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.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
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.
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.
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.
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.
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.
The average property in CO2 sold for £306,071 in 2026, with a median of £250,000 across 7 transactions. Prices fell 1.0% compared to the previous year.
| £600,000 |
| 6 Jan 2026 |
136, BERECHURCH ROAD CO2 7QE | Terraced | £258,000 | 19 Dec 2025 |
71, RAYNER ROAD CO2 9AF | Semi-detached | £362,500 | 19 Dec 2025 |
68, LISLE ROAD CO2 7SD | Terraced | £245,000 | 19 Dec 2025 |
16, MAYPOLE GREEN ROAD CO2 9NX | Terraced | £265,000 | 19 Dec 2025 |
LILAC COTTAGE, MILL LANE, BIRCH CO2 0NH | Semi-detached | £490,000 | 19 Dec 2025 |
6, HENRY EVERETT GROVE CO2 9FX | Detached | £315,000 | 19 Dec 2025 |
27, MEACHEN ROAD CO2 8JD | Flat/Maisonette | £142,000 | 19 Dec 2025 |
38, MAYPOLE GREEN ROAD CO2 9NX | Terraced | £272,500 | 18 Dec 2025 |
19, PORTLAND ROAD CO2 7EH | Semi-detached | £270,000 | 18 Dec 2025 |
22, NEWTON HOUSE, CAVALRY ROAD CO2 7AP | Flat/Maisonette | £197,500 | 18 Dec 2025 |
5, HESPER ROAD CO2 8JR | Semi-detached | £320,000 | 17 Dec 2025 |
4, SITTANG CLOSE CO2 9RB | Terraced | £270,000 | 17 Dec 2025 |
76, RAINSBOROWE ROAD CO2 7JS | Semi-detached | £495,000 | 15 Dec 2025 |
The most recent recorded sale in CO2 was a terraced property on Dragoon Road for £337,000 in January 2026. Across the last 20 sales, the median price was £270,000.