CO16 8DR is a residential postcode located on Woodrows Lane, Clacton-On-Sea, CO16. It is the 258th largest postcode in the CO16 area.
It contains 8 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £266,892. Sales values have decreased in the last 12 months by 0.4% and Rental values have increased by 4.6%.
Property sale values range from £224,771 for a freehold house, with 3 bedrooms split across 689 square feet of gross internal area and has a garden to £296,158 for a freehold house, with 3 bedrooms split across 1,184 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO16 8DR is £278/ft2.
Properties achieve a rental yield of between 5.3% and 5.8%, and rental values range from £1,088 to £1,316 per month.
The last sale was 03 May 2022 for £240,000 and since then the market in the area as increased by -7.3%. The postcode has had a total of 4 sales since 1995.
CO16 8DR has seen 1 sale in the last three years and no sales in the last twelve months.
CO16 8DR is the 258th largest and the 325th most expensive postcode out of the 782 postcodes in the CO16 area.
CO16 8DR is a residential postcode located on Woodrows Lane, Clacton-On-Sea, CO16 with 8 houses within its bounds.
The most common property type in CO16 8DR is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to CO16 8DR is Clacton-on-Sea station which is 2.0 km 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 CO16 8DR, 60.6% of property is privately owned outright and 23.2% 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 CO16 8DR, 5.1% of residents are recorded as possessing school level qualifications and 12.8% 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 CO16 8DR, the average age was 44.4 and the most common age was 72.
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 CO16 8DR, 1.7% 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 CO16 8DR, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.