CO1 2RG is a residential postcode located on Lichfield Close, Colchester, CO1. It is the 360th largest postcode in the CO1 area.
It contains 5 houses and 2 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £295,238. Sales values have decreased in the last 12 months by 1.2% and Rental values have increased by 5.1%.
Property sale values range from £273,773 for a freehold house, with 3 bedrooms split across 850 square feet of gross internal area and has a garden to £309,208 for a freehold house, with 3 bedrooms split across 1,076 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO1 2RG is £312/ft2.
Properties achieve a rental yield of between 5.3% and 5.6%, and rental values range from £1,277 to £1,368 per month.
The last sale was 31 Oct 2023 for £285,000 and since then the market in the area has decreased by -0.3%. The postcode has had a total of 4 sales since 1995.
CO1 2RG has seen 2 sales in the last three years and 1 sale in the last twelve months.
CO1 2RG is the 360th largest and the 994th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2RG is the 360th largest and the 994th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2RG is a residential postcode located on Lichfield Close, Colchester, CO1 with 5 houses and 2 unknown within its bounds.
The most common property type in CO1 2RG is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to CO1 2RG is Colchester Town station which is 700 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 2RG, 42.9% of property is privately owned outright and 42.0% 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 2RG, 23.9% of residents are recorded as possessing school level qualifications and 30.1% 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 2RG, the average age was 40 and the most common age was 27.
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 2RG, 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 2RG, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.