Property Data OutlookCO2
21,587 recorded transactions · Part of Colchester
Compare with another area →Market outlook for CO2
Key indicators for buyers
The CO2 market is moderately favourable for buyers. Affordability has improved from a peak of 10.6x in 2021 to 8.4x today. Rising rents (£1,216/mo, +6.3%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Colchester area
A home in Colchester costs 8.4x the local median salary — stretched, improving from a peak of 10.6x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Colchester area
Average monthly rent in Colchester is £1,216, up 6.3% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Colchester price of £306,071 with a 25% deposit (£77k), a 2-year fixed mortgage at 3.97% costs around £1,208 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CO2 avg. price with Colchester rental data
Monthly mortgage payments (£1,208) are £8 less than renting (£1,216). However, buying requires an upfront deposit of £77k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
4, DRAGOON ROAD CO2 7FU | Terraced | £337,000 | 23 Jan 2026 |
54, ADELAIDE DRIVE CO2 8UB | Terraced | £247,500 | 16 Jan 2026 |
13, ICENI WAY CO2 9EG | Flat/Maisonette | £220,000 | 16 Jan 2026 |
FLAT 11, ANCHOR HOUSE, BERECHURCH ROAD CO2 9PU | Flat/Maisonette | £188,000 | 9 Jan 2026 |
28, WELLINGTON STREET CO2 7BH | Terraced | £250,000 | 9 Jan 2026 |
MEIDA FLORES, LUCAS ROAD CO2 7EP | Detached | £300,000 | 9 Jan 2026 |
40, ROWHEDGE ROAD CO2 8EL | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.