2, Olivers Close
2, Olivers Close
Description & Estimates
2, Olivers Close, Clacton-On-Sea is recorded publicly as an early-century freehold house across 688 ft2 of internal area, sitting on a 368 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Olivers Close, Clacton-On-Sea is £207,264 and its rental estimate is £1,194 per month, given the available information and assuming reasonable condition.
Olivers Close, Clacton-On-Sea, CO15 falls within the CO15 postal district, in the borough of Tendring.
Our Data Sources
2, Olivers Close, Clacton-On-Sea has 31 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Olivers Close, Clacton-On-Sea, we estimate a market value of £217,627 and a rental value of £1,253 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,755 and £1,110 per month respectively.
Recent Market Change
Over the last year, 2, Olivers Close, Clacton-On-Sea has seen its estimated sale value climb by £296 (0.1%) and its estimated rental value rise by £27 per month (2.3%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 2, Olivers Close, Clacton-On-Sea as measuring 368 m2.
That makes it the 2nd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
2, Olivers Close, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 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 2, Olivers Close, Clacton-On-Sea completed on 6th August 2015 at £157,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 91.9% over the period since August 2015.
- Sold Aug 2015£157,500
- Sold Jun 2010£117,000
- Sold Oct 1999£64,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Olivers Close, Clacton-On-Sea have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th August 2023, was 30, London Road, Clacton-On-Sea, CO15 3SN, a freehold house which sold for £210,000.
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 32 addresses on Olivers Close, Clacton-On-Sea, CO15, 2, Olivers Close, Clacton-On-Sea comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the CO15 district.
More reading links
Schools Nearby
- 400mWhite Hall Academy and Nursery
- 1.1kmAlton Park Junior School
- 1.1kmOakwood Infant and Nursery School
- 700mLift Clacton
- 700mClacton County High School
- 8.5kmLift Tendring
More reading links
Public Transport Nearby
From 2, Olivers Close, Clacton-On-Sea, the nearest station is Clacton-on-Sea, 500 metres away.
- 500mClacton-on-Sea
- 5.6kmThorpe-le-Soken
- 6.5kmKirby 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.
