CO15 1LP is a residential postcode situated on Marine Parade West, Clacton-On-Sea, CO15 with 6 addresses.
It ranks as the 168th largest and 337th most expensive of the 1,254 postcodes in the CO15 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
CO15 1LP is a residential postcode situated on Marine Parade West, Clacton-On-Sea, CO15 with 6 addresses.
It ranks as the 168th largest and 337th most expensive of the 1,254 postcodes in the CO15 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 6 properties: 6 flats.
Sale prices range from £146,042 for 2 bedroom leasehold flats (516 ft2) to £171,084 for 2 bedroom leasehold flats (710 ft2) .
Monthly rental prices range from £794 pcm for 2 bed flats to £852 pcm for 2 bed flats.
The gross rental yield is between 6.0% and 6.5%.
The average value per square foot is £250.
The last sale in CO15 1LP sold for £180,000 on 19th April 2024. Since then prices are down an average of 1.3%.
The current average value in the postcode is £162,916.
The CO15 1LP Sales Market has increased by 25.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £162,916 |
| April 2025 | -2.4% | £161,144 |
| April 2024 | -4.3% | £165,132 |
| April 2023 | 0.5% | £172,573 |
| April 2022 | 10.6% | £171,798 |
| April 2021 | 3.1% | £155,295 |
| April 2020 | -0.3% | £150,608 |
| April 2019 | -0.5% | £151,110 |
| April 2018 | 5.2% | £151,826 |
| April 2017 | 10.7% | £144,259 |
| April 2016 | 7.1% | £130,343 |
| April 2015 | 5% | £121,694 |
| April 2014 | 3.8% | £115,924 |
| April 2013 | -0.7% | £111,651 |
| April 2012 | -3% | £112,416 |
| April 2011 | -2.3% | £115,903 |
| April 2010 | 0.3% | £118,671 |
| April 2009 | -14.6% | £118,306 |
| April 2008 | -2.2% | £138,485 |
| April 2007 | 0% | £141,669 |
The current average rental value in the postcode is £835.
The CO15 1LP Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £835pcm |
| April 2025 | 5.6% | £807pcm |
| April 2024 | 7.5% | £765pcm |
| April 2023 | 4.9% | £711pcm |
| April 2022 | 6.9% | £678pcm |
| April 2021 | 3.9% | £634pcm |
| April 2020 | 2.5% | £610pcm |
| April 2019 | 0.9% | £596pcm |
| April 2018 | 0.7% | £590pcm |
| April 2017 | 2.1% | £586pcm |
| April 2016 | 2.6% | £574pcm |
| April 2015 | 2.5% | £560pcm |
| April 2014 | 0.4% | £546pcm |
| April 2013 | -0.4% | £544pcm |
| April 2012 | -1.5% | £546pcm |
| April 2011 | 0.8% | £554pcm |
| April 2010 | 2.9% | £550pcm |
| April 2009 | -6.3% | £534pcm |
| April 2008 | -0.5% | £570pcm |
| April 2007 | 0% | £573pcm |
The last sale was on 19th April 2024 for £180,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 11 sales since 1995.
CO15 1LP has seen 1 sale in the last three years and no sales in the last twelve months.
CO15 1LP is the 168th largest and the 337th most expensive postcode out of the 1,254 postcodes in the CO15 area.
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The closest station to CO15 1LP is Clacton-on-Sea station which is 800 metres away.
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