CO1 2EG is a residential postcode situated on New Town Road, Colchester, CO1 with 8 addresses.
It ranks as the 126th largest and 130th 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 8 properties: 8 flats.
CO1 2EG is a residential postcode situated on New Town Road, Colchester, CO1 with 8 addresses.
It ranks as the 126th largest and 130th 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 8 properties: 8 flats.
Sale prices range from £150,437 for 2 bedroom leasehold flats (581 ft2) to £181,065 for 2 bedroom leasehold flats (699 ft2) .
Monthly rental prices range from £929 pcm for 2 bed flats to £1,015 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 7.4%.
The average value per square foot is £278.
The last sale in CO1 2EG sold for £180,000 on 29th July 2022. Since then prices are down an average of 3.2%.
The current average value in the postcode is £169,093.
The CO1 2EG Sales Market has increased by 12.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £169,093 |
| April 2025 | -1.7% | £167,894 |
| April 2024 | -1.5% | £170,879 |
| April 2023 | 0.2% | £173,449 |
| April 2022 | 7.7% | £173,125 |
| April 2021 | 2.3% | £160,689 |
| April 2020 | -1.4% | £157,098 |
| April 2019 | -1.4% | £159,366 |
| April 2018 | -0.6% | £161,705 |
| April 2017 | 8.6% | £162,689 |
| April 2016 | 9.1% | £149,741 |
| April 2015 | 5.9% | £137,259 |
| April 2014 | 6.4% | £129,565 |
| April 2013 | -1.2% | £121,772 |
| April 2012 | -0.3% | £123,293 |
| April 2011 | 0.6% | £123,636 |
| April 2010 | 3.8% | £122,881 |
| April 2009 | -14.4% | £118,388 |
| April 2008 | -6% | £138,342 |
| April 2007 | 0% | £147,143 |
The current average rental value in the postcode is £973.
The CO1 2EG Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £973pcm |
| April 2025 | 3.2% | £942pcm |
| April 2024 | 7% | £913pcm |
| April 2023 | 6.7% | £853pcm |
| April 2022 | 10.2% | £800pcm |
| April 2021 | 5.3% | £726pcm |
| April 2020 | 0.6% | £689pcm |
| April 2019 | -0.1% | £685pcm |
| April 2018 | 1% | £685pcm |
| April 2017 | 1.9% | £679pcm |
| April 2016 | 3.8% | £666pcm |
| April 2015 | 2.8% | £642pcm |
| April 2014 | 1.3% | £624pcm |
| April 2013 | -0.8% | £616pcm |
| April 2012 | 1.5% | £621pcm |
| April 2011 | 2.9% | £612pcm |
| April 2010 | 1.5% | £595pcm |
| April 2009 | -8.1% | £586pcm |
| April 2008 | -0.1% | £638pcm |
| April 2007 | 0% | £638pcm |
The last sale was on 29th July 2022 for £180,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 17 sales since 1995.
CO1 2EG has seen no sales in the last three years and no sales in the last twelve months.
CO1 2EG is the 126th largest and the 130th most expensive postcode out of the 467 postcodes in the CO1 area.
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The closest station to CO1 2EG is Colchester Town station which is 600 metres away.
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