7, Spindle Drive
7, Spindle Drive
Description & Estimates
7, Spindle Drive, Clacton-On-Sea appears in the public record as a freehold house sitting on a 306 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,245 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 7, Spindle Drive, Clacton-On-Sea is £322,860 and its rental estimate is £1,594 per month, given the available information and assuming reasonable condition.
Spindle Drive, Clacton-On-Sea, CO16 falls within the CO16 postal district, in the borough of Tendring.
Our Data Sources
7, Spindle Drive, Clacton-On-Sea has a single entry in the Land Registry from September 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 5 out of 5 and is considered of high 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 7, Spindle Drive, Clacton-On-Sea, we estimate a market value of £339,003 and a rental value of £1,674 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £300,259 and £1,482 per month respectively.
Recent Market Change
Over the last year, 7, Spindle Drive, Clacton-On-Sea has seen its estimated sale value move up by £450 (0.1%) and its estimated rental value increase by £38 per month (2.4%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 7, Spindle Drive, Clacton-On-Sea as measuring 306 m2.
That makes it the largest plot in the postcode, where 15 of the 22 other houses have recorded plot data.
Sold Prices
The most recent sale of 7, Spindle Drive, Clacton-On-Sea completed on 30th September 2022 at £325,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 13.8% over the period since September 2022.
- Sold Sep 2022£325,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Spindle Drive, Clacton-On-Sea have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 18, Spindle Drive, Clacton-On-Sea, CO16 9GX, a freehold house which sold for £330,000.
Read more about house prices in CO16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Spindle Drive, Clacton-On-Sea, CO16, 7, Spindle Drive, Clacton-On-Sea comes out as the largest and the most expensive in our analysis of the public data.
It is also £33k more expensive than the average property across the CO16 district.
More reading links
Schools Nearby
- 1.7kmBurrsville Infant Academy
- 1.8kmEngaines Primary School and Nursery
- 1.8kmGreat Clacton Church of England Junior School
- 2.9kmClacton County High School
- 3.1kmLift Clacton
- 6.3kmLift Tendring
More reading links
Public Transport Nearby
From 7, Spindle Drive, Clacton-On-Sea, the nearest station is Thorpe-le-Soken, 2.8 kilometres away.
- 2.8kmThorpe-le-Soken
- 3.3kmClacton-on-Sea
- 4.0kmKirby Cross
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
