Housing Market Analysis for REDWOOD CLOSE, CO4 3PA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £149,250 median price is £146,500 Standard Deviation is £63,684 with Total Sold: 32
- The Last 5 Year average price is £312,500 with Total Sold: 2
- The most recent sale happened at this postcode is 16 REDWOOD CLOSE: £335,000 (Sold on 14 Sep 2023)
- The first recorded sale happened at this postcode is 37 REDWOOD CLOSE: £290,000 (Sold on 16 Dec 2022)
Detached
- The average price is around £215,200 median price is £215,000 Standard Deviation is £83,487 with Total Sold: 5
- The Last 5 Year average price is £366,000 with Total Sold: 1
- The most recent sale happened at this postcode is 41 REDWOOD CLOSE: £366,000 (Sold on 28 Sep 2022)
- The first recorded sale happened at this postcode is 41 REDWOOD CLOSE: £120,000 (Sold on 24 Jan 2002)
Terraced
- The average price is around £186,500 median price is £186,500 Standard Deviation is £36,500 with Total Sold: 2
- The most recent sale happened at this postcode is 17 REDWOOD CLOSE: £223,000 (Sold on 25 Feb 2019)
- The first recorded sale happened at this postcode is 17 REDWOOD CLOSE: £150,000 (Sold on 24 Oct 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 3PA 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
2023	£335,000	£4,043	1
2019	£230,000	£2,804	2
2016	£207,500	£2,882	1
2015	£188,000	£2,293	1
2014	£165,750	£1,964	2
2013	£161,000	£1,963	1
2012	£140,833	£1,651	3
2008	£147,500		1
2007	£151,500	£2,191	2
2006	£147,999	£1,869	5
2005	£155,000	£1,732	3
2004	£146,000	£1,706	1
2003	£139,995	£1,818	1
2002	£90,000		1
2001	£88,000	£1,028	1
1998	£59,000		1
1997	£51,167	£610	3
1995	£48,500		1
2022	£290,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£366,000	£2,604	1
2014	£215,000	£2,194	1
2006	£215,000	£1,591	1
2003	£160,000	£1,633	1
2002	£120,000	£888	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£223,000	£2,896	1
2008	£150,000	£1,948	1

All the Sales in the REDWOOD CLOSE, CO4 3PA

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

Address	Sold Date	Price	% Change
16 REDWOOD CLOSESemi-Detached, FreeholdArea: 82.86 Sq.mtrAge: 1967-1975	14 Sep 2023	£335,000	135.09%
	03 Aug 2012	£142,500	First Sale
41 REDWOOD CLOSEDetached, FreeholdArea: 140.55 Sq.mtrAge: 1976-1982	28 Sep 2022	£366,000	70.23%
	23 May 2006	£215,000	79.17%
	24 Jan 2002	£120,000	First Sale
1 REDWOOD CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	19 Aug 2019	£215,000	First Sale
45 REDWOOD CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	05 Aug 2019	£245,000	40.00%
	28 Apr 2014	£175,000	8.70%
	30 Oct 2006	£161,000	First Sale
17 REDWOOD CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	25 Feb 2019	£223,000	48.67%
	24 Oct 2008	£150,000	7.15%
	07 Nov 2003	£139,995	First Sale
23 REDWOOD CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	28 Oct 2016	£207,500	48.21%
	07 Jan 2005	£140,000	First Sale
18 REDWOOD CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	02 Jul 2015	£188,000	16.77%
	15 Aug 2013	£161,000	First Sale
47 REDWOOD CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1967-1975	20 Aug 2014	£215,000	34.38%
	24 Oct 2003	£160,000	First Sale
4 REDWOOD CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	16 Jan 2014	£156,500	7.93%
	28 Jun 2006	£145,000	249.40%
	10 Oct 1997	£41,500	First Sale
27 REDWOOD CLOSESemi-Detached, FreeholdArea: 85.6 Sq.mtrAge: 1950-1966	27 Jul 2012	£142,000	-2.74%
	26 Aug 2004	£146,000	65.91%
	01 Jun 2001	£88,000	54.39%
	03 Oct 1997	£57,000	First Sale
25 REDWOOD CLOSESemi-Detached, FreeholdArea: 87.66 Sq.mtrAge: 1967-1975	23 Mar 2012	£138,000	First Sale
21 REDWOOD CLOSESemi-Detached, Freehold	01 Sep 2008	£147,500	First Sale
39 REDWOOD CLOSESemi-Detached, Freehold	25 Jun 2007	£158,000	75.56%
39 REDWOOD CLOSESemi-Detached, Freehold	24 Jan 2002	£90,000	First Sale
35 REDWOOD CLOSESemi-Detached, FreeholdArea: 66.18 Sq.mtrAge: 1967-1975	09 Mar 2007	£145,000	6.62%
	25 Jan 2006	£135,995	First Sale
22 REDWOOD CLOSESemi-Detached, Freehold	02 Aug 2006	£149,000	207.22%
22 REDWOOD CLOSESemi-Detached, Freehold	26 Sep 1995	£48,500	First Sale
3 REDWOOD CLOSESemi-Detached, Freehold	28 Jul 2006	£149,000	First Sale
43 REDWOOD CLOSESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1967-1975	22 Aug 2005	£178,000	First Sale
12 REDWOOD CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	08 Feb 2005	£147,000	First Sale
5 REDWOOD CLOSESemi-Detached, Freehold	15 May 1998	£59,000	First Sale
2 REDWOOD CLOSESemi-Detached, Freehold	15 Aug 1997	£55,000	First Sale
37 REDWOOD CLOSESemi-Detached, Freehold	16 Dec 2022	£290,000	First Sale

