CO7 8FL is a residential postcode located on Pippin Way, Alresford, Colchester, CO7. It is the 1178th largest postcode in the CO7 area.
It contains 36 residential addresses consisting of 29 houses and 7 flats and the most common type of property is a modern house built after 1980.
The average house value is £354,158. 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 £72,438 for a leasehold flat, with 2 bedrooms split across 474 square feet of gross internal area and has no outside space to £446,233 for a freehold house, with 4 bedrooms split across 1,539 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO7 8FL is £320/ft2.
Properties achieve a rental yield of between 5.1% and 7.6%, and rental values range from £461 to £1,880 per month.
The last sale was 26 Jan 2024 for £415,000 and since then the market in the area as increased by 1.7%. The postcode has had a total of 4 sales since 1995.
CO7 8FL has seen 3 sales in the last three years and 1 sale in the last twelve months.
CO7 8FL is the 1178th largest and the 528th most expensive postcode out of the 1,260 postcodes in the CO7 area.
CO7 8FL is a residential postcode located on Pippin Way, Alresford, Colchester, CO7 with 29 houses and 7 flats within its bounds.
The most common property type in CO7 8FL is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to CO7 8FL is Alresford (Essex) 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 CO7 8FL, 58.3% of property is privately owned outright and 36.5% 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 8FL, 11.7% of residents are recorded as possessing school level qualifications and 31.3% 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 8FL, 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 8FL, 0.6% 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 8FL, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.