According to the public record, 2 Southcliff Court, Clacton-On-Sea is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Southcliff Court, Holland Road, Clacton-On-Sea, CO15.
Holland Road, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
2 Southcliff Court, Clacton-On-Sea has a single entry in the Land Registry database from September 2022 and a single entry in the EPC database dated May 2022.
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 2 Southcliff Court Clacton-On-Sea as £168,129 and the rental value as £726 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 2 Southcliff Court Clacton-On-Sea has increased by £2,963 (1.8%) and its rental value has increased by £53 per month (7.3%).
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 2 Southcliff Court, Clacton-On-Sea is in very good condition we estimate a sale value of £176,536 and rental value of £762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,360 and a rental value of £675 per month.
If you were able to purchase this property for the estimated value of £168,129, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £826 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, 2 Southcliff Court, Clacton-On-Sea was last sold on 14 Sep 2022 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Southcliff Court, Clacton-On-Sea within a radius of 730 metres over the last 2 years.
The most recent example is 5 Southcliff Court, Holland Road, Clacton-On-Sea, CO15 6HE, a Leasehold flat which sold for £177,000 in Jul 2022.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holland Road, Clacton-On-Sea, CO15 has a total of 374 addresses. According to our analysis of all the public data, 2 Southcliff Court, Clacton-On-Sea is the 251st largest and the 199th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in CO15.
2 Southcliff Court, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2022.
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 2 Southcliff Court, Clacton-On-Sea is Clacton-on-Sea station which is 1.1 kilometres 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 2 Southcliff Court, Clacton-On-Sea, 66.4% of property is privately owned outright and 23.5% 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 2 Southcliff Court, Clacton-On-Sea, 9.4% of residents are recorded as possessing school level qualifications and 18.6% 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 2 Southcliff Court, 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 2 Southcliff Court, Clacton-On-Sea, 0.6% 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 2 Southcliff Court, Clacton-On-Sea, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.