CO7 9TF is a residential postcode located on West Quay, Wivenhoe, Colchester, CO7. It is the 1183rd largest postcode in the CO7 area.
It contains 37 residential addresses consisting of 27 houses and 10 flats and the most common type of property is a modern house built after 1980.
The average house value is £652,197. Sales values have decreased in the last 12 months by 2.4% and Rental values have increased by 6.4%.
Property sale values range from £263,540 for a leasehold flat, with 2 bedrooms split across 517 square feet of gross internal area and has no outside space to £820,600 for a freehold house, with 5 bedrooms split across 1,879 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO7 9TF is £465/ft2.
Properties achieve a rental yield of between 3.7% and 5.6%, and rental values range from £1,232 to £2,615 per month.
The last sale was 05 Apr 2023 for £700,000 and since then the market in the area as increased by -1.9%. The postcode has had a total of 4 sales since 1995.
CO7 9TF has seen 4 sales in the last three years and no sales in the last twelve months.
CO7 9TF is the 1183rd largest and the 1077th most expensive postcode out of the 1,260 postcodes in the CO7 area.
CO7 9TF is a residential postcode located on West Quay, Wivenhoe, Colchester, CO7 with 27 houses and 10 flats within its bounds.
The most common property type in CO7 9TF is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to CO7 9TF is Wivenhoe 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 9TF, 42.7% of property is privately owned outright and 26.8% 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 9TF, 15.8% of residents are recorded as possessing school level qualifications and 53.3% 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 9TF, the average age was 41 and the most common age was 17.
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 9TF, 1.1% 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 9TF, 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.