CO16 8ED is a residential postcode located on Blake Drive, Clacton-On-Sea, CO16. It is the 634th largest postcode in the CO16 area.
It contains 28 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £238,677. Sales values have decreased in the last 12 months by 0.5% and Rental values have increased by 4.6%.
Property sale values range from £196,863 for a freehold house, with 2 bedrooms split across 517 square feet of gross internal area and has a garden to £324,842 for a freehold house, with 4 bedrooms split across 1,216 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO16 8ED is £327/ft2.
Properties achieve a rental yield of between 5.1% and 5.5%, and rental values range from £908 to £1,396 per month.
The last sale was 31 May 2023 for £200,000 and since then the market in the area as increased by -2.2%. The postcode has had a total of 4 sales since 1995.
CO16 8ED has seen 4 sales in the last three years and no sales in the last twelve months.
CO16 8ED is the 634th largest and the 213th most expensive postcode out of the 782 postcodes in the CO16 area.
CO16 8ED is a residential postcode located on Blake Drive, Clacton-On-Sea, CO16 with 28 houses within its bounds.
The most common property type in CO16 8ED 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 D.
The closest station to CO16 8ED is Clacton-on-Sea station which is 1.6 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 8ED, 47.7% of property is privately owned outright and 26.6% 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 8ED, 19.6% of residents are recorded as possessing school level qualifications and 10.1% 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 CO16 8ED, 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 8ED, 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 CO16 8ED, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.