Housing Market Analysis for WESTLAKE CRESCENT, CO7 9RZ

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

Overview of Sold House prices

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

Detached
- The average price is around £189,650 median price is £172,500 Standard Deviation is £90,831 with Total Sold: 23
- The Last 5 Year average price is £342,500 with Total Sold: 4
- The most recent sale happened at this postcode is 7 WESTLAKE CRESCENT: £360,000 (Sold on 29 Nov 2021)
- The first recorded sale happened at this postcode is 5 WESTLAKE CRESCENT: £69,950 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £196,000 median price is £196,000 Standard Deviation is £1,000 with Total Sold: 2
- The most recent sale happened at this postcode is 7 WESTLAKE CRESCENT: £195,000 (Sold on 14 Jun 2010)
- The first recorded sale happened at this postcode is 11 WESTLAKE CRESCENT: £197,000 (Sold on 05 Jan 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average CO7 9RZ 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
2021	£335,000	£4,148	2
2020	£325,000	£3,009	1
2019	£375,000	£2,698	1
2017	£280,000	£3,273	1
2015	£226,000	£3,096	1
2014	£228,000	£2,564	1
2013	£234,000	£2,516	1
2011	£190,000	£2,221	1
2007	£212,750	£1,643	2
2006	£150,000		1
2005	£172,500	£2,016	1
2003	£170,995	£1,839	1
2002	£127,500	£1,812	2
2000	£116,833	£1,117	3
1999	£80,000		1
1997	£78,500	£801	1
1996	£81,000	£643	1
1995	£69,950	£714	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£195,000	£2,193	1
2007	£197,000		1

All the Sales in the WESTLAKE CRESCENT, CO7 9RZ

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

Address	Sold Date	Price	% Change
7 WESTLAKE CRESCENTDetached, FreeholdArea: 88.91 Sq.mtrAge: 1976-1982	29 Nov 2021	£360,000	57.89%
	10 Oct 2014	£228,000	16.92%
	14 Jun 2010	£195,000	First Sale
10 WESTLAKE CRESCENTDetached, FreeholdArea: 73 Sq.mtrAge: 1976-1982	08 Sep 2021	£310,000	37.17%
	18 Sep 2015	£226,000	First Sale
6 WESTLAKE CRESCENTDetached, FreeholdArea: 108 Sq.mtrAge: 1976-1982	27 Nov 2020	£325,000	158.96%
	01 Nov 2000	£125,500	First Sale
1 WESTLAKE CRESCENTDetached, FreeholdArea: 139 Sq.mtrAge: 1976-1982	25 Apr 2019	£375,000	First Sale
2 WESTLAKE CRESCENTDetached, FreeholdArea: 85.55 Sq.mtrAge: 1983-1990	12 Jun 2017	£280,000	47.37%
	16 Dec 2011	£190,000	10.14%
	26 Oct 2005	£172,500	11.29%
	28 Jun 2002	£155,000	First Sale
9 WESTLAKE CRESCENTDetached, FreeholdArea: 93 Sq.mtrAge: 1983-1990	21 Jan 2013	£234,000	36.85%
	30 Jan 2003	£170,995	First Sale
3 WESTLAKE CRESCENTDetached, Freehold	29 Jun 2007	£195,500	30.33%
	03 Feb 2006	£150,000	50.00%
	14 Feb 2002	£100,000	First Sale
12 WESTLAKE CRESCENTDetached, FreeholdArea: 140 Sq.mtrAge: 1983-1990	19 Apr 2007	£230,000	First Sale
11 WESTLAKE CRESCENTSemi-Detached, Freehold	05 Jan 2007	£197,000	First Sale
8 WESTLAKE CRESCENTDetached, FreeholdArea: 126 Sq.mtrAge: 1983-1990	01 Aug 2000	£135,000	66.67%
	01 Mar 1996	£81,000	First Sale
15 WESTLAKE CRESCENTDetached, Freehold	30 Jun 2000	£90,000	First Sale
4 WESTLAKE CRESCENTDetached, Freehold	30 Jun 1999	£80,000	First Sale
5 WESTLAKE CRESCENTDetached, FreeholdArea: 98 Sq.mtrAge: 1983-1990	03 Sep 1997	£78,500	12.22%
	28 Apr 1995	£69,950	First Sale

