# 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 31 July 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. 1, Hunt Road, Earls Colne, Coggeshall, sold for £276,000 on May-2024. Given the internal area of 100 square metres, the price per sqm is £2,760.

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 £4,680 per square metre. The median, or 'middle', price per square metre in 'CO6 2' is £3,910. Notably, only 25% of properties that sold recently were valued at more than £4,680 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.

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 1 Coggeshall £3,380 sqm £3,860 sqm £4,540 sqm
CO6 3 West Bergholt £3,540 sqm £4,040 sqm £4,480 sqm
CO6 4 Great Horkesley £3,530 sqm £3,990 sqm £4,560 sqm
CO6 2 Earls Colne £3,480 sqm £3,910 sqm £4,680 sqm
CO6 5 Polstead £3,120 sqm £3,560 sqm £4,040 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

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
Monks Road, Earls Colne, CO6 2R 96 sqm £3,936 15
Queens Road, Earls Colne, CO6 2R 95 sqm £3,909 10
High Street, Earls Colne, CO6 2P 97 sqm £3,371 10
Thomas Bell Road, Earls Colne, CO6 2P 56 sqm £4,198 9
Lowefields, Earls Colne, CO6 2L 69 sqm £4,529 9
High Street, Earls Colne, CO6 2Q 93 sqm £3,350 9
Colchester Road, Earls Colne, CO6 2D 153 sqm £3,647 8
Brook Street, Earls Colne, CO6 2J 101 sqm £3,669 8

## 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.