Housing Market Analysis for MAGDALEN STREET, CO1 2LE

Are you looking to understand CO1 2LE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Colchester postcode.

For the location information and nearby amenities in the CO1 2LE area, explore the CO1 2LE Area information page.
For comprehensive crime statistics in the CO1 2LE area, explore the CO1 2LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO1 2LE postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £123,472 median price is £115,000 Standard Deviation is £68,321 with Total Sold: 5
    • The Last 5 Year average price is £244,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, BRETTS BUILDINGS MAGDALEN STREET: £244,000 (Sold on 19 Aug 2022)
    • The first recorded sale happened at this postcode is 1, BRETTS BUILDINGS MAGDALEN STREET: £33,000 (Sold on 30 Mar 2001)
  • Flat
    • The average price is around £121,500 median price is £131,500 Standard Deviation is £63,892 with Total Sold: 4
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, BRETTS BUILDINGS MAGDALEN STREET: £195,000 (Sold on 10 Jun 2022)
    • The first recorded sale happened at this postcode is 2, BRETTS BUILDINGS MAGDALEN STREET: £28,000 (Sold on 20 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CO1 2LE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£244,000 £3,211 1
2016£125,361 £3,028 1
2008£115,000 £2,778 1
2006£100,000 £2,415 1
2001£33,000 £797 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£195,000 £4,149 1
2018£163,000 £3,468 1
2008£100,000 £2,128 1
1996£28,000 £596 1

All the Sales in the MAGDALEN STREET, CO1 2LE

See the table below for more details on the sold house prices in the CO1 2LE, Colchester postcode.

AddressSold DatePrice% Change
3, BRETTS BUILDINGS MAGDALEN STREETTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-192919 Aug 2022£244,000First Sale
2, BRETTS BUILDINGS MAGDALEN STREETFlat, FreeholdArea: 47 Sq.mtrAge: 1900-192910 Jun 2022£195,00019.63%
05 Jan 2018£163,00063.00%
23 May 2008£100,000257.14%
20 Dec 1996£28,000First Sale
1, BRETTS BUILDINGS MAGDALEN STREETTerraced, FreeholdArea: 41.4 Sq.mtrAge: before 190022 Jan 2016£125,3619.01%
27 May 2008£115,00015.00%
29 Sep 2006£100,000203.03%
30 Mar 2001£33,000First Sale

Check out the sold house prices near the CO1 2LE postcode. Properties currently for saleProperties currently for rent

MAGDALEN STREET, CO1 2LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO1 2LE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CO1 2LE postcode.

