Housing Market Analysis for COLBURN WAY, RM16 2EG

Are you looking to understand RM16 2EG 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 Thurrock postcode.

For the location information and nearby amenities in the RM16 2EG area, explore the RM16 2EG Area information page.
For comprehensive crime statistics in the RM16 2EG area, explore the RM16 2EG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM16 2EG postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £304,548 median price is £305,000 Standard Deviation is £57,905 with Total Sold: 30
- The Last 5 Year average price is £369,500 with Total Sold: 10
- The most recent sale happened at this postcode is 7 COLBURN WAY: £395,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 19 COLBURN WAY: £249,995 (Sold on 30 May 2014)
Detached
- The average price is around £331,000 median price is £325,000 Standard Deviation is £39,166 with Total Sold: 5
- The Last 5 Year average price is £370,000 with Total Sold: 2
- The most recent sale happened at this postcode is 14 COLBURN WAY: £360,000 (Sold on 19 Dec 2019)
- The first recorded sale happened at this postcode is 12 COLBURN WAY: £325,000 (Sold on 28 Sep 2015)
Terraced
- The average price is around £249,995 median price is £249,995 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 11 COLBURN WAY: £249,995 (Sold on 27 Mar 2015)
- The first recorded sale happened at this postcode is 11 COLBURN WAY: £249,995 (Sold on 27 Mar 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average RM16 2EG 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	£413,667	£5,067	3
2022	£412,000	£5,086	1
2021	£395,000	£4,877	1
2020	£331,250	£3,948	4
2019	£322,000	£3,975	1
2018	£325,000	£4,012	1
2017	£329,000	£3,962	2
2016	£309,167	£3,757	3
2015	£252,382	£3,094	13
2014	£249,995	£2,907	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£370,000	£3,663	2
2016	£265,000	£3,155	1
2015	£325,000	£3,218	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£249,995	£3,086	1

All the Sales in the COLBURN WAY, RM16 2EG

See the table below for more details on the sold house prices in the RM16 2EG, Thurrock postcode.

Address	Sold Date	Price	% Change
7 COLBURN WAYSemi-Detached, FreeholdArea: 82 Sq.mtr	28 Jul 2023	£395,000	27.42%
7 COLBURN WAYSemi-Detached, FreeholdArea: 82 Sq.mtr	31 Aug 2016	£310,000	First Sale
20 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	12 May 2023	£440,000	76.00%
20 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	27 Apr 2015	£249,995	First Sale
4 COLBURN WAYSemi-Detached, FreeholdArea: 82 Sq.mtr	06 Apr 2023	£406,000	58.59%
4 COLBURN WAYSemi-Detached, FreeholdArea: 82 Sq.mtr	30 Nov 2015	£256,000	First Sale
16 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	13 Dec 2022	£412,000	64.80%
16 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	30 Apr 2015	£249,995	First Sale
6 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	22 Nov 2021	£395,000	54.30%
	30 Nov 2015	£256,000	0.0
	30 Nov 2015	£256,000	First Sale
13 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	18 Dec 2020	£325,000	30.00%
13 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	23 Mar 2015	£249,995	First Sale
18 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	28 Sep 2020	£335,000	34.00%
18 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	30 Apr 2015	£249,995	First Sale
24 COLBURN WAYSemi-Detached, FreeholdArea: 87 Sq.mtr	31 Jul 2020	£335,000	1.52%
	10 Jul 2020	£330,000	32.00%
	27 Feb 2015	£249,995	First Sale
14 COLBURN WAYDetached, FreeholdArea: 101 Sq.mtr	19 Dec 2019	£360,000	-5.26%
	22 Oct 2019	£380,000	16.92%
	30 Sep 2015	£325,000	First Sale
15 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	14 Aug 2019	£322,000	28.80%
15 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	31 Mar 2015	£249,995	First Sale
22 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	01 Mar 2018	£325,000	30.00%
22 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	30 Apr 2015	£249,995	First Sale
1 COLBURN WAYSemi-Detached, FreeholdArea: 85 Sq.mtr	15 Dec 2017	£345,000	First Sale
3 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	28 Feb 2017	£313,000	First Sale
5 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	22 Dec 2016	£317,500	First Sale
9 COLBURN WAYSemi-Detached, FreeholdArea: 84 Sq.mtr	25 Nov 2016	£300,000	First Sale
10 COLBURN WAYDetached, FreeholdArea: 84 Sq.mtr	19 Feb 2016	£265,000	First Sale
8 COLBURN WAYSemi-Detached, FreeholdArea: 82 Sq.mtr	14 Dec 2015	£256,000	First Sale
2 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	30 Nov 2015	£257,000	First Sale
12 COLBURN WAYDetached, FreeholdArea: 101 Sq.mtr	28 Sep 2015	£325,000	First Sale
17 COLBURN WAYSemi-Detached, FreeholdArea: 81 Sq.mtr	27 Mar 2015	£249,995	First Sale
11 COLBURN WAYTerraced, FreeholdArea: 81 Sq.mtr	27 Mar 2015	£249,995	First Sale
19 COLBURN WAYSemi-Detached, FreeholdArea: 86 Sq.mtr	30 May 2014	£249,995	First Sale

