CO2 7FS is a residential postcode located on Lancer Street, Colchester, CO2. It is the 958th largest postcode in the CO2 area.
It contains 22 residential addresses consisting of 13 houses and 9 flats and the most common type of property is a modern house built after 1980.
The average house value is £316,418. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 6.9%.
Property sale values range from £165,215 for a leasehold flat, with 2 bedrooms split across 624 square feet of gross internal area and has no outside space to £347,857 for a freehold house, with 4 bedrooms split across 1,238 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO2 7FS is £283/ft2.
Properties achieve a rental yield of between 5.1% and 6.7%, and rental values range from £920 to £1,476 per month.
The last sale was 02 Nov 2022 for £365,000 and since then the market in the area has decreased by -2.4%. The postcode has had a total of 4 sales since 1995.
CO2 7FS has seen 2 sales in the last three years and no sales in the last twelve months.
CO2 7FS is the 958th largest and the 1079th most expensive postcode out of the 1,454 postcodes in the CO2 area.
CO2 7FS is the 958th largest and the 1079th most expensive postcode out of the 1,454 postcodes in the CO2 area.
CO2 7FS is a residential postcode located on Lancer Street, Colchester, CO2 with 13 houses and 9 flats within its bounds.
The most common property type in CO2 7FS 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 B.
The closest station to CO2 7FS is Colchester Town station which is 1.0 kilometres 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 7FS, 61.7% of property is privately owned outright and 26.7% 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 7FS, 13.1% of residents are recorded as possessing school level qualifications and 35.2% 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 7FS, the average age was 37.4 and the most common age was 47.
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 7FS, 2.0% 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 7FS, 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.