CO1 2ZR is a residential postcode situated on Old Rectory Drive, Colchester, CO1 with 6 addresses.
It ranks as the 99th largest and 234th 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 6 properties: 6 flats.
CO1 2ZR is a residential postcode situated on Old Rectory Drive, Colchester, CO1 with 6 addresses.
It ranks as the 99th largest and 234th 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 6 properties: 6 flats.
Sale prices range from £148,958 for 2 bedroom leasehold flats (731 ft2) to £236,069 for 3 bedroom leasehold flats (924 ft2) .
Monthly rental prices range from £937 pcm for 2 bed flats to £1,174 pcm for 3 bed flats.
The gross rental yield is between 6.0% and 7.6%.
The average value per square foot is £264.
The last sale in CO1 2ZR sold for £247,000 on 13th June 2022. Since then prices are down an average of 5.3%.
The current average value in the postcode is £211,450.
The CO1 2ZR Sales Market has increased by 8.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £211,450 |
| May 2025 | -2.5% | £213,174 |
| May 2024 | -0.7% | £218,557 |
| May 2023 | -1% | £220,126 |
| May 2022 | 7.4% | £222,371 |
| May 2021 | 2.4% | £207,083 |
| May 2020 | -1% | £202,135 |
| May 2019 | -1.7% | £204,186 |
| May 2018 | -1.1% | £207,625 |
| May 2017 | 8.1% | £209,974 |
| May 2016 | 9.4% | £194,152 |
| May 2015 | 5.9% | £177,395 |
| May 2014 | 7.1% | £167,524 |
| May 2013 | -1% | £156,393 |
| May 2012 | 0.3% | £157,926 |
| May 2011 | 1% | £157,523 |
| May 2010 | 4% | £155,963 |
| May 2009 | -12.8% | £149,996 |
| May 2008 | -7.6% | £171,976 |
| May 2007 | 0% | £186,168 |
The current average rental value in the postcode is £1,094.
The CO1 2ZR Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,094pcm |
| May 2025 | 2.2% | £1,073pcm |
| May 2024 | 7.1% | £1,050pcm |
| May 2023 | 6.8% | £981pcm |
| May 2022 | 9.8% | £918pcm |
| May 2021 | 5.9% | £836pcm |
| May 2020 | 0.3% | £789pcm |
| May 2019 | 0.7% | £787pcm |
| May 2018 | 0.6% | £782pcm |
| May 2017 | 1.9% | £777pcm |
| May 2016 | 3.5% | £762pcm |
| May 2015 | 2.7% | £736pcm |
| May 2014 | 1.9% | £717pcm |
| May 2013 | -0.8% | £704pcm |
| May 2012 | 2.1% | £709pcm |
| May 2011 | 3% | £695pcm |
| May 2010 | 2.9% | £674pcm |
| May 2009 | -8.3% | £655pcm |
| May 2008 | -0.5% | £714pcm |
| May 2007 | 0% | £718pcm |
The last sale was on 13th June 2022 for £247,000 and since then the market in the area has decreased by 5.3%. The postcode has had a total of 6 sales since 1995.
CO1 2ZR has seen no sales in the last three years and no sales in the last twelve months.
CO1 2ZR is the 99th largest and the 234th most expensive postcode out of the 467 postcodes in the CO1 area.
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The closest station to CO1 2ZR is Colchester Town station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around CO1 2ZR, % 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 CO1 2ZR, 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 CO1 2ZR, 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 2ZR, 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.