House prices in CO7 0 (Brightlingsea)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CO7 0' (Brightlingsea) - statistics were last calculated on 30 June 2024.

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Defining 'CO7 0'

This analysis is limited to properties whose postcode starts with "CO7 0", 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 Brightlingsea.

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.

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

Price per square metre

Knowing the average house price in Brightlingsea 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. Flat 10 St. James Court, Station Road, Brightlingsea, sold for £150,000 on May-2024. Given the internal area of 62 square metres, the price per sqm is £2,419.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 239 sales in Brightlingsea (CO7 0) that took place in the last two years.

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 Brightlingsea (CO7 0). Of the 239 transactions, half were sold for between £2,790 and £3,910 per square metre. The median, or 'middle', price per square metre in 'CO7 0' is £3,290. Notably, only 25% of properties that sold recently were valued at more than £3,910 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 Brightlingsea

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 Brightlingsea. 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 Brightlingsea

Comparison with neighbouring postcode sectors

The table below shows how 'CO7 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO7 6 East Bergholt	£3,790 sqm	£4,230 sqm	£4,870 sqm
CO7 9 Wivenhoe	£3,720 sqm	£4,230 sqm	£4,810 sqm
CO7 0 Brightlingsea	£2,790 sqm	£3,290 sqm	£3,910 sqm
CO7 7 Elmstead	£3,230 sqm	£3,880 sqm	£4,370 sqm
CO7 8 Alresford	£3,260 sqm	£3,750 sqm	£4,340 sqm

Will Brightlingsea 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 CO7 0 (Brightlingsea) compared with both the wider area CO7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Brightlingsea 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 Brightlingsea 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
Sydney Street, Brightlingsea, CO7 0B	79 sqm	£2,737	21
Chapel Road, Brightlingsea, CO7 0H	79 sqm	£3,370	19
Waterside Marina, Brightlingsea, CO7 0G	86 sqm	£3,270	16
Silcott Street, Brightlingsea, CO7 0D	80 sqm	£2,789	14
Dover Road, Brightlingsea, CO7 0P	73 sqm	£3,393	14
Nelson Street, Brightlingsea, CO7 0D	76 sqm	£2,933	13
John Street, Brightlingsea, CO7 0N	82 sqm	£3,222	13
Tower Street, Brightlingsea, CO7 0A	92 sqm	£2,893	13

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Waterside Marina, Brightlingsea, CO7 0F	80 sqm	£2,697	9

Waterside Marina, Brightlingsea, CO7 0F has seen 9 new build sales in the last 4 years (average price £204,711). These new build homes typically have an internal area of 80 sqm, with an average price of £2,697 sqm. This £sqm average is £-593 below the average for CO7 0. New builds typically command a £ per sqm premium. In the case of Waterside Marina 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 Brightlingsea 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
Flat 10 St. James Court, Station Rd, Brightlingsea	£150,000 May-2024	62	2,419
36, North Rd, Brightlingsea	£361,500 Apr-2024	108	3,347
Flat 1 Sewell House, Waterside Marina, Brightlingsea	£180,000 Apr-2024	104	1,730

See the entire list of all sales in Brightlingsea (CO7 0) here.