Magnolia Drive - CO4 3LQ
Key Postcode Insights
CO4 3LQ is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 15 addresses.
It ranks as the 529th largest and 76th 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 15 properties: 7 houses and 8 flats.
- Ave. Sale Price
- £170,742
- 10 Year change
- up 21.6%
- Ave. Rental Price
- £952pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
CO4 3LQ is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 15 addresses.
It ranks as the 529th largest and 76th 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 15 properties: 7 houses and 8 flats.
- Ave. Sale Price
- £170,742
- 10 Year change
- up 21.6%
- Ave. Rental Price
- £952pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin CO4 3LQ
- 2 Magnolia Drive
3 Bed Mid-century Flat
- 4 Magnolia Drive
Flat
- 6 Magnolia Drive
3 Bed Mid-century Flat
- 8 Magnolia Drive
3 Bed Mid-century Flat
- 11 Magnolia Drive
House
Sales Market Trends
The last sale in CO4 3LQ sold for £255,000 on 20th May 2022. Since then prices are down an average of 1.1%.
The current average value in the postcode is £170,742.
The CO4 3LQ Sales Market has increased by 21.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £170,742 |
| June 2025 | 0% | £171,362 |
| June 2024 | -0.4% | £171,281 |
| June 2023 | -1% | £171,887 |
| June 2022 | 9.8% | £173,661 |
| June 2021 | 5.1% | £158,222 |
| June 2020 | 0% | £150,612 |
| June 2019 | -1.6% | £150,620 |
| June 2018 | -0.1% | £153,066 |
| June 2017 | 9.2% | £153,249 |
| June 2016 | 13.2% | £140,401 |
| June 2015 | 7.7% | £123,987 |
| June 2014 | 7.2% | £115,112 |
| June 2013 | 0.4% | £107,357 |
| June 2012 | 0.8% | £106,965 |
| June 2011 | -0.6% | £106,106 |
| June 2010 | 7.8% | £106,754 |
| June 2009 | -12.3% | £99,017 |
| June 2008 | -7.5% | £112,902 |
| June 2007 | 0% | £122,020 |
Rental Market Trends
The current average rental value in the postcode is £952.
The CO4 3LQ Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £952pcm |
| June 2025 | 4.6% | £926pcm |
| June 2024 | 5.7% | £885pcm |
| June 2023 | 6.3% | £837pcm |
| June 2022 | 12.1% | £787pcm |
| June 2021 | 8.3% | £702pcm |
| June 2020 | 1.1% | £648pcm |
| June 2019 | -0.4% | £641pcm |
| June 2018 | 1.3% | £643pcm |
| June 2017 | 4.3% | £635pcm |
| June 2016 | 6.4% | £609pcm |
| June 2015 | 3.5% | £573pcm |
| June 2014 | 2.8% | £554pcm |
| June 2013 | 0.2% | £538pcm |
| June 2012 | 1.7% | £537pcm |
| June 2011 | 2.9% | £528pcm |
| June 2010 | 5% | £513pcm |
| June 2009 | -8.5% | £489pcm |
| June 2008 | 0% | £535pcm |
| June 2007 | 0% | £535pcm |
Sales History
The last sale was on 20th May 2022 for £255,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 5 sales since 1995.
CO4 3LQ has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2022£255,000 | 3 Bed House31, Magnolia Drive, Colchester, CO4 3LQ31, Magnolia Drive, Colchester, CO4 3LQ
- Sold Jun 2018£210,000 | 3 Bed House17, Magnolia Drive, Colchester, CO4 3LQ17, Magnolia Drive, Colchester, CO4 3LQ
- Sold Jun 2010£119,000 | 3 Bed House31, Magnolia Drive, Colchester, CO4 3LQ31, Magnolia Drive, Colchester, CO4 3LQ
- Sold May 2010£140,000 | 4 Bed House25, Magnolia Drive, Colchester, CO4 3LQ25, Magnolia Drive, Colchester, CO4 3LQ
- Sold Sep 2000£72,000 | 4 Bed House25, Magnolia Drive, Colchester, CO4 3LQ25, Magnolia Drive, Colchester, CO4 3LQ
Nearby Postcodes
CO4 3LQ is the 529th largest and the 76th most expensive postcode out of the 1,130 postcodes in the CO4 area.
- CO4 3LG, Magnolia Drive, Colchester, CO4CO4 3LG18 Addresses|52 m away
- CO4 3LH, Hawthorn Avenue, Colchester, CO4CO4 3LH37 Addresses|63 m away
- CO4 3LJ, Almond Way, Colchester, CO4CO4 3LJ40 Addresses|77 m away
- CO4 3JT, Acacia Avenue, Colchester, CO4CO4 3JT9 Addresses|102 m away
- CO4 3LF, Magnolia Drive, Colchester, CO4CO4 3LF12 Addresses|106 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 7 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (5)
- mid-century flat (7)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (2)
- F (0)
- C (8)
- G (0)
- D (1)
- 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 School400 m away
- Hazelmere Infant School and Nursery400 m away
- Unity Primary Academy500 m away
- Colchester Academy300 m away
- The Gilberd School3.0 km away
- The Trinity School3.0 km away
More reading links
Public Transport Nearby
The closest station to CO4 3LQ is Hythe (Essex) station, which is 1.0 kilometres away.
- Hythe (Essex)|1.0 km away
- Colchester Town|2.4 km away
- Colchester|3.2 km away
- Wivenhoe|4.1 km away