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

REDWOOD CLOSE, CO4 3PA Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £150,000 median price is £145,000 Standard Deviation is £77,218 with Total Sold: 1,020
- The Last 5 Year average price is £268,942 with Total Sold: 141
- The most recent sale happened at this postcode is , 6 ST JOHNS ROAD: £375,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 24 ST JOHNS ROAD: £42,000 (Sold on 20 Mar 1995)
Terraced
- The average price is around £141,043 median price is £130,500 Standard Deviation is £73,988 with Total Sold: 470
- The Last 5 Year average price is £258,858 with Total Sold: 67
- The most recent sale happened at this postcode is 3, OAKLANDS PARSONS HEATH: £315,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 4 HAWTHORN AVENUE: £44,000 (Sold on 31 Jan 1995)
Detached
- The average price is around £207,935 median price is £186,000 Standard Deviation is £123,802 with Total Sold: 418
- The Last 5 Year average price is £383,909 with Total Sold: 54
- The most recent sale happened at this postcode is , 38 PARSONS HEATH: £550,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 19 ROACH VALE: £80,000 (Sold on 13 Feb 1995)
Flat
- The average price is around £91,800 median price is £96,500 Standard Deviation is £37,387 with Total Sold: 262
- The Last 5 Year average price is £142,346 with Total Sold: 13
- 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 , 43 ROACH VALE: £60,000 (Sold on 13 Feb 1995)
Other
- The average price is around £483,922 median price is £400,000 Standard Deviation is £389,486 with Total Sold: 8
- The Last 5 Year average price is £472,791 with Total Sold: 3
- The most recent sale happened at this postcode is , 291 HARWICH ROAD: £350,000 (Sold on 07 Jul 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,389	£3,822	9
2023	£275,775	£4,193	20
2022	£307,679	£3,850	28
2021	£262,119	£3,211	53
2020	£231,210	£2,907	31
2019	£225,852	£2,974	27
2018	£228,013	£3,202	34
2017	£242,652	£3,395	23
2016	£205,629	£2,598	31
2015	£182,196	£2,446	34
2014	£165,608	£2,172	30
2013	£166,423	£2,032	26
2012	£158,929	£2,059	32
2011	£158,200	£1,902	20
2010	£150,547	£1,899	32
2009	£153,452	£1,729	21
2008	£147,305	£1,787	21
2007	£166,518	£2,126	40
2006	£149,539	£1,902	62
2005	£146,652	£1,735	39
2004	£135,604	£1,702	39
2003	£130,473	£1,722	41
2002	£106,361	£1,462	38
2001	£82,410	£1,028	52
2000	£75,948	£1,049	40
1999	£63,801	£821	51
1998	£56,160	£776	47
1997	£52,040	£643	45
1996	£46,870	£587	31
1995	£45,985	£637	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£239,917	£3,497	6
2023	£251,056	£3,920	9
2022	£281,500	£3,935	12
2021	£279,738	£3,228	21
2020	£231,158	£3,253	19
2019	£205,200	£2,946	10
2018	£214,179	£4,813	14
2017	£212,312	£2,676	24
2016	£205,287	£2,536	19
2015	£163,210	£2,307	19
2014	£150,476	£2,079	17
2013	£138,859	£1,931	11
