According to the public record, 168, Wellesley Road, Clacton-On-Sea is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 814 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wellesley Road, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
168, Wellesley Road, Clacton-On-Sea has a single entry in the Land Registry database from October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 168 Wellesley Road Clacton-On-Sea as £211,509 and the rental value as £1,035 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 168 Wellesley Road Clacton-On-Sea has decreased by £555 (0.3%) and its rental value has increased by £53 per month (5.1%).
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 168, Wellesley Road, Clacton-On-Sea is in very good condition we estimate a sale value of £222,085 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,704 and a rental value of £962 per month.
If you were able to purchase this property for the estimated value of £211,509, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,040 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 HM Land Registry, 168, Wellesley Road, Clacton-On-Sea was last sold on 22 Oct 2007 for £137,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 46.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 168, Wellesley Road, Clacton-On-Sea within a radius of 450 metres over the last 2 years.
The most recent example is 4, Olivers Road, Clacton-On-Sea, CO15 3QH, a Freehold house which sold for £235,000 in Dec 2022.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellesley Road, Clacton-On-Sea, CO15 has a total of 301 addresses. According to our analysis of all the public data, 168, Wellesley Road, Clacton-On-Sea is the 124th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in CO15.
The closest station to 168, Wellesley Road, 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 168, Wellesley Road, Clacton-On-Sea, 66.9% of property is privately rented and 18.1% 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 168, Wellesley Road, Clacton-On-Sea, 16.1% of residents are recorded as possessing school level qualifications and 15.6% 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 168, Wellesley Road, 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 168, Wellesley Road, 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 168, Wellesley Road, Clacton-On-Sea, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.