Shears Crescent - CO5 8AR
Key Postcode Insights
CO5 8AR is a residential postcode situated on Shears Crescent, West Mersea, Colchester, CO5 with 23 addresses.
It ranks as the 733rd largest and 596th most expensive of the 942 postcodes in the CO5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £475,609
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,764pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
CO5 8AR is a residential postcode situated on Shears Crescent, West Mersea, Colchester, CO5 with 23 addresses.
It ranks as the 733rd largest and 596th most expensive of the 942 postcodes in the CO5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £475,609
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,764pcm
- 10 Year change
- up 60.8%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin CO5 8AR
- 1 Shears Crescent
Unknown
- 2 Shears Crescent
3 Bed Mid-century House
- 3 Shears Crescent
3 Bed House
- 4 Shears Crescent
3 Bed Mid-century House
- 5 Shears Crescent
Unknown
Sales Market Trends
The last sale in CO5 8AR sold for £485,000 on 11th December 2024. Since then prices are up an average of 0.4%.
The current average value in the postcode is £475,609.
The CO5 8AR Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £475,609 |
| June 2025 | 1.4% | £480,211 |
| June 2024 | -3.9% | £473,527 |
| June 2023 | 2.3% | £492,784 |
| June 2022 | 9.3% | £481,833 |
| June 2021 | 8.1% | £440,982 |
| June 2020 | 1.2% | £407,935 |
| June 2019 | 1.2% | £403,063 |
| June 2018 | -0.1% | £398,119 |
| June 2017 | 8.1% | £398,474 |
| June 2016 | 8.5% | £368,737 |
| June 2015 | 8.7% | £339,825 |
| June 2014 | 6.6% | £312,644 |
| June 2013 | 2.5% | £293,233 |
| June 2012 | 1.8% | £286,127 |
| June 2011 | 0.4% | £281,111 |
| June 2010 | 9.2% | £279,889 |
| June 2009 | -8.5% | £256,423 |
| June 2008 | -4.3% | £280,315 |
| June 2007 | 0% | £292,790 |
Rental Market Trends
The current average rental value in the postcode is £1,764.
The CO5 8AR Rental Market has increased by 60.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,764pcm |
| June 2025 | 4.6% | £1,714pcm |
| June 2024 | 5.9% | £1,638pcm |
| June 2023 | 7.7% | £1,546pcm |
| June 2022 | 9.9% | £1,436pcm |
| June 2021 | 8.9% | £1,306pcm |
| June 2020 | 3% | £1,200pcm |
| June 2019 | 1% | £1,164pcm |
| June 2018 | 0.8% | £1,152pcm |
| June 2017 | 4.1% | £1,143pcm |
| June 2016 | 5.1% | £1,097pcm |
| June 2015 | 3.9% | £1,044pcm |
| June 2014 | 2.5% | £1,004pcm |
| June 2013 | 1.3% | £980pcm |
| June 2012 | 1.7% | £967pcm |
| June 2011 | 3.7% | £950pcm |
| June 2010 | 9% | £917pcm |
| June 2009 | -6.3% | £841pcm |
| June 2008 | 2.6% | £898pcm |
| June 2007 | 0% | £875pcm |
Sales History
The last sale was on 11th December 2024 for £485,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 34 sales since 1995.
CO5 8AR has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£485,000 | 4 Bed House25, Shears Crescent, Colchester, CO5 8AR25, Shears Crescent, Colchester, CO5 8AR
- Sold Sep 2024£500,000 | 4 Bed House21, Shears Crescent, Colchester, CO5 8AR21, Shears Crescent, Colchester, CO5 8AR
- Sold Jun 2023£450,000 | 4 Bed House7, Shears Crescent, Colchester, CO5 8AR7, Shears Crescent, Colchester, CO5 8AR
- Sold Apr 2021£515,000 | 4 Bed House18, Shears Crescent, Colchester, CO5 8AR18, Shears Crescent, Colchester, CO5 8AR
- Sold Mar 2021£427,000 | 4 Bed House16, Shears Crescent, Colchester, CO5 8AR16, Shears Crescent, Colchester, CO5 8AR
Nearby Postcodes
CO5 8AR is the 733rd largest and the 596th most expensive postcode out of the 942 postcodes in the CO5 area.
- CO5 8AL, Goings Lane, West Mersea, Colchester, CO5CO5 8AL12 Addresses|88 m away
- CO5 8AS, Broomhills Road, West Mersea, Colchester, CO5CO5 8AS9 Addresses|89 m away
- CO5 8AQ, Kingsland Close, West Mersea, Colchester, CO5CO5 8AQ6 Addresses|94 m away
- CO5 8AP, Broomhills Road, West Mersea, Colchester, CO5CO5 8AP10 Addresses|98 m away
- CO5 8DB, Shears Crescent, West Mersea, Colchester, CO5CO5 8DB18 Addresses|111 m away
Property Types
- 15 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 7 other addresses of unknown type
- mid-century house (15)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (10)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Apr 2021£515,000 | 4 Bed House18, Shears Crescent, Colchester, CO5 8AR18, Shears Crescent, Colchester, CO5 8AR
- Sold Sep 2024£500,000 | 4 Bed House21, Shears Crescent, Colchester, CO5 8AR21, Shears Crescent, Colchester, CO5 8AR
- Sold Dec 2024£485,000 | 4 Bed House25, Shears Crescent, Colchester, CO5 8AR25, Shears Crescent, Colchester, CO5 8AR
Schools Nearby
- Mersea Island School300 m away
- St Cedd's Church of England Primary School5.7 km away
- Tollesbury School6.1 km away
- Colne Community School8.6 km away
- The Thomas Lord Audley School10.6 km away
- Paxman Academy11.5 km away
More reading links
Public Transport Nearby
The closest station to CO5 8AR is Wivenhoe station, which is 9.4 kilometres away.
- Wivenhoe|9.4 km away
- Alresford (Essex)|10.3 km away
- Hythe (Essex)|12.4 km away
- Colchester Town|12.5 km away
