High-street footfall still soft as Colchester rateable values reset

National BRC-Sensormatic data show August footfall down on a year ago, with England weaker than the UK average. Valuation Office figures for the 2026 revaluation give a verified Colchester rateable-value uplift, especially in industry. Neither series is a rents or takings survey for Culver Street or Clacton’s pier approaches.

Two pressures sit on Colchester’s commercial streets this autumn: fewer visitors than a year ago on the national high-street measure, and a new rates tax base after the April 2026 revaluation. Near-ring towns (Tendring including Clacton, Braintree, Chelmsford) share the national footfall backdrop, with billing-authority rateable-value changes that can be cited from official tables. What we do not have is a published Colchester-only footfall percentage or a live open-market rents index for every High Street unit. That gap is flagged rather than filled with invented local numbers.

Footfall: August still down, high streets weakest

The British Retail Consortium’s Sensormatic Footfall Monitor for 2 to 29 August 2026 (published 4 September 2026) reports total UK footfall down 1.7% year on year (an improvement on July’s 2.1% fall). High-street footfall was down 3.1%, shopping centres down 0.5%, and retail parks up 1.0%. By nation, England was down 2.1%, Wales down 1.3%, Scotland down 0.1%, and Northern Ireland up 2.8%.

Helen Dickinson, BRC chief executive, said cooler temperatures helped bring shoppers back after a hot July for essentials and back-to-school items, while retail parks outperformed high streets. Andy Sumpter of Sensormatic said the pace of decline may be easing, but growth remains negative against last year’s modest base, with England weighing on the UK total.

For Colchester that pattern is directional only. Culver Street, Lion Walk and the town centre behave more like the high-street destination class under most pressure. Out-of-town parks such as Tollgate align more with the retail-park category that rose year on year. There is no public BRC-Sensormatic series for Colchester, Clacton, Braintree or Chelmsford. Applying England’s 2.1% fall as a local meter reading would overclaim.

Retail sales volumes: July context

ONS retail sales for July 2026 (released 21 August 2026; August due 18 September) show volumes down 0.5% on the month after a revised 0.7% rise in June. In the three months to July, volumes rose 1.1% on the prior three months and were 3.0% higher than a year earlier. Non-food stores and non-store retailers fell back in July after demand was brought forward into June promotions. These are Great Britain totals, not borough figures.

Rateable values: Colchester and near-ring towns

Rateable value (RV) is the Valuation Office’s estimate of open-market annual rent on a set date. For the 2026 revaluation that date was 1 April 2024; new lists took effect on 1 April 2026. RV is not the rent a tenant pays today, and it is not the business-rates bill (multipliers, reliefs and transitional arrangements also apply).

Official compiled-list statistics show:

Billing authority Retail % Industry % Office % All %
Colchester 11.8 24.3 14.1 16.2
Braintree 10.5 18.4 16.0 16.3
Tendring 11.1 21.9 3.0 16.3
Chelmsford 10.6 16.7 7.8 13.8
East of England 9.8 20.2 13.2 18.3
England 10.0 21.4 14.6 19.6

Source: Valuation Office / HMRC NDR Revaluation 2026 compiled list, Tables A1 and A7.

Colchester’s overall RV rise (16.2%) is below the East (18.3%) and England (19.6%) averages. Retail rose 11.8% (above the East’s 9.8%). Industry jumped 24.3% (above the East’s 20.2%), which matters for estates and warehousing as much as shopfronts. Chelmsford’s softer overall rise (13.8%) and Tendring’s low office change (3.0%) show near-ring towns are not uniform. Clacton sits inside Tendring; the table does not isolate Clacton High Street alone.

Colchester City Council notes that a higher RV does not automatically mean a proportional bill rise, given multipliers and reliefs (including lower retail, hospitality and leisure multipliers from April 2026 in England).

Reading the two pressures together

  1. Demand: England high-street footfall was still down year on year in August; retail parks were up. Expect more pressure on pure town-centre comparison units than on convenient park formats, without inventing a local percentage.
  2. Tax base: Colchester RV is up 16.2% overall. That resets the rates base using April 2024 rental evidence. Check individual valuations rather than apply the borough average to every unit.
  3. Rent negotiations: Official RV is a rating construct. Open-market reviews still turn on leases and comparables. This desk has no verified Colchester Zone A or Clacton High Street rent series for September 2026.

Uncertainty and gaps

  • No public Colchester-specific footfall series in the BRC-Sensormatic release.
  • ONS retail sales are Great Britain, not borough-level.
  • RV changes are not live rents or final rates bills.
Angela White

I am a motivational speaker and business consultant based in London.