Housing Market Analysis for MAGNOLIA DRIVE, CO4 3LS

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

Overview of Sold House prices

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

Terraced
- The average price is around £114,502 median price is £120,000 Standard Deviation is £71,632 with Total Sold: 17
- The Last 5 Year average price is £243,333 with Total Sold: 3
- The most recent sale happened at this postcode is 100 MAGNOLIA DRIVE: £235,000 (Sold on 10 Aug 2023)
- The first recorded sale happened at this postcode is 114 MAGNOLIA DRIVE: £270,000 (Sold on 13 Mar 2024)
Flat
- The average price is around £74,832 median price is £74,500 Standard Deviation is £32,612 with Total Sold: 6
- The most recent sale happened at this postcode is 129 MAGNOLIA DRIVE: £135,000 (Sold on 30 Nov 2016)
- The first recorded sale happened at this postcode is 96 MAGNOLIA DRIVE: £35,000 (Sold on 12 Feb 1999)
Semi-Detached
- The average price is around £68,167 median price is £77,000 Standard Deviation is £18,441 with Total Sold: 3
- The most recent sale happened at this postcode is 116 MAGNOLIA DRIVE: £85,000 (Sold on 08 Feb 2002)
- The first recorded sale happened at this postcode is 116 MAGNOLIA DRIVE: £42,500 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 3LS 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£235,000	£2,500	1
2022	£225,000	£2,616	1
2014	£146,500	£1,924	2
2007	£120,000		1
2006	£124,000	£1,379	1
2005	£145,000	£2,191	1
2004	£122,000	£1,245	1
2002	£74,500	£829	1
2001	£70,000		1
1999	£58,500	£650	1
1998	£46,475	£501	2
1997	£40,000		1
1996	£38,288	£425	2
2024	£270,000	£4,079	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£135,000	£1,901	1
2003	£84,500	£1,265	2
2002	£65,000	£915	1
2000	£44,995	£584	1
1999	£35,000	£455	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£81,000	£914	2
1995	£42,500	£469	1

All the Sales in the MAGNOLIA DRIVE, CO4 3LS

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

Address	Sold Date	Price	% Change
100 MAGNOLIA DRIVETerraced, FreeholdArea: 94 Sq.mtrAge: 1967-1975	10 Aug 2023	£235,000	First Sale
155 MAGNOLIA DRIVETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	18 Mar 2022	£225,000	First Sale
129 MAGNOLIA DRIVEFlat, LeaseholdArea: 71 Sq.mtrAge: 1967-1975	30 Nov 2016	£135,000	58.82%
	18 Dec 2003	£85,000	30.77%
	28 May 2002	£65,000	First Sale
114 MAGNOLIA DRIVETerraced, FreeholdArea: 66.19 Sq.mtrAge: 1976-1982	30 May 2014	£148,000	2.07%
	20 Jun 2005	£145,000	-46.30%
	13 Mar 2024	£270,000	First Sale
139 MAGNOLIA DRIVETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	24 Mar 2014	£145,000	First Sale
110 MAGNOLIA DRIVETerraced, Freehold	26 Jan 2007	£120,000	71.43%
	21 Sep 2001	£70,000	75.00%
	14 Apr 1997	£40,000	First Sale
157 MAGNOLIA DRIVETerraced, FreeholdArea: 89.9 Sq.mtrAge: 1967-1975	16 Jan 2006	£124,000	66.44%
	05 Mar 2002	£74,500	27.35%
	14 Oct 1999	£58,500	First Sale
147 MAGNOLIA DRIVETerraced, FreeholdArea: 98 Sq.mtrAge: 1976-1982	16 Sep 2004	£122,000	First Sale
94 MAGNOLIA DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1976-1982	14 Feb 2003	£84,000	First Sale
116 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 90.6 Sq.mtrAge: 1967-1975	08 Feb 2002	£85,000	100.00%
	28 Jul 1995	£42,500	First Sale
137 MAGNOLIA DRIVESemi-Detached, FreeholdArea: 86.44 Sq.mtrAge: 1967-1975	08 Feb 2002	£77,000	First Sale
96 MAGNOLIA DRIVEFlat, LeaseholdArea: 77 Sq.mtrAge: 1967-1975	27 Jul 2000	£44,995	28.56%
	12 Feb 1999	£35,000	First Sale
112 MAGNOLIA DRIVETerraced, FreeholdArea: 87.94 Sq.mtrAge: 1967-1975	28 Aug 1998	£45,950	First Sale
102 MAGNOLIA DRIVETerraced, FreeholdArea: 98 Sq.mtrAge: 1950-1966	19 Mar 1998	£47,000	34.29%
	06 Jun 1996	£35,000	First Sale
149 MAGNOLIA DRIVETerraced, FreeholdArea: 84.24 Sq.mtrAge: 1967-1975	11 Nov 1996	£41,577	First Sale

