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Timber Hill is a residential street with 39 addresses.
It ranks as the 153rd largest and 16th most expensive of the 231 streets in the CO1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 39 properties: 15 houses and 24 flats.
Timber Hill is a residential street with 39 addresses.
It ranks as the 153rd largest and 16th most expensive of the 231 streets in the CO1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 39 properties: 15 houses and 24 flats.
Sale prices range from £97,428 for 1 bedroom leasehold flats (247 ft2) to £327,696 for 3 bedroom freehold houses with a garden (1,087 ft2) .
Monthly rental prices range from £655 pcm for 1 bed flats to £1,551 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 8.1%.
The average value per square foot is £274.
The last sale on Timber Hill sold for £242,000 on 9th August 2024. Since then prices are down an average of 0.9%.
The current average value in the street is £189,177.
The Timber Hill Sales Market has increased by 19.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £189,177 |
| May 2025 | -0.4% | £189,663 |
| May 2024 | -1.6% | £190,372 |
| May 2023 | 0.3% | £193,382 |
| May 2022 | 9.2% | £192,731 |
| May 2021 | 4.4% | £176,416 |
| May 2020 | -0.1% | £169,052 |
| May 2019 | -2% | £169,231 |
| May 2018 | -0.7% | £172,635 |
| May 2017 | 10.2% | £173,886 |
| May 2016 | 11.5% | £157,790 |
| May 2015 | 7% | £141,495 |
| May 2014 | 6.9% | £132,242 |
| May 2013 | -0.2% | £123,692 |
| May 2012 | 0.1% | £123,945 |
| May 2011 | 0.7% | £123,803 |
| May 2010 | 5.9% | £122,927 |
| May 2009 | -12.5% | £116,091 |
| May 2008 | -6.4% | £132,693 |
| May 2007 | 0% | £141,735 |
The current average rental value in the street is £1,077.
The Timber Hill Rental Market has increased by 56.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £1,077pcm |
| May 2025 | 4.2% | £1,049pcm |
| May 2024 | 6.2% | £1,007pcm |
| May 2023 | 7.7% | £948pcm |
| May 2022 | 11.7% | £881pcm |
| May 2021 | 8% | £788pcm |
| May 2020 | 1.3% | £730pcm |
| May 2019 | 0.1% | £720pcm |
| May 2018 | 0.7% | £720pcm |
| May 2017 | 4% | £715pcm |
| May 2016 | 5.3% | £687pcm |
| May 2015 | 3.7% | £652pcm |
| May 2014 | 1.7% | £629pcm |
| May 2013 | -0.1% | £618pcm |
| May 2012 | 1.7% | £618pcm |
| May 2011 | 3.2% | £608pcm |
| May 2010 | 4.3% | £589pcm |
| May 2009 | -7.7% | £565pcm |
| May 2008 | 0.5% | £612pcm |
| May 2007 | 0% | £609pcm |
The last sale was on 9th August 2024 for £242,000 and since then the market in the area has decreased by 0.9%. The street has had a total of 16 sales since 1995.
Timber Hill, Colchester, CO1 has seen 1 sale in the last three years and no sales in the last twelve months.
Timber Hill, Colchester, CO1 is the 153rd largest and the 16th most expensive street in the CO1 area.
There is 1 postcode on Timber Hill, Colchester, CO1.
The closest station to Timber Hill, Colchester, CO1 is Hythe (Essex) station which is 400 metres 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 Timber Hill, Colchester, CO1, 41.9% of property is socially rented and 25.6% 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 Timber Hill, Colchester, CO1, 24.5% of residents are recorded as possessing school level qualifications and 24.6% 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 Timber Hill, Colchester, CO1, the average age was 33.3 and the most common age was 22.
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 Timber Hill, Colchester, CO1, 0.0% 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 Timber Hill, Colchester, CO1, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.