New Town Road - CO16 0LU
Key Postcode Insights
CO16 0LU is a residential postcode situated on New Town Road, Thorpe-Le-Soken, Clacton-On-Sea, CO16 with 5 addresses.
It ranks as the 140th largest and 686th most expensive of the 793 postcodes in the CO16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £447,226
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,760pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £416/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
CO16 0LU is a residential postcode situated on New Town Road, Thorpe-Le-Soken, Clacton-On-Sea, CO16 with 5 addresses.
It ranks as the 140th largest and 686th most expensive of the 793 postcodes in the CO16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £447,226
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,760pcm
- 10 Year change
- up 57.3%
- Ave. £ per ft²
- £416/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin CO16 0LU
- Le Soken Cottage
3 Bed Modern House
- Magpies
4 Bed Mid-century House
- Oak View
3 Bed Modern House
- The Bungalow
3 Bed Early-century House
- The Challenge
Unknown
Sales Market Trends
The last sale in CO16 0LU sold for £545,000 on 8th February 2023. Since then prices are down an average of 7.1%.
The current average value in the postcode is £447,226.
The CO16 0LU Sales Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £447,226 |
| June 2025 | -0.1% | £453,415 |
| June 2024 | -4.8% | £453,880 |
| June 2023 | 0.2% | £476,990 |
| June 2022 | 11.9% | £476,104 |
| June 2021 | 9.6% | £425,413 |
| June 2020 | -0.2% | £388,001 |
| June 2019 | 0% | £388,700 |
| June 2018 | 5.1% | £388,789 |
| June 2017 | 9.9% | £369,818 |
| June 2016 | 10.6% | £336,590 |
| June 2015 | 7.1% | £304,442 |
| June 2014 | 6.2% | £284,342 |
| June 2013 | -0.2% | £267,674 |
| June 2012 | -0.1% | £268,144 |
| June 2011 | -0.4% | £268,352 |
| June 2010 | 6.7% | £269,296 |
| June 2009 | -10.2% | £252,300 |
| June 2008 | -2.4% | £281,064 |
| June 2007 | 0% | £288,110 |
Rental Market Trends
The current average rental value in the postcode is £1,760.
The CO16 0LU Rental Market has increased by 57.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,760pcm |
| June 2025 | 5.6% | £1,724pcm |
| June 2024 | 6.3% | £1,632pcm |
| June 2023 | 6.2% | £1,535pcm |
| June 2022 | 9.3% | £1,447pcm |
| June 2021 | 7.8% | £1,324pcm |
| June 2020 | 2.6% | £1,228pcm |
| June 2019 | 1.4% | £1,196pcm |
| June 2018 | 1.8% | £1,180pcm |
| June 2017 | 3.7% | £1,159pcm |
| June 2016 | 4.3% | £1,118pcm |
| June 2015 | 4.2% | £1,073pcm |
| June 2014 | 1.5% | £1,029pcm |
| June 2013 | 0.9% | £1,014pcm |
| June 2012 | 1.1% | £1,004pcm |
| June 2011 | 3.6% | £993pcm |
| June 2010 | 6.9% | £959pcm |
| June 2009 | -5.3% | £897pcm |
| June 2008 | 1.7% | £947pcm |
| June 2007 | 0% | £932pcm |
Sales History
The last sale was on 8th February 2023 for £545,000 and since then the market in the area has decreased by 7.1%. The postcode has had a total of 6 sales since 1995.
CO16 0LU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£545,000 | 3 Bed HouseOak View, New Town Road, Clacton-On-Sea, CO16 0LUOak View, New Town Road, Clacton-On-Sea, CO16 0LU
- Sold Oct 2020£240,000 | 3 Bed HouseOak View, New Town Road, Clacton-On-Sea, CO16 0LUOak View, New Town Road, Clacton-On-Sea, CO16 0LU
- Sold Jan 2020£330,000 | 4 Bed HouseMagpies, New Town Road, Clacton-On-Sea, CO16 0LUMagpies, New Town Road, Clacton-On-Sea, CO16 0LU
- Sold Sep 2014£125,000 | 3 Bed HouseThe Bungalow, New Town Road, Clacton-On-Sea, CO16 0LUThe Bungalow, New Town Road, Clacton-On-Sea, CO16 0LU
- Sold Jun 2011£275,000 | 4 Bed HouseMagpies, New Town Road, Clacton-On-Sea, CO16 0LUMagpies, New Town Road, Clacton-On-Sea, CO16 0LU
Nearby Postcodes
CO16 0LU is the 140th largest and the 686th most expensive postcode out of the 793 postcodes in the CO16 area.
- CO16 0LS, Argyle Road, Thorpe-Le-Soken, Clacton-On-Sea, CO16CO16 0LS3 Addresses|58 m away
- CO16 0LR, New Thorpe Avenue, Thorpe-Le-Soken, Clacton-On-Sea, CO16CO16 0LR8 Addresses|71 m away
- CO16 0LT, New Town Road, Thorpe-Le-Soken, Clacton-On-Sea, CO16CO16 0LT7 Addresses|101 m away
- CO16 0LP, New Thorpe Avenue, Thorpe-Le-Soken, Clacton-On-Sea, CO16CO16 0LP19 Addresses|147 m away
- CO16 0LX, Kenilworth Grove, Thorpe-Le-Soken, Clacton-On-Sea, CO16CO16 0LX21 Addresses|164 m away
Property Types
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- modern house (2)
- mid-century house (1)
- early-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Apr 2022£565,000 | 3 Bed HouseMeadow View, New Town Road, Clacton-On-Sea, CO16 0LTMeadow View, New Town Road, Clacton-On-Sea, CO16 0LT
- Sold Feb 2023£545,000 | 3 Bed HouseOak View, New Town Road, Clacton-On-Sea, CO16 0LUOak View, New Town Road, Clacton-On-Sea, CO16 0LU
- Sold Mar 2021£530,000 | 5 Bed HouseWhite Thorn Lodge, New Town Road, Clacton-On-Sea, CO16 0ERWhite Thorn Lodge, New Town Road, Clacton-On-Sea, CO16 0ER
Schools Nearby
- Rolph Church of England Primary School and Nursery300 m away
- Weeley St Andrew's CofE Primary School3.5 km away
- Tendring Primary School4.1 km away
- Lift Tendring6.3 km away
- Lift Clacton6.9 km away
- Clacton County High School7.0 km away
More reading links
Public Transport Nearby
The closest station to CO16 0LU is Thorpe-le-Soken station, which is 1.4 kilometres away.
- Thorpe-le-Soken|1.4 km away
- Weeley|3.5 km away
- Kirby Cross|4.0 km away
- Frinton-on-Sea|5.9 km away
