Victoria Esplanade - CO5 8BH
Key Postcode Insights
CO5 8BH is a residential postcode situated on Victoria Esplanade, West Mersea, Colchester, CO5 with 12 addresses.
It ranks as the 492nd largest and 897th most expensive of the 942 postcodes in the CO5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £722,890
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £2,042pcm
- 10 Year change
- up 61.4%
- Ave. £ per ft²
- £420/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
CO5 8BH is a residential postcode situated on Victoria Esplanade, West Mersea, Colchester, CO5 with 12 addresses.
It ranks as the 492nd largest and 897th most expensive of the 942 postcodes in the CO5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £722,890
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £2,042pcm
- 10 Year change
- up 61.4%
- Ave. £ per ft²
- £420/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertiesin CO5 8BH
- 17 Victoria Esplanade
5 Bed Modern House
- 19 Victoria Esplanade
4 Bed Modern House
- 21 Victoria Esplanade
Unknown
- 23 Victoria Esplanade
Unknown
- 25 Victoria Esplanade
Unknown
Sales Market Trends
The last sale in CO5 8BH sold for £775,000 on 22nd February 2023. Since then prices are down an average of 3.8%.
The current average value in the postcode is £722,890.
The CO5 8BH Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £722,890 |
| June 2025 | 1.5% | £729,409 |
| June 2024 | -3.7% | £718,432 |
| June 2023 | 2.2% | £746,028 |
| June 2022 | 9.2% | £729,893 |
| June 2021 | 8% | £668,165 |
| June 2020 | 1.1% | £618,924 |
| June 2019 | 1% | £612,434 |
| June 2018 | 0% | £606,468 |
| June 2017 | 8.3% | £606,726 |
| June 2016 | 8.9% | £560,411 |
| June 2015 | 8.5% | £514,526 |
| June 2014 | 6.9% | £474,197 |
| June 2013 | 2.3% | £443,754 |
| June 2012 | 1.8% | £433,910 |
| June 2011 | 0.4% | £426,091 |
| June 2010 | 9.2% | £424,527 |
| June 2009 | -8.8% | £388,612 |
| June 2008 | -4.6% | £426,133 |
| June 2007 | 0% | £446,576 |
Rental Market Trends
The current average rental value in the postcode is £2,042.
The CO5 8BH Rental Market has increased by 61.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,042pcm |
| June 2025 | 4.8% | £1,985pcm |
| June 2024 | 5.9% | £1,895pcm |
| June 2023 | 7.7% | £1,789pcm |
| June 2022 | 10.1% | £1,661pcm |
| June 2021 | 9.1% | £1,509pcm |
| June 2020 | 2.8% | £1,382pcm |
| June 2019 | 1% | £1,344pcm |
| June 2018 | 0.9% | £1,331pcm |
| June 2017 | 4.3% | £1,320pcm |
| June 2016 | 5.1% | £1,265pcm |
| June 2015 | 3.9% | £1,204pcm |
| June 2014 | 2.5% | £1,159pcm |
| June 2013 | 1.2% | £1,130pcm |
| June 2012 | 1.8% | £1,117pcm |
| June 2011 | 3.7% | £1,098pcm |
| June 2010 | 8.8% | £1,059pcm |
| June 2009 | -6.3% | £973pcm |
| June 2008 | 2.3% | £1,039pcm |
| June 2007 | 0% | £1,015pcm |
Sales History
The last sale was on 22nd February 2023 for £775,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 13 sales since 1995.
CO5 8BH has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£775,000 | 4 Bed House19, Victoria Esplanade, Colchester, CO5 8BH19, Victoria Esplanade, Colchester, CO5 8BH
- Sold Jul 2019£635,000 | 4 Bed House41, Victoria Esplanade, Colchester, CO5 8BH41, Victoria Esplanade, Colchester, CO5 8BH
- Sold Jul 2019£820,000 | 5 Bed House17, Victoria Esplanade, Colchester, CO5 8BH17, Victoria Esplanade, Colchester, CO5 8BH
- Sold Oct 2016£560,000 | 5 Bed House39, Victoria Esplanade, Colchester, CO5 8BH39, Victoria Esplanade, Colchester, CO5 8BH
- Sold Jan 2015£497,000 | 5 Bed House39, Victoria Esplanade, Colchester, CO5 8BH39, Victoria Esplanade, Colchester, CO5 8BH
Nearby Postcodes
CO5 8BH is the 492nd largest and the 897th most expensive postcode out of the 942 postcodes in the CO5 area.
- CO5 8GS, Five Gables Chase, West Mersea, Colchester, CO5CO5 8GS4 Addresses|164 m away
- CO5 8BG, Alexandra Avenue, West Mersea, Colchester, CO5CO5 8BG28 Addresses|165 m away
- CO5 8AU, Willoughby Avenue, West Mersea, Colchester, CO5CO5 8AU26 Addresses|185 m away
- CO5 8XB, Victoria Esplanade, West Mersea, Colchester, CO5CO5 8XB23 Addresses|213 m away
- CO5 8AT, Victoria Esplanade, West Mersea, Colchester, CO5CO5 8AT7 Addresses|226 m away
Property Types
- 3 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- modern house (3)
- mid-century house (2)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (2)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2024£1,300,000 | 5 Bed House7, Victoria Esplanade, Colchester, CO5 8AT7, Victoria Esplanade, Colchester, CO5 8AT
- Sold Jul 2019£900,000 | 5 Bed House1, Victoria Esplanade, Colchester, CO5 8AT1, Victoria Esplanade, Colchester, CO5 8AT
- Sold Apr 2024£850,000 | 5 Bed House9, Victoria Esplanade, Colchester, CO5 8AT9, Victoria Esplanade, Colchester, CO5 8AT
Schools Nearby
- Mersea Island School600 m away
- St Cedd's Church of England Primary School5.8 km away
- Langenhoe Community Primary School6.4 km away
- Colne Community School8.3 km away
- The Thomas Lord Audley School10.6 km away
- Paxman Academy11.6 km away
More reading links
Public Transport Nearby
The closest station to CO5 8BH is Wivenhoe station, which is 9.4 kilometres away.
- Wivenhoe|9.4 km away
- Alresford (Essex)|10.1 km away
- Hythe (Essex)|12.4 km away
- Colchester Town|12.6 km away
