According to the public record, 7, Byng Crescent, Clacton-On-Sea is a mid-century freehold house and with 1,108 ft2 of internal area and sits on a 233 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Byng Crescent, Thorpe-Le-Soken, Clacton-On-Sea, CO16 is located in the borough of Tendring within the CO16 postal district.
7, Byng Crescent, Clacton-On-Sea has a single entry in the Land Registry database from January 2018 and a single entry in the EPC database dated October 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 7 Byng Crescent Clacton-On-Sea as £281,531 and the rental value as £1,243 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Byng Crescent Clacton-On-Sea has decreased by £4,856 (1.7%) and its rental value has increased by £60 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 7, Byng Crescent, Clacton-On-Sea is in very good condition we estimate a sale value of £295,607 and rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,824 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £281,531, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,384 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, 7, Byng Crescent, Clacton-On-Sea sits on a plot of 233m2.
We have plot size data on 15 out of 23 other houses in the postcode and 7, Byng Crescent, Clacton-On-Sea sits on the 9th largest plot.
According to HM Land Registry, 7, Byng Crescent, Clacton-On-Sea was last sold on 19 Jan 2018 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Byng Crescent, Clacton-On-Sea within a radius of 111m over the last 2 years.
The most recent example is 13, Byng Crescent, Clacton-On-Sea, CO16 0JB, a Freehold house which sold for £249,995 in Mar 2020.
Read more about house prices in CO16.
Byng Crescent, Thorpe-Le-Soken, Clacton-On-Sea, CO16 has a total of 62 addresses. According to our analysis of all the public data, 7, Byng Crescent, Clacton-On-Sea is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in CO16.
7, Byng Crescent, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Oct 2017.
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 7, Byng Crescent, Clacton-On-Sea is Thorpe-le-Soken station which is 1.3 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 7, Byng Crescent, Clacton-On-Sea, 34.5% of property is privately owned with a mortgage and 29.7% is socially 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 7, Byng Crescent, Clacton-On-Sea, 18.2% of residents are recorded as possessing school level qualifications and 19.9% 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 7, Byng Crescent, 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 7, Byng Crescent, 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 7, Byng Crescent, 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.