Housing Market Analysis for HOBBS DRIVE, CO4 5RZ

Are you looking to understand CO4 5RZ 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 5RZ area, explore the CO4 5RZ Area information page.
For comprehensive crime statistics in the CO4 5RZ area, explore the CO4 5RZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO4 5RZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £241,855 median price is £231,500 Standard Deviation is £77,981 with Total Sold: 28
    • The Last 5 Year average price is £361,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 HOBBS DRIVE: £350,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is 10 HOBBS DRIVE: £78,000 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 5RZ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£350,000 £4,545 1
2022£375,000 £3,713 1
2020£360,000 £3,462 1
2018£341,0001
2017£337,333 £3,407 3
2016£220,000 £2,222 1
2014£249,995 £3,012 1
2013£212,500 £2,607 2
2008£262,5002
2007£245,0001
2006£200,000 £2,439 1
2005£249,983 £2,404 3
2004£216,000 £2,113 3
2003£205,000 £1,780 3
2002£174,0001
2000£114,000 £1,629 1
1998£90,0001
1996£78,0001

All the Sales in the HOBBS DRIVE, CO4 5RZ

See the table below for more details on the sold house prices in the CO4 5RZ, Colchester postcode.

AddressSold DatePrice% Change
2 HOBBS DRIVEDetached, FreeholdArea: 77 Sq.mtrAge: 1976-198229 Sep 2023£350,000First Sale
27 HOBBS DRIVEDetached, FreeholdArea: 101 Sq.mtrAge: 1976-198228 Oct 2022£375,00060.94%
03 Jun 2004£233,000First Sale
15 HOBBS DRIVEDetached, FreeholdArea: 104 Sq.mtrAge: 1976-198224 Jan 2020£360,00044.00%
25 Feb 2005£250,000First Sale
THE BAILS, 14 HOBBS DRIVEDetached, Freehold16 Apr 2018£341,00033.73%
11 Jun 2008£255,000First Sale
20 HOBBS DRIVEDetached, FreeholdArea: 99 Sq.mtrAge: 1976-198230 Nov 2017£360,000First Sale
6 HOBBS DRIVEDetached, FreeholdArea: 99 Sq.mtrAge: 1976-198220 Nov 2017£375,00035.38%
23 Jan 2017£277,00025.91%
18 Nov 2016£220,000First Sale
21 HOBBS DRIVEDetached, FreeholdArea: 83 Sq.mtrAge: 1976-198208 Aug 2014£249,995First Sale
12 HOBBS DRIVEDetached, FreeholdArea: 69.5 Sq.mtrAge: 1967-197507 Jun 2013£215,000First Sale
25 HOBBS DRIVEDetached, FreeholdArea: 99 Sq.mtrAge: 1967-197502 Apr 2013£210,000First Sale
23 HOBBS DRIVEDetached, Freehold27 Feb 2008£270,00017.39%
11 May 2005£230,00017.95%
12 Jun 2003£195,000First Sale
11 HOBBS DRIVEDetached, Freehold18 May 2007£245,000First Sale
26 HOBBS DRIVEDetached, FreeholdArea: 82 Sq.mtrAge: 1967-197503 Oct 2006£200,000First Sale
16 HOBBS DRIVEDetached, Freehold15 Jul 2005£269,95028.55%
28 Feb 2003£210,000First Sale
24 HOBBS DRIVEDetached, FreeholdArea: 99 Sq.mtrAge: 1976-198202 Nov 2004£190,000First Sale
19 HOBBS DRIVEDetached, Freehold31 Mar 2004£225,000First Sale
4 HOBBS DRIVEDetached, FreeholdArea: 118 Sq.mtrAge: 1967-197527 Nov 2003£210,000First Sale
10 HOBBS DRIVEDetached, Freehold21 Mar 2002£174,000123.08%
28 Jun 1996£78,000First Sale
18 HOBBS DRIVEDetached, FreeholdArea: 70 Sq.mtrAge: 1976-198221 Jul 2000£114,000First Sale
1 HOBBS DRIVEDetached, Freehold09 Oct 1998£90,000First Sale

Check out the sold house prices near the CO4 5RZ postcode. Properties currently for saleProperties currently for rent

HOBBS DRIVE, CO4 5RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO4 5RZ 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 5RZ postcode.

