house	1
Flat	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 (36), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	36
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	28
Private rented: Other private rented	3
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 9HY have 2 people in household (43), and 1 person in household (32).

2 people in household	43
1 person in household	32
3 people in household	13
4 people in household	11
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0