CO7 6LA is a residential postcode situated on Lower Street, Higham, Colchester, CO7 with 4 addresses.
It ranks as the 243rd largest and 625th most expensive of the 1,284 postcodes in the CO7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
CO7 6LA is a residential postcode situated on Lower Street, Higham, Colchester, CO7 with 4 addresses.
It ranks as the 243rd largest and 625th most expensive of the 1,284 postcodes in the CO7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £358,918 for 2 bedroom freehold houses with a garden (656 ft2) to £868,965 for 5 bedroom freehold houses with a garden (2,734 ft2) .
Monthly rental prices range from £1,266 pcm for 2 bed houses to £2,854 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 4.3%.
The average value per square foot is £537.
The last sale in CO7 6LA sold for £270,000 on 9th August 2019. Since then prices are up an average of 17.6%.
The current average value in the postcode is £499,066.
The CO7 6LA Sales Market has increased by 31.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.5% | £499,066 |
| April 2025 | 0.9% | £506,482 |
| April 2024 | -2.6% | £501,892 |
| April 2023 | 3.5% | £515,279 |
| April 2022 | 10.8% | £497,697 |
| April 2021 | 6% | £449,008 |
| April 2020 | -0.4% | £423,514 |
| April 2019 | 0.2% | £425,020 |
| April 2018 | 2.3% | £424,380 |
| April 2017 | 9.6% | £414,848 |
| April 2016 | 10% | £378,673 |
| April 2015 | 8.4% | £344,152 |
| April 2014 | 7.3% | £317,401 |
| April 2013 | 2.9% | £295,870 |
| April 2012 | 0.1% | £287,630 |
| April 2011 | 1.6% | £287,324 |
| April 2010 | 8.5% | £282,738 |
| April 2009 | -12.3% | £260,694 |
| April 2008 | 1.3% | £297,151 |
| April 2007 | 0% | £293,451 |
The current average rental value in the postcode is £1,711.
The CO7 6LA Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,711pcm |
| April 2025 | 5.1% | £1,673pcm |
| April 2024 | 3.9% | £1,592pcm |
| April 2023 | 8.8% | £1,532pcm |
| April 2022 | 11.9% | £1,409pcm |
| April 2021 | 8.2% | £1,260pcm |
| April 2020 | 2.1% | £1,164pcm |
| April 2019 | -0.9% | £1,140pcm |
| April 2018 | 2.9% | £1,151pcm |
| April 2017 | 3.7% | £1,118pcm |
| April 2016 | 6.3% | £1,078pcm |
| April 2015 | 4.4% | £1,014pcm |
| April 2014 | 1.5% | £972pcm |
| April 2013 | 4.4% | £958pcm |
| April 2012 | 1.3% | £917pcm |
| April 2011 | 5.1% | £906pcm |
| April 2010 | 3.4% | £862pcm |
| April 2009 | -6.9% | £833pcm |
| April 2008 | 3.4% | £896pcm |
| April 2007 | 0% | £867pcm |
The last sale was on 9th August 2019 for £270,000 and since then the market in the area has increased by 17.6%. The postcode has had a total of 6 sales since 1995.
CO7 6LA has seen no sales in the last three years and no sales in the last twelve months.
CO7 6LA is the 243rd largest and the 625th most expensive postcode out of the 1,284 postcodes in the CO7 area.
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The closest station to CO7 6LA is Manningtree station which is 7.0 kilometres away.
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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 CO7 6LA, 47.6% of property is privately owned outright and 28.1% 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 CO7 6LA, 16.9% of residents are recorded as possessing school level qualifications and 56.5% 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 CO7 6LA, the average age was 47.8 and the most common age was 62.
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 CO7 6LA, 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 CO7 6LA, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.