Sheepen Place - CO3 3LT
Key Postcode Insights
CO3 3LT is a residential postcode situated on Sheepen Place, Colchester, CO3 with 48 addresses.
It ranks as the 788th largest and 8th most expensive of the 821 postcodes in the CO3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £129,550
- 10 Year change
- up 12.4%
- Ave. Rental Price
- £967pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Key Postcode Insights
CO3 3LT is a residential postcode situated on Sheepen Place, Colchester, CO3 with 48 addresses.
It ranks as the 788th largest and 8th most expensive of the 821 postcodes in the CO3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 48 properties: 48 flats.
- Ave. Sale Price
- £129,550
- 10 Year change
- up 12.4%
- Ave. Rental Price
- £967pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Explore Propertiesin CO3 3LT
- 30 Sheepen Place
1 Bed Modern Flat
- 32 Sheepen Place
1 Bed Modern Flat
- 34 Sheepen Place
2 Bed Modern Flat
- 36 Sheepen Place
2 Bed Modern Flat
- 38 Sheepen Place
2 Bed Modern Flat
Sales Market Trends
The last sale in CO3 3LT sold for £142,000 on 22nd September 2025. Since then prices are up an average of 0.9%.
The current average value in the postcode is £129,550.
The CO3 3LT Sales Market has increased by 12.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £129,550 |
| June 2025 | -1% | £128,818 |
| June 2024 | -0.6% | £130,055 |
| June 2023 | -0.8% | £130,838 |
| June 2022 | 7.1% | £131,832 |
| June 2021 | 3.2% | £123,104 |
| June 2020 | -0.3% | £119,281 |
| June 2019 | -1.7% | £119,664 |
| June 2018 | -1.6% | £121,677 |
| June 2017 | 7.3% | £123,645 |
| June 2016 | 11.3% | £115,270 |
| June 2015 | 6.5% | £103,528 |
| June 2014 | 6.7% | £97,202 |
| June 2013 | -0.1% | £91,069 |
| June 2012 | 0% | £91,186 |
| June 2011 | -0.7% | £91,227 |
| June 2010 | 4.6% | £91,914 |
| June 2009 | -11.7% | £87,866 |
| June 2008 | -8.7% | £99,462 |
| June 2007 | 0% | £108,948 |
Rental Market Trends
The current average rental value in the postcode is £967.
The CO3 3LT Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £967pcm |
| June 2025 | 2.7% | £933pcm |
| June 2024 | 6.5% | £909pcm |
| June 2023 | 6.6% | £853pcm |
| June 2022 | 9.6% | £800pcm |
| June 2021 | 6.8% | £730pcm |
| June 2020 | 0.9% | £684pcm |
| June 2019 | 0.3% | £678pcm |
| June 2018 | -0.2% | £676pcm |
| June 2017 | 2.4% | £677pcm |
| June 2016 | 4.5% | £661pcm |
| June 2015 | 3% | £633pcm |
| June 2014 | 1.6% | £614pcm |
| June 2013 | -0.4% | £605pcm |
| June 2012 | 0.4% | £607pcm |
| June 2011 | 2.4% | £605pcm |
| June 2010 | 3.1% | £591pcm |
| June 2009 | -8% | £573pcm |
| June 2008 | -1% | £623pcm |
| June 2007 | 0% | £629pcm |
Sales History
The last sale was on 22nd September 2025 for £142,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 95 sales since 1995.
CO3 3LT has seen 15 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£142,000 | 1 Bed Flat124, Sheepen Place, Colchester, CO3 3LT124, Sheepen Place, Colchester, CO3 3LT
- Sold Jul 2025£110,000 | 1 Bed Flat122, Sheepen Place, Colchester, CO3 3LT122, Sheepen Place, Colchester, CO3 3LT
- Sold May 2025£101,500 | 2 Bed Flat112, Sheepen Place, Colchester, CO3 3LT112, Sheepen Place, Colchester, CO3 3LT
- Sold Sep 2024£160,000 | 1 Bed Flat84, Sheepen Place, Colchester, CO3 3LT84, Sheepen Place, Colchester, CO3 3LT
- Sold Jun 2024£195,000 | 2 Bed Flat90, Sheepen Place, Colchester, CO3 3LT90, Sheepen Place, Colchester, CO3 3LT
Nearby Postcodes
CO3 3LT is the 788th largest and the 8th most expensive postcode out of the 821 postcodes in the CO3 area.
- CO3 3LD, Sheepen Place, Colchester, CO3CO3 3LD16 Addresses|83 m away
- CO3 3LF, Sheepen Road, Colchester, CO3CO3 3LF8 Addresses|122 m away
- CO3 3LG, Rotary Way, Colchester, CO3CO3 3LG79 Addresses|129 m away
- CO3 3LJ, Rotary Way, Colchester, CO3CO3 3LJ80 Addresses|129 m away
- CO3 3GT, Sheepen Road Retail Park, Colchester, CO3CO3 3GT2 Addresses|223 m away
Property Types
- 44 modern flats built after 1980
- 4 other addresses of unknown type
- modern flat (44)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 45 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (14)
- F (0)
- C (31)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jul 2025£260,000 | 3 Bed House17, Sheepen Place, Colchester, CO3 3LD17, Sheepen Place, Colchester, CO3 3LD
- Sold Dec 2018£250,000 | 3 Bed House11, Sheepen Place, Colchester, CO3 3LD11, Sheepen Place, Colchester, CO3 3LD
- Sold Apr 2022£245,000 | 3 Bed House29, Sheepen Place, Colchester, CO3 3LD29, Sheepen Place, Colchester, CO3 3LD
Schools Nearby
- North Primary School and Nursery200 m away
- St John's Green Primary School1.0 km away
- St Thomas More's Catholic Primary School, Colchester1.2 km away
- St Helena School300 m away
- Colchester Royal Grammar School900 m away
- St Benedict's Catholic College1.6 km away
More reading links
Public Transport Nearby
The closest station to CO3 3LT is Colchester station, which is 700 metres away.
- Colchester|700 m away
- Colchester Town|1.1 km away
- Hythe (Essex)|2.6 km away
- Wivenhoe|6.0 km away
