According to the public record, 24, Lancaster Gardens East, Clacton-On-Sea is a modern freehold house with 2,195 ft2 of internal area and sits on a 469 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lancaster Gardens East, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
24, Lancaster Gardens East, Clacton-On-Sea has 31 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated July 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 24 Lancaster Gardens East Clacton-On-Sea as £609,500 and the rental value as £1,955 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 24 Lancaster Gardens East Clacton-On-Sea has decreased by £9,278 (1.5%) and its rental value has increased by £74 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 24, Lancaster Gardens East, Clacton-On-Sea is in very good condition we estimate a sale value of £639,975 and rental value of £2,053 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £566,835 and a rental value of £1,818 per month.
If you were able to purchase this property for the estimated value of £609,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,996 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, 24, Lancaster Gardens East, Clacton-On-Sea sits on a plot of 469m2.
We have plot size data on 12 out of 13 other houses in the postcode and 24, Lancaster Gardens East, Clacton-On-Sea sits on the 11th largest plot.
According to HM Land Registry, 24, Lancaster Gardens East, Clacton-On-Sea was last sold on 07 Jul 2017 for £400,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Lancaster Gardens East, Clacton-On-Sea within a radius of 680 metres over the last 2 years.
The most recent example is 20, Lancaster Gardens East, Clacton-On-Sea, CO15 6QL, a Freehold house which sold for £625,000 in Jun 2023.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Gardens East, Clacton-On-Sea, CO15 has a total of 20 addresses. According to our analysis of all the public data, 24, Lancaster Gardens East, Clacton-On-Sea is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £375k more expensive than the average property in CO15.
24, Lancaster Gardens East, Clacton-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 24, Lancaster Gardens East, Clacton-On-Sea is Clacton-on-Sea station which is 900 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 24, Lancaster Gardens East, Clacton-On-Sea, 51.6% of property is privately owned outright and 23.9% 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 24, Lancaster Gardens East, Clacton-On-Sea, 9.1% of residents are recorded as possessing school level qualifications and 26.3% 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 24, Lancaster Gardens East, 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 24, Lancaster Gardens East, 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 24, Lancaster Gardens East, Clacton-On-Sea, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.