# CO4 5RY Area Summary
The CO4 5RY postcode covers part of Colchester, Essex, specifically an area that encompasses predominantly residential streets in the eastern section of the town. With 95 properties sampled and an average price of £150,473, this represents a notably affordable segment of the Colchester market, positioning it well below both regional and national averages. This price point typically reflects a mix of flats, maisonettes, and smaller terraced properties, making it particularly attractive to first-time buyers, young professionals, and investors seeking rental opportunities in Essex's oldest recorded town.
The sub-£151,000 average suggests this area offers excellent value for those seeking access to Colchester's amenities, employment opportunities, and transport links without the premium attached to more central or sought-after postcodes. Colchester benefits from excellent rail connectivity to London Liverpool Street (under an hour), supporting commuter demand, whilst the presence of the University of Essex and Colchester Institute creates sustained rental demand. Properties in this price bracket have historically demonstrated steady performance, appealing to buyers seeking affordability within a well-established town that combines Roman heritage with modern development, garrison employment, and diverse shopping facilities.
The average house price in CO4 5RY, Colchester is £150,473. Prices range from £90,000 to £250,000.
There are 95 properties in CO4 5RY, Colchester.
CO4 5RY contains 63 flat / maisonette properties, 15 terraced properties, 14 semi-detached properties, 3 detached properties.
Average house prices in CO4 5RY have risen by 16% from £164,721 in 2007 to £191,000 in 2024.
CO4 5RY is located in Colchester, Essex, England.