CO6 (Coggeshall) area guide

CO6
Coggeshall
The CO6 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aldham, Birch and Winstree, Bradwell, Silver End and Rivenhall, Bures St Mary, Chappel, Coggeshall, Coggeshall and North Feering, Colchester, Colne Engaine, Copford, Copford and West Stanway, Earls Colne, Eight Ash Green, Essex, Fordham, Fordham and Stour, Gosfield and Greenstead Green, Great Horkesley, Great Tey, Leavenheath, Little Horkesley, Little Tey, Lower Brett, Marks Tey, Nayland, Polstead, Polstead Heath, Stoke By Nayland, Suffolk, The Three Colnes, Thorington Street, Wakes Colne, West Bergholt, West Bergholt and Eight Ash Green, White Colne, Wormingford.
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Notes:

A Mouseprice property guide for CO6 Coggeshall is coming soon. In the meantime, please have a look at the raw data and statistics about CO6 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Colchester propertyThe size of the property market in CO6 is 11625 homes.

Colchester propertyGiven that the nominal growth rate in this postcode district (CO6) has been about 12.4% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Colchester propertyAverage property prices in this postcode district over the last three months have been approximately £237798.

Colchester propertyWhen examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 9.3.

Colchester propertyNew transactions as a percentage of overall sales are 6%.

Housing stock:

Coggeshall propertyIf you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 48.6% of properties being this type.

Coggeshall propertyThe least common type of property in this area is Flats (7.2% of the total housing stock).

Coggeshall propertyThis is an area with a high proportion of property suitable for families with children.

Coggeshall propertySocially rented accommodation represents 10% of the total rented accommodation in the area.

Coggeshall propertyThe majority of property in this area is owner occupied.

Coggeshall propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £233244.

Who lives here:

Coggeshall propertyCoggeshall propertyThe average age in this area is 42.
Coggeshall propertyThis area has a high percentage of married people at 21.8%.
Coggeshall propertyAverage working hours in this area for men are 44 and for women are 30.
Coggeshall propertyThis area has 1.5 people per square kilometre.
Coggeshall propertyJob prospects in this area are good with low unemployment (1.8%). Most jobs are found in the Wholesale & Retail and Construction sectors.