Flat 4, 9
Flat 4, 9
Description & Estimates
Flat 4, 9, Colne Road, Clacton-On-Sea is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 9, Colne Road, Clacton-On-Sea is £247,590 and its rental estimate is £1,352 per month, given the available information and assuming reasonable condition.
9, Colne Road is a residential building on Colne Road, Clacton-On-Sea, CO15 and falls within the CO15 postal district and the borough of Tendring.
Our Data Sources
Flat 4, 9, Colne Road, Clacton-On-Sea has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 4, 9, Colne Road, Clacton-On-Sea, we estimate a market value of £259,970 and a rental value of £1,419 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £230,259 and £1,257 per month respectively.
Recent Market Change
Over the last year, Flat 4, 9, Colne Road, Clacton-On-Sea has seen its estimated sale value increase by £3,517 (1.4%) and its estimated rental value grow by £46 per month (3.4%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 4, 9, Colne Road, Clacton-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, 9, Colne Road, Clacton-On-Sea completed on 17th July 2018 at £240,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.6% over the period since July 2018.
- Sold Jul 2018£240,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 4, 9, Colne Road, Clacton-On-Sea has sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2020, was Flat 1, 14-16, Edith Road, Clacton-On-Sea, CO15 1JU, a leasehold flat which sold for £750,000.
Read more about house prices in CO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Colne Road, Clacton-On-Sea, CO15, Flat 4, 9, Colne Road, Clacton-On-Sea comes out as the 11th largest and the 4th most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the CO15 district.
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Schools Nearby
- 900mAlton Park Junior School
- 1.0kmOakwood Infant and Nursery School
- 1.4kmWhite Hall Academy and Nursery
- 1.0kmClacton County High School
- 1.4kmLift Clacton
- 9.0kmLift Tendring
More reading links
Public Transport Nearby
From Flat 4, 9, Colne Road, Clacton-On-Sea, the nearest station is Clacton-on-Sea, 600 metres away.
- 600mClacton-on-Sea
- 6.6kmThorpe-le-Soken
- 7.2kmKirby 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.
