2, Magnus Drive
2, Magnus Drive
Description & Estimates
Public records show 2, Magnus Drive, Colchester to be a modern freehold house with 775 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Magnus Drive, Colchester has an estimated sale value of £307,843 and an estimated rental value of £1,375 per month, assuming reasonable condition and based on the information available.
Magnus Drive, Colchester, CO4 lies in the borough of Colchester, within the CO4 postal district.
Our Data Sources
2, Magnus Drive, Colchester has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Magnus Drive, Colchester would be worth £323,235, with a potential rental value of £1,443 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £286,294, with a rental value of £1,278 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Magnus Drive, Colchester has fallen by £3,615 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £25 (1.8%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
2, Magnus Drive, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Magnus Drive, Colchester last changed hands on 18th December 2020, selling for £280,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 9.1% since December 2020.
- Sold Dec 2020£280,000
- Sold Jul 2017£257,000
- Sold Jun 2002£126,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 2, Magnus Drive, Colchester across the last 2 years.
Most recently, 8, Caracalla Way, Colchester, CO4 9XZ, a freehold house, sold at £297,000 on the 1st July 2025.
Read more about house prices in CO4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Magnus Drive, Colchester as the 10th largest and the 10th most expensive of the 19 addresses on Magnus Drive, Colchester, CO4.
Against the CO4 postcode district average, it is £5k less expensive than the typical property.
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Schools Nearby
- 600mBrinkley Grove Primary School
- 900mCamulos Academy
- 1.1kmHighwoods Community Primary School
- 500mThe Trinity School
- 600mThe Gilberd School
- 3.3kmColchester Academy
More reading links
Public Transport Nearby
Colchester station is the nearest stop to 2, Magnus Drive, Colchester at 2.7 kilometres away.
- 2.7kmColchester
- 3.9kmColchester Town
- 4.0kmHythe (Essex)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
