CO5 8QN is a residential postcode situated on Churchfields, West Mersea, Colchester, CO5 with 11 addresses.
It ranks as the 460th largest and 565th 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 11 properties: 11 houses.
CO5 8QN is a residential postcode situated on Churchfields, West Mersea, Colchester, CO5 with 11 addresses.
It ranks as the 460th largest and 565th 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 11 properties: 11 houses.
Sale prices range from £406,555 for 3 bedroom freehold houses with a garden (796 ft2) to £717,529 for 5 bedroom freehold houses with a garden (2,098 ft2) .
Monthly rental prices range from £1,328 pcm for 3 bed houses to £2,060 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 4.4%.
The average value per square foot is £463.
The last sale in CO5 8QN sold for £805,000 on 2nd December 2021. Since then prices are up an average of 3.1%.
The current average value in the postcode is £499,060.
The CO5 8QN Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £499,060 |
| April 2025 | 0.7% | £500,499 |
| April 2024 | -4.4% | £496,838 |
| April 2023 | 4.6% | £519,890 |
| April 2022 | 9.3% | £497,151 |
| April 2021 | 6.6% | £454,690 |
| April 2020 | 1.1% | £426,717 |
| April 2019 | 1.1% | £422,094 |
| April 2018 | 0.8% | £417,515 |
| April 2017 | 8.5% | £414,242 |
| April 2016 | 9.2% | £381,630 |
| April 2015 | 8.5% | £349,319 |
| April 2014 | 6.6% | £321,851 |
| April 2013 | 4.5% | £301,982 |
| April 2012 | 1% | £289,027 |
| April 2011 | 0.4% | £286,243 |
| April 2010 | 6.6% | £285,128 |
| April 2009 | -11.7% | £267,580 |
| April 2008 | -1.3% | £303,084 |
| April 2007 | 0% | £306,955 |
The current average rental value in the postcode is £1,564.
The CO5 8QN Rental Market has increased by 61.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,564pcm |
| April 2025 | 5.4% | £1,525pcm |
| April 2024 | 6.2% | £1,447pcm |
| April 2023 | 8.6% | £1,362pcm |
| April 2022 | 9.6% | £1,255pcm |
| April 2021 | 8.2% | £1,145pcm |
| April 2020 | 2.6% | £1,058pcm |
| April 2019 | 0.9% | £1,032pcm |
| April 2018 | 1.8% | £1,023pcm |
| April 2017 | 3.6% | £1,004pcm |
| April 2016 | 5.6% | £970pcm |
| April 2015 | 4.4% | £918pcm |
| April 2014 | 2.3% | £880pcm |
| April 2013 | 4.4% | £860pcm |
| April 2012 | 1.5% | £824pcm |
| April 2011 | 3.3% | £812pcm |
| April 2010 | 4.8% | £786pcm |
| April 2009 | -7% | £749pcm |
| April 2008 | 3.5% | £806pcm |
| April 2007 | 0% | £778pcm |
The last sale was on 2nd December 2021 for £805,000 and since then the market in the area has increased by 3.1%. The postcode has had a total of 11 sales since 1995.
CO5 8QN has seen no sales in the last three years and no sales in the last twelve months.
CO5 8QN is the 460th largest and the 565th most expensive postcode out of the 942 postcodes in the CO5 area.
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The closest station to CO5 8QN is Wivenhoe station which is 9.3 kilometres away.
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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 8QN, 64.6% of property is privately owned outright and 22.3% 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 8QN, 12.4% of residents are recorded as possessing school level qualifications and 30.8% 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 8QN, 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 8QN, 2.3% 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 8QN, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.