HOUSE prices in Colchester fell further than average at the end of last year.

According to the Land Registry, the average price for a house in the borough was £257,561 at the end of November.

That was a 2.3 per cent decrease on October and a 2.6 per cent annual decline.

This was worse than the overall decline in the East of England where prices only decreased 0.7 per cent whereas across the UK there was a 0.4 per cent rise.

Terraced houses fared worst in Colchester in November dropping an average 2.7 per cent in price to £220,261.

Detached houses now cost an average of £427,398, semi-detached £270,734 and flats £154,480.

First-time buyers are now spending an average of £217,900 on their property - £6,400 less than a year ago but £43,600 more than in November 2014.

Over the last year, the average sale price of property in Colchester remained level.

However, results from the Office of National Statistics showed average prices had surged by nearly £100,000 over the decade - some 60 per cent.

Across the East of England, property prices are higher than those across the UK, where the average cost £235,000.