CO5 8BG is a residential postcode situated on Alexandra Avenue, West Mersea, Colchester, CO5 with 28 addresses.
It ranks as the 795th largest and 793rd most expensive of the 942 postcodes in the CO5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
CO5 8BG is a residential postcode situated on Alexandra Avenue, West Mersea, Colchester, CO5 with 28 addresses.
It ranks as the 795th largest and 793rd most expensive of the 942 postcodes in the CO5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
Sale prices range from £451,053 for 3 bedroom freehold houses with a garden (828 ft2) to £1,005,015 for 5 bedroom freehold houses with a garden (2,658 ft2) .
Monthly rental prices range from £1,465 pcm for 3 bed houses to £2,886 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 3.9%.
The average value per square foot is £424.
The last sale in CO5 8BG sold for £825,000 on 26th August 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £637,929.
The CO5 8BG Sales Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £637,929 |
| April 2025 | 0.9% | £639,613 |
| April 2024 | -4.3% | £634,125 |
| April 2023 | 4.6% | £662,407 |
| April 2022 | 9.3% | £633,445 |
| April 2021 | 6.5% | £579,773 |
| April 2020 | 0.9% | £544,440 |
| April 2019 | 0.8% | £539,616 |
| April 2018 | 1% | £535,349 |
| April 2017 | 8.8% | £530,181 |
| April 2016 | 9.5% | £487,488 |
| April 2015 | 8.4% | £445,136 |
| April 2014 | 6.8% | £410,558 |
| April 2013 | 4.2% | £384,403 |
| April 2012 | 1% | £368,969 |
| April 2011 | 0.4% | £365,303 |
| April 2010 | 6.7% | £364,019 |
| April 2009 | -12.1% | £341,163 |
| April 2008 | -1.5% | £388,039 |
| April 2007 | 0% | £393,949 |
The current average rental value in the postcode is £1,874.
The CO5 8BG Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,874pcm |
| April 2025 | 5.5% | £1,828pcm |
| April 2024 | 6.1% | £1,733pcm |
| April 2023 | 8.6% | £1,634pcm |
| April 2022 | 9.8% | £1,505pcm |
| April 2021 | 8.3% | £1,370pcm |
| April 2020 | 2.5% | £1,265pcm |
| April 2019 | 0.8% | £1,234pcm |
| April 2018 | 1.9% | £1,224pcm |
| April 2017 | 3.7% | £1,201pcm |
| April 2016 | 5.5% | £1,159pcm |
| April 2015 | 4.3% | £1,098pcm |
| April 2014 | 2.4% | £1,052pcm |
| April 2013 | 4.1% | £1,028pcm |
| April 2012 | 1.5% | £987pcm |
| April 2011 | 3.3% | £973pcm |
| April 2010 | 4.8% | £942pcm |
| April 2009 | -7% | £899pcm |
| April 2008 | 3.2% | £966pcm |
| April 2007 | 0% | £936pcm |
The last sale was on 26th August 2025 for £825,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 37 sales since 1995.
CO5 8BG has seen 3 sales in the last three years and 1 sale in the last twelve months.
CO5 8BG is the 795th largest and the 793rd most expensive postcode out of the 942 postcodes in the CO5 area.
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The closest station to CO5 8BG is Wivenhoe station which is 9.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around CO5 8BG, 69.8% of property is privately owned outright and 22.2% 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 8BG, 9.5% of residents are recorded as possessing school level qualifications and 27.3% 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 8BG, the average age was 51.3 and the most common age was 72.
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 8BG, 3.5% 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 8BG, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
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.