According to the public record, 1, Lancaster Gardens West, Clacton-On-Sea is a early-century freehold house with 1,593 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lancaster Gardens West, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
1, Lancaster Gardens West, Clacton-On-Sea has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Lancaster Gardens West Clacton-On-Sea as £494,544 and the rental value as £1,544 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 1 Lancaster Gardens West Clacton-On-Sea has decreased by £7,528 (1.5%) and its rental value has increased by £59 per month (3.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Lancaster Gardens West, Clacton-On-Sea is in very good condition we estimate a sale value of £519,271 and rental value of £1,622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £459,926 and a rental value of £1,436 per month.
If you were able to purchase this property for the estimated value of £494,544, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,431 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Lancaster Gardens West, Clacton-On-Sea sits on a plot of 290m2.
We have plot size data on 10 out of 14 other houses in the postcode and 1, Lancaster Gardens West, Clacton-On-Sea sits on the 11th largest plot.
According to HM Land Registry, 1, Lancaster Gardens West, Clacton-On-Sea was last sold on 21 Mar 2022 for £495,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Lancaster Gardens West, Clacton-On-Sea within a radius of 730 metres over the last 2 years.
The most recent example is 25, Lancaster Gardens West, Clacton-On-Sea, CO15 6QG, a Freehold house which sold for £530,000 in Apr 2023.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Gardens West, Clacton-On-Sea, CO15 has a total of 28 addresses. According to our analysis of all the public data, 1, Lancaster Gardens West, Clacton-On-Sea is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £260k more expensive than the average property in CO15.
1, Lancaster Gardens West, Clacton-On-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Lancaster Gardens West, Clacton-On-Sea is Clacton-on-Sea station which is 900 metres 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 1, Lancaster Gardens West, Clacton-On-Sea, 51.6% of property is privately owned outright and 23.9% 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 1, Lancaster Gardens West, Clacton-On-Sea, 9.1% of residents are recorded as possessing school level qualifications and 26.3% 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 1, Lancaster Gardens West, Clacton-On-Sea, the average age was 46.7 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 1, Lancaster Gardens West, Clacton-On-Sea, 1.1% 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 1, Lancaster Gardens West, Clacton-On-Sea, 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.