2012	£122,050	£1,863	10
2011	£132,244	£1,868	8
2010	£133,556	£1,651	18
2009	£125,840	£1,771	10
2008	£136,000	£1,671	10
2007	£146,105	£2,091	19
2006	£132,867	£2,056	21
2005	£128,133	£2,045	15
2004	£117,633	£1,761	15
2003	£111,620	£1,511	25
2002	£91,261	£1,390	21
2001	£73,920	£1,076	15
2000	£63,837	£902	25
1999	£54,035	£1,533	21
1998	£47,976	£738	22
1997	£46,342	£753	19
1996	£44,975	£726	8
1995	£45,429	£657	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£394,750	£3,913	4
2023	£430,625	£4,731	12
2022	£371,356	£3,309	9
2021	£385,791	£3,424	22
2020	£307,857	£3,115	7
2019	£301,889	£3,112	14
2018	£313,219	£3,187	16
2017	£313,249	£3,174	10
2016	£338,411	£3,128	17
2015	£246,559	£2,720	17
2014	£230,964	£2,183	14
2013	£206,523	£2,221	21
2012	£187,499	£2,187	9
2011	£212,833	£1,948	9
2010	£205,499	£2,284	12
2009	£275,600	£1,913	5
2008	£167,375	£1,759	4
2007	£232,856	£2,274	14
2006	£200,222	£1,955	18
2005	£196,429	£2,296	7
2004	£202,997	£2,135	15
2003	£160,997	£1,606	21
2002	£142,487	£1,605	20
2001	£123,264	£1,347	17
2000	£99,354	£1,098	20
1999	£92,016	£860	16
1998	£94,108	£738	18
1997	£63,220	£764	25
1996	£83,696	£682	14
1995	£60,727	£590	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,000	£2,574	1
2023	£143,500	£2,273	2
2022	£130,250	£3,018	4
2021	£141,000	£2,312	4
2020	£151,750	£2,109	2
2019	£148,667	£2,355	3
2018	£134,429	£2,290	7
2017	£139,800	£2,144	5
2016	£118,500	£2,034	12
2015	£113,653	£1,839	13
2014	£105,911	£1,898	18
2013	£99,600	£1,416	5
2012	£108,938	£1,582	8
2011	£80,286	£1,390	7
2010	£100,375	£1,493	4
2009	£99,667	£1,457	3
2008	£112,423	£1,757	13
2007	£114,920	£2,027	25
2006	£94,777	£1,604	22
2005	£103,250	£1,587	10
2004	£89,062	£1,332	11
2003	£79,217	£1,306	20
2002	£64,498	£1,044	7
2001	£50,700	£777	10
2000	£40,938	£779	13
1999	£43,811	£702	8
1998	£36,350	£562	10
1997	£30,667	£523	6
1996	£32,249	£577	4
1995	£28,712	£451	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£662,500	£9,414	2
2020	£93,372		1
2019	£1,000		1
2018	£911,000	£6,898	2
2016	£315,000		2

House Type in CO4 3PA area

The most common house types in the CO4 3PA postcode area are Semi-detached (70), Terraced (22), and Detached (16).

Total	123
Semi-detached	70
Terraced	22
Detached	16
Flat	12
Shared house	2
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Owned: Owns outright (42).

Owned: Owns with a mortgage or loan	46
Owned: Owns outright	42
Private rented: Private landlord or letting agency	26
Social rented: Rents from council or Local Authority	7
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the CO4 3PA have 2 people in household (39), and 1 person in household (38).

2 people in household	39
1 person in household	38
4 people in household	20
3 people in household	17
5 people in household	6
6 people in household	2
8 or more people in household	2
7 people in household	1
0 people in household	0