CO5 8JL is a residential postcode situated on Mersea Avenue, West Mersea, Colchester, CO5 with 53 addresses.
It ranks as the 931st largest and 461st most expensive of the 942 postcodes in the CO5 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 53 properties: 53 houses.
CO5 8JL is a residential postcode situated on Mersea Avenue, West Mersea, Colchester, CO5 with 53 addresses.
It ranks as the 931st largest and 461st most expensive of the 942 postcodes in the CO5 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 53 properties: 53 houses.
Sale prices range from £335,367 for 3 bedroom freehold houses with a garden (775 ft2) to £665,254 for 5 bedroom freehold houses with a garden (2,626 ft2) .
Monthly rental prices range from £1,409 pcm for 3 bed houses to £2,448 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 5.0%.
The average value per square foot is £370.
The last sale in CO5 8JL sold for £525,000 on 28th January 2026. Since then prices are down an average of 0.5%.
The current average value in the postcode is £443,713.
The CO5 8JL Sales Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £443,713 |
| April 2025 | 0.8% | £445,083 |
| April 2024 | -4.4% | £441,729 |
| April 2023 | 4.5% | £462,054 |
| April 2022 | 9.5% | £442,169 |
| April 2021 | 6.5% | £403,807 |
| April 2020 | 1.1% | £379,231 |
| April 2019 | 1.1% | £375,211 |
| April 2018 | 0.8% | £371,067 |
| April 2017 | 8.6% | £368,021 |
| April 2016 | 9.3% | £338,776 |
| April 2015 | 8.6% | £309,911 |
| April 2014 | 6.6% | £285,375 |
| April 2013 | 4.4% | £267,668 |
| April 2012 | 1% | £256,472 |
| April 2011 | 0.4% | £253,935 |
| April 2010 | 6.5% | £252,973 |
| April 2009 | -11.7% | £237,559 |
| April 2008 | -1.2% | £269,119 |
| April 2007 | 0% | £272,362 |
The current average rental value in the postcode is £1,697.
The CO5 8JL Rental Market has increased by 61.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,697pcm |
| April 2025 | 5.5% | £1,655pcm |
| April 2024 | 6.3% | £1,569pcm |
| April 2023 | 8.5% | £1,477pcm |
| April 2022 | 9.7% | £1,361pcm |
| April 2021 | 8.1% | £1,241pcm |
| April 2020 | 2.5% | £1,148pcm |
| April 2019 | 0.9% | £1,120pcm |
| April 2018 | 1.9% | £1,110pcm |
| April 2017 | 3.7% | £1,089pcm |
| April 2016 | 5.7% | £1,051pcm |
| April 2015 | 4.4% | £994pcm |
| April 2014 | 2.4% | £952pcm |
| April 2013 | 4.2% | £930pcm |
| April 2012 | 1.5% | £892pcm |
| April 2011 | 3.3% | £879pcm |
| April 2010 | 4.8% | £851pcm |
| April 2009 | -7.1% | £812pcm |
| April 2008 | 3.6% | £874pcm |
| April 2007 | 0% | £843pcm |
The last sale was on 28th January 2026 for £525,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 63 sales since 1995.
CO5 8JL has seen 4 sales in the last three years and 1 sale in the last twelve months.
CO5 8JL is the 931st largest and the 461st most expensive postcode out of the 942 postcodes in the CO5 area.
Be the first Estate
Agent here!
The closest station to CO5 8JL is Wivenhoe station which is 9.2 kilometres away.
Be the first Estate
Agent here!
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 8JL, 52.0% of property is privately owned outright and 22.1% 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 8JL, 13.7% of residents are recorded as possessing school level qualifications and 29.6% 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 8JL, 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 8JL, 0.7% 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 8JL, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.