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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Spring Road, Clacton-On-Sea is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 963 ft2 of internal area and sits on a 74.6 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Spring Road, Clacton-On-Sea is £225,689 and the estimated rental value is £1,340 per month.
Spring Road, St. Osyth, Clacton-On-Sea, CO16 is located in the borough of Tendring within the CO16 postal district.
5, Spring Road, Clacton-On-Sea has 2 entries in the Land Registry , most recently in November 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Spring Road, Clacton-On-Sea is in very good condition we estimate a sale value of £236,974 and a rental value of £1,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,891 and a rental value of £1,247 per month.
Over the last 12 months the sale value of 5 Spring Road Clacton-On-Sea has increased by an estimated £315 (0.1%) and its rental value has increased by an estimated £32 per month (2.4%), giving an expected gross yield of 7.1%.
According to data from HM Land Registry, 5, Spring Road, Clacton-On-Sea sits on a plot of 75m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Spring Road, Clacton-On-Sea sits on the 5th largest plot.
According to HM Land Registry, 5, Spring Road, Clacton-On-Sea was last sold on 24th November 2022 for £224,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has dropped 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Spring Road, Clacton-On-Sea within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 3, Spring Road, Clacton-On-Sea, CO16 8RN, a freehold house which sold for £225,000 on the 5th March 2024.
Read more about house prices in CO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Road, St. Osyth, Clacton-On-Sea, CO16 has a total of 75 addresses. According to our analysis of all the public data, 5, Spring Road, Clacton-On-Sea is the 31st largest and the 54th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in CO16.
The closest station to 5, Spring Road, Clacton-On-Sea is Clacton-on-Sea station which is 5.3 kilometres away.
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 5, Spring Road, Clacton-On-Sea, 41.1% of property is privately owned outright and 32.2% is privately owned with a mortgage.
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 5, Spring Road, Clacton-On-Sea, 10.4% of residents are recorded as possessing school level qualifications and 22.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Spring Road, Clacton-On-Sea, the average age was 51.3 and the most common age was 72.
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 5, Spring Road, Clacton-On-Sea, 0.7% 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 5, Spring Road, Clacton-On-Sea, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
