CO2 7GP is a residential postcode located on Parade Square, Colchester, CO2. It is the 1329th largest postcode in the CO2 area.
It contains 41 residential addresses consisting of 30 houses and 11 flats and the most common type of property is a modern house built after 1980.
The average house value is £280,384. Sales values have decreased in the last 12 months by 1.0% and Rental values have increased by 7.9%.
Property sale values range from £208,857 for a freehold house, with 2 bedrooms split across 495 square feet of gross internal area and has a garden to £385,177 for a freehold house, with 4 bedrooms split across 1,389 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO2 7GP is £300/ft2.
Properties achieve a rental yield of between 4.8% and 5.6%, and rental values range from £973 to £1,552 per month.
The last sale was 15 Mar 2024 for £230,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 4 sales since 1995.
CO2 7GP has seen 4 sales in the last three years and 1 sale in the last twelve months.
CO2 7GP is the 1329th largest and the 904th most expensive postcode out of the 1,454 postcodes in the CO2 area.
CO2 7GP is the 1329th largest and the 904th most expensive postcode out of the 1,454 postcodes in the CO2 area.
CO2 7GP is a residential postcode located on Parade Square, Colchester, CO2 with 30 houses and 11 flats within its bounds.
The most common property type in CO2 7GP 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 7GP is Colchester Town station which is 500 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 CO2 7GP, 36.7% of property is privately rented and 26.6% is socially rented.
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 7GP, 33.6% of residents are recorded as possessing school level qualifications and 32.9% 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 CO2 7GP, 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 7GP, 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 7GP, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.