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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
CO1 2LYHouse Prices / East of England, Colchester, Challenge Way
Last updated May 2026
Key Postcode Insights
CO1 2LY is a residential postcode situated on Challenge Way, Colchester, CO1 with 1 addresses.
It ranks as the 17th largest and 419th most expensive of the 467 postcodes in the CO1 area.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
Key Postcode Insights
CO1 2LY is a residential postcode situated on Challenge Way, Colchester, CO1 with 1 addresses.
It ranks as the 17th largest and 419th most expensive of the 467 postcodes in the CO1 area.
The postcode contains a total of 1 properties: 1 house.
1
Property
- Houses
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House Pricesin CO1 2LY
Sale prices range from £343,714 for 4 bedroom freehold houses with a garden (1,162 ft2) to £343,714 for 4 bedroom freehold houses with a garden (1,162 ft2) .
Monthly rental prices range from £1,659 pcm for 4 bed houses to £1,659 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 5.8%.
The average value per square foot is £296.
Average Sale Value
£343,714
Average Rental Value
£1,659 pcm
Average Rental Yield
5.8% /year
Average Value Per Sqft
£296 /ft2
Sales Market Trendsin CO1 2LY
The current average value in the postcode is £343,714.
The CO1 2LY Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £343,714 |
| April 2025 | 0.1% | £345,790 |
| April 2024 | -3.1% | £345,401 |
| April 2023 | 3.4% | £356,322 |
| April 2022 | 9.2% | £344,452 |
| April 2021 | 5.9% | £315,418 |
| April 2020 | 0.1% | £297,875 |
| April 2019 | -1.4% | £297,455 |
| April 2018 | 0.1% | £301,808 |
| April 2017 | 11.2% | £301,371 |
| April 2016 | 10.4% | £270,903 |
| April 2015 | 7.7% | £245,464 |
| April 2014 | 7.3% | £227,827 |
| April 2013 | 3.2% | £212,350 |
| April 2012 | 0.1% | £205,709 |
| April 2011 | 2.2% | £205,588 |
| April 2010 | 7.5% | £201,252 |
| April 2009 | -12.9% | £187,221 |
| April 2008 | -4.2% | £214,834 |
| April 2007 | 0% | £224,160 |
Rental Market Trendsin CO1 2LY
The current average rental value in the postcode is £1,659.
The CO1 2LY Rental Market has increased by 63.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,659pcm |
| April 2025 | 5% | £1,626pcm |
| April 2024 | 5.3% | £1,549pcm |
| April 2023 | 9.9% | £1,471pcm |
| April 2022 | 11.7% | £1,338pcm |
| April 2021 | 9.1% | £1,198pcm |
| April 2020 | 2.2% | £1,098pcm |
| April 2019 | -0.1% | £1,075pcm |
| April 2018 | 1.6% | £1,076pcm |
| April 2017 | 4.5% | £1,059pcm |
| April 2016 | 4.9% | £1,014pcm |
| April 2015 | 4.5% | £966pcm |
| April 2014 | 2.2% | £924pcm |
| April 2013 | 3.7% | £905pcm |
| April 2012 | 1.7% | £873pcm |
| April 2011 | 4.6% | £858pcm |
| April 2010 | 4.9% | £820pcm |
| April 2009 | -6.3% | £782pcm |
| April 2008 | 1.7% | £834pcm |
| April 2007 | 0% | £820pcm |
Nearby Postcodesto CO1 2LY
CO1 2LY is the 17th largest and the 419th most expensive postcode out of the 467 postcodes in the CO1 area.
- 74 mCO1 2NL, Edward Paxman Gardens, Colchester, CO1CO1 2NL28 Addresses
- 77 mCO1 2NB, Hythe Hill, Colchester, CO1CO1 2NB11 Addresses
- 77 mCO1 2NT, Edward Paxman Gardens, Colchester, CO1CO1 2NT13 Addresses
- 80 mCO1 2LT, Barrack Street, Colchester, CO1CO1 2LT1 Addresses
- 80 mCO1 2NG, Hythe Hill, Colchester, CO1CO1 2NG19 Addresses
- 86 mCO1 2LZ, Barrack Street, Colchester, CO1CO1 2LZ16 Addresses
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Property Typesin CO1 2LY
- 1 other address of unknown type
- Unknown (1)
Energy Efficiencyof properties in CO1 2LY
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearbyto CO1 2LY
The nearest primary school to CO1 2LY is Kendall Church of England Primary School which is 810 metres away.
- 810mKendall Church of England Primary School
- 844mSt Thomas More's Catholic Primary School, Colchester
- 908mSt James the Great Church of England Primary School
The nearest secondary school is Colchester Academy which is 1.7 kilometres away.
- 1.7kmColchester Academy
- 2.1kmThe Thomas Lord Audley School
- 2.2kmColchester Royal Grammar School
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Public Transport Nearbyto CO1 2LY
The closest station to CO1 2LY is Hythe (Essex) station which is 600 metres away.
- 589mHythe (Essex)
- 1.0kmColchester Town
- 2.4kmColchester
- 4.1kmWivenhoe
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