Housing Market Analysis for MAGNOLIA DRIVE, CO4 3LG

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £93,286 median price is £97,500 Standard Deviation is £37,142 with Total Sold: 7
    • The most recent sale happened at this postcode is 9, REDWOOD COURT MAGNOLIA DRIVE: £135,000 (Sold on 21 Jul 2017)
    • The first recorded sale happened at this postcode is 5, REDWOOD COURT MAGNOLIA DRIVE: £61,000 (Sold on 25 Sep 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 3LG 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£140,000 £2,263 2
2014£97,500 £1,434 1
2011£29,500 £578 1
2010£85,000 £1,417 1
2006£80,500 £1,230 2

All the Sales in the MAGNOLIA DRIVE, CO4 3LG

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

AddressSold DatePrice% Change
9, REDWOOD COURT MAGNOLIA DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-196621 Jul 2017£135,00035.00%
01 Dec 2006£100,000First Sale
10, REDWOOD COURT MAGNOLIA DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 1976-198212 Jul 2017£145,00070.59%
30 Jul 2010£85,000First Sale
5, REDWOOD COURT MAGNOLIA DRIVEFlat, LeaseholdArea: 68 Sq.mtrAge: 1950-196612 Sep 2014£97,50059.84%
25 Sep 2006£61,000First Sale
2, REDWOOD COURT MAGNOLIA DRIVEFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-196622 Aug 2011£29,500First Sale

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

MAGNOLIA DRIVE, CO4 3LG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £130,859 median price is £125,000 Standard Deviation is £67,693 with Total Sold: 832
    • The Last 5 Year average price is £236,950 with Total Sold: 120
    • 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 £88,295 median price is £92,250 Standard Deviation is £36,623 with Total Sold: 378
    • The Last 5 Year average price is £140,471 with Total Sold: 26
    • 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 , 5 AFFLECK ROAD: £27,000 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £205,835 median price is £195,000 Standard Deviation is £107,204 with Total Sold: 201
    • The Last 5 Year average price is £363,201 with Total Sold: 35
    • 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 £139,216 median price is £137,000 Standard Deviation is £73,624 with Total Sold: 501
    • The Last 5 Year average price is £244,887 with Total Sold: 94
    • 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 , 19 ANTONIO WALK: £47,000 (Sold on 22 Feb 1995)
  • Other
    • The average price is around £353,071 median price is £224,500 Standard Deviation is £344,317 with Total Sold: 7
    • The Last 5 Year average price is £227,500 with Total Sold: 2
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,250 £4,079 8
2023£240,393 £2,954 14
2022£267,375 £3,131 20
2021£248,986 £2,725 37
2020£215,188 £2,529 16
2019£210,540 £2,446 25
2018£209,339 £2,538 28
2017£209,666 £2,406 27
2016£197,886 £2,375 35
2015£156,767 £1,929 33
2014£143,370 £1,733 34
2013£129,089 £1,727 19
2012£127,500 £1,680 19
2011£131,868 £1,567 19
2010£130,652 £1,572 28
2009£117,838 £1,511 21
2008£138,294 £1,653 17
2007£139,639 £1,731 32
2006£122,831 £1,556 39
2005£125,875 £1,563 24
2004£117,480 £1,513 37
2003£107,325 £1,303 43
2002£91,335 £1,098 37
2001£73,365 £901 30
2000£61,558 £807 29
1999£53,474 £670 50
1998£46,265 £582 38
1997£43,486 £547 36
1996£39,569 £484 20
1995£40,250 £517 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£133,750 £1,882 6
2019£130,193 £2,246 9
2018£131,389 £2,160 9
2017£130,833 £2,106 12
2016£112,925 £2,012 27
2015£110,909 £1,697 22
2014£100,333 £1,610 15
2013£90,833 £1,401 9
2012£92,885 £1,342 13
2011£80,500 £1,389 10
2010£88,554 £1,424 9
2009£85,357 £1,315 7
2008£101,714 £1,575 14
2007£102,620 £1,626 29
2006£94,744 £1,507 27
2005£96,664 £1,391 18
2004£87,742 £1,428 23
2003£73,086 £1,218 17
2002£65,281 £1,044 14
2001£50,382 £841 17
2000£43,359 £739 11
1999£37,968 £627 16
1998£31,467 £501 12
1997£31,910 £463 8
1996£24,343 £410 8
1995£22,262 £338 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2023£383,750 £3,549 4
2022£375,800 £3,005 5
2021£388,646 £3,054 13
2020£340,788 £3,365 4
2019£304,062 £3,065 8
2018£302,389 £3,261 9
2017£309,333 £3,649 3
2016£273,499 £2,842 5
2015£206,929 £2,517 7
2014£218,750 £2,018 4
2013£235,062 £2,171 8
2012£228,999 £2,084 4
2011£250,667 £2,063 3
2010£212,677 £1,871 6
2009£223,600 £1,916 5
2008£190,0002
2007£203,375 £1,977 4
2006£217,000 £1,873 7
2005£189,500 £1,773 3
2004£220,562 £2,822 8
2003£183,563 £1,495 15
2002£158,142 £1,467 14
2001£138,750 £1,059 4
2000£118,681 £1,034 16
1999£89,687 £665 8
1998£79,499 £687 8
1997£62,289 £1,206 5
1996£65,417 £625 9
1995£73,028 £741 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£258,562 £4,380 16
2022£280,625 £3,541 12
2021£258,592 £2,984 26
2020£226,929 £2,841 21
2019£208,111 £2,926 18
2018£220,121 £3,124 18
2017£227,000 £5,490 4
2016£197,357 £2,368 7
2015£180,654 £2,221 13
2014£167,333 £2,231 15
2013£135,032 £1,742 8
2012£151,531 £2,116 16
2011£134,500 £1,797 12
2010£140,100 £2,044 15
2009£125,531 £1,499 13
2008£135,423 £1,713 10
2007£150,682 £2,136 26
2006£143,285 £1,923 28
2005£139,584 £1,752 14
2004£126,443 £1,685 22
2003£121,433 £1,811 16
2002£97,099 £1,300 25
2001£78,611 £963 26
2000£72,094 £1,153 18
1999£58,358 £794 23
1998£51,234 £664 22
1997£48,973 £626 24
1996£39,725 £537 14
1995£46,278 £623 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£235,000 £5,222 1
2019£220,000 £2,546 1
2018£462,167 £3,207 3
2016£315,0002

House Type in CO4 3LG area

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

Total107
Flat56
Semi-detached28
Terraced21
Detached1
converted building1
Shared house0
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 (68), and Private rented: Private landlord or letting agency (14).

Social rented: Rents from council or Local Authority68
Private rented: Private landlord or letting agency14
Owned: Owns with a mortgage or loan12
Owned: Owns outright9
Social rented: Other social rented5
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

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

1 person in household44
2 people in household22
4 people in household21
3 people in household17
6 people in household5
5 people in household3
0 people in household0
7 people in household0
8 or more people in household0