According to the public record, 23, Kings Parade, Clacton-On-Sea is a mid-century freehold house with 1,722 ft2 of internal area and sits on a 562 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Kings Parade, Holland-On-Sea, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
23, Kings Parade, Clacton-On-Sea has 3 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated November 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 23 Kings Parade Clacton-On-Sea as £504,117 and the rental value as £1,617 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 23 Kings Parade Clacton-On-Sea has decreased by £7,843 (1.6%) and its rental value has increased by £61 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 23, Kings Parade, Clacton-On-Sea is in very good condition we estimate a sale value of £529,323 and rental value of £1,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £468,829 and a rental value of £1,504 per month.
If you were able to purchase this property for the estimated value of £504,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,478 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, 23, Kings Parade, Clacton-On-Sea sits on a plot of 562m2.
We have plot size data on 11 out of 13 other houses in the postcode and 23, Kings Parade, Clacton-On-Sea sits on the 4th largest plot.
According to HM Land Registry, 23, Kings Parade, Clacton-On-Sea was last sold on 15 Sep 2022 for £535,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Kings Parade, Clacton-On-Sea within a radius of 830 metres over the last 2 years.
The most recent example is 37, Kings Parade, Clacton-On-Sea, CO15 5JB, a Freehold house which sold for £472,500 in Sep 2021.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Parade, Holland-On-Sea, Clacton-On-Sea, CO15 has a total of 158 addresses. According to our analysis of all the public data, 23, Kings Parade, Clacton-On-Sea is the 14th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £270k more expensive than the average property in CO15.
23, Kings Parade, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2015.
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 23, Kings Parade, Clacton-On-Sea is Clacton-on-Sea station which is 2.0 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 23, Kings Parade, Clacton-On-Sea, 56.3% of property is privately owned outright and 29.6% is privately rented.
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 23, Kings Parade, Clacton-On-Sea, 10.2% of residents are recorded as possessing school level qualifications and 20.4% 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 23, Kings Parade, Clacton-On-Sea, the average age was 56.2 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 23, Kings Parade, Clacton-On-Sea, 1.6% 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 23, Kings Parade, Clacton-On-Sea, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.