Axial Drive - CO4 5RY
Key Postcode Insights
CO4 5RY is a residential postcode situated on Axial Drive, Colchester, CO4 with 95 addresses.
It ranks as the 1125th largest and 192nd most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 95 properties: 32 houses and 63 flats.
- Ave. Sale Price
- £246,477
- 10 Year change
- up 20.7%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 53.3%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
CO4 5RY is a residential postcode situated on Axial Drive, Colchester, CO4 with 95 addresses.
It ranks as the 1125th largest and 192nd most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 95 properties: 32 houses and 63 flats.
- Ave. Sale Price
- £246,477
- 10 Year change
- up 20.7%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 53.3%
- Ave. £ per ft²
- £280/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin CO4 5RY
- 2 Axial Drive
2 Bed Modern Flat
- 4 Axial Drive
2 Bed Modern Flat
- 6 Axial Drive
2 Bed Modern Flat
- 8 Axial Drive
2 Bed Modern Flat
- 10 Axial Drive
2 Bed Modern Flat
Sales Market Trends
The last sale in CO4 5RY sold for £190,000 on 22nd May 2026. Since then prices are up an average of 0.2%.
The current average value in the postcode is £246,477.
The CO4 5RY Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £246,477 |
| June 2025 | 0% | £248,498 |
| June 2024 | -0.8% | £248,514 |
| June 2023 | -0.2% | £250,398 |
| June 2022 | 9.1% | £250,900 |
| June 2021 | 5.1% | £229,999 |
| June 2020 | -0.3% | £218,939 |
| June 2019 | -0.4% | £219,547 |
| June 2018 | -0.2% | £220,499 |
| June 2017 | 8.2% | £220,976 |
| June 2016 | 11.6% | £204,211 |
| June 2015 | 8.4% | £182,990 |
| June 2014 | 7.1% | £168,806 |
| June 2013 | 0.4% | £157,574 |
| June 2012 | 1.5% | £156,877 |
| June 2011 | -0.1% | £154,578 |
| June 2010 | 8.7% | £154,668 |
| June 2009 | -12% | £142,284 |
| June 2008 | -6.8% | £161,664 |
| June 2007 | 0% | £173,405 |
Rental Market Trends
The current average rental value in the postcode is £1,174.
The CO4 5RY Rental Market has increased by 53.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,174pcm |
| June 2025 | 4.9% | £1,147pcm |
| June 2024 | 5.4% | £1,093pcm |
| June 2023 | 6.4% | £1,037pcm |
| June 2022 | 11% | £974pcm |
| June 2021 | 7.7% | £878pcm |
| June 2020 | 1.1% | £815pcm |
| June 2019 | 0.3% | £806pcm |
| June 2018 | 1.4% | £804pcm |
| June 2017 | 3.5% | £793pcm |
| June 2016 | 5.2% | £766pcm |
| June 2015 | 3.3% | £728pcm |
| June 2014 | 2.8% | £704pcm |
| June 2013 | 0.4% | £685pcm |
| June 2012 | 1.8% | £683pcm |
| June 2011 | 3.4% | £670pcm |
| June 2010 | 5.3% | £649pcm |
| June 2009 | -7.7% | £616pcm |
| June 2008 | 0.2% | £667pcm |
| June 2007 | 0% | £666pcm |
Sales History
The last sale was on 22nd May 2026 for £190,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 200 sales since 1995.
CO4 5RY has seen 16 sales in the last three years and 5 sales in the last twelve months.
- Sold May 2026£190,000 | 2 Bed Flat44, Axial Drive, Colchester, CO4 5RY44, Axial Drive, Colchester, CO4 5RY
- Sold Apr 2026£220,000 | 3 Bed Flat50, Axial Drive, Colchester, CO4 5RY50, Axial Drive, Colchester, CO4 5RY
- Sold Mar 2026£188,000 | 3 Bed Flat120, Axial Drive, Colchester, CO4 5RY120, Axial Drive, Colchester, CO4 5RY
- Sold Dec 2025£170,000 | 3 Bed Flat18, Axial Drive, Colchester, CO4 5RY18, Axial Drive, Colchester, CO4 5RY
- Sold Sep 2025£356,000 | 3 Bed House178, Axial Drive, Colchester, CO4 5RY178, Axial Drive, Colchester, CO4 5RY
Nearby Postcodes
CO4 5RY is the 1125th largest and the 192nd most expensive postcode out of the 1,130 postcodes in the CO4 area.
- CO4 5TY, Apprentice Drive, Colchester, CO4CO4 5TY28 Addresses|53 m away
- CO4 5ZW, Turbine Road, Colchester, CO4CO4 5ZW33 Addresses|57 m away
- CO4 5EZ, Turbine Road, Colchester, CO4CO4 5EZ26 Addresses|66 m away
- CO4 5SE, Apprentice Drive, Colchester, CO4CO4 5SE93 Addresses|111 m away
- CO4 5ZU, Blade Road, Colchester, CO4CO4 5ZU41 Addresses|140 m away
Property Types
- 32 modern houses built after 1980
- 61 modern flats built after 1980
- 2 flats of an unknown age
- modern house (32)
- modern flat (61)
- flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 93 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (34)
- F (0)
- C (57)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Sep 2024£585,000 | 5 Bed House224, Axial Drive, Colchester, CO4 5YJ224, Axial Drive, Colchester, CO4 5YJ
- Sold Mar 2025£585,000 | 5 Bed House217, Axial Drive, Colchester, CO4 5YJ217, Axial Drive, Colchester, CO4 5YJ
- Sold Apr 2026£515,000 | 4 Bed House237, Axial Drive, Colchester, CO4 5YJ237, Axial Drive, Colchester, CO4 5YJ
Schools Nearby
- Braiswick Primary School500 m away
- North Primary School and Nursery1.1 km away
- Queen Boudica Primary School1.3 km away
- St Helena School900 m away
- Colchester Royal Grammar School1.8 km away
- St Benedict's Catholic College2.0 km away
More reading links
Public Transport Nearby
The closest station to CO4 5RY is Colchester station, which is 800 metres away.
- Colchester|800 m away
- Colchester Town|2.3 km away
- Hythe (Essex)|3.6 km away
- Marks Tey|7.2 km away
