# CO4 5SE Area Summary
CO4 5SE covers part of the Greenstead area in Colchester, Essex, situated to the west of the town centre. This postcode sector represents an established residential district that has traditionally offered more affordable housing options within the Colchester market. With 91 properties forming the basis of local market data and an average price of £186,530, this area sits comfortably below both regional and national averages, making it particularly attractive to first-time buyers and investors seeking value in Essex's oldest recorded town.
The average property price of £186,530 reflects the area's position as an accessible entry point into the Colchester property market. Greenstead has historically been characterised by a mix of post-war housing, including terraced homes, semi-detached properties, and some purpose-built flats. The pricing indicates this remains a budget-conscious location compared to Colchester's more premium areas closer to the town centre or near the mainline station, which offers direct links to London Liverpool Street.
The area benefits from local amenities including schools, community facilities, and green spaces, whilst maintaining good transport connections to Colchester's retail and employment centres. For buyers prioritising affordability over prestige postcodes, CO4 5SE represents a practical choice within a town that continues to see steady demand due to its strategic position on the London-to-Norwich railway corridor.
The average house price in CO4 5SE, Colchester is £186,530. Prices range from £110,000 to £385,000.
There are 91 properties in CO4 5SE, Colchester.
CO4 5SE contains 47 flat / maisonette properties, 24 semi-detached properties, 15 detached properties, 5 terraced properties.
Average house prices in CO4 5SE have risen by 19% from £163,426 in 2007 to £194,417 in 2024.
CO4 5SE is located in Colchester, Essex, England.