Magnolia Drive - CO4 3LP
Key Postcode Insights
CO4 3LP is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 60 addresses.
It ranks as the 1092nd largest and 44th most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 60 properties: 17 houses and 43 flats.
- Ave. Sale Price
- £154,158
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £218/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
CO4 3LP is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 60 addresses.
It ranks as the 1092nd largest and 44th most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 60 properties: 17 houses and 43 flats.
- Ave. Sale Price
- £154,158
- 10 Year change
- up 18.2%
- Ave. Rental Price
- £887pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £218/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin CO4 3LP
- 55 Magnolia Drive
Building  |  4 Flats
- 56 Magnolia Drive
3 Bed Mid-century Flat
- 57 Magnolia Drive
Building  |  2 Flats
- 58 Magnolia Drive
3 Bed Mid-century Flat
- 59 Magnolia Drive
Building  |  2 Flats
Sales Market Trends
The last sale in CO4 3LP sold for £240,000 on 1st November 2023. Since then prices are up an average of 50.9%.
The current average value in the postcode is £154,158.
The CO4 3LP Sales Market has increased by 18.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £154,158 |
| June 2025 | -0.5% | £153,985 |
| June 2024 | -0.1% | £154,776 |
| June 2023 | -1.1% | £154,945 |
| June 2022 | 8.8% | £156,675 |
| June 2021 | 4.2% | £143,995 |
| June 2020 | -0.1% | £138,144 |
| June 2019 | -1.6% | £138,241 |
| June 2018 | -0.5% | £140,513 |
| June 2017 | 8.3% | £141,217 |
| June 2016 | 12.8% | £130,418 |
| June 2015 | 7.4% | £115,610 |
| June 2014 | 6.7% | £107,693 |
| June 2013 | 0.2% | £100,945 |
| June 2012 | 0.2% | £100,723 |
| June 2011 | -0.9% | £100,544 |
| June 2010 | 6.8% | £101,436 |
| June 2009 | -12.2% | £95,011 |
| June 2008 | -7.8% | £108,215 |
| June 2007 | 0% | £117,368 |
Rental Market Trends
The current average rental value in the postcode is £887.
The CO4 3LP Rental Market has increased by 51.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £887pcm |
| June 2025 | 4% | £859pcm |
| June 2024 | 6% | £826pcm |
| June 2023 | 6.3% | £779pcm |
| June 2022 | 11.1% | £733pcm |
| June 2021 | 7.5% | £660pcm |
| June 2020 | 1.1% | £614pcm |
| June 2019 | -0.4% | £607pcm |
| June 2018 | 0.9% | £610pcm |
| June 2017 | 3.4% | £604pcm |
| June 2016 | 6% | £584pcm |
| June 2015 | 3.1% | £551pcm |
| June 2014 | 2.3% | £535pcm |
| June 2013 | 0.1% | £523pcm |
| June 2012 | 1.1% | £522pcm |
| June 2011 | 2.7% | £517pcm |
| June 2010 | 3.9% | £504pcm |
| June 2009 | -8.4% | £484pcm |
| June 2008 | -0.4% | £529pcm |
| June 2007 | 0% | £531pcm |
Sales History
The last sale was on 1st November 2023 for £240,000 and since then the market in the area has increased by 50.9%. The postcode has had a total of 13 sales since 1995.
CO4 3LP has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2023£240,000 | 3 Bed House113, Magnolia Drive, Colchester, CO4 3LP113, Magnolia Drive, Colchester, CO4 3LP
- Sold Jun 2023£250,000 | 3 Bed House72, Magnolia Drive, Colchester, CO4 3LP72, Magnolia Drive, Colchester, CO4 3LP
- Sold Nov 2021£230,000 | 3 Bed House66, Magnolia Drive, Colchester, CO4 3LP66, Magnolia Drive, Colchester, CO4 3LP
- Sold May 2021£218,000 | 3 Bed House78, Magnolia Drive, Colchester, CO4 3LP78, Magnolia Drive, Colchester, CO4 3LP
- Sold Mar 2018£142,500 | 3 Bed Flat85, Magnolia Drive, Colchester, CO4 3LP85, Magnolia Drive, Colchester, CO4 3LP
Nearby Postcodes
CO4 3LP is the 1092nd largest and the 44th most expensive postcode out of the 1,130 postcodes in the CO4 area.
- CO4 3LT, Marigold Close, Colchester, CO4CO4 3LT9 Addresses|75 m away
- CO4 3LR, Primrose Walk, Colchester, CO4CO4 3LR21 Addresses|93 m away
- CO4 3LD, Yew Tree Close, Colchester, CO4CO4 3LD6 Addresses|107 m away
- CO4 3LA, Cypress Grove, Colchester, CO4CO4 3LA14 Addresses|117 m away
- CO4 3SS, Prospero Close, Colchester, CO4CO4 3SS28 Addresses|135 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 44 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (12)
- mid-century flat (44)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 56 properties.
- The most common rating is C.
- A (1)
- E (0)
- B (15)
- F (0)
- C (34)
- G (0)
- D (6)
- No EPC (4)
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 School500 m away
- Hazelmere Infant School and Nursery500 m away
- Unity Primary Academy700 m away
- Colchester Academy400 m away
- The Gilberd School3.2 km away
- The Trinity School3.2 km away
More reading links
Public Transport Nearby
The closest station to CO4 3LP is Hythe (Essex) station, which is 1.2 kilometres away.
- Hythe (Essex)|1.2 km away
- Colchester Town|2.7 km away
- Colchester|3.5 km away
- Wivenhoe|4.0 km away
