CO4 3LG is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 18 addresses.
It ranks as the 607th largest and 53rd most expensive of the 1,130 postcodes in the CO4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 flats.
CO4 3LG is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 18 addresses.
It ranks as the 607th largest and 53rd most expensive of the 1,130 postcodes in the CO4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 flats.
Sale prices range from £131,242 for 2 bedroom leasehold flats (548 ft2) to £149,146 for 3 bedroom leasehold flats (721 ft2) .
Monthly rental prices range from £801 pcm for 2 bed flats to £852 pcm for 3 bed flats.
The gross rental yield is between 6.7% and 7.3%.
The average value per square foot is £207.
The last sale in CO4 3LG sold for £135,000 on 21st July 2017. Since then prices are up an average of 6.0%.
The current average value in the postcode is £145,544.
The CO4 3LG Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £145,544 |
| April 2025 | -1.3% | £143,910 |
| April 2024 | -0.8% | £145,764 |
| April 2023 | 0.6% | £146,915 |
| April 2022 | 7.4% | £146,024 |
| April 2021 | 2.6% | £136,022 |
| April 2020 | -0.7% | £132,551 |
| April 2019 | -1.5% | £133,437 |
| April 2018 | 0.4% | £135,461 |
| April 2017 | 7.8% | £134,908 |
| April 2016 | 10.5% | £125,091 |
| April 2015 | 6.8% | £113,161 |
| April 2014 | 5.5% | £105,979 |
| April 2013 | -0.3% | £100,497 |
| April 2012 | -1.3% | £100,785 |
| April 2011 | -0.1% | £102,155 |
| April 2010 | 5.2% | £102,303 |
| April 2009 | -14.8% | £97,203 |
| April 2008 | -4.1% | £114,141 |
| April 2007 | 0% | £119,055 |
The current average rental value in the postcode is £834.
The CO4 3LG Rental Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £834pcm |
| April 2025 | 3.6% | £802pcm |
| April 2024 | 6.6% | £774pcm |
| April 2023 | 6.3% | £726pcm |
| April 2022 | 9.5% | £683pcm |
| April 2021 | 5.7% | £624pcm |
| April 2020 | 1.3% | £591pcm |
| April 2019 | -1% | £583pcm |
| April 2018 | 1.7% | £589pcm |
| April 2017 | 1.7% | £579pcm |
| April 2016 | 5.1% | £570pcm |
| April 2015 | 2.6% | £542pcm |
| April 2014 | 0.8% | £528pcm |
| April 2013 | 0.3% | £524pcm |
| April 2012 | 0.1% | £522pcm |
| April 2011 | 3% | £522pcm |
| April 2010 | 1.3% | £507pcm |
| April 2009 | -8% | £500pcm |
| April 2008 | 1% | £544pcm |
| April 2007 | 0% | £538pcm |
The last sale was on 21st July 2017 for £135,000 and since then the market in the area has increased by 6.0%. The postcode has had a total of 7 sales since 1995.
CO4 3LG has seen no sales in the last three years and no sales in the last twelve months.
CO4 3LG is the 607th largest and the 53rd most expensive postcode out of the 1,130 postcodes in the CO4 area.
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The closest station to CO4 3LG is Hythe (Essex) station which is 1.0 kilometres away.
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