According to the public record, 29, Caterham Close, Clacton-On-Sea is a mid-century apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Caterham Close, Clacton-On-Sea, CO16 is located in the borough of Tendring within the CO16 postal district.
29, Caterham Close, Clacton-On-Sea has no recent1 records in the Land Registry database and 2 entries in the EPC database, most recently in October 2021.
We combine this information with public data 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 29 Caterham Close Clacton-On-Sea as £123,120 and the rental value as £649 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 29 Caterham Close Clacton-On-Sea has increased by £1,614 (1.3%) and its rental value has increased by £42 per month (6.5%).
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 29, Caterham Close, Clacton-On-Sea is in very good condition we estimate a sale value of £129,276 and rental value of £681 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,501 and a rental value of £603 per month.
If you were able to purchase this property for the estimated value of £123,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £605 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 HM Land Registry, 29, Caterham Close, Clacton-On-Sea was last sold on 24 Apr 1998 for £26,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Caterham Close, Clacton-On-Sea within a radius of 78m over the last 2 years.
The most recent example is 6, Gerard Road, Clacton-On-Sea, CO16 8FP, a Leasehold flat which sold for £110,000 in Jul 2022.
Read more about house prices in CO16.
Caterham Close, Clacton-On-Sea, CO16 has a total of 19 addresses. According to our analysis of all the public data, 29, Caterham Close, Clacton-On-Sea is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in CO16.
29, Caterham Close, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 29, Caterham Close, Clacton-On-Sea is Clacton-on-Sea station which is 1.9 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 29, Caterham Close, Clacton-On-Sea, 39.5% of property is privately owned with a mortgage and 30.2% 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 29, Caterham Close, Clacton-On-Sea, 17.1% of residents are recorded as possessing school level qualifications and 13.8% 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 29, Caterham Close, 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 29, Caterham Close, Clacton-On-Sea, 0.7% 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 29, Caterham Close, 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.