CO4 5YR is a residential postcode situated on Propelair Way, Colchester, CO4 with 64 addresses.
It ranks as the 1105th largest and 126th most expensive of the 1,130 postcodes in the CO4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 64 properties: 64 flats.
CO4 5YR is a residential postcode situated on Propelair Way, Colchester, CO4 with 64 addresses.
It ranks as the 1105th largest and 126th most expensive of the 1,130 postcodes in the CO4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 64 properties: 64 flats.
Sale prices range from £153,979 for 2 bedroom leasehold flats with a balcony (484 ft2) to £200,654 for 3 bedroom leasehold flats with a balcony (839 ft2) .
Monthly rental prices range from £909 pcm for 2 bed flats to £999 pcm for 3 bed flats.
The gross rental yield is between 6.0% and 7.1%.
The average value per square foot is £269.
The last sale in CO4 5YR sold for £176,500 on 13th October 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £180,469.
The CO4 5YR Sales Market has increased by 13.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £180,469 |
| April 2025 | -1.8% | £181,101 |
| April 2024 | -1.3% | £184,340 |
| April 2023 | 0.8% | £186,810 |
| April 2022 | 7% | £185,403 |
| April 2021 | 1.8% | £173,336 |
| April 2020 | -1.3% | £170,332 |
| April 2019 | 0.2% | £172,553 |
| April 2018 | 0.1% | £172,183 |
| April 2017 | 8% | £172,047 |
| April 2016 | 7.4% | £159,237 |
| April 2015 | 7.4% | £148,334 |
| April 2014 | 5.5% | £138,167 |
| April 2013 | -0.8% | £130,950 |
| April 2012 | 0.7% | £132,045 |
| April 2011 | 0.1% | £131,083 |
| April 2010 | 6.5% | £130,944 |
| April 2009 | -15.2% | £122,957 |
| April 2008 | -4.4% | £145,026 |
| April 2007 | 0% | £151,751 |
The current average rental value in the postcode is £964.
The CO4 5YR Rental Market has increased by 40.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £964pcm |
| April 2025 | 3.3% | £939pcm |
| April 2024 | 5.4% | £909pcm |
| April 2023 | 5.9% | £862pcm |
| April 2022 | 8.7% | £814pcm |
| April 2021 | 4.5% | £749pcm |
| April 2020 | 0.7% | £717pcm |
| April 2019 | 0.3% | £712pcm |
| April 2018 | 1.4% | £709pcm |
| April 2017 | 2% | £699pcm |
| April 2016 | 2.3% | £685pcm |
| April 2015 | 2.4% | £670pcm |
| April 2014 | 1% | £655pcm |
| April 2013 | -0.2% | £648pcm |
| April 2012 | 1.7% | £649pcm |
| April 2011 | 3.1% | £639pcm |
| April 2010 | 2.3% | £619pcm |
| April 2009 | -8% | £606pcm |
| April 2008 | -0.2% | £658pcm |
| April 2007 | 0% | £659pcm |
The last sale was on 13th October 2025 for £176,500 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 113 sales since 1995.
CO4 5YR has seen 11 sales in the last three years and 1 sale in the last twelve months.
CO4 5YR is the 1105th largest and the 126th most expensive postcode out of the 1,130 postcodes in the CO4 area.
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The closest station to CO4 5YR is Colchester station which is 600 metres away.
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