According to the public record, 8, Banister Close, Clacton-On-Sea is a mid-century freehold house and with 936 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Banister Close, Clacton-On-Sea, CO16 is located in the borough of Tendring within the CO16 postal district.
8, Banister Close, Clacton-On-Sea has 3 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated January 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 8 Banister Close Clacton-On-Sea as £226,808 and the rental value as £1,106 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 8 Banister Close Clacton-On-Sea has decreased by £773 (0.3%) and its rental value has increased by £52 per month (4.7%).
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 8, Banister Close, Clacton-On-Sea is in very good condition we estimate a sale value of £238,148 and rental value of £1,161 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,931 and a rental value of £1,028 per month.
If you were able to purchase this property for the estimated value of £226,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,115 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, 8, Banister Close, Clacton-On-Sea sits on a plot of 363m2.
We have plot size data on 7 out of 9 other houses in the postcode and 8, Banister Close, Clacton-On-Sea sits on the 2nd largest plot.
According to HM Land Registry, 8, Banister Close, Clacton-On-Sea was last sold on 16 Jul 2020 for £212,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2020, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Banister Close, Clacton-On-Sea within a radius of 79m over the last 2 years.
The most recent example is 10, Banister Close, Clacton-On-Sea, CO16 8XD, a Freehold house which sold for £230,000 in May 2022.
Read more about house prices in CO16.
Banister Close, Clacton-On-Sea, CO16 has a total of 9 addresses. According to our analysis of all the public data, 8, Banister Close, Clacton-On-Sea is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in CO16.
8, Banister Close, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2017.
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 8, Banister Close, Clacton-On-Sea is Clacton-on-Sea station which is 1.6 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 8, Banister Close, Clacton-On-Sea, 46.1% of property is privately owned outright and 31.5% 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 8, Banister Close, Clacton-On-Sea, 15.2% of residents are recorded as possessing school level qualifications and 17.2% 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 8, Banister Close, Clacton-On-Sea, the average age was 41.9 and the most common age was 7.
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 8, Banister Close, Clacton-On-Sea, 1.5% 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 8, Banister Close, Clacton-On-Sea, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.