Laurel Court, Magnolia Drive - CO4 3LF
Key Building Insights
Laurel Court, Magnolia Drive is a residential building situated on Magnolia Drive, Colchester, CO4 with 12 addresses.
It ranks as the 212th largest and 197th most expensive of the 265 buildings in the CO4 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 12 properties: 10 flats and 2 other properties.
- Ave. Sale Price
- £182,998
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £1,013pcm
- 10 Year change
- up 45.8%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Building Insights
Laurel Court, Magnolia Drive is a residential building situated on Magnolia Drive, Colchester, CO4 with 12 addresses.
It ranks as the 212th largest and 197th most expensive of the 265 buildings in the CO4 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 12 properties: 10 flats and 2 other properties.
- Ave. Sale Price
- £182,998
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £1,013pcm
- 10 Year change
- up 45.8%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Properties on Magnolia Drive, Colchester, CO4
- 1 Laurel Court Magnolia Drive
2 Bed Mid-century Flat
- 2 Laurel Court Magnolia Drive
2 Bed Mid-century Flat
- 3 Laurel Court Magnolia Drive
3 Bed Mid-century Flat
- 4 Laurel Court Magnolia Drive
3 Bed Mid-century Flat
- 5 Laurel Court Magnolia Drive
3 Bed Mid-century Flat
Sales Market Trends
The last sale in Laurel Court, Magnolia Drive sold for £48,000 on 11th December 2001. Since then prices are down an average of 0.0%.
The current average value in the building is £182,998.
The Laurel Court, Magnolia Drive Sales Market has increased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £182,998 |
| June 2025 | -1.3% | £181,452 |
| June 2024 | 0.1% | £183,800 |
| June 2023 | -1% | £183,587 |
| June 2022 | 7.2% | £185,445 |
| June 2021 | 3.1% | £172,956 |
| June 2020 | -0.1% | £167,738 |
| June 2019 | -1.5% | £167,902 |
| June 2018 | -1.1% | £170,458 |
| June 2017 | 6.9% | £172,406 |
| June 2016 | 12% | £161,223 |
| June 2015 | 7% | £143,948 |
| June 2014 | 5.8% | £134,593 |
| June 2013 | 0.1% | £127,181 |
| June 2012 | -0.7% | £127,038 |
| June 2011 | -1.1% | £127,877 |
| June 2010 | 5.5% | £129,347 |
| June 2009 | -11.8% | £122,640 |
| June 2008 | -8.1% | £139,075 |
| June 2007 | 0% | £151,340 |
Rental Market Trends
The current average rental value in the building is £1,013.
The Laurel Court, Magnolia Drive Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,013pcm |
| June 2025 | 3.2% | £973pcm |
| June 2024 | 6.2% | £943pcm |
| June 2023 | 6.4% | £887pcm |
| June 2022 | 9.5% | £834pcm |
| June 2021 | 6.3% | £762pcm |
| June 2020 | 1.1% | £717pcm |
| June 2019 | -0.3% | £709pcm |
| June 2018 | 0.2% | £711pcm |
| June 2017 | 2.2% | £709pcm |
| June 2016 | 5.2% | £695pcm |
| June 2015 | 2.7% | £660pcm |
| June 2014 | 1.5% | £642pcm |
| June 2013 | 0% | £633pcm |
| June 2012 | 0.2% | £633pcm |
| June 2011 | 2.4% | £632pcm |
| June 2010 | 2.7% | £617pcm |
| June 2009 | -8% | £601pcm |
| June 2008 | -0.7% | £654pcm |
| June 2007 | 0% | £658pcm |
Sales History
The last recorded sale was on 11th December 2001 for £48,000 and since then the market in the area has remained stable.
Laurel Court, Magnolia Drive, Colchester, CO4 3LF has had 3 sales since 1995, none of them in the last three years.
- Sold Dec 2001£48,000 | 3 Bed Flat8 Laurel Court, Magnolia Drive, Colchester, CO4 3LF8 Laurel Court, Magnolia Drive, Colchester, CO4 3LF
- Sold Apr 2001£46,500 | 2 Bed Flat1 Laurel Court, Magnolia Drive, Colchester, CO4 3LF1 Laurel Court, Magnolia Drive, Colchester, CO4 3LF
- Sold Sep 1998£30,000 | 3 Bed Flat8 Laurel Court, Magnolia Drive, Colchester, CO4 3LF8 Laurel Court, Magnolia Drive, Colchester, CO4 3LF
Property Types
- 10 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century flat (10)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (6)
- G (0)
- D (1)
- No EPC (2)
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 School400 m away
- Hazelmere Infant School and Nursery400 m away
- Unity Primary Academy600 m away
- Colchester Academy300 m away
- The Gilberd School3.0 km away
- The Trinity School3.1 km away
More reading links
Public Transport Nearby
The closest station to Laurel Court, Magnolia Drive, Colchester, CO4 3LF is Hythe (Essex) station, which is 1.1 kilometres away.
- Hythe (Essex)|1.1 km away
- Colchester Town|2.5 km away
- Colchester|3.3 km away
- Wivenhoe|4.1 km away
