CO15 1LU is a residential postcode situated on Nelson Road, Clacton-On-Sea, CO15 with 29 addresses.
It ranks as the 975th largest and 1079th most expensive of the 1,254 postcodes in the CO15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 29 properties: 20 houses and 9 flats.
CO15 1LU is a residential postcode situated on Nelson Road, Clacton-On-Sea, CO15 with 29 addresses.
It ranks as the 975th largest and 1079th most expensive of the 1,254 postcodes in the CO15 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 29 properties: 20 houses and 9 flats.
Sale prices range from £144,610 for 3 bedroom leasehold flats (1,140 ft2) to £437,800 for 5 bedroom freehold houses with a garden (2,077 ft2) .
Monthly rental prices range from £787 pcm for 3 bed flats to £2,057 pcm for 5 bed houses.
The gross rental yield is between 5.5% and 7.1%.
The average value per square foot is £238.
The last sale in CO15 1LU sold for £325,000 on 10th October 2024. Since then prices are down an average of 0.1%.
The current average value in the postcode is £291,155.
The CO15 1LU Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.1% | £291,155 |
| April 2025 | -1.4% | £290,782 |
| April 2024 | -5% | £295,053 |
| April 2023 | 1.2% | £310,440 |
| April 2022 | 11.8% | £306,791 |
| April 2021 | 5.2% | £274,395 |
| April 2020 | -0.3% | £260,765 |
| April 2019 | 0.2% | £261,486 |
| April 2018 | 5.9% | £261,019 |
| April 2017 | 11.9% | £246,371 |
| April 2016 | 7.2% | £220,178 |
| April 2015 | 5.6% | £205,408 |
| April 2014 | 5.2% | £194,464 |
| April 2013 | 0.8% | £184,918 |
| April 2012 | -0.7% | £183,464 |
| April 2011 | -1.6% | £184,808 |
| April 2010 | 1.7% | £187,741 |
| April 2009 | -13.6% | £184,552 |
| April 2008 | -1% | £213,624 |
| April 2007 | 0% | £215,884 |
The current average rental value in the postcode is £1,381.
The CO15 1LU Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,381pcm |
| April 2025 | 6.6% | £1,349pcm |
| April 2024 | 6.8% | £1,266pcm |
| April 2023 | 5.8% | £1,185pcm |
| April 2022 | 7.8% | £1,120pcm |
| April 2021 | 5.6% | £1,038pcm |
| April 2020 | 3% | £983pcm |
| April 2019 | 1.5% | £955pcm |
| April 2018 | 1.2% | £941pcm |
| April 2017 | 3.5% | £930pcm |
| April 2016 | 2.4% | £899pcm |
| April 2015 | 3.3% | £878pcm |
| April 2014 | 1.4% | £850pcm |
| April 2013 | 1.3% | £838pcm |
| April 2012 | 0.8% | £827pcm |
| April 2011 | 2% | £821pcm |
| April 2010 | 4.4% | £805pcm |
| April 2009 | -5.8% | £771pcm |
| April 2008 | 0.6% | £818pcm |
| April 2007 | 0% | £813pcm |
The last sale was on 10th October 2024 for £325,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 35 sales since 1995.
CO15 1LU has seen 2 sales in the last three years and no sales in the last twelve months.
CO15 1LU is the 975th largest and the 1079th most expensive postcode out of the 1,254 postcodes in the CO15 area.
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The closest station to CO15 1LU is Clacton-on-Sea station which is 1.2 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 CO15 1LU, 46.3% of property is privately owned outright and 29.5% is privately rented.
The graph below shows how this compares to East of England 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 CO15 1LU, 7.1% of residents are recorded as possessing school level qualifications and 21.3% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO15 1LU, the average age was 45 and the most common age was 62.
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 CO15 1LU, 1.7% 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 CO15 1LU, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.