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

WESTLAKE CRESCENT, CO7 9RZ Near By properties

Interactive Map

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

Detached
- The average price is around £240,191 median price is £225,500 Standard Deviation is £127,925 with Total Sold: 478
- The Last 5 Year average price is £410,102 with Total Sold: 78
- The most recent sale happened at this postcode is , 38 CHANEY ROAD: £383,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 68 CHANEY ROAD: £60,000 (Sold on 15 Feb 1995)
Terraced
- The average price is around £164,738 median price is £165,000 Standard Deviation is £82,592 with Total Sold: 175
- The Last 5 Year average price is £270,685 with Total Sold: 27
- The most recent sale happened at this postcode is , 6 CHANEY ROAD: £282,500 (Sold on 04 Jun 2024)
- The first recorded sale happened at this postcode is , 11 VALFREDA WAY: £55,500 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £175,114 median price is £172,000 Standard Deviation is £88,332 with Total Sold: 528
- The Last 5 Year average price is £300,885 with Total Sold: 84
- The most recent sale happened at this postcode is , 6 HEATH ROAD: £250,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 2 BRITANNIA CRESCENT: £100,000 (Sold on 17 Jan 1995)
Flat
- The average price is around £112,643 median price is £113,500 Standard Deviation is £56,940 with Total Sold: 56
- The Last 5 Year average price is £199,500 with Total Sold: 9
- The most recent sale happened at this postcode is 12, TRICKETT COURT VANESSA DRIVE: £200,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is FLAT 4, 118 THE AVENUE: £48,000 (Sold on 09 Feb 1995)
Other
- The average price is around £248,500 median price is £312,500 Standard Deviation is £145,221 with Total Sold: 4
- The Last 5 Year average price is £330,000 with Total Sold: 3
- 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 CRACKNELL CLOSE: £4,000 (Sold on 09 May 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£461,500		2
2023	£514,150	£4,749	10
2022	£466,167	£4,319	12
2021	£384,536	£3,864	28
2020	£370,556	£3,540	9
2019	£366,323	£3,518	17
2018	£312,562	£3,290	8
2017	£347,884	£4,070	13
2016	£307,187	£2,916	16
2015	£294,625	£2,971	20
2014	£313,423	£2,530	26
2013	£275,726	£2,581	11
2012	£243,219	£2,188	18
2011	£255,558	£2,657	21
2010	£283,500	£2,235	11
2009	£215,700	£2,261	10
2008	£213,562	£1,908	8
2007	£253,500	£2,989	14
2006	£240,800	£2,029	20
2005	£210,619	£1,754	21
2004	£216,770	£2,166	25
2003	£203,139	£1,661	18
2002	£172,611	£1,535	18
2001	£131,354	£1,205	24
2000	£118,324	£1,254	19
1999	£93,223	£1,004	13
1998	£97,868	£823	19
1997	£86,250	£754	17
1996	£71,857	£704	14
1995	£72,934	£693	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,500		2
2023	£352,667	£3,904	3
2022	£286,750	£3,705	10
2021	£245,571	£2,968	7
2020	£220,000	£3,014	1
2019	£216,750	£2,720	4
2018	£246,500	£2,948	11
2017	£205,250	£2,692	2
2016	£239,374	£2,688	4
2015	£212,500	£2,641	2
2014	£180,124	£2,301	8
2013	£184,750	£2,177	6
2012	£196,625	£2,031	4
2011	£190,625	£2,087	4
2010	£217,750	£2,216	6
2009	£171,667	£1,850	3
2008	£158,750	£1,439	2
2007	£206,200	£2,544	5
2006	£167,229	£1,899	7
2005	£169,400	£2,116	10
2004	£162,621	£2,000	12
2003	£135,908	£1,814	5
2002	£112,857	£1,376	14
2001	£79,658	£970	6
2000	£76,000	£1,148	2
1999	£65,312	£877	8
1998	£60,643	£692	7
1997	£55,359	£706	11
1996	£52,833	£665	6
1995	£56,417	£691	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£333,333	£3,935	3
2023	£321,955	£3,986	11
2022	£333,688	£3,934	16
2021	£294,583	£3,474	18
2020	£277,569	£3,359	18
2019	£283,059	£3,171	18
2018	£263,583	£2,821	12
2017	£261,999	£2,999	19
2016	£247,794	£2,893	17
2015	£226,211	£2,540	19
2014	£195,750	£2,076	21
2013	£190,625	£2,164	16
2012	£183,906	£2,382	16
2011	£182,464	£1,991	14
2010	£203,714	£1,995	14
2009	£168,529	£1,885	17
2008	£191,375	£1,797	12
2007	£183,281	£2,016	16
2006	£174,240	£1,828	25
2005	£175,132	£2,100	19
2004	£160,350	£1,882	20
2003	£147,585	£1,675	17
2002	£119,648	£1,382	25
2001	£119,035	£1,203	17
2000	£84,412	£973	24
1999	£69,574	£826	19
1998	£65,260	£811	20
1997	£61,397	£667	35
1996	£56,124	£616	20
1995	£59,220	£662	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£200,000	£3,328	1
2022	£220,833	£3,389	3
2021	£191,500	£2,865	2
2020	£182,500	£2,702	2
2019	£185,000	£2,229	1
2017	£135,500	£2,848	3
2016	£148,620	£2,416	5
2015	£125,000	£1,983	2
2014	£111,167	£2,311	3
2012	£140,250	£2,349	2
2011	£115,000	£1,913	1
2010	£117,500	£2,212	2
2009	£147,500	£1,541	2
2008	£115,000	£1,456	1
2005	£112,500	£2,350	2
2004	£110,625	£1,596	4
2003	£82,000	£1,604	4
2002	£48,000	£1,116	1
2001	£75,000		1
2000	£73,225	£724	2
1999	£42,238	£763	4
1998	£46,317	£723	3
1997	£24,000	£600	1
1996	£42,250	£594	2
1995	£28,775	£661	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000		1
2021	£365,000	£4,398	1
2019	£275,000	£2,750	1
2016	£4,000	£45	1

House Type in CO7 9RZ area

The most common house types in the CO7 9RZ postcode area are Detached (91), Semi-detached (1), and Terraced (0).

Total	92
Detached	91
Semi-detached	1
Terraced	0
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 (45), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	45
Owned: Owns with a mortgage or loan	37
Private rented: Private landlord or letting agency	7
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CO7 9RZ have 2 people in household (33), and 4 people in household (19).

2 people in household	33
4 people in household	19
1 person in household	18
3 people in household	16
5 people in household	2
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0