According to the public record, 24, Springfield Meadows, Clacton-On-Sea is a modern freehold house and with 1,054 ft2 of internal area and sits on a 391 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield Meadows, Little Clacton, Clacton-On-Sea, CO16 is located in the borough of Tendring within the CO16 postal district.
24, Springfield Meadows, Clacton-On-Sea has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated August 2017.
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 Springfield Meadows Clacton-On-Sea as £373,656 and the rental value as £1,328 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 24 Springfield Meadows Clacton-On-Sea has decreased by £3,964 (1.1%) and its rental value has increased by £58 per month (4.4%).
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, Springfield Meadows, Clacton-On-Sea is in very good condition we estimate a sale value of £392,338 and rental value of £1,394 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,500 and a rental value of £1,235 per month.
If you were able to purchase this property for the estimated value of £373,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,836 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, Springfield Meadows, Clacton-On-Sea sits on a plot of 391m2.
We have plot size data on 24 out of 27 other houses in the postcode and 24, Springfield Meadows, Clacton-On-Sea sits on the 4th largest plot.
According to HM Land Registry, 24, Springfield Meadows, Clacton-On-Sea was last sold on 07 Nov 2017 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Springfield Meadows, Clacton-On-Sea within a radius of 30m over the last 2 years.
The most recent example is 28, Springfield Meadows, Clacton-On-Sea, CO16 9EB, a Freehold house which sold for £442,500 in Dec 2022.
Read more about house prices in CO16.
Springfield Meadows, Little Clacton, Clacton-On-Sea, CO16 has a total of 28 addresses. According to our analysis of all the public data, 24, Springfield Meadows, Clacton-On-Sea is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in CO16.
24, Springfield Meadows, Clacton-On-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 24, Springfield Meadows, Clacton-On-Sea is Thorpe-le-Soken station which is 2.2 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 24, Springfield Meadows, Clacton-On-Sea, 54.2% of property is privately owned outright and 35.8% 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, Springfield Meadows, Clacton-On-Sea, 19.8% of residents are recorded as possessing school level qualifications and 20.8% 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, Springfield Meadows, 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 24, Springfield Meadows, Clacton-On-Sea, 1.4% 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, Springfield Meadows, Clacton-On-Sea, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.