CO16 0LR is a residential postcode situated on New Thorpe Avenue, Thorpe-Le-Soken, Clacton-On-Sea, CO16 with 8 addresses.
It ranks as the 240th largest and 696th most expensive of the 793 postcodes in the CO16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
CO16 0LR is a residential postcode situated on New Thorpe Avenue, Thorpe-Le-Soken, Clacton-On-Sea, CO16 with 8 addresses.
It ranks as the 240th largest and 696th most expensive of the 793 postcodes in the CO16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
Sale prices range from £343,398 for 3 bedroom freehold houses with a garden (882 ft2) to £581,229 for 4 bedroom freehold houses with a garden (1,797 ft2) .
Monthly rental prices range from £1,485 pcm for 3 bed houses to £2,224 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 5.2%.
The average value per square foot is £367.
The last sale in CO16 0LR sold for £485,000 on 17th October 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £472,844.
The CO16 0LR Sales Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £472,844 |
| April 2025 | 0.1% | £471,834 |
| April 2024 | -5.6% | £471,553 |
| April 2023 | 3% | £499,397 |
| April 2022 | 12% | £484,938 |
| April 2021 | 7.9% | £433,147 |
| April 2020 | -0.2% | £401,361 |
| April 2019 | -0.3% | £401,968 |
| April 2018 | 6.3% | £403,123 |
| April 2017 | 11.3% | £379,354 |
| April 2016 | 9.8% | £340,936 |
| April 2015 | 6.3% | £310,418 |
| April 2014 | 6.7% | £291,983 |
| April 2013 | 1.3% | £273,634 |
| April 2012 | -0.6% | £270,154 |
| April 2011 | -0.3% | £271,719 |
| April 2010 | 4.2% | £272,502 |
| April 2009 | -11.3% | £261,640 |
| April 2008 | 0.1% | £294,837 |
| April 2007 | 0% | £294,660 |
The current average rental value in the postcode is £1,894.
The CO16 0LR Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,894pcm |
| April 2025 | 6.1% | £1,844pcm |
| April 2024 | 5.8% | £1,738pcm |
| April 2023 | 7.4% | £1,642pcm |
| April 2022 | 8.9% | £1,530pcm |
| April 2021 | 7% | £1,405pcm |
| April 2020 | 2.8% | £1,313pcm |
| April 2019 | 1.2% | £1,278pcm |
| April 2018 | 1.7% | £1,262pcm |
| April 2017 | 3.9% | £1,241pcm |
| April 2016 | 4.3% | £1,195pcm |
| April 2015 | 4.1% | £1,145pcm |
| April 2014 | 2% | £1,100pcm |
| April 2013 | 3.6% | £1,079pcm |
| April 2012 | 1.1% | £1,041pcm |
| April 2011 | 3.7% | £1,030pcm |
| April 2010 | 3.9% | £994pcm |
| April 2009 | -5.7% | £957pcm |
| April 2008 | 2.4% | £1,015pcm |
| April 2007 | 0% | £991pcm |
The last sale was on 17th October 2025 for £485,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 12 sales since 1995.
CO16 0LR has seen 2 sales in the last three years and 1 sale in the last twelve months.
CO16 0LR is the 240th largest and the 696th most expensive postcode out of the 793 postcodes in the CO16 area.
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The closest station to CO16 0LR is Thorpe-le-Soken station which is 1.4 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 CO16 0LR, 67.5% of property is privately owned outright and 28.5% is privately owned with a mortgage.
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 CO16 0LR, 14.4% of residents are recorded as possessing school level qualifications and 33.5% 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 CO16 0LR, the average age was 47.6 and the most common age was 72.
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 CO16 0LR, 2.7% 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 CO16 0LR, 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.