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

MAGNOLIA DRIVE, CO4 3LS Near By properties

Interactive Map

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

Terraced
- The average price is around £125,748 median price is £122,000 Standard Deviation is £64,278 with Total Sold: 788
- The Last 5 Year average price is £231,785 with Total Sold: 107
- 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 £133,533 median price is £131,000 Standard Deviation is £69,340 with Total Sold: 411
- The Last 5 Year average price is £242,460 with Total Sold: 62
- The most recent sale happened at this postcode is , 7 PENRICE CLOSE: £285,000 (Sold on 28 Mar 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 £191,889 median price is £185,000 Standard Deviation is £95,191 with Total Sold: 193
- The Last 5 Year average price is £339,055 with Total Sold: 30
- 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 £137,583 median price is £142,500 Standard Deviation is £90,514 with Total Sold: 6
- 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 , 20 HUNWICKE ROAD: £16,000 (Sold on 17 Aug 2018)
Flat
- The average price is around £102,686 median price is £99,500 Standard Deviation is £52,249 with Total Sold: 396
- The Last 5 Year average price is £135,760 with Total Sold: 25
- 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 , 5 AFFLECK ROAD: £27,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,438	£4,079	8
2023	£235,222	£2,605	9
2022	£264,025	£3,019	20
2021	£231,909	£2,660	33
2020	£216,824	£2,494	17
2019	£214,250	£2,411	20
2018	£210,483	£2,577	30
2017	£201,789	£2,396	19
2016	£187,607	£2,352	28
2015	£155,975	£1,919	30
2014	£141,645	£1,658	31
2013	£131,357	£1,858	14
2012	£129,929	£1,596	14
2011	£131,666	£1,532	21
2010	£126,859	£1,529	16
2009	£115,352	£1,483	19
2008	£138,125	£1,611	12
2007	£141,636	£1,704	29
2006	£121,477	£1,452	35
2005	£124,773	£1,520	32
2004	£117,942	£1,447	39
2003	£104,472	£1,295	51
2002	£92,998	£1,110	39
2001	£73,506	£896	31
2000	£62,418	£783	32
1999	£53,786	£663	53
1998	£45,933	£551	35
1997	£42,022	£514	33
1996	£37,593	£431	17
1995	£40,393	£500	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,500		2
2023	£256,227	£3,707	11
2022	£259,250	£4,036	10
2021	£243,125	£2,981	16
2020	£239,636	£3,118	11
2019	£210,875	£2,749	12
2018	£215,250	£2,861	9
2017	£227,188	£3,217	8
2016	£205,931	£2,707	7
2015	£180,727	£2,535	11
2014	£173,611	£2,478	9
2013	£135,710	£1,881	6
2012	£150,944	£2,155	9
2011	£129,399	£1,683	5
2010	£147,766	£1,903	15
2009	£123,921	£1,599	14
2008	£143,888	£1,494	6
2007	£149,240	£1,973	26
2006	£146,068	£1,876	22
2005	£142,233	£1,769	15
2004	£135,107	£1,768	14
2003	£122,299	£1,631	13
2002	£99,008	£1,209	26
2001	£82,902	£1,023	19
2000	£73,138	£1,008	23
1999	£63,625	£849	24
1998	£54,891	£675	17
1997	£51,117	£747	17
1996	£43,466	£617	9
1995	£48,316	£610	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£336,000	£3,844	4
2022	£365,600	£3,328	5
2021	£346,000	£3,278	11
2020	£301,525	£3,713	6
2019	£346,125	£3,010	4
2018	£290,562	£3,049	8
2017	£266,500	£3,667	2
2016	£286,875	£2,894	4
2015	£225,000	£2,464	5
2014	£221,500	£2,116	8
2013	£211,083	£2,228	6
2012	£214,400	£1,812	5
2011	£202,167	£1,968	6
2010	£194,500	£1,917	4
2009	£203,571	£2,146	7
2008	£215,000	£1,969	2
2007	£199,750	£1,826	6
2006	£199,800	£2,260	5
2005	£187,583	£1,883	6
2004	£201,417	£1,923	9
2003	£159,120	£1,671	12
2002	£159,582	£1,525	12
2001	£117,250	£1,084	4
2000	£115,625	£1,087	12
1999	£92,356	£762	7
1998	£78,582	£739	6
1997	£73,345	£733	11
1996	£61,250	£580	7
1995	£67,361	£711	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£235,000	£5,222	1
2019	£116,667	£2,546	3
2018	£120,250	£3,207	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£146,562	£2,545	4
2022	£138,500	£2,632	4
2021	£173,875	£2,466	4
2020	£124,750	£1,769	4
2019	£117,694	£2,092	9
2018	£126,250	£2,174	6
2017	£129,235	£2,045	17
2016	£111,679	£2,034	25
2015	£101,326	£1,670	27
2014	£101,250	£1,608	12
2013	£88,357	£1,354	7
2012	£98,286	£1,391	14
2011	£72,857	£1,265	7
2010	£89,999	£1,447	8
2009	£83,812	£1,317	8
2008	£169,452	£1,500	53
2007	£137,806	£1,638	44
2006	£97,382	£1,453	17
2005	£94,200	£1,392	16
2004	£87,825	£1,420	18
2003	£70,247	£1,189	11
2002	£62,994	£1,041	10
2001	£50,166	£878	12
2000	£42,338	£638	7
1999	£36,351	£560	15
1998	£30,760	£509	10
1997	£29,365	£459	9
1996	£26,159	£409	11
1995	£26,208	£407	7

House Type in CO4 3LS area

The most common house types in the CO4 3LS postcode area are Terraced (74), Flat (31), and Semi-detached (26).

Total	139
Terraced	74
Flat	31
Semi-detached	26
Detached	6
Shared house	2
converted building	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 (43), and Private rented: Private landlord or letting agency (42).

Social rented: Rents from council or Local Authority	43
Private rented: Private landlord or letting agency	42
Owned: Owns outright	22
Owned: Owns with a mortgage or loan	15
Social rented: Other social rented	11
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the CO4 3LS have 2 people in household (52), and 3 people in household (26).

2 people in household	52
3 people in household	26
4 people in household	26
1 person in household	16
5 people in household	12
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0