Magnolia Drive - CO4 3LX
Key Postcode Insights
CO4 3LX is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 28 addresses.
It ranks as the 836th largest and 404th 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 28 properties: 22 houses and 6 flats.
- Ave. Sale Price
- £246,441
- 10 Year change
- up 22.9%
- Ave. Rental Price
- £1,245pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £284/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
CO4 3LX is a residential postcode situated on Magnolia Drive, Colchester, CO4 with 28 addresses.
It ranks as the 836th largest and 404th 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 28 properties: 22 houses and 6 flats.
- Ave. Sale Price
- £246,441
- 10 Year change
- up 22.9%
- Ave. Rental Price
- £1,245pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £284/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin CO4 3LX
- 120 Magnolia Drive
3 Bed Mid-century House
- 122 Magnolia Drive
4 Bed Modern House
- 124 Magnolia Drive
Unknown
- 126 Magnolia Drive
3 Bed Mid-century House
- 128 Magnolia Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in CO4 3LX sold for £285,000 on 12th September 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £246,441.
The CO4 3LX Sales Market has increased by 22.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £246,441 |
| June 2025 | 0.3% | £247,209 |
| June 2024 | -0.6% | £246,347 |
| June 2023 | -0.5% | £247,942 |
| June 2022 | 9.7% | £249,302 |
| June 2021 | 5.3% | £227,228 |
| June 2020 | 0.2% | £215,867 |
| June 2019 | -1.5% | £215,481 |
| June 2018 | 0% | £218,719 |
| June 2017 | 9.1% | £218,745 |
| June 2016 | 13.2% | £200,521 |
| June 2015 | 7.7% | £177,079 |
| June 2014 | 7.2% | £164,356 |
| June 2013 | 0.6% | £153,371 |
| June 2012 | 0.8% | £152,433 |
| June 2011 | -0.7% | £151,263 |
| June 2010 | 8.2% | £152,265 |
| June 2009 | -11.9% | £140,694 |
| June 2008 | -7.2% | £159,776 |
| June 2007 | 0% | £172,104 |
Rental Market Trends
The current average rental value in the postcode is £1,245.
The CO4 3LX Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,245pcm |
| June 2025 | 4.8% | £1,211pcm |
| June 2024 | 5.5% | £1,155pcm |
| June 2023 | 6.7% | £1,095pcm |
| June 2022 | 12.1% | £1,026pcm |
| June 2021 | 8.7% | £915pcm |
| June 2020 | 1.3% | £842pcm |
| June 2019 | -0.3% | £831pcm |
| June 2018 | 1.2% | £833pcm |
| June 2017 | 4.3% | £824pcm |
| June 2016 | 6.3% | £790pcm |
| June 2015 | 3.7% | £743pcm |
| June 2014 | 2.7% | £717pcm |
| June 2013 | 0.4% | £698pcm |
| June 2012 | 1.7% | £696pcm |
| June 2011 | 3.1% | £684pcm |
| June 2010 | 5.2% | £663pcm |
| June 2009 | -8.2% | £630pcm |
| June 2008 | 0.3% | £686pcm |
| June 2007 | 0% | £684pcm |
Sales History
The last sale was on 12th September 2025 for £285,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 26 sales since 1995.
CO4 3LX has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£285,000 | 3 Bed House120, Magnolia Drive, Colchester, CO4 3LX120, Magnolia Drive, Colchester, CO4 3LX
- Sold Aug 2022£350,000 | 4 Bed House175, Magnolia Drive, Colchester, CO4 3LX175, Magnolia Drive, Colchester, CO4 3LX
- Sold Jun 2021£242,000 | 3 Bed House132, Magnolia Drive, Colchester, CO4 3LX132, Magnolia Drive, Colchester, CO4 3LX
- Sold Mar 2020£270,000 | 4 Bed House173, Magnolia Drive, Colchester, CO4 3LX173, Magnolia Drive, Colchester, CO4 3LX
- Sold Mar 2018£266,000 | 3 Bed House128, Magnolia Drive, Colchester, CO4 3LX128, Magnolia Drive, Colchester, CO4 3LX
Nearby Postcodes
CO4 3LX is the 836th largest and the 404th most expensive postcode out of the 1,130 postcodes in the CO4 area.
- CO4 3JX, Stevens Walk, Colchester, CO4CO4 3JX11 Addresses|44 m away
- CO4 3LY, Holborough Close, Colchester, CO4CO4 3LY30 Addresses|73 m away
- CO4 3TA, Arrow Road, Colchester, CO4CO4 3TA14 Addresses|75 m away
- CO4 3TE, Leam Close, Colchester, CO4CO4 3TE17 Addresses|81 m away
- CO4 3TG, Antonio Walk, Colchester, CO4CO4 3TG10 Addresses|103 m away
Property Types
- 4 modern houses built after 1980
- 14 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- modern house (4)
- mid-century house (14)
- mid-century flat (6)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (14)
- G (0)
- D (9)
- 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
- Unity Primary Academy600 m away
- Hazelmere Junior School800 m away
- Hazelmere Infant School and Nursery800 m away
- Colchester Academy700 m away
- The Thomas Lord Audley School3.5 km away
- The Gilberd School3.5 km away
More reading links
Public Transport Nearby
The closest station to CO4 3LX is Hythe (Essex) station, which is 1.1 kilometres away.
- Hythe (Essex)|1.1 km away
- Colchester Town|2.7 km away
- Wivenhoe|3.7 km away
- Colchester|3.7 km away
