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Postcode Overview
of CO1 2LE
CO1 2LE is a residential postcode located on Magdalen Street, Colchester, CO1. It is the 178th largest postcode in the CO1 area.
It contains 3 residential addresses consisting of 2 houses and 1 flat and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in CO1 2LE
The average house value is £171,517. Sales values have decreased in the last 12 months by 0.7% and Rental values have increased by 8.2%.
Property sale values range from £156,118 for a leasehold flat, with 2 bedrooms split across 705 square feet of gross internal area and has no outside space to £237,843 for a freehold house, with 3 bedrooms split across 818 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO1 2LE is £291/ft2.
Properties achieve a rental yield of between 6.1% and 7%, and rental values range from £891 to £1,203 per month.
Recent sales
within CO1 2LE
The last sale was 19 Aug 2022 for £244,000 and since then the market in the area as increased by -3%. The postcode has had a total of 4 sales since 1995.
CO1 2LE has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to CO1 2LE
CO1 2LE is the 178th largest and the 244th most expensive postcode out of the 1,454 postcodes in the CO1 area.
Property types
in CO1 2LE
CO1 2LE is a residential postcode located on Magdalen Street, Colchester, CO1 with 2 houses and 1 flat within its bounds.
The most common property type in CO1 2LE is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within CO1 2LE
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to CO1 2LE
Public transport nearby
to CO1 2LE
The closest station to CO1 2LE is Colchester Town station which is 500 m away.