Check out the sold house prices near the RM16 2EG postcode. Properties currently for saleProperties currently for rent

COLBURN WAY, RM16 2EG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM16 2EG 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 RM16 2EG postcode.

Detached
- The average price is around £313,374 median price is £310,000 Standard Deviation is £130,465 with Total Sold: 217
- The Last 5 Year average price is £459,720 with Total Sold: 34
- The most recent sale happened at this postcode is , 13 KING EDWARD DRIVE: £665,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 45 CARLTON ROAD: £81,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £251,535 median price is £249,995 Standard Deviation is £106,517 with Total Sold: 806
- The Last 5 Year average price is £380,485 with Total Sold: 125
- The most recent sale happened at this postcode is , 16 HEATHLAND WAY: £400,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 79 KING EDWARD DRIVE: £84,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £229,079 median price is £246,250 Standard Deviation is £94,029 with Total Sold: 232
- The Last 5 Year average price is £319,614 with Total Sold: 31
- The most recent sale happened at this postcode is , 43 MALVERN ROAD: £367,500 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 19 TEMPLER AVENUE: £14,000 (Sold on 17 Feb 1995)
Other
- The average price is around £357,900 median price is £327,500 Standard Deviation is £144,283 with Total Sold: 5
- The Last 5 Year average price is £383,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 12 BARNMEAD MEADOW: £450,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 70 BARNMEAD MEADOW: £327,500 (Sold on 31 Mar 2017)
Flat
- The average price is around £171,898 median price is £170,000 Standard Deviation is £63,219 with Total Sold: 53
- The Last 5 Year average price is £229,375 with Total Sold: 16
- The most recent sale happened at this postcode is 32, BARROW HALL HOUSE WOODSIDE CLOSE: £205,000 (Sold on 08 Sep 2023)
- The first recorded sale happened at this postcode is , 25B MALVERN ROAD: £31,700 (Sold on 30 Mar 1999)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£730,000		2
2023	£472,498	£3,979	2
2022	£632,000	£5,557	3
2021	£408,292	£4,470	12
2020	£442,833	£4,327	6
2019	£419,222	£3,796	9
2018	£463,611	£3,755	9
2017	£378,714	£3,205	28
2016	£348,161	£3,036	28
2015	£308,035	£3,171	14
2014	£279,748	£2,873	20
2013	£248,398	£2,668	5
2012	£342,498	£3,017	2
2011	£292,187	£2,611	8
2010	£313,100	£2,477	5
2009	£237,875	£2,295	4
2008	£370,000	£1,595	1
2007	£232,000	£2,495	1
2006	£293,312	£2,836	8
2005	£390,000	£2,067	3
2004	£240,667	£1,718	3
2003	£205,082	£2,586	6
2002	£180,250	£1,314	6
2001	£209,250	£2,443	4
2000	£140,548	£1,244	5
1999	£145,250	£982	4
1998	£108,124	£641	4
1997	£110,200	£934	5
