Market outlook for CO11
Key indicators for buyers
The CO11 market presents a mixed picture for buyers. Prices are rising at 6.9%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.6x in 2021 to 8.0x today. Rising rents (£1,045/mo, +7.3%) 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 Tendring area
A home in Tendring costs 8.0x the local median salary — stretched, improving from a peak of 9.6x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Tendring area
Average monthly rent in Tendring is £1,045, up 7.3% 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 Tendring price of £422,500 with a 25% deposit (£106k), a 2-year fixed mortgage at 3.97% costs around £1,667 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CO11 avg. price with Tendring rental data
Monthly mortgage payments (£1,667) are £622 more than renting (£1,045). However, buying requires an upfront deposit of £106k — it would take around 23 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 |
|---|---|---|---|
2, PRIORY VIEW, HARWICH ROAD, WIX CO11 2GA | Detached | £500,000 | 23 Jan 2026 |
3, MILTON ROAD, LAWFORD CO11 2EG | Semi-detached | £335,000 | 23 Jan 2026 |
30, SCHOOL LANE, LAWFORD CO11 2JA | Detached | £520,000 | 21 Jan 2026 |
138, LONG ROAD, LAWFORD CO11 2HS | Semi-detached | £285,000 | 9 Jan 2026 |
PARKVIEW, THE STREET, BRADFIELD CO11 2UU | Detached | £430,000 | 7 Jan 2026 |
WHEELHOUSE, TRINITY CLOSE CO11 2HJ | Detached | £465,000 | 4 Jan 2026 |
51, CALIFORNIA ROAD, MISTLEY CO11 1JD |
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.