Coast Road - CO5 8LT
Key Postcode Insights
CO5 8LT is a residential postcode situated on Coast Road, West Mersea, Colchester, CO5 with 15 addresses.
It ranks as the 575th largest and 124th most expensive of the 942 postcodes in the CO5 area.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £300,243
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,217pcm
- 10 Year change
- up 64.0%
- Ave. £ per ft²
- £709/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
CO5 8LT is a residential postcode situated on Coast Road, West Mersea, Colchester, CO5 with 15 addresses.
It ranks as the 575th largest and 124th most expensive of the 942 postcodes in the CO5 area.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £300,243
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,217pcm
- 10 Year change
- up 64.0%
- Ave. £ per ft²
- £709/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin CO5 8LT
Sales Market Trends
The last sale in CO5 8LT sold for £120,000 on 9th June 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £300,243.
The CO5 8LT Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £300,243 |
| June 2025 | 1.9% | £303,967 |
| June 2024 | -2.5% | £298,393 |
| June 2023 | 0.9% | £306,037 |
| June 2022 | 11% | £303,346 |
| June 2021 | 6.9% | £273,198 |
| June 2020 | 0.6% | £255,606 |
| June 2019 | -0.1% | £253,965 |
| June 2018 | 1.1% | £254,237 |
| June 2017 | 9.9% | £251,558 |
| June 2016 | 10.7% | £228,995 |
| June 2015 | 9.2% | £206,770 |
| June 2014 | 8.5% | £189,334 |
| June 2013 | 1.6% | £174,546 |
| June 2012 | 2% | £171,782 |
| June 2011 | -0.5% | £168,467 |
| June 2010 | 7.4% | £169,325 |
| June 2009 | -10.3% | £157,694 |
| June 2008 | -5.2% | £175,707 |
| June 2007 | 0% | £185,410 |
Rental Market Trends
The current average rental value in the postcode is £1,217.
The CO5 8LT Rental Market has increased by 64.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,217pcm |
| June 2025 | 5.1% | £1,186pcm |
| June 2024 | 7.2% | £1,129pcm |
| June 2023 | 6.3% | £1,053pcm |
| June 2022 | 11.9% | £991pcm |
| June 2021 | 8.1% | £885pcm |
| June 2020 | 2.4% | £819pcm |
| June 2019 | -0.1% | £799pcm |
| June 2018 | 1.9% | £800pcm |
| June 2017 | 5.8% | £785pcm |
| June 2016 | 6.8% | £742pcm |
| June 2015 | 4.6% | £694pcm |
| June 2014 | 4.1% | £664pcm |
| June 2013 | 0.5% | £638pcm |
| June 2012 | 1.9% | £634pcm |
| June 2011 | 2.8% | £622pcm |
| June 2010 | 6.9% | £605pcm |
| June 2009 | -7.8% | £566pcm |
| June 2008 | 1.6% | £614pcm |
| June 2007 | 0% | £604pcm |
Sales History
The last sale was on 9th June 2022 for £120,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
CO5 8LT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£120,000 | 2 Bed HouseBritannia, Coast Road, Colchester, CO5 8LTBritannia, Coast Road, Colchester, CO5 8LT
- Sold Mar 2021£105,000 | 2 Bed HouseHotspur, Coast Road, Colchester, CO5 8LTHotspur, Coast Road, Colchester, CO5 8LT
- Sold Mar 2021£100,000 | 2 Bed HouseSaltwind, Coast Road, Colchester, CO5 8LTSaltwind, Coast Road, Colchester, CO5 8LT
- Sold Dec 2020£60,000 | 2 Bed HouseSaltwind, Coast Road, Colchester, CO5 8LTSaltwind, Coast Road, Colchester, CO5 8LT
Nearby Postcodes
CO5 8LT is the 575th largest and the 124th most expensive postcode out of the 942 postcodes in the CO5 area.
- CO5 8LS, Coast Road, West Mersea, Colchester, CO5CO5 8LS35 Addresses|59 m away
- CO5 8GL, Victory Place, West Mersea, Colchester, CO5CO5 8GL7 Addresses|139 m away
- CO5 8LG, The Square, West Mersea, Colchester, CO5CO5 8LG5 Addresses|142 m away
- CO5 8LJ, St. Peters Road, West Mersea, Colchester, CO5CO5 8LJ35 Addresses|237 m away
- CO5 8LX, Victory Road, West Mersea, Colchester, CO5CO5 8LX36 Addresses|238 m away
Property Types
- 15 other addresses of unknown type
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Sep 2021£1,725,000 | 5 Bed House17, Coast Road, Colchester, CO5 8LH17, Coast Road, Colchester, CO5 8LH
- Sold Oct 2020£1,425,000 | 5 Bed House11, Coast Road, Colchester, CO5 8QE11, Coast Road, Colchester, CO5 8QE
- Sold Dec 2015£1,100,000 | 2 Bed House106, Coast Road, Colchester, CO5 8NA106, Coast Road, Colchester, CO5 8NA
Schools Nearby
- Mersea Island School900 m away
- Tollesbury School5.1 km away
- St Cedd's Church of England Primary School5.6 km away
- Colne Community School9.5 km away
- The Thomas Lord Audley School10.4 km away
- Paxman Academy11.1 km away
More reading links
Public Transport Nearby
The closest station to CO5 8LT is Wivenhoe station, which is 9.7 kilometres away.
- Wivenhoe|9.7 km away
- Alresford (Essex)|10.8 km away
- Colchester Town|12.4 km away
- Hythe (Essex)|12.4 km away