Without a doubt there are two large driving forces for people moving to the area. The excellent range of private and state schools. The grammar schools annually top the league tables across the country. The range of private schools offer a more tailored education and are exceptionally well sought after. The second, being value for money, although, as the town grows, house prices within the area look to rise steadily within the coming years.
As the UK’s oldest town, living in Colchester provides residents with a great balance of rich history and modern lifestyle. Being one of the biggest settlements in the county, the town is thriving in this leading role.
Essex is certainly a very popular region with commuters, its status as one of the home counties no doubt contributes to this.
With a balance of urban city lifestyle and a rural living, there are many reasons it is so desirable.
Last year (2019) the Daily Mail reported that living in Colchester was the best option for those looking to travel to the capital for work!
The commute between Colchester and Liverpool Street station takes just 49 minutes, with season tickets more competitively priced than most other Essex towns.
The nearby A12 also connects the town to London and the east coast, making a day at the beach or weekend in the capital stress free.
It isn’t surprising that the cost of property in Colchester is considerably less than the capital, London.
You may be wondering how much cheaper living in Colchester is? According to Zoopla, the average cost of a property in London is £671,989 (1st of March 2020).Compare this to the average cost in Colchester which is sitting at £330,478(1st of March 2020).This is a significant saving, with the average cost being more than half of what you can expect to pay in the capital.