Magnolia Drive - CO4 3LE
Key Postcode Insights
CO4 3LE is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 19 addresses.
It ranks as the 639th largest and 298th most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 17 houses and 2 other properties.
- Ave. Sale Price
- £248,624
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £1,279pcm
- 10 Year change
- up 62.4%
- Ave. £ per ft²
- £288/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
CO4 3LE is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 19 addresses.
It ranks as the 639th largest and 298th most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 17 houses and 2 other properties.
- Ave. Sale Price
- £248,624
- 10 Year change
- up 26.4%
- Ave. Rental Price
- £1,279pcm
- 10 Year change
- up 62.4%
- Ave. £ per ft²
- £288/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Properties in CO4 3LE
- 33 Magnolia Drive
3 Bed Mid-century House
- 35 Magnolia Drive
3 Bed Mid-century House
- 37 Magnolia Drive
3 Bed Mid-century House
- 39 Magnolia Drive
3 Bed Mid-century House
- 40 Magnolia Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CO4 3LE sold for £315,000 on 27th May 2022. Since then prices are down an average of 1.5%.
The current average value in the postcode is £248,624.
The CO4 3LE Sales Market has increased by 26.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £248,624 |
| June 2025 | 0.7% | £251,246 |
| June 2024 | -0.5% | £249,487 |
| June 2023 | -1.2% | £250,727 |
| June 2022 | 11.3% | £253,808 |
| June 2021 | 6.1% | £227,981 |
| June 2020 | 0% | £214,843 |
| June 2019 | -1.8% | £214,904 |
| June 2018 | 0.6% | £218,765 |
| June 2017 | 10.6% | £217,568 |
| June 2016 | 14.2% | £196,713 |
| June 2015 | 8.1% | £172,300 |
| June 2014 | 8.2% | £159,397 |
| June 2013 | 0.4% | £147,253 |
| June 2012 | 1.8% | £146,609 |
| June 2011 | -0.3% | £144,038 |
| June 2010 | 9.3% | £144,542 |
| June 2009 | -12.9% | £132,186 |
| June 2008 | -7.2% | £151,741 |
| June 2007 | 0% | £163,456 |
Rental Market Trends
The current average rental value in the postcode is £1,279.
The CO4 3LE Rental Market has increased by 62.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,279pcm |
| June 2025 | 5.3% | £1,253pcm |
| June 2024 | 5.6% | £1,190pcm |
| June 2023 | 6.1% | £1,127pcm |
| June 2022 | 13.7% | £1,062pcm |
| June 2021 | 9.4% | £934pcm |
| June 2020 | 1.1% | £853pcm |
| June 2019 | -0.6% | £844pcm |
| June 2018 | 1.9% | £849pcm |
| June 2017 | 5.7% | £832pcm |
| June 2016 | 7.3% | £788pcm |
| June 2015 | 3.8% | £734pcm |
| June 2014 | 3.8% | £707pcm |
| June 2013 | 0.3% | £682pcm |
| June 2012 | 2.7% | £680pcm |
| June 2011 | 3.2% | £662pcm |
| June 2010 | 6.5% | £641pcm |
| June 2009 | -9.2% | £602pcm |
| June 2008 | 0.3% | £663pcm |
| June 2007 | 0% | £661pcm |
Sales History
The last recorded sale was on 27th May 2022 for £315,000 and since then the market in the area has decreased by 1.5%.
CO4 3LE has had 3 sales since 1995, none of them in the last three years.
- Sold May 2022£315,000 | 3 Bed House53, Magnolia Drive, Colchester, CO4 3LE53, Magnolia Drive, Colchester, CO4 3LE
- Sold Aug 2021£230,000 | 3 Bed House43, Magnolia Drive, Colchester, CO4 3LE43, Magnolia Drive, Colchester, CO4 3LE
- Sold Jan 2021£245,000 | 3 Bed House33, Magnolia Drive, Colchester, CO4 3LE33, Magnolia Drive, Colchester, CO4 3LE
Nearby Postcodes
CO4 3LE is the 639th largest and the 298th most expensive postcode out of the 1,130 postcodes in the CO4 area.
- CO4 3LD, Yew Tree Close, Colchester, CO4CO4 3LD6 Addresses|52 m away
- CO4 3LF, Magnolia Drive, Colchester, CO4CO4 3LF12 Addresses|73 m away
- CO4 3LA, Cypress Grove, Colchester, CO4CO4 3LA14 Addresses|83 m away
- CO4 3JZ, Honeysuckle Way, Colchester, CO4CO4 3JZ34 Addresses|92 m away
- CO4 3LT, Marigold Close, Colchester, CO4CO4 3LT9 Addresses|92 m away
Property Types
- 16 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- mid-century house (16)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 16 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (4)
- F (0)
- C (5)
- G (0)
- D (6)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Aug 2022£350,000 | 4 Bed House175, Magnolia Drive, Colchester, CO4 3LX175, Magnolia Drive, Colchester, CO4 3LX
- Sold May 2022£315,000 | 3 Bed House53, Magnolia Drive, Colchester, CO4 3LE53, Magnolia Drive, Colchester, CO4 3LE
- Sold Sep 2025£285,000 | 3 Bed House120, Magnolia Drive, Colchester, CO4 3LX120, Magnolia Drive, Colchester, CO4 3LX
Schools Nearby
- Hazelmere Junior School300 m away
- Hazelmere Infant School and Nursery300 m away
- Roach Vale Primary School600 m away
- Colchester Academy200 m away
- The Gilberd School3.0 km away
- The Trinity School3.1 km away
More reading links
Public Transport Nearby
The closest station to CO4 3LE is Hythe (Essex) station, which is 1.2 kilometres away.
- Hythe (Essex)|1.2 km away
- Colchester Town|2.6 km away
- Colchester|3.4 km away
- Wivenhoe|4.2 km away
