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Postcode Overview
of CO16 8EG
CO16 8EG is a residential postcode located on Burrows Close, Clacton-On-Sea, CO16. It is the 477th largest postcode in the CO16 area.
It contains 16 houses and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in CO16 8EG
The average house value is £225,157. 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 £196,435 for a freehold house, with 2 bedrooms split across 570 square feet of gross internal area and has a garden to £289,714 for a freehold house, with 3 bedrooms split across 1,173 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO16 8EG is £314/ft2.
Properties achieve a rental yield of between 5.4% and 5.8%, and rental values range from £955 to £1,300 per month.
Recent sales
within CO16 8EG
The last sale was 17 May 2022 for £260,000 and since then the market in the area as increased by -7.5%. The postcode has had a total of 4 sales since 1995.
CO16 8EG has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to CO16 8EG
CO16 8EG is the 477th largest and the 173rd most expensive postcode out of the 782 postcodes in the CO16 area.
Property types
in CO16 8EG
CO16 8EG is a residential postcode located on Burrows Close, Clacton-On-Sea, CO16 with 16 houses within its bounds.
The most common property type in CO16 8EG is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within CO16 8EG
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to CO16 8EG
Public transport nearby
to CO16 8EG
The closest station to CO16 8EG is Clacton-on-Sea station which is 1.6 km away.
