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Postcode Overview
of CO5 8JL
CO5 8JL is a residential postcode located on Mersea Avenue, West Mersea, Colchester, CO5. It is the 927th largest postcode in the CO5 area.
It contains 53 houses and the most common type of property is a period house built between 1800 and 1911.
Average property prices
in CO5 8JL
The average house value is £457,503. Sales values have decreased in the last 12 months by 1.5% and Rental values have increased by 6.3%.
Property sale values range from £334,550 for a freehold house, with 2 bedrooms split across 733 square feet of gross internal area and has a garden to £679,123 for a freehold house, with 5 bedrooms split across 2,626 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO5 8JL is £358/ft2.
Properties achieve a rental yield of between 4.3% and 5.1%, and rental values range from £1,411 to £2,660 per month.
Recent sales
within CO5 8JL
The last sale was 24 May 2024 for £655,000 and since then the market in the area as increased by -0.2%. The postcode has had a total of 4 sales since 1995.
CO5 8JL has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to CO5 8JL
CO5 8JL is the 927th largest and the 563rd most expensive postcode out of the 938 postcodes in the CO5 area.
Property types
in CO5 8JL
CO5 8JL is a residential postcode located on Mersea Avenue, West Mersea, Colchester, CO5 with 53 houses within its bounds.
The most common property type in CO5 8JL is a period house built between 1800 and 1911.
Energy Efficiency
of properties within CO5 8JL
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to CO5 8JL
Public transport nearby
to CO5 8JL
The closest station to CO5 8JL is Wivenhoe station which is 9.2 km away.
