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According to the public record, 54, Gorse Way, Clacton-On-Sea is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 54, Gorse Way, Clacton-On-Sea is £60,282 and the estimated rental value is £465 per month.
Gorse Way, Jaywick, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
54, Gorse Way, Clacton-On-Sea has a single entry in the Land Registry from April 2011 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 54, Gorse Way, Clacton-On-Sea is in very good condition we estimate a sale value of £63,296 and a rental value of £488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,063 and a rental value of £432 per month.
Over the last 12 months the sale value of 54 Gorse Way Clacton-On-Sea has increased by an estimated £1,046 (1.7%) and its rental value has increased by an estimated £18 per month (3.8%), giving an expected gross yield of 9.3%.
According to HM Land Registry, 54, Gorse Way, Clacton-On-Sea was last sold on 7th April 2011 for £25,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2011, the market for similar properties has risen 60.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 820 metres radius of 54, Gorse Way, Clacton-On-Sea over the last 2 years.
The most recent example is 46, Gorse Way, Clacton-On-Sea, CO15 2HT, a freehold house which sold for £185,000 on the 24th September 2021.
Read more about house prices in CO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorse Way, Jaywick, Clacton-On-Sea, CO15 has a total of 71 addresses. According to our analysis of all the public data, 54, Gorse Way, Clacton-On-Sea is the 65th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in CO15.
The closest station to 54, Gorse Way, Clacton-On-Sea is Clacton-on-Sea station which is 3.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 54, Gorse Way, Clacton-On-Sea, 62.1% of property is privately rented and 31.0% is privately owned outright.
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 54, Gorse Way, Clacton-On-Sea, 8.1% of residents are recorded as possessing school level qualifications and 16.8% 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 54, Gorse Way, 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 54, Gorse Way, Clacton-On-Sea, 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 54, Gorse Way, Clacton-On-Sea, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.