CO7 8ED is a residential postcode located on Hawkins Road, Alresford, Colchester, CO7. It is the 1110th largest postcode in the CO7 area.
It contains 28 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £318,811. Sales values have decreased in the last 12 months by 1.5% and Rental values have increased by 8.2%.
Property sale values range from £266,628 for a freehold house, with 2 bedrooms split across 667 square feet of gross internal area and has a garden to £354,603 for a freehold house, with 3 bedrooms split across 1,044 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO7 8ED is £353/ft2.
Properties achieve a rental yield of between 5.4% and 5.8%, and rental values range from £1,297 to £1,606 per month.
The last sale was 27 Jan 2023 for £300,000 and since then the market in the area as increased by -3.9%. The postcode has had a total of 4 sales since 1995.
CO7 8ED has seen 4 sales in the last three years and no sales in the last twelve months.
CO7 8ED is the 1110th largest and the 370th most expensive postcode out of the 1,260 postcodes in the CO7 area.
CO7 8ED is a residential postcode located on Hawkins Road, Alresford, Colchester, CO7 with 28 houses within its bounds.
The most common property type in CO7 8ED is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to CO7 8ED is Alresford (Essex) station which is 500 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 CO7 8ED, 50.0% of property is privately owned outright and 37.9% 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 CO7 8ED, 16.8% of residents are recorded as possessing school level qualifications and 23.3% 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 CO7 8ED, the average age was 45.8 and the most common age was 72.
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 CO7 8ED, 1.3% 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 CO7 8ED, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.