1996	£80,900		5
1995	£99,300		5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,714	£5,086	7
2023	£415,710	£5,168	19
2022	£438,167	£4,882	12
2021	£373,131	£4,535	39
2020	£352,889	£4,185	27
2019	£361,381	£3,989	21
2018	£354,013	£4,059	39
2017	£339,317	£3,789	67
2016	£323,712	£3,562	59
2015	£272,933	£3,103	53
2014	£251,628	£2,847	61
2013	£235,994	£2,830	36
2012	£221,958	£2,497	12
2011	£231,892	£2,685	14
2010	£220,962	£2,791	13
2009	£228,085	£2,633	17
2008	£245,357	£2,563	14
2007	£252,767	£2,560	28
2006	£230,739	£2,272	25
2005	£224,940	£2,322	24
2004	£223,036	£2,272	19
2003	£190,843	£1,921	32
2002	£144,541	£1,742	25
2001	£131,363	£1,527	21
2000	£111,145	£1,273	24
1999	£82,107	£972	18
1998	£77,483	£938	23
1997	£79,372	£849	24
1996	£71,285	£923	14
1995	£70,525	£855	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£367,500		1
2023	£495,000	£4,677	2
2022	£354,600	£3,968	5
2021	£316,650	£3,993	10
2020	£280,750	£3,519	4
2019	£276,448	£3,538	9
2018	£300,500	£3,672	12
2017	£323,300	£3,675	25
2016	£273,529	£3,405	17
2015	£261,795	£2,930	22
2014	£251,172	£2,899	23
2013	£208,497	£2,784	21
2012	£187,167	£2,216	3
2011	£207,999	£2,122	7
2010	£203,167	£1,942	3
2009	£150,833	£1,589	3
2008	£161,000	£2,328	3
2007	£265,250	£2,156	2
2006	£156,998	£1,861	5
2005	£197,642	£2,158	7
2004	£187,799	£1,795	5
2003	£111,500	£1,483	2
2002	£129,642	£1,636	7
2001	£108,213	£1,289	7
2000	£147,000	£1,267	4
1999	£86,749	£887	5
1998	£76,500	£827	2
1997	£52,208	£661	6
1996	£41,143	£464	7
1995	£40,167	£611	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£450,000		1
2020	£565,000	£3,767	1
2019	£135,000		1
2017	£319,750	£3,830	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£223,333	£4,247	3
2022	£312,667	£4,453	3
2020	£206,250	£3,853	2
2019	£206,188	£3,822	8
2018	£200,000	£3,448	3
2017	£192,125	£3,523	6
2016	£164,998	£3,199	2
2015	£144,625	£2,163	3
2014	£144,639	£2,650	18
2003	£83,000	£2,131	1
2002	£53,000	£1,395	1
2001	£59,000	£1,093	1
2000	£93,800	£1,031	1
1999	£31,700	£576	1

House Type in RM16 2EG area

The most common house types in the RM16 2EG postcode area are Semi-detached (106), Detached (36), and Terraced (23).

Total	171
Semi-detached	106
Detached	36
Terraced	23
Flat	5
Shared house	1
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 with a mortgage or loan (123), and Owned: Owns outright (18).

Owned: Owns with a mortgage or loan	123
Owned: Owns outright	18
Private rented: Private landlord or letting agency	16
Social rented: Other social rented	11
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RM16 2EG have 3 people in household (51), and 4 people in household (47).

3 people in household	51
4 people in household	47
2 people in household	37
1 person in household	20
5 people in household	11
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0