  • Semi-Detached
    • The average price is around £238,944 median price is £250,000 Standard Deviation is £113,963 with Total Sold: 65
    • The Last 5 Year average price is £376,962 with Total Sold: 13
    • The most recent sale happened at this postcode is , 7 SONGERS COTTAGES: £450,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 43 CROSS COTTAGES: £58,000 (Sold on 18 Mar 1996)
  • Detached
    • The average price is around £327,191 median price is £317,500 Standard Deviation is £157,434 with Total Sold: 116
    • The Last 5 Year average price is £478,105 with Total Sold: 28
    • The most recent sale happened at this postcode is , THE OLD FORGE HOUSE STRAIGHT ROAD: £447,500 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , HILL HOUSE : £281,000 (Sold on 17 Jan 1995)
  • Terraced
    • The average price is around £165,136 median price is £153,500 Standard Deviation is £47,719 with Total Sold: 8
    • The Last 5 Year average price is £185,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 50, CROSS COTTAGES COOKS HILL: £185,000 (Sold on 16 Aug 2023)
    • The first recorded sale happened at this postcode is , 1 LINE COTTAGES: £160,000 (Sold on 28 Sep 2001)
  • Other
    • The average price is around £1,555,480 median price is £462,476 Standard Deviation is £1,756,646 with Total Sold: 8
    • The Last 5 Year average price is £411,651 with Total Sold: 3
    • The most recent sale happened at this postcode is , DOLFS COTTAGE STRAIGHT ROAD: £600,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is , BOXTED ST. PETERS C OF E PRIMARY SCHOOL CARTERS HILL: £102,625 (Sold on 10 Sep 2004)
  • Flat
    • The average price is around £87,300 median price is £102,750 Standard Deviation is £35,080 with Total Sold: 6
    • The most recent sale happened at this postcode is 29, CROSS COTTAGES COOKS HILL: £120,000 (Sold on 20 Jan 2014)
    • The first recorded sale happened at this postcode is , 14 CROSS COTTAGES: £25,350 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£396,6673
2023£367,333 £3,651 3
2022£361,000 £3,967 1
2021£430,000 £3,258 3
2020£319,167 £3,145 3
2019£329,495 £3,309 10
2017£289,000 £2,870 2
2016£281,000 £2,633 3
2015£247,000 £3,091 3
2014£215,000 £1,955 1
2012£217,000 £1,703 3
2011£250,000 £1,789 2
2010£221,375 £1,712 2
2008£240,000 £2,456 2
2007£175,000 £2,219 1
2006£292,000 £2,008 1
2005£172,000 £1,183 1
2004£157,500 £2,383 2
2003£165,338 £1,292 5
2002£128,998 £1,544 2
2001£116,0001
2000£93,498 £762 2
1999£79,0002
1998£55,0001
1997£58,0001
1996£54,500 £602 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£500,417 £4,220 6
2022£635,000 £3,909 2
2021£457,143 £3,647 7
2020£454,958 £3,429 13
2019£369,167 £3,846 6
2018£605,5002
2017£327,000 £3,244 6
2016£418,778 £3,102 9
2015£336,000 £3,111 1
2014£344,998 £3,012 3
2013£295,000 £2,539 4
2011£167,000 £2,169 1
2010£296,750 £1,644 2
2009£339,625 £1,887 4
2008£298,333 £2,741 3
2007£345,000 £2,019 3
2006£331,665 £2,309 3
2005£248,740 £1,626 5
2004£215,700 £2,021 5
2003£252,583 £1,707 6
2002£265,6676
2001£220,000 £1,618 1
2000£114,000 £1,629 1
1999£112,5003
1998£90,0001
1997£107,999 £783 6
1996£84,000 £662 2
1995£161,200 £765 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,000 £3,426 1
2019£147,000 £2,722 1
2016£186,298 £2,591 2
2011£234,000 £1,834 1
2006£122,500 £2,269 1
2004£99,995 £1,852 1
2001£160,000 £1,254 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£600,0001
2021£317,4762
2019£1,598,133 £3,619 2
2017£2,600,000 £22,414 1
2016£5,310,0001
2004£102,6251
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£120,000 £2,267 1
2013£118,000 £2,145 1
2011£100,500 £1,899 1
2009£105,000 £2,113 1
2004£54,950 £999 1
1997£25,350 £478 1

House Type in CO4 5RZ area

The most common house types in the CO4 5RZ postcode area are Detached (134), Semi-detached (44), and Shared house (3).

Total181
Detached134
Semi-detached44
Shared house3
Terraced0
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (105), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright105
Owned: Owns with a mortgage or loan55
Private rented: Private landlord or letting agency11
Social rented: Other social rented8
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the CO4 5RZ have 2 people in household (80), and 1 person in household (53).

2 people in household80
1 person in household53
4 people in household27
3 people in household15
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0