According to the public record, 12, Olivers Close, Clacton-On-Sea is a modern freehold house with 1,216 ft2 of internal area and sits on a 360 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Olivers Close, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
12, Olivers Close, Clacton-On-Sea has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated July 2018.
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 12 Olivers Close Clacton-On-Sea as £287,736 and the rental value as £1,284 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 12 Olivers Close Clacton-On-Sea has decreased by £1,638 (0.6%) and its rental value has increased by £62 per month (4.8%).
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 12, Olivers Close, Clacton-On-Sea is in very good condition we estimate a sale value of £302,123 and rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,594 and a rental value of £1,194 per month.
If you were able to purchase this property for the estimated value of £287,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,414 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, 12, Olivers Close, Clacton-On-Sea sits on a plot of 360m2.
We have plot size data on 5 out of 6 other houses in the postcode and 12, Olivers Close, Clacton-On-Sea sits on the 3rd largest plot.
According to HM Land Registry, 12, Olivers Close, Clacton-On-Sea was last sold on 04 Sep 2018 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Olivers Close, Clacton-On-Sea within a radius of 440 metres over the last 2 years.
The most recent example is 9, Berkeley Road, Clacton-On-Sea, CO15 3PF, a Freehold house which sold for £265,000 in Oct 2023.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olivers Close, Clacton-On-Sea, CO15 has a total of 32 addresses. According to our analysis of all the public data, 12, Olivers Close, Clacton-On-Sea is the largest and the most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in CO15.
12, Olivers Close, Clacton-On-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jul 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 12, Olivers Close, Clacton-On-Sea is Clacton-on-Sea station which is 500 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 12, Olivers Close, Clacton-On-Sea, 36.9% of property is privately rented and 24.4% is privately owned outright.
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 12, Olivers Close, Clacton-On-Sea, 16.0% of residents are recorded as possessing school level qualifications and 14.6% 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 12, Olivers Close, Clacton-On-Sea, the average age was 42.1 and the most common age was 57.
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 12, Olivers Close, Clacton-On-Sea, 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 12, Olivers Close, Clacton-On-Sea, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.