CO3 4BP is a residential postcode located on Lexden Grove, Colchester, CO3. It is the 342nd largest postcode in the CO3 area.
It contains 8 houses and 3 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £665,237. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 3.2%.
Property sale values range from £336,527 for a freehold house, with 3 bedrooms split across 947 square feet of gross internal area and has a garden to £866,841 for a freehold house, with 5 bedrooms split across 3,423 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO3 4BP is £317/ft2.
Properties achieve a rental yield of between 4.2% and 5.3%, and rental values range from £1,497 to £3,051 per month.
The last sale was 17 Dec 2020 for £575,000 and since then the market in the area has increased by 9.2%. The postcode has had a total of 4 sales since 1995.
CO3 4BP has seen no sales in the last three years and no sales in the last twelve months.
CO3 4BP is the 342nd largest and the 778th most expensive postcode out of the 837 postcodes in the CO3 area.
CO3 4BP is the 342nd largest and the 778th most expensive postcode out of the 837 postcodes in the CO3 area.
CO3 4BP is a residential postcode located on Lexden Grove, Colchester, CO3 with 8 houses and 3 unknown within its bounds.
The most common property type in CO3 4BP is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to CO3 4BP is Colchester station which is 2.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around CO3 4BP, 53.4% of property is privately owned outright and 32.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around CO3 4BP, 23.8% of residents are recorded as possessing school level qualifications and 42.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO3 4BP, the average age was 43.4 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around CO3 4BP, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around CO3 4BP, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.