Housing Market Analysis for MAGNOLIA DRIVE, CO4 3LE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £126,530 median price is £105,250 Standard Deviation is £79,977 with Total Sold: 16
- The Last 5 Year average price is £280,000 with Total Sold: 2
- The most recent sale happened at this postcode is 53 MAGNOLIA DRIVE: £315,000 (Sold on 27 May 2022)
- The first recorded sale happened at this postcode is 40 MAGNOLIA DRIVE: £45,500 (Sold on 25 Jun 1997)
Terraced
- The average price is around £156,000 median price is £142,000 Standard Deviation is £48,461 with Total Sold: 8
- The Last 5 Year average price is £230,000 with Total Sold: 1
- The most recent sale happened at this postcode is 43 MAGNOLIA DRIVE: £230,000 (Sold on 02 Aug 2021)
- The first recorded sale happened at this postcode is 43 MAGNOLIA DRIVE: £105,000 (Sold on 12 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 3LE 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£315,000	£3,889	1
2021	£245,000	£2,579	1
2019	£225,000	£2,744	1
2018	£212,500	£2,724	1
2010	£139,995	£1,818	1
2006	£134,500	£1,894	2
2004	£120,000	£1,263	1
2002	£90,500	£1,104	1
2000	£73,998	£929	2
1999	£64,498	£815	2
1998	£43,000	£551	1
1997	£43,750	£537	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£230,000	£2,656	1
2019	£240,000	£2,892	1
2014	£150,000	£2,083	1
2011	£139,000	£1,675	1
2007	£145,000		1
2004	£136,000	£1,876	1
2003	£103,000	£1,421	1
2002	£105,000	£1,094	1

All the Sales in the MAGNOLIA DRIVE, CO4 3LE

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

Address	Sold Date	Price	% Change
53 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	27 May 2022	£315,000	350.03%
	08 Dec 1999	£69,995	First Sale
43 MAGNOLIA DRIVETerraced, FreeholdArea: 86.6 Sq.mtrAge: 1967-1975	02 Aug 2021	£230,000	119.05%
	12 Nov 2002	£105,000	First Sale
33 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-1966	25 Jan 2021	£245,000	104.17%
	27 Apr 2004	£120,000	185.71%
	04 Nov 1997	£42,000	First Sale
54 MAGNOLIA DRIVETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	24 Oct 2019	£240,000	72.66%
	29 Jul 2011	£139,000	2.21%
	08 Mar 2004	£136,000	32.04%
	15 Apr 2003	£103,000	First Sale
35 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1976-1982	31 Jan 2019	£225,000	148.62%
	12 Apr 2002	£90,500	13.13%
	10 Aug 2000	£79,995	First Sale
37 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	10 Sep 2018	£212,500	First Sale
41 MAGNOLIA DRIVETerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	22 Apr 2014	£150,000	First Sale
51 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	18 Jun 2010	£139,995	105.88%
	12 Jul 2000	£68,000	15.25%
	08 Oct 1999	£59,000	37.21%
	17 Apr 1998	£43,000	First Sale
52 MAGNOLIA DRIVETerraced, Freehold	18 Apr 2007	£145,000	First Sale
44 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	12 May 2006	£132,000	First Sale
40 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1976-1982	04 Jan 2006	£137,000	201.10%
	25 Jun 1997	£45,500	First Sale

