Housing Market Analysis for OTHELLO CLOSE, CO4 3LB

Are you looking to understand CO4 3LB 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 CO4 3LB area, explore the CO4 3LB Area information page.
For comprehensive crime statistics in the CO4 3LB area, explore the CO4 3LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO4 3LB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £152,975 median price is £147,000 Standard Deviation is £62,714 with Total Sold: 24
    • The Last 5 Year average price is £239,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 39 OTHELLO CLOSE: £265,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is 31 OTHELLO CLOSE: £49,950 (Sold on 09 Apr 1998)
  • Detached
    • The average price is around £185,299 median price is £172,500 Standard Deviation is £60,317 with Total Sold: 5
    • The Last 5 Year average price is £252,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 OTHELLO CLOSE: £252,000 (Sold on 09 Sep 2019)
    • The first recorded sale happened at this postcode is 16 OTHELLO CLOSE: £119,995 (Sold on 14 Aug 2002)
  • Semi-Detached
    • The average price is around £156,000 median price is £156,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 OTHELLO CLOSE: £156,000 (Sold on 28 Oct 2005)
    • The first recorded sale happened at this postcode is 10 OTHELLO CLOSE: £156,000 (Sold on 28 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 3LB 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
2024£265,0001
2023£240,000 £2,353 1
2021£235,000 £2,776 2
2020£220,000 £2,157 1
2017£248,000 £2,725 1
2016£210,000 £2,512 1
2014£149,333 £1,625 3
2013£160,000 £1,758 1
2012£150,000 £1,765 1
2010£125,000 £1,204 1
2008£164,500 £1,808 1
2007£144,000 £1,694 1
2006£137,000 £1,513 1
2004£139,000 £1,363 1
2003£108,498 £1,298 2
2001£81,000 £953 1
2000£67,648 £726 3
1998£49,950 £561 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£252,000 £3,231 1
2018£259,000 £3,321 1
2015£172,500 £2,139 1
2003£123,000 £1,577 1
2002£119,995 £1,538 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£156,000 £1,677 1

All the Sales in the OTHELLO CLOSE, CO4 3LB

See the table below for more details on the sold house prices in the CO4 3LB, Colchester postcode.

AddressSold DatePrice% Change
39 OTHELLO CLOSETerraced, Freehold26 Jul 2024£265,0006.85%
31 Oct 2017£248,00055.00%
23 Aug 2013£160,000-2.74%
16 Apr 2008£164,500First Sale
3 OTHELLO CLOSETerraced, FreeholdArea: 102 Sq.mtrAge: 1976-198206 Sep 2023£240,0009.09%
03 Feb 2020£220,00033.33%
10 Jul 2014£165,00018.71%
04 Jun 2004£139,000110.62%
22 May 2000£65,995First Sale
33 OTHELLO CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1976-198224 Sep 2021£245,000First Sale
23 OTHELLO CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196617 Jun 2021£225,000First Sale
20 OTHELLO CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1967-197509 Sep 2019£252,000104.88%
24 Oct 2003£123,000First Sale
16 OTHELLO CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196624 Apr 2018£259,000115.84%
14 Aug 2002£119,995First Sale
13 OTHELLO CLOSETerraced, FreeholdArea: 83.6 Sq.mtrAge: 1967-197504 Nov 2016£210,00059.09%
21 Feb 2014£132,00012.82%
07 Nov 2003£117,00017.01%
24 Jun 2003£99,995First Sale
4 OTHELLO CLOSEDetached, FreeholdArea: 80.64 Sq.mtrAge: 1976-198225 Aug 2015£172,500First Sale
27 OTHELLO CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-197529 Aug 2014£151,000115.87%
01 Sep 2000£69,950First Sale
5 OTHELLO CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1976-198224 Aug 2012£150,0004.17%
25 May 2007£144,00077.78%
19 Dec 2001£81,000First Sale
21 OTHELLO CLOSETerraced, FreeholdArea: 103.84 Sq.mtrAge: 1967-197516 Aug 2010£125,000First Sale
29 OTHELLO CLOSETerraced, FreeholdArea: 90.52 Sq.mtrAge: 1976-198204 Aug 2006£137,000First Sale
10 OTHELLO CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196628 Oct 2005£156,000First Sale
31 OTHELLO CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1967-197504 Jul 2000£67,00034.13%
09 Apr 1998£49,950First Sale

Check out the sold house prices near the CO4 3LB postcode. Properties currently for saleProperties currently for rent

OTHELLO CLOSE, CO4 3LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO4 3LB 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 CO4 3LB postcode.

