CO16 8YJ is a residential postcode located on Munnings Drive, Clacton-On-Sea, CO16. It is the 588th largest postcode in the CO16 area.
It contains 23 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £249,369. 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 £220,113 for a freehold house, with 2 bedrooms split across 635 square feet of gross internal area and has a garden to £326,599 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 8YJ is £336/ft2.
Properties achieve a rental yield of between 5.1% and 5.5%, and rental values range from £1,005 to £1,392 per month.
The last sale was 30 Nov 2023 for £265,000 and since then the market in the area as increased by 1.2%. The postcode has had a total of 4 sales since 1995.
CO16 8YJ has seen 2 sales in the last three years and 1 sale in the last twelve months.
CO16 8YJ is the 588th largest and the 246th most expensive postcode out of the 782 postcodes in the CO16 area.
CO16 8YJ is a residential postcode located on Munnings Drive, Clacton-On-Sea, CO16 with 23 houses within its bounds.
The most common property type in CO16 8YJ 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 No EPC.
The closest station to CO16 8YJ is Clacton-on-Sea station which is 1.5 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 8YJ, 52.3% of property is privately owned outright and 33.6% 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 8YJ, 14.0% of residents are recorded as possessing school level qualifications and 21.9% 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 8YJ, 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 8YJ, 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 8YJ, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.