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

MAGNOLIA DRIVE, CO4 3LE Near By properties

Interactive Map

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

Terraced
- The average price is around £130,981 median price is £125,000 Standard Deviation is £67,874 with Total Sold: 749
- The Last 5 Year average price is £243,576 with Total Sold: 86
- 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 , 14 PEREGRINE COURT: £33,500 (Sold on 24 Jan 1995)
Flat
- The average price is around £89,631 median price is £93,000 Standard Deviation is £36,459 with Total Sold: 314
- The Last 5 Year average price is £144,812 with Total Sold: 16
- The most recent sale happened at this postcode is , 26 LIME AVENUE: £175,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is 8, LAUREL COURT MAGNOLIA DRIVE: £17,808 (Sold on 25 Sep 1995)
Detached
- The average price is around £202,457 median price is £195,998 Standard Deviation is £103,758 with Total Sold: 348
- The Last 5 Year average price is £367,385 with Total Sold: 43
- The most recent sale happened at this postcode is , 14 JOSLIN CLOSE: £450,000 (Sold on 20 Feb 2024)
- The first recorded sale happened at this postcode is , 6 MACBETH CLOSE: £12,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £141,211 median price is £138,000 Standard Deviation is £73,808 with Total Sold: 602
- The Last 5 Year average price is £255,849 with Total Sold: 87
- 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)
Other
- The average price is around £409,250 median price is £229,750 Standard Deviation is £340,912 with Total Sold: 6
- The Last 5 Year average price is £235,000 with Total Sold: 1
- 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 , HARRY GRAHAM GROUP BROMLEY ROAD: £450,000 (Sold on 01 Jul 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,250	£4,079	8
2023	£240,393	£2,954	14
2022	£266,912	£3,127	17
2021	£250,439	£2,741	33
2020	£212,714	£2,497	14
2019	£211,925	£2,477	20
2018	£209,135	£2,604	26
2017	£209,040	£2,436	25
2016	£197,864	£2,376	33
2015	£156,913	£1,940	31
2014	£142,455	£1,718	31
2013	£129,195	£1,790	19
2012	£126,139	£1,667	18
2011	£131,868	£1,567	19
2010	£128,531	£1,559	24
2009	£120,671	£1,574	17
2008	£135,857	£1,648	14
2007	£139,934	£1,757	31
2006	£121,512	£1,570	33
2005	£126,318	£1,575	22
2004	£116,977	£1,520	33
2003	£107,309	£1,331	38
2002	£89,701	£1,090	32
2001	£73,480	£904	25
2000	£62,470	£818	27
1999	£53,505	£682	45
1998	£46,127	£581	36
1997	£43,596	£557	31
1996	£39,271	£480	18
1995	£39,417	£510	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,000	£2,574	1
2023	£141,667	£2,448	3
2022	£131,375	£2,799	4
2021	£184,167	£2,617	3
2020	£127,800	£1,874	5
2019	£132,249	£2,087	5
2018	£129,688	£2,180	8
2017	£131,200	£2,132	10
2016	£113,499	£2,039	24
2015	£113,316	£1,709	19
2014	£100,750	£1,619	14
2013	£87,571	£1,395	7
2012	£92,917	£1,349	12
2011	£79,250	£1,380	8
2010	£89,999	£1,431	8
2009	£90,750	£1,362	6
2008	£98,000	£1,498	12
2007	£104,659	£1,587	22
2006	£94,196	£1,509	26
2005	£97,035	£1,403	13
2004	£86,572	£1,428	22
2003	£73,724	£1,284	13
2002	£63,828	£1,047	12
2001	£48,749	£886	12
2000	£40,500	£728	10
1999	£38,317	£639	11
1998	£30,450	£520	8
1997	£31,469	£459	7
1996	£24,958	£431	6
1995	£19,769	£322	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£450,000		1
2023	£382,500	£3,691	6
2022	£384,200	£3,310	10
2021	£374,553	£3,158	17
2020	£315,906	£3,397	9
2019	£314,375	£3,012	12
2018	£300,000	£3,189	13
2017	£315,000	£3,307	7
2016	£288,636	£3,023	11
2015	£235,062	£2,618	16
2014	£224,200	£2,205	10
2013	£232,550	£2,247	10
2012	£218,666	£1,992	6
2011	£233,429	£2,085	7
2010	£206,382	£1,877	8
2009	£204,250	£2,079	8
2008	£223,800	£1,969	5
2007	£222,586	£2,027	11
2006	£200,600	£2,033	10
2005	£220,449	£1,869	10
2004	£204,045	£2,313	11
2003	£180,622	£1,602	24
2002	£158,860	£1,442	18
2001	£139,429	£1,114	7
2000	£119,223	£1,028	22
1999	£97,294	£842	17
1998	£80,972	£689	18
1997	£71,437	£881	17
1996	£71,333	£663	15
1995	£69,479	£718	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,000		1
2023	£261,500	£4,445	17
2022	£287,324	£3,812	17
2021	£254,050	£3,099	28
2020	£230,646	£2,937	24
2019	£210,875	£3,007	20
2018	£218,431	£3,158	19
2017	£230,375	£4,755	8
2016	£203,775	£2,672	11
2015	£182,310	£2,463	21
2014	£165,842	£2,294	19
2013	£147,500	£1,932	8
2012	£152,500	£2,166	20
2011	£132,333	£1,839	12
2010	£142,050	£2,097	20
2009	£134,492	£1,687	13
2008	£137,930	£1,749	11
2007	£157,041	£2,130	30
2006	£144,575	£1,984	33
2005	£142,734	£1,925	20
2004	£130,930	£1,802	25
2003	£122,107	£1,875	18
2002	£100,066	£1,346	30
2001	£80,167	£1,025	32
2000	£72,507	£1,160	26
1999	£61,506	£849	28
1998	£53,422	£693	20
1997	£50,391	£715	29
1996	£42,019	£594	18
1995	£46,871	£669	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£235,000	£5,222	1
2019	£220,000	£2,546	1
2018	£685,250	£3,207	2
2016	£315,000		2

House Type in CO4 3LE area

The most common house types in the CO4 3LE postcode area are Flat (56), Semi-detached (28), and Terraced (21).

Total	107
Flat	56
Semi-detached	28
Terraced	21
Detached	1
converted building	1
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (68), and Private rented: Private landlord or letting agency (14).

Social rented: Rents from council or Local Authority	68
Private rented: Private landlord or letting agency	14
Owned: Owns with a mortgage or loan	12
Owned: Owns outright	9
Social rented: Other social rented	5
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the CO4 3LE have 1 person in household (44), and 2 people in household (22).

1 person in household	44
2 people in household	22
4 people in household	21
3 people in household	17
6 people in household	5
5 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0