Mill Road - CO4 5LE
Key Postcode Insights
CO4 5LE is a residential postcode situated on Mill Road, Mile End, Colchester, CO4 with 13 addresses.
It ranks as the 464th largest and 591st most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 13 properties: 10 houses and 3 other properties.
- Ave. Sale Price
- £312,315
- 10 Year change
- up 23.7%
- Ave. Rental Price
- £1,437pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
CO4 5LE is a residential postcode situated on Mill Road, Mile End, Colchester, CO4 with 13 addresses.
It ranks as the 464th largest and 591st most expensive of the 1,130 postcodes in the CO4 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 13 properties: 10 houses and 3 other properties.
- Ave. Sale Price
- £312,315
- 10 Year change
- up 23.7%
- Ave. Rental Price
- £1,437pcm
- 10 Year change
- up 59.2%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Properties in CO4 5LE
- 37 Mill Road
4 Bed House
- 39 Mill Road
House
- 41 Mill Road
House
- 42 Mill Road
3 Bed Early-century House
- 43A Mill Road
4 Bed House
Sales Market Trends
The last sale in CO4 5LE sold for £301,000 on 24th November 2022. Since then prices are up an average of 14.5%.
The current average value in the postcode is £312,315.
The CO4 5LE Sales Market has increased by 23.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.4% | £312,315 |
| July 2025 | 0.4% | £319,863 |
| July 2024 | -0.4% | £318,613 |
| July 2023 | -0.6% | £319,838 |
| July 2022 | 9.8% | £321,700 |
| July 2021 | 6.9% | £292,883 |
| July 2020 | 0.4% | £274,095 |
| July 2019 | 0.2% | £272,871 |
| July 2018 | 0.6% | £272,243 |
| July 2017 | 7.2% | £270,549 |
| July 2016 | 13.2% | £252,389 |
| July 2015 | 9.8% | £223,005 |
| July 2014 | 6.2% | £203,159 |
| July 2013 | 1.6% | £191,227 |
| July 2012 | 1.8% | £188,294 |
| July 2011 | -0.2% | £185,030 |
| July 2010 | 11.2% | £185,449 |
| July 2009 | -9.5% | £166,752 |
| July 2008 | -7.5% | £184,234 |
| July 2007 | 0% | £199,123 |
Rental Market Trends
The current average rental value in the postcode is £1,437.
The CO4 5LE Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.4% | £1,437pcm |
| July 2025 | 6.3% | £1,403pcm |
| July 2024 | 4.2% | £1,321pcm |
| July 2023 | 7% | £1,267pcm |
| July 2022 | 11.5% | £1,185pcm |
| July 2021 | 9.4% | £1,063pcm |
| July 2020 | 1.6% | £971pcm |
| July 2019 | 0.6% | £956pcm |
| July 2018 | 2.1% | £950pcm |
| July 2017 | 3.1% | £931pcm |
| July 2016 | 6.2% | £903pcm |
| July 2015 | 4.3% | £850pcm |
| July 2014 | 2.4% | £815pcm |
| July 2013 | 1.4% | £796pcm |
| July 2012 | 2.1% | £785pcm |
| July 2011 | 3.8% | £769pcm |
| July 2010 | 7% | £741pcm |
| July 2009 | -6.3% | £692pcm |
| July 2008 | 0.6% | £738pcm |
| July 2007 | 0% | £734pcm |
Sales History
The last recorded sale was on 24th November 2022 for £301,000 and since then the market in the area has increased by 14.5%.
CO4 5LE has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2022£301,000 | 3 Bed House48, Mill Road, Colchester, CO4 5LE48, Mill Road, Colchester, CO4 5LE
- Sold Feb 2022£375,000 | 3 Bed House43C, Mill Road, Colchester, CO4 5LE43C, Mill Road, Colchester, CO4 5LE
- Sold Dec 2018£325,000 | 4 Bed House43A, Mill Road, Colchester, CO4 5LE43A, Mill Road, Colchester, CO4 5LE
Nearby Postcodes
CO4 5LE is the 464th largest and the 591st most expensive postcode out of the 1,130 postcodes in the CO4 area.
- CO4 5LF, Mill Road, Mile End, Colchester, CO4CO4 5LF6 Addresses|76 m away
- CO4 5DW, Cambie Crescent, Colchester, CO4CO4 5DW49 Addresses|129 m away
- CO4 6AB, Tubswick Mews, Colchester, CO4CO4 6AB9 Addresses|142 m away
- CO4 5FF, Tranter Drive, Colchester, CO4CO4 5FF15 Addresses|157 m away
- CO4 5LH, Raven Way, Colchester, CO4CO4 5LH25 Addresses|206 m away
Property Types
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 4 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- modern house (2)
- mid-century house (2)
- house (2)
- early-century house (4)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jan 2025£607,000 | 5 Bed House352, Mill Road, Colchester, CO4 5JF352, Mill Road, Colchester, CO4 5JF
- Sold Aug 2024£530,000 | 5 Bed House335, Mill Road, Colchester, CO4 5GQ335, Mill Road, Colchester, CO4 5GQ
- Sold Mar 2025£515,000 | 5 Bed House310, Mill Road, Colchester, CO4 5JQ310, Mill Road, Colchester, CO4 5JQ
Schools Nearby
- Myland Community Primary School200 m away
- Queen Boudica Primary School700 m away
- Camulos Academy900 m away
- The Trinity School1.5 km away
- The Gilberd School1.5 km away
- St Helena School2.0 km away
More reading links
Public Transport Nearby
The closest station to CO4 5LE is Colchester station, which is 1.3 kilometres away.
- Colchester|1.3 km away
- Colchester Town|2.9 km away
- Hythe (Essex)|3.7 km away
- Wivenhoe|7.5 km away
