CO1 2UG is a residential postcode located on East Bay, Colchester, CO1. It is the 854th largest postcode in the CO1 area.
It contains 23 residential addresses consisting of 9 houses, 8 flats and 6 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £182,691. Sales values have decreased in the last 12 months by 0.6% and Rental values have increased by 7.5%.
Property sale values range from £128,746 for a leasehold flat, with 2 bedrooms split across 495 square feet of gross internal area and has no outside space to £523,076 for a freehold house, with 5 bedrooms split across 3,729 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO1 2UG is £319/ft2.
Properties achieve a rental yield of between 5.6% and 7.6%, and rental values range from £814 to £2,459 per month.
The last sale was 20 Oct 2023 for £215,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 4 sales since 1995.
CO1 2UG has seen 3 sales in the last three years and 1 sale in the last twelve months.
CO1 2UG is the 854th largest and the 306th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2UG is the 854th largest and the 306th most expensive postcode out of the 1,454 postcodes in the CO1 area.
CO1 2UG is a residential postcode located on East Bay, Colchester, CO1 with 9 houses, 8 flats and 6 unknown within its bounds.
The most common property type in CO1 2UG is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to CO1 2UG 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 2UG, 41.9% of property is privately rented and 20.6% is privately owned outright.
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 2UG, 18.4% 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 2UG, 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 2UG, 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 2UG, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.