According to the public record, 26, Merstham Drive, Clacton-On-Sea is a mid-century freehold house with 430 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Merstham Drive, Clacton-On-Sea, CO16 is located in the borough of Tendring within the CO16 postal district.
26, Merstham Drive, Clacton-On-Sea has 61 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated March 2020.
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 26 Merstham Drive Clacton-On-Sea as £162,151 and the rental value as £801 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 26 Merstham Drive Clacton-On-Sea has decreased by £21 (0.0%) and its rental value has increased by £41 per month (5.1%).
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 26, Merstham Drive, Clacton-On-Sea is in very good condition we estimate a sale value of £170,259 and rental value of £842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,801 and a rental value of £745 per month.
If you were able to purchase this property for the estimated value of £162,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £797 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, 26, Merstham Drive, Clacton-On-Sea sits on a plot of 209m2.
We have plot size data on 39 out of 51 other houses in the postcode and 26, Merstham Drive, Clacton-On-Sea sits on the 9th largest plot.
According to HM Land Registry, 26, Merstham Drive, Clacton-On-Sea was last sold on 29 Apr 2022 for £143,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Merstham Drive, Clacton-On-Sea within a radius of 640 metres over the last 2 years.
The most recent example is 23, Merstham Drive, Clacton-On-Sea, CO16 8FW, a Freehold house which sold for £128,000 in Nov 2019.
Read more about house prices in CO16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merstham Drive, Clacton-On-Sea, CO16 has a total of 57 addresses. According to our analysis of all the public data, 26, Merstham Drive, Clacton-On-Sea is the 49th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in CO16.
26, Merstham Drive, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2020.
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 26, Merstham Drive, 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 26, Merstham Drive, Clacton-On-Sea, 34.8% of property is privately rented and 33.3% 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 26, Merstham Drive, Clacton-On-Sea, 19.7% of residents are recorded as possessing school level qualifications and 16.7% 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 26, Merstham Drive, Clacton-On-Sea, the average age was 44.4 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 26, Merstham Drive, 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 26, Merstham Drive, 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.