According to the public record, 47, Melbourne Road, Clacton-On-Sea is a early-century freehold house with 1,087 ft2 of internal area and sits on a 199 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melbourne Road, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
47, Melbourne Road, Clacton-On-Sea has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated July 2014.
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 47 Melbourne Road Clacton-On-Sea as £244,019 and the rental value as £1,147 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 47 Melbourne Road Clacton-On-Sea has decreased by £1,097 (0.4%) and its rental value has increased by £56 per month (4.8%).
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 47, Melbourne Road, Clacton-On-Sea is in very good condition we estimate a sale value of £256,220 and rental value of £1,204 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,938 and a rental value of £1,066 per month.
If you were able to purchase this property for the estimated value of £244,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,199 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, 47, Melbourne Road, Clacton-On-Sea sits on a plot of 199m2.
We have plot size data on 26 out of 31 other houses in the postcode and 47, Melbourne Road, Clacton-On-Sea sits on the 13th largest plot.
According to HM Land Registry, 47, Melbourne Road, Clacton-On-Sea was last sold on 11 May 2007 for £130,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Melbourne Road, Clacton-On-Sea within a radius of 490 metres over the last 2 years.
The most recent example is 46, Melbourne Road, Clacton-On-Sea, CO15 3HY, a Freehold house which sold for £270,000 in May 2022.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Clacton-On-Sea, CO15 has a total of 98 addresses. According to our analysis of all the public data, 47, Melbourne Road, Clacton-On-Sea is the 7th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in CO15.
47, Melbourne Road, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2014.
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 47, Melbourne Road, Clacton-On-Sea is Clacton-on-Sea station which is 800 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 47, Melbourne Road, Clacton-On-Sea, 36.1% of property is privately owned with a mortgage and 33.0% is privately owned outright.
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 47, Melbourne Road, Clacton-On-Sea, 28.2% of residents are recorded as possessing school level qualifications and 11.9% 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 47, Melbourne Road, 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 47, Melbourne Road, Clacton-On-Sea, 0.0% 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 47, Melbourne Road, 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.