What can you afford in Colchester?
2,245 homes changed hands in Colchester over the last 12 months (Jul 2025 – Jun 2026). Half sold for £325,000 or less, a quarter for under £250,000, and three quarters for under £415,000. Buying the median home with a 10% deposit needs roughly a £65,000 salary at the typical 4.5× lending multiple , see what £65,000 takes home.
Affordability in one number: the median home here sold for 8.3× the local median full-time salary of £39,353 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Colchester
£325,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £250,000
- Three quarters under
- £415,000
- Sales
- 2,245
- HPI average
- £298,257
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 2,245 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 3.6% |
| £35,000 | £175,000 | 9.2% |
| £50,000 | £250,000 | 25% |
| £75,000 | £375,000 | 66.4% |
| £100,000 | £500,000 | 86.2% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £170,000 · 341 | ≈£34,000 |
| Terraced house | £270,000 · 504 | ≈£54,000 |
| Semi-detached house | £325,000 · 663 | ≈£65,000 |
| Detached house | £450,000 · 737 | ≈£90,000 |
For context, the UK House Price Index puts Colchester average prices down 0.5% over 12 months.
Nearby in the index
- City of London
- City of Nottingham
- City of Peterborough
- City of Plymouth
- City of Westminster
- Conwy
- Cornwall
- Cotswold
- County Durham
- Coventry
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.