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Postcode Overview
of CO16 8BU
CO16 8BU is a residential postcode located on Flatford Drive, Clacton-On-Sea, CO16. It is the 603rd largest postcode in the CO16 area.
It contains 25 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in CO16 8BU
The average house value is £86,547. Sales values have increased in the last 12 months by 1.0% and Rental values have increased by 6.2%.
Property sale values range from £86,547 for a leasehold flat, with 3 bedrooms split across 784 square feet of gross internal area and has no outside space to £120,287 for a leasehold flat, with 2 bedrooms split across 750 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in CO16 8BU is £105/ft2.
Properties achieve a rental yield of between 6.8% and 6.9%, and rental values range from £497 to £682 per month.
Recent sales
within CO16 8BU
The last sale was 21 Jul 2023 for £240,000 and since then the market in the area as increased by 0.7%. The postcode has had a total of 4 sales since 1995.
CO16 8BU has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to CO16 8BU
CO16 8BU is the 603rd largest and the 10th most expensive postcode out of the 782 postcodes in the CO16 area.
Property types
in CO16 8BU
CO16 8BU is a residential postcode located on Flatford Drive, Clacton-On-Sea, CO16 with 25 flats within its bounds.
The most common property type in CO16 8BU is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within CO16 8BU
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to CO16 8BU
Public transport nearby
to CO16 8BU
The closest station to CO16 8BU is Clacton-on-Sea station which is 2.1 km away.
