Cheapest and best areas to buy in Colchester. All 7 postcode districts compared.

Typical 3-bed house£349kacross Colchester
Cheapest districtCO13-bed house £307k
Sold last year1,889homes in Colchester
Prices in Colchester-0.5%on a year ago

A typical 3-bedroom house in Colchester sold for £349,000 over the last five years, in today's money. The same home costs £307k in CO1 and £384k in CO5, so where you look matters more than almost anything else.

For the most space for your money, look at CO1: about 86 m² for a typical £307k. CO4 is the busiest market, with 368 sales last year.

Prices in Colchester are down 0.5% on a year ago. Renting a 3-bedroom home costs about £1,301 a month; a 90% mortgage on the typical 3-bed house would be around £1,591 a month at 4.5% over 30 years.

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Cheapest areas to buy in Colchester

For a flat, the cheapest is CO1: a typical 2-bedroom flat sells for £163k.

Best areas in Colchester for families

Districts where the best state schools nearby beat the England average, cheapest first.

Best state primary within 2 km (pupils meeting the expected standard at 11) and secondary within 5 km (grade 5+ in English and maths). DfE performance tables.

Colchester postcode districts

District3-bed houseSize2-bed flatHouses per m²Best primarySold last year
CO1£307k86 m²£163k£3,62193%164
CO2£318k86 m²£168k£3,67779%294
CO3£366k90 m²£182k£4,07677%285
CO4£337k88 m²£171k£3,88380%368
CO5£384k93 m²£184k£4,182—266
CO6£374k91 m²£183k£4,16160%247
CO7£340k92 m²£197k£3,83247%265

Typical prices from sales in the last five years, in today's money. A dash means too few sales to say.

Questions about buying in Colchester

How much is a 3-bedroom house in Colchester?

About £349,000 across Colchester, from sales in the last five years in today's money. It ranges from £307k in CO1 to £384k in CO5.

What is the cheapest area of Colchester to buy a house?

For a 3-bedroom house: CO1 (£307k), CO2 (£318k), CO4 (£337k).

Are house prices going up in Colchester?

In Colchester, prices are down 0.5% on a year ago and up 9.8% over five years, according to the UK House Price Index (July 2026).

Which postcode in Colchester is best for families?

On school results and price together: CO1 (3-bed house £307k, best primary nearby 93% at the expected standard against 64% across England); CO2 (3-bed house £318k, best primary nearby 79% at the expected standard against 64% across England); CO4 (3-bed house £337k, best primary nearby 80% at the expected standard against 64% across England); CO3 (3-bed house £366k, best primary nearby 77% at the expected standard against 64% across England).

Is Colchester a good place to buy a house?

What the numbers say: a typical 3-bedroom house costs £349,000, prices are down 0.5% on a year ago, renting a 3-bedroom home costs about £1,301 a month against roughly £1,591 for a 90% mortgage, and 1,889 homes sold last year, so there is a real choice. Prices vary from £307k to £384k between districts, so the area you pick matters most.

How many homes sell in Colchester each year?

1,889 homes sold across its 7 postcode districts in the last year, the most in CO4.

Sources: HM Land Registry price paid data matched to the EPC register, UK House Price Index (July 2026), ONS private rents (August 2026). The mortgage figure is an illustration, not advice.