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Lancer House Butt Road is a residential building situated on Butt Road, Colchester, CO2 with 53 addresses.
It ranks as the 355th largest and 347th most expensive of the 361 buildings in the CO2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 53 properties: 53 flats.
Lancer House Butt Road is a residential building situated on Butt Road, Colchester, CO2 with 53 addresses.
It ranks as the 355th largest and 347th most expensive of the 361 buildings in the CO2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 53 properties: 53 flats.
Sale prices range from £202,746 for 2 bedroom leasehold flats with a balcony (753 ft2) to £359,497 for 3 bedroom leasehold flats with a balcony (1,087 ft2) .
Monthly rental prices range from £1,015 pcm for 2 bed flats to £1,789 pcm for 3 bed flats.
The gross rental yield is between 5.9% and 6.3%.
The average value per square foot is £372.
The last sale in Lancer House Butt Road sold for £250,000 on 11th March 2026. Since then prices are down an average of 0.1%.
The current average value in the building is £291,534.
The Lancer House Butt Road Sales Market has increased by 9.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2% | £291,534 |
| May 2025 | -1.6% | £297,510 |
| May 2024 | -2.1% | £302,297 |
| May 2023 | 1.4% | £308,780 |
| May 2022 | 7% | £304,415 |
| May 2021 | 1.7% | £284,490 |
| May 2020 | -1.5% | £279,848 |
| May 2019 | -0.6% | £284,232 |
| May 2018 | 0.3% | £286,083 |
| May 2017 | 7.4% | £285,237 |
| May 2016 | 9.4% | £265,594 |
| May 2015 | 5.2% | £242,794 |
| May 2014 | 8.3% | £230,848 |
| May 2013 | -1.3% | £213,146 |
| May 2012 | 1.8% | £215,888 |
| May 2011 | -0.8% | £212,126 |
| May 2010 | 7.7% | £213,863 |
| May 2009 | -14.1% | £198,595 |
| May 2008 | -6.6% | £231,101 |
| May 2007 | 0% | £247,554 |
The current average rental value in the building is £1,472.
The Lancer House Butt Road Rental Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.3% | £1,472pcm |
| May 2025 | 2% | £1,454pcm |
| May 2024 | 6% | £1,426pcm |
| May 2023 | 6.5% | £1,345pcm |
| May 2022 | 9.6% | £1,262pcm |
| May 2021 | 5.7% | £1,152pcm |
| May 2020 | 0.3% | £1,090pcm |
| May 2019 | 0.9% | £1,087pcm |
| May 2018 | 0.4% | £1,078pcm |
| May 2017 | 2.3% | £1,074pcm |
| May 2016 | 2.7% | £1,050pcm |
| May 2015 | 2.1% | £1,023pcm |
| May 2014 | 2.7% | £1,001pcm |
| May 2013 | -1.3% | £975pcm |
| May 2012 | 2.5% | £988pcm |
| May 2011 | 3.2% | £964pcm |
| May 2010 | 4.3% | £934pcm |
| May 2009 | -8.2% | £896pcm |
| May 2008 | -0.7% | £975pcm |
| May 2007 | 0% | £982pcm |
The last sale was on 11th March 2026 for £250,000 and since then the market in the area has decreased by 0.1%. The building has had a total of 104 sales since 1995.
Lancer House, Butt Road, Colchester, CO2 7WE has seen 15 sales in the last three years and 3 sales in the last twelve months.
The closest station to Lancer House, Butt Road, Colchester, CO2 7WE is Colchester Town station which is 1.3 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lancer House, Butt Road, Colchester, CO2 7WE, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lancer House, Butt Road, Colchester, CO2 7WE, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lancer House, Butt Road, Colchester, CO2 7WE, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lancer House, Butt Road, Colchester, CO2 7WE, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.