CO16 8HZ is a residential postcode situated on Omar Avenue, Clacton-On-Sea, CO16 with 25 addresses.
It ranks as the 611th largest and 114th most expensive of the 793 postcodes in the CO16 area.
The postcode contains a total of 25 properties: 25 houses.
CO16 8HZ is a residential postcode situated on Omar Avenue, Clacton-On-Sea, CO16 with 25 addresses.
It ranks as the 611th largest and 114th most expensive of the 793 postcodes in the CO16 area.
The postcode contains a total of 25 properties: 25 houses.
Sale prices range from £191,152 for 2 bedroom freehold houses with a garden (548 ft2) to £205,425 for 2 bedroom freehold houses with a garden (548 ft2) .
Monthly rental prices range from £1,151 pcm for 2 bed houses to £1,189 pcm for 2 bed houses.
The gross rental yield is between 6.9% and 7.2%.
The average value per square foot is £374.
The current average value in the postcode is £202,000.
The CO16 8HZ Sales Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £202,000 |
| April 2025 | 0.1% | £200,690 |
| April 2024 | -6% | £200,517 |
| April 2023 | -0.5% | £213,362 |
| April 2022 | 16.3% | £214,336 |
| April 2021 | 8.9% | £184,225 |
| April 2020 | -3.4% | £169,225 |
| April 2019 | 0.8% | £175,141 |
| April 2018 | 8% | £173,741 |
| April 2017 | 13.4% | £160,932 |
| April 2016 | 11.1% | £141,898 |
| April 2015 | 4.8% | £127,720 |
| April 2014 | 8% | £121,916 |
| April 2013 | -0.5% | £112,913 |
| April 2012 | -0.2% | £113,463 |
| April 2011 | -4.6% | £113,714 |
| April 2010 | 1.8% | £119,158 |
| April 2009 | -12.1% | £117,079 |
| April 2008 | 0.2% | £133,130 |
| April 2007 | 0% | £132,912 |
The current average rental value in the postcode is £1,180.
The CO16 8HZ Rental Market has increased by 65.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,180pcm |
| April 2025 | 8.3% | £1,147pcm |
| April 2024 | 5.5% | £1,059pcm |
| April 2023 | 4.9% | £1,003pcm |
| April 2022 | 11.3% | £956pcm |
| April 2021 | 6.5% | £859pcm |
| April 2020 | 2.6% | £806pcm |
| April 2019 | 1.3% | £786pcm |
| April 2018 | 2.2% | £776pcm |
| April 2017 | 6.3% | £759pcm |
| April 2016 | 4.4% | £714pcm |
| April 2015 | 3.6% | £684pcm |
| April 2014 | 2.5% | £661pcm |
| April 2013 | 0.9% | £645pcm |
| April 2012 | 1% | £639pcm |
| April 2011 | 0.8% | £633pcm |
| April 2010 | 5% | £628pcm |
| April 2009 | -7% | £598pcm |
| April 2008 | 1.2% | £643pcm |
| April 2007 | 0% | £636pcm |
CO16 8HZ is the 611th largest and the 114th most expensive postcode out of the 793 postcodes in the CO16 area.
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The closest station to CO16 8HZ is Clacton-on-Sea station which is 2.6 kilometres away.
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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 8HZ, % of property is and % is .
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 8HZ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 8HZ, 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 CO16 8HZ, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.