CO1 2RU is a residential postcode located on Grantham Court, Colchester, CO1. It is the 887th largest postcode in the CO1 area.
It contains 19 flats and 1 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £180,334. Sales values have increased in the last 12 months by 1.0% and Rental values have increased by 9.1%.
Property sale values range from £171,332 for a leasehold flat, with 2 bedrooms split across 592 square feet of gross internal area and has no outside space to £191,885 for a leasehold flat, with 2 bedrooms split across 751 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in CO1 2RU is £274/ft2.
Properties achieve a rental yield of between 6.1% and 6.4%, and rental values range from £918 to £977 per month.
The last sale was 25 Mar 2022 for £188,000 and since then the market in the area has increased by 3.1%. The postcode has had a total of 4 sales since 1995.
CO1 2RU has seen 3 sales in the last three years and no sales in the last twelve months.
CO1 2RU is the 887th largest and the 289th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2RU is the 887th largest and the 289th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2RU is a residential postcode located on Grantham Court, Colchester, CO1 with 19 flats and 1 unknown within its bounds.
The most common property type in CO1 2RU is a mid-century flat 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 C.
The closest station to CO1 2RU is Colchester Town 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 2RU, 41.1% of property is privately rented and 21.3% 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 2RU, 16.0% of residents are recorded as possessing school level qualifications and 44.9% 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 2RU, 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 2RU, 0.8% 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 2RU, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.