CO15 1LW is a residential postcode located on Freeland Road, Clacton-On-Sea, CO15. It is the 624th largest postcode in the CO15 area.
It contains 15 residential addresses consisting of 4 houses, 6 flats and 5 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £143,322. Sales values have increased in the last 12 months by 1.5% and Rental values have increased by 6.9%.
Property sale values range from £103,723 for a leasehold flat, with 2 bedrooms split across 527 square feet of gross internal area and has no outside space to £385,107 for a freehold house, with 4 bedrooms split across 1,647 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO15 1LW is £212/ft2.
Properties achieve a rental yield of between 4.3% and 7.3%, and rental values range from £627 to £1,393 per month.
The last sale was 26 Nov 2015 for £47,000 and since then the market in the area has increased by 39.3%. The postcode has had a total of 4 sales since 1995.
CO15 1LW has seen no sales in the last three years and no sales in the last twelve months.
CO15 1LW is the 624th largest and the 257th most expensive postcode out of the 1,278 postcodes in the CO15 area.
CO15 1LW is the 624th largest and the 257th most expensive postcode out of the 1,278 postcodes in the CO15 area.
CO15 1LW is a residential postcode located on Freeland Road, Clacton-On-Sea, CO15 with 4 houses, 6 flats and 5 unknown within its bounds.
The most common property type in CO15 1LW is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to CO15 1LW is Clacton-on-Sea station which is 1.0 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 CO15 1LW, 60.5% of property is privately owned outright and 18.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 CO15 1LW, 14.4% of residents are recorded as possessing school level qualifications and 18.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around CO15 1LW, the average age was 45 and the most common age was 62.
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 CO15 1LW, 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 CO15 1LW, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.