According to the public record, 5, Watson Road, Clacton-On-Sea is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 670 ft2 of internal area and sits on a 333 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Watson Road, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
5, Watson Road, Clacton-On-Sea has a single entry in the Land Registry database from March 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Watson Road Clacton-On-Sea as £176,185 and the rental value as £887 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Watson Road Clacton-On-Sea has increased by £167 (0.1%) and its rental value has increased by £48 per month (5.5%).
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 5, Watson Road, Clacton-On-Sea is in very good condition we estimate a sale value of £184,995 and rental value of £931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,852 and a rental value of £825 per month.
If you were able to purchase this property for the estimated value of £176,185, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £866 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, 5, Watson Road, Clacton-On-Sea sits on a plot of 333m2.
We have plot size data on 12 out of 23 other houses in the postcode and 5, Watson Road, Clacton-On-Sea sits on the 2nd largest plot.
According to HM Land Registry, 5, Watson Road, Clacton-On-Sea was last sold on 16 Mar 2021 for £133,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Watson Road, Clacton-On-Sea within a radius of 450 metres over the last 2 years.
The most recent example is 64, Warwick Road, Clacton-On-Sea, CO15 3BY, a Freehold house which sold for £200,000 in Jun 2023.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watson Road, Clacton-On-Sea, CO15 has a total of 24 addresses. According to our analysis of all the public data, 5, Watson Road, Clacton-On-Sea is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in CO15.
The closest station to 5, Watson Road, Clacton-On-Sea is Clacton-on-Sea station which is 600 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 5, Watson Road, Clacton-On-Sea, 47.4% of property is privately rented and 27.1% 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 5, Watson Road, Clacton-On-Sea, 26.1% of residents are recorded as possessing school level qualifications and 16.6% 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 5, Watson Road, Clacton-On-Sea, the average age was 45 and the most common age was 62.
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 5, Watson 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 5, Watson Road, Clacton-On-Sea, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.