Queen Elizabeth Way - CO2 8QL
Key Postcode Insights
CO2 8QL is a residential postcode situated on Queen Elizabeth Way, Colchester, CO2 with 37 addresses.
It ranks as the 818th largest and 311th 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 37 properties: 33 houses and 4 flats.
- Ave. Sale Price
- £244,630
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £1,394pcm
- 10 Year change
- up 60.7%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
CO2 8QL is a residential postcode situated on Queen Elizabeth Way, Colchester, CO2 with 37 addresses.
It ranks as the 818th largest and 311th 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 37 properties: 33 houses and 4 flats.
- Ave. Sale Price
- £244,630
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £1,394pcm
- 10 Year change
- up 60.7%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin CO2 8QL
- 15A Queen Elizabeth Way
4 Bed Modern House
- 15 Queen Elizabeth Way
3 Bed Mid-century House
- 17 Queen Elizabeth Way
3 Bed Mid-century House
- 18 Queen Elizabeth Way
3 Bed Mid-century House
- 19 Queen Elizabeth Way
3 Bed Mid-century House
Sales Market Trends
The last sale in CO2 8QL sold for £260,000 on 8th August 2024. Since then prices are up an average of 17.2%.
The current average value in the postcode is £244,630.
The CO2 8QL Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £244,630 |
| June 2025 | 1.9% | £246,677 |
| June 2024 | -1.9% | £242,036 |
| June 2023 | 2.9% | £246,694 |
| June 2022 | 9.8% | £239,750 |
| June 2021 | 4.1% | £218,312 |
| June 2020 | -0.4% | £209,696 |
| June 2019 | -0.6% | £210,606 |
| June 2018 | 1.5% | £211,869 |
| June 2017 | 8.7% | £208,680 |
| June 2016 | 13.4% | £192,044 |
| June 2015 | 6.4% | £169,394 |
| June 2014 | 8.4% | £159,146 |
| June 2013 | 1.1% | £146,757 |
| June 2012 | 2.2% | £145,204 |
| June 2011 | -2.4% | £142,120 |
| June 2010 | 10.8% | £145,591 |
| June 2009 | -13.1% | £131,431 |
| June 2008 | -6.1% | £151,197 |
| June 2007 | 0% | £161,039 |
Rental Market Trends
The current average rental value in the postcode is £1,394.
The CO2 8QL Rental Market has increased by 60.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,394pcm |
| June 2025 | 4.4% | £1,360pcm |
| June 2024 | 5.7% | £1,303pcm |
| June 2023 | 7.5% | £1,233pcm |
| June 2022 | 12.3% | £1,146pcm |
| June 2021 | 9.6% | £1,021pcm |
| June 2020 | 1.3% | £931pcm |
| June 2019 | 0.4% | £919pcm |
| June 2018 | 0.2% | £916pcm |
| June 2017 | 5.3% | £913pcm |
| June 2016 | 5.1% | £868pcm |
| June 2015 | 4.2% | £825pcm |
| June 2014 | 2.5% | £792pcm |
| June 2013 | -0.1% | £773pcm |
| June 2012 | 2.4% | £774pcm |
| June 2011 | 3.6% | £756pcm |
| June 2010 | 5.7% | £730pcm |
| June 2009 | -7.6% | £691pcm |
| June 2008 | 0.5% | £748pcm |
| June 2007 | 0% | £744pcm |
Sales History
The last sale was on 8th August 2024 for £260,000 and since then the market in the area has increased by 17.2%. The postcode has had a total of 32 sales since 1995.
CO2 8QL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2024£260,000 | 3 Bed House48, Queen Elizabeth Way, Colchester, CO2 8QL48, Queen Elizabeth Way, Colchester, CO2 8QL
- Sold Nov 2023£270,000 | 3 Bed House38, Queen Elizabeth Way, Colchester, CO2 8QL38, Queen Elizabeth Way, Colchester, CO2 8QL
- Sold Mar 2021£225,000 | 3 Bed House46, Queen Elizabeth Way, Colchester, CO2 8QL46, Queen Elizabeth Way, Colchester, CO2 8QL
- Sold Jul 2020£240,000 | 3 Bed House23, Queen Elizabeth Way, Colchester, CO2 8QL23, Queen Elizabeth Way, Colchester, CO2 8QL
- Sold Feb 2020£218,000 | 3 Bed House33, Queen Elizabeth Way, Colchester, CO2 8QL33, Queen Elizabeth Way, Colchester, CO2 8QL
Nearby Postcodes
CO2 8QL is the 818th largest and the 311th most expensive postcode out of the 914 postcodes in the CO2 area.
- CO2 8QN, Firlie Walk, Colchester, CO2CO2 8QN10 Addresses|74 m away
- CO2 8QJ, Talcott Road, Colchester, CO2CO2 8QJ10 Addresses|83 m away
- CO2 8QB, Silverthorne Close, Colchester, CO2CO2 8QB17 Addresses|123 m away
- CO2 8QH, Queen Elizabeth Way, Colchester, CO2CO2 8QH18 Addresses|125 m away
- CO2 8QT, Windsor Close, Colchester, CO2CO2 8QT35 Addresses|129 m away
Property Types
- 2 modern houses built after 1980
- 21 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 8 other addresses of unknown type
- modern house (2)
- mid-century house (21)
- mid-century flat (4)
- house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (16)
- G (0)
- D (7)
- No EPC (10)
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 Infant and Nursery School200 m away
- Monkwick Junior School300 m away
- St. George's School1.2 km away
- The Thomas Lord Audley School300 m away
- Colchester Royal Grammar School2.4 km away
- Paxman Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to CO2 8QL is Colchester Town station, which is 2.0 kilometres away.
- Colchester Town|2.0 km away
- Hythe (Essex)|2.3 km away
- Wivenhoe|3.6 km away
- Colchester|3.7 km away