1, Severn Road
1, Severn Road
Description & Estimates
1, Severn Road, Clacton-On-Sea is recorded publicly as an early-century leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Severn Road, Clacton-On-Sea is £82,297 and its rental estimate is £610 per month, given the available information and assuming reasonable condition.
1, Severn Road is a residential building on Severn Road, Clacton-On-Sea, CO15 and falls within the CO15 postal district and the borough of Tendring.
Our Data Sources
1, Severn Road, Clacton-On-Sea has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Severn Road, Clacton-On-Sea, we estimate a market value of £86,411 and a rental value of £641 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £76,536 and £567 per month respectively.
Recent Market Change
Over the last year, 1, Severn Road, Clacton-On-Sea has seen its estimated sale value rise by £738 (0.9%) and its estimated rental value move up by £19 per month (3.2%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
1, Severn Road, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Severn Road, Clacton-On-Sea completed on 21st October 2022 at £90,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 16.2% over the period since October 2022.
- Sold Oct 2022£90,000
- Sold Mar 2001£46,000
- Sold Sep 1998£31,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Severn Road, Clacton-On-Sea have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2018, was Flat 17, Knox Court, Old Road, Clacton-On-Sea, CO15 3NS, a leasehold flat which sold for £53,000.
Read more about house prices in CO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 71 addresses on Severn Road, Clacton-On-Sea, CO15, 1, Severn Road, Clacton-On-Sea comes out as the 71st largest and the 71st most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the CO15 district.
More reading links
Schools Nearby
- 500mWhite Hall Academy and Nursery
- 800mGreat Clacton Church of England Junior School
- 900mBurrsville Infant Academy
- 700mClacton County High School
- 800mLift Clacton
- 8.2kmLift Tendring
More reading links
Public Transport Nearby
From 1, Severn Road, Clacton-On-Sea, the nearest station is Clacton-on-Sea, 800 metres away.
- 800mClacton-on-Sea
- 5.2kmThorpe-le-Soken
- 6.2kmKirby Cross
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
