CO1 2FT is a residential postcode located on Port Lane, Colchester, CO1. It is the 1106th largest postcode in the CO1 area.
It contains 28 houses and the most common type of property is a modern house built after 1980.
The average house value is £244,111. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 7.8%.
Property sale values range from £234,166 for a freehold house, with 2 bedrooms split across 657 square feet of gross internal area and has a garden to £301,556 for a freehold house, with 3 bedrooms split across 996 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO1 2FT is £358/ft2.
Properties achieve a rental yield of between 5.3% and 5.8%, and rental values range from £1,110 to £1,342 per month.
The last sale was 28 Jun 2024 for £250,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 4 sales since 1995.
CO1 2FT has seen 4 sales in the last three years and 2 sales in the last twelve months.
CO1 2FT is the 1106th largest and the 628th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2FT is the 1106th largest and the 628th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2FT is a residential postcode located on Port Lane, Colchester, CO1 with 28 houses within its bounds.
The most common property type in CO1 2FT is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to CO1 2FT is Hythe (Essex) station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CO1 2FT, 46.5% of property is privately rented and 32.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CO1 2FT, 21.5% of residents are recorded as possessing school level qualifications and 39.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO1 2FT, the average age was 33.3 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CO1 2FT, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CO1 2FT, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.