House prices in CO6 2 (Earls Colne)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CO6 2' (Earls Colne, Coggeshall) - statistics were last calculated on 30 June 2024.


Defining 'CO6 2'

This analysis is limited to properties whose postcode starts with "CO6 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Earls Colne.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Earls Colne is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Katoomba, Bacons Lane, Earls Colne, Coggeshall, sold for £573,000 on May-2024. Given the internal area of 104 square metres, the price per sqm is £5,509.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 111 sales in Earls Colne (CO6 2) that took place in the last two years.

Distribution of £ per sqm for Earls Colne, Coggeshall
Distribution of £ per sqm house prices in Earls Colne

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Earls Colne (CO6 2). Of the 111 transactions, half were sold for between £3,480 and £4,780 per square metre. The median, or 'middle', price per square metre in 'CO6 2' is £3,960. Notably, only 25% of properties that sold recently were valued at more than £4,780 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Earls Colne, Coggeshall

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Coggeshall. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Earls Colne
House price heatmap for Earls Colne, Coggeshall

Comparison with neighbouring postcode sectors

The table below shows how 'CO6 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CO6 3 West Bergholt £3,570 sqm £4,040 sqm £4,480 sqm
CO6 4 Great Horkesley £3,540 sqm £4,000 sqm £4,590 sqm
CO6 5 Polstead £3,340 sqm £3,630 sqm £3,910 sqm
CO6 2 Earls Colne £3,480 sqm £3,960 sqm £4,780 sqm
CO6 1 Coggeshall £3,380 sqm £3,900 sqm £4,550 sqm

Will Coggeshall house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CO6 2 (Earls Colne) compared with both the wider area CO6 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Earls Colne,Coggeshall
House price trends for Earls Colne

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CO6 2 sales
Recent trends for Earls Colne

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Coggeshall to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Coggeshall and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
High Street, Earls Colne, CO6 2P 97 sqm £3,367 11
Queens Road, Earls Colne, CO6 2R 95 sqm £3,909 10
Thomas Bell Road, Earls Colne, CO6 2P 56 sqm £4,198 9
High Street, Earls Colne, CO6 2Q 93 sqm £3,350 9
Lowefields, Earls Colne, CO6 2L 69 sqm £4,529 9
Brook Street, Earls Colne, CO6 2J 101 sqm £3,669 8
Colchester Road, Earls Colne, CO6 2D 153 sqm £3,647 8
Station Road, Earls Colne, CO6 2E 135 sqm £4,172 8

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Monks Road, Earls Colne, CO6 2R 96 sqm £3,938 9

Monks Road, Earls Colne, CO6 2R has seen 9 new build sales in the last 4 years (average price £363,850). These new build homes typically have an internal area of 96 sqm, with an average price of £3,938 sqm. This £sqm average is £-22 below the average for CO6 2. New builds typically command a £ per sqm premium. In the case of Monks Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Earls Colne is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
Katoomba, Bacons Lane, Earls Colne, Coggeshall £573,000
May-2024
104 5,509
3, Swallow Field, Earls Colne, Coggeshall £555,000
Apr-2024
113 4,911
7, Tillwicks Close, Earls Colne, Coggeshall £295,000
Apr-2024
61 4,836

See the entire list of all sales in Earls Colne (CO6 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.