CO2 7EU is a residential postcode located on Mersea Road, Colchester, CO2. It is the 595th largest postcode in the CO2 area.
It contains 12 residential addresses consisting of 1 house and 11 flats and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £140,847. Sales values have increased in the last 12 months by 0.2% and Rental values have increased by 9.1%.
Property sale values range from £97,806 for a leasehold flat, with 1 bedrooms split across 205 square feet of gross internal area and has a garden to £272,146 for a freehold house, with 3 bedrooms split across 915 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO2 7EU is £296/ft2.
Properties achieve a rental yield of between 5.6% and 7.2%, and rental values range from £586 to £1,273 per month.
The last sale was 11 Nov 2011 for £125,000 and since then the market in the area as increased by 56%. The postcode has had a total of 4 sales since 1995.
CO2 7EU has seen no sales in the last three years and no sales in the last twelve months.
CO2 7EU is the 595th largest and the 77th most expensive postcode out of the 1,454 postcodes in the CO2 area.
CO2 7EU is a residential postcode located on Mersea Road, Colchester, CO2 with 1 house and 11 flats within its bounds.
The most common property type in CO2 7EU is a period flat built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to CO2 7EU is Colchester Town station which is 200 m 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 CO2 7EU, 58.7% of property is privately rented and 16.4% 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 CO2 7EU, 23.9% of residents are recorded as possessing school level qualifications and 32.7% 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 CO2 7EU, 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 CO2 7EU, 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 CO2 7EU, 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.