Housing Market Analysis for WORK HOUSE HILL, CO4 5TP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £244,000 median price is £244,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is MAGNOLIA WORK HOUSE HILL: £244,000 (Sold on 11 Jul 2005)
    • The first recorded sale happened at this postcode is MAGNOLIA WORK HOUSE HILL: £244,000 (Sold on 11 Jul 2005)
  • Semi-Detached
    • The average price is around £108,000 median price is £108,000 Standard Deviation is £22,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FAIRVIEW WORK HOUSE HILL: £130,000 (Sold on 23 Jun 1999)
    • The first recorded sale happened at this postcode is FAIRVIEW WORK HOUSE HILL: £86,000 (Sold on 20 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average CO4 5TP 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
2005£244,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£130,000 £1,757 1
1996£86,000 £1,162 1

All the Sales in the WORK HOUSE HILL, CO4 5TP

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

AddressSold DatePrice% Change
MAGNOLIA WORK HOUSE HILLDetached, Freehold11 Jul 2005£244,000First Sale
FAIRVIEW WORK HOUSE HILLSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1983-199023 Jun 1999£130,00051.16%
20 Dec 1996£86,000First Sale

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

WORK HOUSE HILL, CO4 5TP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £447,656 median price is £390,000 Standard Deviation is £292,067 with Total Sold: 38
    • The Last 5 Year average price is £824,583 with Total Sold: 6
    • The most recent sale happened at this postcode is , THE KEEP WORKHOUSE HILL: £680,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , EASBY WORK HOUSE HILL: £126,500 (Sold on 23 Jun 1995)
  • Other
    • The average price is around £796,700 median price is £845,000 Standard Deviation is £156,817 with Total Sold: 3
    • The Last 5 Year average price is £796,700 with Total Sold: 3
    • The most recent sale happened at this postcode is , ORCHARD FARM WET LANE: £585,100 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , THE OLD ORCHARD WET LANE: £845,000 (Sold on 30 Apr 2020)
  • Semi-Detached
    • The average price is around £240,078 median price is £251,500 Standard Deviation is £111,546 with Total Sold: 16
    • The Last 5 Year average price is £344,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WALNUT TREE COTTAGE WORK HOUSE HILL: £344,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is , WALNUT TREE COTTAGE WORK HOUSE HILL: £92,500 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£680,0001
2023£925,000 £2,704 2
2021£743,750 £6,532 2
2020£930,000 £7,724 1
2016£684,000 £5,933 2
2015£593,750 £3,571 4
2014£220,000 £2,683 1
2012£600,000 £2,544 1
2011£295,000 £2,634 2
2010£375,000 £2,969 1
2009£565,000 £2,662 2
2006£390,000 £2,532 1
2005£294,667 £1,531 3
2004£523,000 £2,084 2
2002£425,000 £154 2
2000£329,748 £1,589 2
1999£127,000 £825 1
1998£235,483 £1,331 3
1997£60,0001
1996£185,333 £860 3
1995£126,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£772,550 £5,026 2
2020£845,000 £4,592 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£344,0001
2018£320,0001
2017£433,750 £2,482 1
2013£405,000 £3,207 1
2011£275,000 £3,516 2
2010£336,000 £1,923 1
2007£300,000 £1,717 1
2005£225,000 £2,302 2
2003£167,0001
2002£168,0001
1999£130,000 £1,757 1
1998£59,000 £338 1
1996£86,000 £1,162 1
1995£92,5001

House Type in CO4 5TP area

The most common house types in the CO4 5TP postcode area are Detached (104), Semi-detached (24), and Terraced (13).

Total143
Detached104
Semi-detached24
Terraced13
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright69
Owned: Owns with a mortgage or loan49
Social rented: Other social rented8
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority5
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the CO4 5TP have 2 people in household (66), and 3 people in household (24).

2 people in household66
3 people in household24
4 people in household24
1 person in household22
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0