54, Tower Road
54, Tower Road
Description & Estimates
54, Tower Road, Clacton-On-Sea appears in the public record as a Leasehold apartment.
We estimate it to be a mid-century apartment with 752 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 54, Tower Road, Clacton-On-Sea is £133,102 and its rental estimate is £826 per month, given the available information and assuming reasonable condition.
Tower Road, Clacton-On-Sea, CO15 falls within the CO15 postal district, in the borough of Tendring.
Our Data Sources
54, Tower Road, Clacton-On-Sea has 31 entries in the Land Registry , most recently in August 2014 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 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 54, Tower Road, Clacton-On-Sea, we estimate a market value of £139,758 and a rental value of £868 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,785 and £769 per month respectively.
Recent Market Change
Over the last year, 54, Tower Road, Clacton-On-Sea has seen its estimated sale value rise by £1,890 (1.4%) and its estimated rental value move up by £28 per month (3.4%). This results in an estimated gross rental yield of 7.5%.
Sold Prices
The most recent sale of 54, Tower Road, Clacton-On-Sea completed on 28th August 2014 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 42.5% over the period since August 2014.
- Sold Aug 2014£120,000
- Sold Nov 2010£85,000
- Sold Aug 1998£43,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Tower Road, Clacton-On-Sea have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th June 2023, was 43, Alton Road, Clacton-On-Sea, CO15 1LB, a leasehold flat which sold for £175,000.
Read more about house prices in CO15.
- Sold Jun 2023£175,000 | 2 Bed Flat43, Alton Road, Clacton-On-Sea, CO15 1LB43, Alton Road, Clacton-On-Sea, CO15 1LB
- Sold Mar 2023£246,500 | 2 Bed Flat9A, Penfold Road, Clacton-On-Sea, CO15 1JN9A, Penfold Road, Clacton-On-Sea, CO15 1JN
- Sold Mar 2022£204,000 | 2 Bed Flat41, Alton Road, Clacton-On-Sea, CO15 1LB41, Alton Road, Clacton-On-Sea, CO15 1LB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Tower Road, Clacton-On-Sea, CO15, 54, Tower Road, Clacton-On-Sea comes out as the 23rd largest and the 26th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the CO15 district.
More reading links
Schools Nearby
- 600mAlton Park Junior School
- 800mOakwood Infant and Nursery School
- 1.6kmWhite Hall Academy and Nursery
- 1.4kmClacton County High School
- 1.5kmLift Clacton
- 9.4kmLift Tendring
More reading links
Public Transport Nearby
From 54, Tower Road, Clacton-On-Sea, the nearest station is Clacton-on-Sea, 900 metres away.
- 900mClacton-on-Sea
- 6.8kmThorpe-le-Soken
- 7.6kmKirby Cross
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
