CO7 7TP is a residential postcode situated on Hall Road, Great Bromley, Colchester, CO7 with 6 addresses.
It ranks as the 441st largest and 735th 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 6 properties: 5 houses and 1 flat.
CO7 7TP is a residential postcode situated on Hall Road, Great Bromley, Colchester, CO7 with 6 addresses.
It ranks as the 441st largest and 735th 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 6 properties: 5 houses and 1 flat.
Sale prices range from £209,264 for 3 bedroom Leasehold flats (957 ft2) to £537,183 for 5 bedroom freehold houses with a garden (2,060 ft2) .
Monthly rental prices range from £1,051 pcm for 3 bed flats to £2,289 pcm for 5 bed houses.
The gross rental yield is between 5.1% and 6.0%.
The average value per square foot is £290.
The last sale in CO7 7TP sold for £930,000 on 18th November 2020. Since then prices are up an average of 19.2%.
The current average value in the postcode is £411,477.
The CO7 7TP Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £411,477 |
| April 2025 | 0.7% | £411,420 |
| April 2024 | -3.1% | £408,509 |
| April 2023 | 4.3% | £421,608 |
| April 2022 | 8.6% | £404,192 |
| April 2021 | 7.2% | £372,300 |
| April 2020 | 0.9% | £347,198 |
| April 2019 | -0.4% | £343,989 |
| April 2018 | 4.6% | £345,225 |
| April 2017 | 6.4% | £329,940 |
| April 2016 | 8.9% | £310,084 |
| April 2015 | 8% | £284,794 |
| April 2014 | 7.4% | £263,719 |
| April 2013 | 3.2% | £245,465 |
| April 2012 | -1.8% | £237,832 |
| April 2011 | -0.2% | £242,216 |
| April 2010 | 7.6% | £242,732 |
| April 2009 | -10.3% | £225,687 |
| April 2008 | 0.6% | £251,631 |
| April 2007 | 0% | £250,119 |
The current average rental value in the postcode is £1,788.
The CO7 7TP Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,788pcm |
| April 2025 | 4.7% | £1,750pcm |
| April 2024 | 4% | £1,672pcm |
| April 2023 | 8.4% | £1,608pcm |
| April 2022 | 10.9% | £1,484pcm |
| April 2021 | 7.3% | £1,338pcm |
| April 2020 | 1.9% | £1,247pcm |
| April 2019 | -0.8% | £1,224pcm |
| April 2018 | 2.7% | £1,234pcm |
| April 2017 | 2.6% | £1,202pcm |
| April 2016 | 6% | £1,171pcm |
| April 2015 | 4% | £1,105pcm |
| April 2014 | 1.1% | £1,063pcm |
| April 2013 | 4% | £1,051pcm |
| April 2012 | 1.1% | £1,011pcm |
| April 2011 | 5.1% | £1,000pcm |
| April 2010 | 2.8% | £951pcm |
| April 2009 | -7% | £925pcm |
| April 2008 | 2.8% | £995pcm |
| April 2007 | 0% | £968pcm |
The last sale was on 18th November 2020 for £930,000 and since then the market in the area has increased by 19.2%. The postcode has had a total of 6 sales since 1995.
CO7 7TP has seen no sales in the last three years and no sales in the last twelve months.
CO7 7TP is the 441st largest and the 735th most expensive postcode out of the 1,284 postcodes in the CO7 area.
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The closest station to CO7 7TP is Alresford (Essex) station which is 5.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around CO7 7TP, 46.1% of property is privately owned with a mortgage and 37.0% is privately owned outright.
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 7TP, 16.4% of residents are recorded as possessing school level qualifications and 23.9% 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 7TP, the average age was 43.8 and the most common age was 57.
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 7TP, 1.6% 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 7TP, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.