CO1 2JT is a residential postcode situated on Magdalen Street, Colchester, CO1 with 25 addresses.
It ranks as the 312th largest and 89th most expensive of the 467 postcodes in the CO1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 25 properties: 3 houses and 22 flats.
CO1 2JT is a residential postcode situated on Magdalen Street, Colchester, CO1 with 25 addresses.
It ranks as the 312th largest and 89th most expensive of the 467 postcodes in the CO1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 25 properties: 3 houses and 22 flats.
Sale prices range from £121,000 for 1 bedroom leasehold flats (290 ft2) to £216,576 for 3 bedroom leasehold flats (947 ft2) .
Monthly rental prices range from £695 pcm for 1 bed flats to £1,169 pcm for 3 bed flats.
The gross rental yield is between 6.4% and 7.4%.
The average value per square foot is £334.
The last sale in CO1 2JT sold for £125,000 on 23rd January 2026. Since then prices are down an average of 3.3%.
The current average value in the postcode is £162,873.
The CO1 2JT Sales Market has increased by 12.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £162,873 |
| April 2025 | -1.8% | £162,499 |
| April 2024 | -1.3% | £165,431 |
| April 2023 | 0% | £167,683 |
| April 2022 | 7.9% | £167,669 |
| April 2021 | 2.4% | £155,426 |
| April 2020 | -1.3% | £151,732 |
| April 2019 | -1.4% | £153,720 |
| April 2018 | -0.4% | £155,927 |
| April 2017 | 8.5% | £156,614 |
| April 2016 | 8.8% | £144,403 |
| April 2015 | 5.8% | £132,685 |
| April 2014 | 6.8% | £125,440 |
| April 2013 | -1.1% | £117,450 |
| April 2012 | -0.2% | £118,733 |
| April 2011 | 0.5% | £118,974 |
| April 2010 | 4.2% | £118,427 |
| April 2009 | -14.5% | £113,616 |
| April 2008 | -5.8% | £132,871 |
| April 2007 | 0% | £141,088 |
The current average rental value in the postcode is £928.
The CO1 2JT Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £928pcm |
| April 2025 | 3.2% | £903pcm |
| April 2024 | 7.2% | £875pcm |
| April 2023 | 6.7% | £816pcm |
| April 2022 | 10.3% | £765pcm |
| April 2021 | 5.4% | £693pcm |
| April 2020 | 0.7% | £658pcm |
| April 2019 | 0% | £653pcm |
| April 2018 | 1.3% | £653pcm |
| April 2017 | 1.6% | £645pcm |
| April 2016 | 3.7% | £635pcm |
| April 2015 | 2.7% | £612pcm |
| April 2014 | 1.7% | £596pcm |
| April 2013 | -0.6% | £586pcm |
| April 2012 | 1.6% | £590pcm |
| April 2011 | 2.6% | £581pcm |
| April 2010 | 2.1% | £566pcm |
| April 2009 | -8.3% | £555pcm |
| April 2008 | 0.1% | £605pcm |
| April 2007 | 0% | £604pcm |
The last sale was on 23rd January 2026 for £125,000 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 18 sales since 1995.
CO1 2JT has seen 5 sales in the last three years and 3 sales in the last twelve months.
CO1 2JT is the 312th largest and the 89th most expensive postcode out of the 467 postcodes in the CO1 area.
Be the first Estate
Agent here!
The closest station to CO1 2JT is Colchester Town station which is 100 metres away.
Be the first Estate
Agent here!
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CO1 2JT, 58.7% of property is privately rented and 16.4% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CO1 2JT, 23.9% of residents are recorded as possessing school level qualifications and 32.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO1 2JT, the average age was 33.3 and the most common age was 22.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CO1 2JT, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CO1 2JT, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.