  • Terraced
    • The average price is around £135,089 median price is £129,500 Standard Deviation is £71,786 with Total Sold: 3,886
    • The Last 5 Year average price is £222,518 with Total Sold: 587
    • The most recent sale happened at this postcode is , 33 PORT LANE: £210,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 HARSNETT ROAD: £56,000 (Sold on 17 Jan 1995)
  • Semi-Detached
    • The average price is around £162,324 median price is £151,000 Standard Deviation is £87,984 with Total Sold: 1,101
    • The Last 5 Year average price is £258,212 with Total Sold: 181
    • The most recent sale happened at this postcode is , 90 NICHOLSONS GROVE: £142,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 24 HARSNETT ROAD: £57,250 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £113,005 median price is £112,500 Standard Deviation is £56,686 with Total Sold: 1,412
    • The Last 5 Year average price is £156,238 with Total Sold: 209
    • The most recent sale happened at this postcode is FLAT 3, WATTS COURT PRIORY STREET: £160,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 2, HANNAH COURT ST BOTOLPHS CHURCH WALK: £30,000 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £226,088 median price is £200,000 Standard Deviation is £145,918 with Total Sold: 285
    • The Last 5 Year average price is £405,999 with Total Sold: 48
    • The most recent sale happened at this postcode is , 24 NEW TOWN ROAD: £540,000 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 1 WIMPOLE ROAD: £36,995 (Sold on 18 Aug 1995)
  • Other
    • The average price is around £423,030 median price is £264,000 Standard Deviation is £513,199 with Total Sold: 75
    • The Last 5 Year average price is £527,954 with Total Sold: 35
    • The most recent sale happened at this postcode is , 64 BARRACK STREET: £10,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 89 WIMPOLE ROAD: £1,266,000 (Sold on 28 Aug 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,346 £3,139 35
2023£232,131 £3,310 99
2022£250,901 £3,518 102
2021£219,979 £3,025 178
2020£196,242 £2,743 81
2019£203,489 £2,923 92
2018£207,425 £2,853 112
2017£204,379 £2,877 120
2016£192,047 £2,548 170
2015£182,002 £2,344 236
2014£166,417 £2,151 173
2013£151,106 £2,060 120
2012£147,536 £1,899 110
2011£136,928 £1,975 103
2010£130,055 £1,915 73
2009£123,570 £1,754 64
2008£130,203 £1,979 71
2007£143,265 £2,137 150
2006£140,616 £2,022 153
2005£129,290 £1,866 152
2004£128,004 £1,894 132
2003£110,732 £1,589 174
2002£92,300 £1,315 160
2001£68,857 £1,059 169
2000£61,124 £901 177
1999£52,820 £772 199
1998£47,627 £718 146
1997£42,982 £637 136
1996£38,192 £597 115
1995£39,655 £596 84
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,731 £4,763 13
2023£290,254 £3,709 29
2022£303,223 £3,612 38
2021£250,432 £3,128 37
2020£231,241 £2,885 32
2019£212,292 £2,863 32
2018£241,114 £3,274 33
2017£265,953 £2,962 32
2016£231,876 £2,674 51
2015£210,971 £2,447 54
2014£191,120 £2,117 43
2013£172,309 £2,080 36
2012£164,122 £1,916 27
2011£168,650 £1,945 28
2010£163,041 £1,845 24
2009£141,371 £1,995 35
2008£144,120 £1,906 29
2007£165,365 £2,052 56
2006£151,083 £2,009 56
2005£143,050 £2,052 48
2004£138,040 £1,735 49
2003£128,665 £1,668 41
2002£101,265 £1,345 41
2001£81,849 £1,054 46
2000£72,457 £853 37
1999£61,649 £780 35
1998£63,719 £678 37
1997£50,588 £581 29
1996£43,664 £571 31
1995£50,956 £623 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,308 £2,547 13
2023£160,006 £2,914 36
2022£152,095 £2,943 42
2021£157,488 £2,874 42
2020£143,426 £2,669 34
2019£164,705 £2,758 42
2018£159,764 £2,936 53
2017£135,423 £2,643 58
2016£140,026 £2,479 81
2015£127,619 £2,232 58
2014£120,320 £2,200 60
2013£104,341 £1,920 26
2012£98,087 £1,818 20
2011£105,909 £1,890 11
2010£93,207 £1,973 23
2009£84,438 £1,708 13
2008£133,554 £2,044 16
2007£131,286 £2,451 61
2006£118,117 £2,413 71
2005£122,317 £2,240 55
2004£136,111 £2,335 90
2003£121,407 £2,257 134
2002£96,952 £1,866 110
2001£61,668 £1,284 41
2000£53,637 £1,127 30
1999£39,601 £959 44
1998£36,481 £801 39
1997£34,838 £772 43
1996£33,178 £706 37
1995£36,994 £819 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£649,1673
2023£505,177 £5,658 14
2022£357,186 £3,793 8
2021£410,833 £3,563 6
2020£274,188 £2,477 8
2019£328,000 £3,068 9
2018£321,071 £3,396 14
2017£245,000 £3,139 3
2016£291,027 £2,706 18
2015£254,457 £2,466 19
2014£205,910 £2,235 28
2013£182,149 £1,953 10
2012£176,917 £1,935 6
2011£184,428 £1,874 7
2010£178,999 £1,835 8
2009£184,714 £1,652 7
2008£218,749 £1,923 4
2007£192,058 £2,106 13
2006£194,243 £1,888 13
2005£211,856 £2,151 7
2004£175,374 £2,343 8
2003£148,494 £1,381 10
2002£167,701 £1,923 9
2001£118,408 £1,253 22
2000£124,249 £998 5
1999£101,250 £869 6
1998£78,000 £1,444 6
1997£66,660 £617 10
1996£65,715 £680 3
1995£36,995 £480 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£339,3754
2022£482,945 £7,170 11
2021£494,167 £1,875 6
2020£338,500 £10,686 7
2019£924,857 £6,847 7
2018£317,602 £2,021 12
2017£206,625 £3,133 8
2016£443,978 £3,697 9
2015£304,100 £3,333 6
2014£177,6673
2013£715,6002

House Type in CO1 2LE area

The most common house types in the CO1 2LE postcode area are Terraced (40), Flat (21), and Semi-detached (17).

Total91
Terraced40
Flat21
Semi-detached17
Shared house5
Detached4
converted building2
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns with a mortgage or loan (19).

Private rented: Private landlord or letting agency55
Owned: Owns with a mortgage or loan19
Owned: Owns outright11
Private rented: Other private rented5
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the CO1 2LE have 1 person in household (32), and 2 people in household (31).

1 person in household32
2 people in household31
3 people in household15
4 people in household9
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0