Queen Elizabeth Way - CO2 8LT
Key Postcode Insights
CO2 8LT is a residential postcode situated on Queen Elizabeth Way, Colchester, CO2 with 28 addresses.
It ranks as the 706th largest and 325th most expensive of the 914 postcodes in the CO2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £257,952
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,469pcm
- 10 Year change
- up 64.6%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
CO2 8LT is a residential postcode situated on Queen Elizabeth Way, Colchester, CO2 with 28 addresses.
It ranks as the 706th largest and 325th most expensive of the 914 postcodes in the CO2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £257,952
- 10 Year change
- up 30.0%
- Ave. Rental Price
- £1,469pcm
- 10 Year change
- up 64.6%
- Ave. £ per ft²
- £308/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin CO2 8LT
- 118 Queen Elizabeth Way
3 Bed Mid-century House
- 119 Queen Elizabeth Way
3 Bed Mid-century House
- 120 Queen Elizabeth Way
3 Bed Mid-century House
- 121 Queen Elizabeth Way
Unknown
- 122 Queen Elizabeth Way
3 Bed Mid-century House
Sales Market Trends
The last sale in CO2 8LT sold for £205,000 on 13th August 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £257,952.
The CO2 8LT Sales Market has increased by 30.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £257,952 |
| June 2025 | 2.4% | £260,314 |
| June 2024 | -2.2% | £254,256 |
| June 2023 | 3% | £259,936 |
| June 2022 | 10% | £252,299 |
| June 2021 | 5.2% | £229,442 |
| June 2020 | 0.2% | £218,170 |
| June 2019 | -0.6% | £217,722 |
| June 2018 | 1.1% | £218,927 |
| June 2017 | 9.2% | £216,569 |
| June 2016 | 13% | £198,390 |
| June 2015 | 7.1% | £175,492 |
| June 2014 | 8.2% | £163,811 |
| June 2013 | 1.3% | £151,454 |
| June 2012 | 2.4% | £149,545 |
| June 2011 | -1.5% | £146,104 |
| June 2010 | 11.4% | £148,353 |
| June 2009 | -11.9% | £133,157 |
| June 2008 | -5.7% | £151,107 |
| June 2007 | 0% | £160,270 |
Rental Market Trends
The current average rental value in the postcode is £1,469.
The CO2 8LT Rental Market has increased by 64.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,469pcm |
| June 2025 | 5% | £1,435pcm |
| June 2024 | 5.4% | £1,367pcm |
| June 2023 | 8% | £1,297pcm |
| June 2022 | 12.4% | £1,201pcm |
| June 2021 | 10.4% | £1,068pcm |
| June 2020 | 1.9% | £967pcm |
| June 2019 | 0.6% | £949pcm |
| June 2018 | 0.2% | £944pcm |
| June 2017 | 5.6% | £942pcm |
| June 2016 | 5% | £893pcm |
| June 2015 | 4.6% | £850pcm |
| June 2014 | 2.3% | £812pcm |
| June 2013 | 0.2% | £794pcm |
| June 2012 | 2.6% | £793pcm |
| June 2011 | 4.1% | £773pcm |
| June 2010 | 6.8% | £743pcm |
| June 2009 | -6.6% | £696pcm |
| June 2008 | 1.1% | £745pcm |
| June 2007 | 0% | £737pcm |
Sales History
The last sale was on 13th August 2025 for £205,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 33 sales since 1995.
CO2 8LT has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Aug 2025£205,000 | 3 Bed House137, Queen Elizabeth Way, Colchester, CO2 8LT137, Queen Elizabeth Way, Colchester, CO2 8LT
- Sold Jul 2025£265,000 | 3 Bed House122, Queen Elizabeth Way, Colchester, CO2 8LT122, Queen Elizabeth Way, Colchester, CO2 8LT
- Sold Sep 2022£310,000 | 3 Bed House124, Queen Elizabeth Way, Colchester, CO2 8LT124, Queen Elizabeth Way, Colchester, CO2 8LT
- Sold Jan 2022£245,000 | 3 Bed House118, Queen Elizabeth Way, Colchester, CO2 8LT118, Queen Elizabeth Way, Colchester, CO2 8LT
- Sold Aug 2020£238,000 | 3 Bed House142, Queen Elizabeth Way, Colchester, CO2 8LT142, Queen Elizabeth Way, Colchester, CO2 8LT
Nearby Postcodes
CO2 8LT is the 706th largest and the 325th most expensive postcode out of the 914 postcodes in the CO2 area.
- CO2 8LS, Terling Close, Colchester, CO2CO2 8LS22 Addresses|81 m away
- CO2 8LU, Queen Elizabeth Way, Colchester, CO2CO2 8LU12 Addresses|97 m away
- CO2 8LZ, Beeleigh Close, Colchester, CO2CO2 8LZ18 Addresses|105 m away
- CO2 8RB, Mersea Road, Blackheath, Colchester, CO2CO2 8RB18 Addresses|105 m away
- CO2 8LY, The Parade, Colchester, CO2CO2 8LY4 Addresses|105 m away
Property Types
- 24 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (24)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (3)
- F (1)
- C (10)
- G (0)
- D (9)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2020£313,000 | 3 Bed House49, Queen Elizabeth Way, Colchester, CO2 8QP49, Queen Elizabeth Way, Colchester, CO2 8QP
- Sold Sep 2022£310,000 | 3 Bed House124, Queen Elizabeth Way, Colchester, CO2 8LT124, Queen Elizabeth Way, Colchester, CO2 8LT
- Sold Jan 2024£295,000 | 3 Bed House87, Queen Elizabeth Way, Colchester, CO2 8QW87, Queen Elizabeth Way, Colchester, CO2 8QW
Schools Nearby
- Monkwick Junior School600 m away
- Monkwick Infant and Nursery School600 m away
- Cherry Tree Academy800 m away
- The Thomas Lord Audley School700 m away
- Paxman Academy2.8 km away
- Colchester Royal Grammar School3.0 km away
More reading links
Public Transport Nearby
The closest station to CO2 8LT is Colchester Town station, which is 2.6 kilometres away.
- Colchester Town|2.6 km away
- Hythe (Essex)|2.9 km away
- Wivenhoe|3.5 km away
- Colchester|4.3 km away
