CO5 7HY is a residential postcode situated on Rectory Road, Rowhedge, Colchester, CO5 with 53 addresses.
It ranks as the 928th largest and 213th most expensive of the 942 postcodes in the CO5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 53 properties: 39 houses and 14 flats.
CO5 7HY is a residential postcode situated on Rectory Road, Rowhedge, Colchester, CO5 with 53 addresses.
It ranks as the 928th largest and 213th most expensive of the 942 postcodes in the CO5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 53 properties: 39 houses and 14 flats.
Sale prices range from £159,298 for 2 bedroom leasehold flats (527 ft2) to £605,109 for 5 bedroom freehold houses with a garden (2,397 ft2) .
Monthly rental prices range from £918 pcm for 2 bed flats to £2,183 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 6.9%.
The average value per square foot is £362.
The last sale in CO5 7HY sold for £375,000 on 8th June 2022. Since then prices are up an average of 0.3%.
The current average value in the postcode is £309,647.
The CO5 7HY Sales Market has increased by 25.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1% | £309,647 |
| May 2025 | 1.1% | £312,734 |
| May 2024 | -2.1% | £309,305 |
| May 2023 | 2.9% | £315,797 |
| May 2022 | 8.9% | £306,884 |
| May 2021 | 4.4% | £281,689 |
| May 2020 | -0.6% | £269,688 |
| May 2019 | -1.1% | £271,260 |
| May 2018 | 1.5% | £274,409 |
| May 2017 | 9.4% | £270,266 |
| May 2016 | 12.4% | £247,026 |
| May 2015 | 7% | £219,725 |
| May 2014 | 7.9% | £205,428 |
| May 2013 | -0.2% | £190,305 |
| May 2012 | 1.6% | £190,600 |
| May 2011 | -1% | £187,619 |
| May 2010 | 8.8% | £189,596 |
| May 2009 | -13.6% | £174,337 |
| May 2008 | -5.1% | £201,731 |
| May 2007 | 0% | £212,637 |
The current average rental value in the postcode is £1,334.
The CO5 7HY Rental Market has increased by 58.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £1,334pcm |
| May 2025 | 4.6% | £1,302pcm |
| May 2024 | 6.1% | £1,244pcm |
| May 2023 | 7.4% | £1,173pcm |
| May 2022 | 11.5% | £1,092pcm |
| May 2021 | 8.6% | £979pcm |
| May 2020 | 1.4% | £902pcm |
| May 2019 | 0.1% | £889pcm |
| May 2018 | 1.3% | £888pcm |
| May 2017 | 4.4% | £877pcm |
| May 2016 | 5.4% | £840pcm |
| May 2015 | 3.8% | £797pcm |
| May 2014 | 2.3% | £768pcm |
| May 2013 | -0.2% | £750pcm |
| May 2012 | 2% | £752pcm |
| May 2011 | 3.3% | £737pcm |
| May 2010 | 4.8% | £713pcm |
| May 2009 | -7.3% | £681pcm |
| May 2008 | 0.6% | £734pcm |
| May 2007 | 0% | £730pcm |
The last sale was on 8th June 2022 for £375,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 74 sales since 1995.
CO5 7HY has seen no sales in the last three years and no sales in the last twelve months.
CO5 7HY is the 928th largest and the 213th most expensive postcode out of the 942 postcodes in the CO5 area.
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The closest station to CO5 7HY is Wivenhoe station which is 1.2 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CO5 7HY, 47.6% of property is privately owned outright and 31.5% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CO5 7HY, 17.4% of residents are recorded as possessing school level qualifications and 23.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO5 7HY, the average age was 40 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CO5 7HY, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CO5 7HY, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.