CO1 1ZU is a residential postcode situated on Claremont Heights, Colchester, CO1 with 60 addresses.
It ranks as the 450th largest and 93rd most expensive of the 467 postcodes in the CO1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 60 properties: 60 flats.
CO1 1ZU is a residential postcode situated on Claremont Heights, Colchester, CO1 with 60 addresses.
It ranks as the 450th largest and 93rd most expensive of the 467 postcodes in the CO1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 60 properties: 60 flats.
Sale prices range from £141,312 for 2 bedroom leasehold flats (430 ft2) to £180,025 for 2 bedroom leasehold flats (742 ft2) .
Monthly rental prices range from £899 pcm for 2 bed flats to £1,066 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.6%.
The average value per square foot is £296.
The last sale in CO1 1ZU sold for £159,000 on 17th May 2024. Since then prices are down an average of 1.5%.
The current average value in the postcode is £152,237.
The CO1 1ZU Sales Market has increased by 13.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.3% | £152,237 |
| April 2025 | -1.7% | £151,763 |
| April 2024 | -1.1% | £154,423 |
| April 2023 | 0.6% | £156,199 |
| April 2022 | 7.7% | £155,341 |
| April 2021 | 2% | £144,276 |
| April 2020 | -1.3% | £141,452 |
| April 2019 | -0.9% | £143,380 |
| April 2018 | -0.4% | £144,649 |
| April 2017 | 8% | £145,201 |
| April 2016 | 9.1% | £134,415 |
| April 2015 | 6.7% | £123,179 |
| April 2014 | 6% | £115,428 |
| April 2013 | -1% | £108,936 |
| April 2012 | -0.2% | £110,054 |
| April 2011 | 0.5% | £110,241 |
| April 2010 | 4.6% | £109,719 |
| April 2009 | -14.8% | £104,891 |
| April 2008 | -5.2% | £123,180 |
| April 2007 | 0% | £129,910 |
The current average rental value in the postcode is £950.
The CO1 1ZU Rental Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £950pcm |
| April 2025 | 3.3% | £921pcm |
| April 2024 | 6.5% | £892pcm |
| April 2023 | 6.6% | £837pcm |
| April 2022 | 9.8% | £786pcm |
| April 2021 | 5% | £715pcm |
| April 2020 | 0.6% | £682pcm |
| April 2019 | -0.1% | £677pcm |
| April 2018 | 1.1% | £678pcm |
| April 2017 | 1.6% | £670pcm |
| April 2016 | 3.9% | £660pcm |
| April 2015 | 2.8% | £635pcm |
| April 2014 | 1.2% | £618pcm |
| April 2013 | -0.5% | £611pcm |
| April 2012 | 1.3% | £614pcm |
| April 2011 | 3.1% | £606pcm |
| April 2010 | 1.4% | £587pcm |
| April 2009 | -8.1% | £579pcm |
| April 2008 | 0.1% | £631pcm |
| April 2007 | 0% | £630pcm |
The last sale was on 17th May 2024 for £159,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 130 sales since 1995.
CO1 1ZU has seen 4 sales in the last three years and no sales in the last twelve months.
CO1 1ZU is the 450th largest and the 93rd most expensive postcode out of the 467 postcodes in the CO1 area.
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The closest station to CO1 1ZU is Colchester station which is 100 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around CO1 1ZU, 79.1% of property is privately rented and 9.6% is privately owned outright.
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 CO1 1ZU, 12.2% of residents are recorded as possessing school level qualifications and 45.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO1 1ZU, the average age was 40 and the most common age was 27.
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 CO1 1ZU, 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 CO1 1ZU, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.