According to the public record, 2, The Spennells, Clacton-On-Sea is a modern freehold house and with 839 ft2 of internal area and sits on a 344 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Spennells, Thorpe-Le-Soken, Clacton-On-Sea, CO16 is located in the borough of Tendring within the CO16 postal district.
2, The Spennells, Clacton-On-Sea has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated February 2015.
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 The Spennells Clacton-On-Sea as £302,866 and the rental value as £1,215 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 The Spennells Clacton-On-Sea has decreased by £5,494 (1.8%) and its rental value has increased by £55 per month (4.5%).
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, The Spennells, Clacton-On-Sea is in very good condition we estimate a sale value of £318,010 and rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,666 and a rental value of £1,130 per month.
If you were able to purchase this property for the estimated value of £302,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,488 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, 2, The Spennells, Clacton-On-Sea sits on a plot of 344m2.
We have plot size data on 21 out of 37 other houses in the postcode and 2, The Spennells, Clacton-On-Sea sits on the 13th largest plot.
According to HM Land Registry, 2, The Spennells, Clacton-On-Sea was last sold on 31 Jul 2015 for £214,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 43.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Spennells, Clacton-On-Sea within a radius of 197m over the last 2 years.
The most recent example is 12, Beldams Close, Clacton-On-Sea, CO16 0NT, a Freehold house which sold for £420,000 in Dec 2022.
Read more about house prices in CO16.
The Spennells, Thorpe-Le-Soken, Clacton-On-Sea, CO16 has a total of 37 addresses. According to our analysis of all the public data, 2, The Spennells, Clacton-On-Sea is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in CO16.
2, The Spennells, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 2, The Spennells, Clacton-On-Sea is Thorpe-le-Soken station which is 1.3 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 2, The Spennells, Clacton-On-Sea, 49.1% of property is privately owned with a mortgage and 44.9% 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 2, The Spennells, Clacton-On-Sea, 18.4% of residents are recorded as possessing school level qualifications and 29.6% 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, The Spennells, Clacton-On-Sea, the average age was 47.6 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, The Spennells, Clacton-On-Sea, 1.5% 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, The Spennells, Clacton-On-Sea, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.