Melton Close - CO16 8XZ
Key Postcode Insights
CO16 8XZ is a residential postcode situated on Melton Close, Clacton-On-Sea, CO16 with 41 addresses.
It ranks as the 745th largest and 61st most expensive of the 793 postcodes in the CO16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 41 properties: 28 houses and 13 flats.
- Ave. Sale Price
- £149,692
- 10 Year change
- up 32.0%
- Ave. Rental Price
- £939pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £218/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
CO16 8XZ is a residential postcode situated on Melton Close, Clacton-On-Sea, CO16 with 41 addresses.
It ranks as the 745th largest and 61st most expensive of the 793 postcodes in the CO16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 41 properties: 28 houses and 13 flats.
- Ave. Sale Price
- £149,692
- 10 Year change
- up 32.0%
- Ave. Rental Price
- £939pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £218/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin CO16 8XZ
- 1 Melton Close
House
- 3 Melton Close
2 Bed Mid-century House
- 5 Melton Close
2 Bed Mid-century Flat
- 7 Melton Close
Flat
- 9 Melton Close
House
Sales Market Trends
The last sale in CO16 8XZ sold for £144,000 on 21st July 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £149,692.
The CO16 8XZ Sales Market has increased by 32.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £149,692 |
| June 2025 | -0.3% | £150,693 |
| June 2024 | -4.6% | £151,155 |
| June 2023 | -3% | £158,497 |
| June 2022 | 13.9% | £163,393 |
| June 2021 | 10% | £143,467 |
| June 2020 | -3.4% | £130,368 |
| June 2019 | 1.3% | £134,936 |
| June 2018 | 6.7% | £133,197 |
| June 2017 | 10.1% | £124,818 |
| June 2016 | 10% | £113,402 |
| June 2015 | 6% | £103,092 |
| June 2014 | 7.3% | £97,271 |
| June 2013 | -0.3% | £90,621 |
| June 2012 | -1.3% | £90,893 |
| June 2011 | -2.6% | £92,048 |
| June 2010 | 3.3% | £94,463 |
| June 2009 | -12.8% | £91,431 |
| June 2008 | -2.9% | £104,862 |
| June 2007 | 0% | £107,985 |
Rental Market Trends
The current average rental value in the postcode is £939.
The CO16 8XZ Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £939pcm |
| June 2025 | 5.6% | £916pcm |
| June 2024 | 7.4% | £867pcm |
| June 2023 | 4.4% | £808pcm |
| June 2022 | 9.3% | £773pcm |
| June 2021 | 7% | £708pcm |
| June 2020 | 2.2% | £661pcm |
| June 2019 | 1.5% | £647pcm |
| June 2018 | 1.5% | £638pcm |
| June 2017 | 4.6% | £628pcm |
| June 2016 | 4.4% | £600pcm |
| June 2015 | 2.4% | £575pcm |
| June 2014 | 2.7% | £562pcm |
| June 2013 | -0.6% | £547pcm |
| June 2012 | -0.1% | £550pcm |
| June 2011 | 1.9% | £551pcm |
| June 2010 | 6.2% | £540pcm |
| June 2009 | -6.5% | £509pcm |
| June 2008 | -0.4% | £544pcm |
| June 2007 | 0% | £546pcm |
Sales History
The last sale was on 21st July 2025 for £144,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 70 sales since 1995.
CO16 8XZ has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£144,000 | 2 Bed House77, Melton Close, Clacton-On-Sea, CO16 8XZ77, Melton Close, Clacton-On-Sea, CO16 8XZ
- Sold Apr 2025£175,000 | 3 Bed House23, Melton Close, Clacton-On-Sea, CO16 8XZ23, Melton Close, Clacton-On-Sea, CO16 8XZ
- Sold Nov 2023£110,500 | 2 Bed House29, Melton Close, Clacton-On-Sea, CO16 8XZ29, Melton Close, Clacton-On-Sea, CO16 8XZ
- Sold Sep 2023£120,000 | 2 Bed Flat71, Melton Close, Clacton-On-Sea, CO16 8XZ71, Melton Close, Clacton-On-Sea, CO16 8XZ
- Sold Mar 2022£150,000 | 2 Bed House57, Melton Close, Clacton-On-Sea, CO16 8XZ57, Melton Close, Clacton-On-Sea, CO16 8XZ
Nearby Postcodes
CO16 8XZ is the 745th largest and the 61st most expensive postcode out of the 793 postcodes in the CO16 area.
- CO16 8XU, Melton Close, Clacton-On-Sea, CO16CO16 8XU1 Addresses|67 m away
- CO16 8BU, Flatford Drive, Clacton-On-Sea, CO16CO16 8BU25 Addresses|89 m away
- CO16 7BA, Bluehouse Avenue, Clacton-On-Sea, CO16CO16 7BA21 Addresses|90 m away
- CO16 8TR, Cavendish Drive, Clacton-On-Sea, CO16CO16 8TR17 Addresses|93 m away
- CO16 7BB, Woodbridge Grove, Clacton-On-Sea, CO16CO16 7BB17 Addresses|98 m away
Property Types
- 1 modern flat built after 1980
- 18 mid-century houses built between 1936 and 1979
- 9 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 11 other addresses of unknown type
- modern flat (1)
- mid-century house (18)
- mid-century flat (9)
- house (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (14)
- G (0)
- D (12)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Apr 2026£207,000 | 3 Bed House2, Melton Close, Clacton-On-Sea, CO16 8XU2, Melton Close, Clacton-On-Sea, CO16 8XU
- Sold Apr 2025£175,000 | 3 Bed House23, Melton Close, Clacton-On-Sea, CO16 8XZ23, Melton Close, Clacton-On-Sea, CO16 8XZ
- Sold Feb 2021£170,000 | 3 Bed House53, Melton Close, Clacton-On-Sea, CO16 8XZ53, Melton Close, Clacton-On-Sea, CO16 8XZ
Schools Nearby
- Ravens Academy300 m away
- St Clare's Catholic Primary School500 m away
- Cann Hall Primary School1.3 km away
- Lift Clacton1.3 km away
- Clacton County High School2.6 km away
- Colne Community School7.4 km away
More reading links
Public Transport Nearby
The closest station to CO16 8XZ is Clacton-on-Sea station, which is 2.2 kilometres away.
- Clacton-on-Sea|2.2 km away
- Thorpe-le-Soken|5.9 km away
- Weeley|5.9 km away
- Great Bentley|7.0 km away