The average rent in Colchester is £884 according to a survey of properties carried out by HMRC's Valuation Office Agency between September 2020 and September 2021. Between the years ending September 2020 and September 2021, average rents in Colchester grew by £79. Compare average rent by area.
Colchester's average rent of £884 is £14 lower than the £898 average rent in England. Colchester is the 68th most expensive non-metropolitan district (of 181 total) based on average rent price.
The average rent growth rate in Colchester between the years ending September 2020 and September 2021 was 9.8%. If rents continue to grow at this rate, average rents will reach £1,286 by 2025.
The average cost of rent in Colchester varies depending on property type, prices start at £499 for a single room and rise to £1,399 for a house with four or more bedrooms.
Rental data for Colchester is based on a sample that may change over time. Some differences in trends may be due to changes in the sample rather than true changes in the rental market.
Within each property type, rent price can vary depending on variables such as property size and condition of fittings. For example, the lower quartile rent for two bed flats in Colchester is £725, increasing to £875 for the upper quartile rent.
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Based on the 2,370 properties surveyed, the most common type of rental property within Colchester is 2 beds, which account for 46.8% of properties. In England, the most common type of property is 2 bed flats, which account for 42.1% of the rental market stock.
The least commonly available type of rental property is Single Rooms, which account for 0.4% of properties. In England, the least common type of property is Studio flats, which account for 2.5% of the rental market stock.
YoY change in average Rent
YoY CHANGE in AVERAGE Rent
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics