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Postcode Overview
of CO16 8FW
CO16 8FW is a residential postcode located on Merstham Drive, Clacton-On-Sea, CO16. It is the 770th largest postcode in the CO16 area.
It contains 57 residential addresses consisting of 51 houses and 6 flats and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in CO16 8FW
The average house value is £194,840. Sales values have increased in the last 12 months by 0.0% and Rental values have increased by 5.1%.
Property sale values range from £104,578 for a leasehold flat, with 2 bedrooms split across 495 square feet of gross internal area and has no outside space to £318,407 for a freehold house, with 4 bedrooms split across 1,496 square feet of gross internal area and has a garden.
Average £/ft2 for properties in CO16 8FW is £309/ft2.
Properties achieve a rental yield of between 5.3% and 7.3%, and rental values range from £639 to £1,399 per month.
Recent sales
within CO16 8FW
The last sale was 14 Jun 2024 for £187,000 and since then the market in the area as increased by 0.4%. The postcode has had a total of 4 sales since 1995.
CO16 8FW has seen 4 sales in the last three years and 4 sales in the last twelve months.
Nearby postcodes
to CO16 8FW
CO16 8FW is the 770th largest and the 101st most expensive postcode out of the 782 postcodes in the CO16 area.
Property types
in CO16 8FW
CO16 8FW is a residential postcode located on Merstham Drive, Clacton-On-Sea, CO16 with 51 houses and 6 flats within its bounds.
The most common property type in CO16 8FW is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within CO16 8FW
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to CO16 8FW
Public transport nearby
to CO16 8FW
The closest station to CO16 8FW is Clacton-on-Sea station which is 2.0 km away.