  • Terraced
    • The average price is around £128,976 median price is £124,000 Standard Deviation is £67,833 with Total Sold: 607
    • The Last 5 Year average price is £238,367 with Total Sold: 83
    • The most recent sale happened at this postcode is , 2 TITANIA CLOSE: £252,500 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 PEREGRINE COURT: £33,500 (Sold on 24 Jan 1995)
  • Semi-Detached
    • The average price is around £139,977 median price is £137,500 Standard Deviation is £71,580 with Total Sold: 399
    • The Last 5 Year average price is £249,959 with Total Sold: 61
    • The most recent sale happened at this postcode is , 3 ANTONIO WALK: £280,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 TURNSTONE END: £43,500 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £199,541 median price is £190,000 Standard Deviation is £95,734 with Total Sold: 597
    • The Last 5 Year average price is £353,776 with Total Sold: 73
    • The most recent sale happened at this postcode is , 44 AVON WAY: £275,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 6 MACBETH CLOSE: £12,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £161,900 median price is £220,000 Standard Deviation is £79,268 with Total Sold: 5
    • The Last 5 Year average price is £146,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , 1 ORSINO WALK: £235,000 (Sold on 21 Sep 2023)
    • The first recorded sale happened at this postcode is , 2A LEAM CLOSE: £224,500 (Sold on 24 Sep 2018)
  • Flat
    • The average price is around £115,581 median price is £105,000 Standard Deviation is £57,742 with Total Sold: 228
    • The Last 5 Year average price is £135,054 with Total Sold: 14
    • The most recent sale happened at this postcode is , 24 BUCKINGHAM DRIVE: £125,000 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is 8, LAUREL COURT MAGNOLIA DRIVE: £17,808 (Sold on 25 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,214 £4,079 7
2023£232,833 £2,543 6
2022£268,083 £3,105 18
2021£237,173 £2,733 26
2020£218,538 £2,590 13
2019£224,231 £2,514 13
2018£211,780 £2,626 25
2017£213,428 £2,493 14
2016£204,500 £2,456 25
2015£160,355 £2,003 22
2014£144,342 £1,696 19
2013£130,692 £1,882 13
2012£129,962 £1,609 13
2011£131,500 £1,548 19
2010£126,812 £1,548 12
2009£122,818 £1,619 11
2008£139,722 £1,606 9
2007£138,838 £1,717 25
2006£122,219 £1,531 27
2005£126,571 £1,567 21
2004£118,308 £1,515 30
2003£106,871 £1,313 37
2002£94,601 £1,117 29
2001£73,409 £900 22
2000£62,706 £817 24
1999£54,727 £686 47
1998£46,538 £576 28
1997£42,967 £535 23
1996£38,720 £486 14
1995£41,350 £526 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£261,722 £3,841 9
2022£265,227 £3,980 11
2021£245,300 £2,967 20
2020£238,917 £3,185 12
2019£240,187 £3,156 8
2018£217,781 £2,963 8
2017£234,167 £3,503 6
2016£217,391 £2,717 9
2015£185,538 £2,555 13
2014£177,173 £2,413 13
2013£152,800 £2,131 5
2012£154,864 £2,042 11
2011£131,374 £1,827 4
2010£146,700 £1,933 15
2009£134,889 £1,891 9
2008£153,708 £1,670 4
2007£164,260 £2,076 24
2006£152,804 £1,975 23
2005£149,357 £1,859 14
2004£135,107 £1,768 14
2003£132,995 £1,705 12
2002£107,989 £1,301 24
2001£84,566 £1,066 18
2000£74,633 £1,026 24
1999£62,458 £836 24
1998£57,903 £713 14
1997£51,833 £747 18
1996£48,688 £649 9
1995£49,605 £610 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£364,857 £4,225 7
2022£391,781 £3,584 16
2021£349,804 £3,118 28
2020£321,014 £3,288 11
2019£334,318 £2,997 11
2018£308,512 £3,064 20
2017£318,636 £2,935 11
2016£284,100 £2,800 20
2015£262,632 £2,462 19
2014£242,850 £2,252 20
2013£227,118 £2,174 17
2012£218,333 £1,930 12
2011£223,100 £2,119 15
2010£219,832 £1,919 16
2009£208,571 £2,046 14
2008£217,367 £2,150 15
2007£225,786 £1,944 19
2006£210,394 £1,938 19
2005£211,268 £1,874 26
2004£205,250 £2,022 21
2003£187,967 £1,692 34
2002£164,239 £1,515 29
2001£134,479 £1,139 27
2000£120,820 £1,043 34
1999£100,351 £944 37
1998£86,424 £759 27
1997£80,079 £757 32
1996£73,754 £696 21
1995£75,253 £735 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£235,000 £5,222 1
2019£116,667 £2,546 3
2018£224,500 £3,207 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£155,125 £2,660 2
2022£133,000 £3,005 2
2021£151,833 £2,249 3
2020£124,750 £1,769 4
2019£120,000 £2,074 3
2018£143,750 £1,914 2
2017£130,222 £2,166 9
2016£111,300 £2,216 15
2015£99,165 £1,581 14
2014£107,916 £1,551 6
2013£86,000 £1,307 4
2012£101,091 £1,330 11
2011£81,600 £1,397 5
2010£75,499 £1,366 4
2009£84,500 £1,213 3
2008£187,416 £1,104 42
2007£151,890 £1,750 32
2006£93,222 £1,502 9
2005£101,390 £1,433 5
2004£86,677 £1,461 11
2003£72,300 £1,298 5
2002£64,690 £1,092 5
2001£48,686 £964 8
2000£43,498 £586 2
1999£37,499 £585 8
1998£28,920 £568 5
1997£32,511 £437 3
1996£24,950 £442 5
1995£17,8081

House Type in CO4 3LB area

The most common house types in the CO4 3LB postcode area are Terraced (56), Flat (28), and Semi-detached (27).

Total131
Terraced56
Flat28
Semi-detached27
Detached20
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (44), and Owned: Owns outright (33).

Social rented: Rents from council or Local Authority44
Owned: Owns outright33
Private rented: Private landlord or letting agency25
Owned: Owns with a mortgage or loan19
Social rented: Other social rented7
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CO4 3LB have 2 people in household (35), and 4 people in household (31).

2 people in household35
4 people in household31
3 people in household27
1 person in household24
5 people in household9
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0