According to the public record, 114A, Pier Avenue, Clacton-On-Sea is a mid-century apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Pier Avenue, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
114A, Pier Avenue, Clacton-On-Sea has no records in the Land Registry database and a single entry in the EPC database dated November 2018.
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 114A Pier Avenue Clacton-On-Sea as £104,666 and the rental value as £592 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 114A Pier Avenue Clacton-On-Sea has increased by £1,273 (1.2%) and its rental value has increased by £40 per month (6.7%).
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 114A, Pier Avenue, Clacton-On-Sea is in very good condition we estimate a sale value of £109,899 and rental value of £622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,339 and a rental value of £551 per month.
If you were able to purchase this property for the estimated value of £104,666, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £514 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 114A, Pier Avenue, Clacton-On-Sea within a radius of 430 metres over the last 2 years.
The most recent example is Flat 6, Coleman Court, Station Road, Clacton-On-Sea, CO15 6PY, a Leasehold flat which sold for £121,000 in Nov 2022.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pier Avenue, Clacton-On-Sea, CO15 has a total of 45 addresses. According to our analysis of all the public data, 114A, Pier Avenue, Clacton-On-Sea is the 19th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in CO15.
114A, Pier Avenue, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2018.
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 114A, Pier Avenue, Clacton-On-Sea is Clacton-on-Sea station which is 400 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 114A, Pier Avenue, Clacton-On-Sea, 68.8% of property is privately rented and 17.4% 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 114A, Pier Avenue, Clacton-On-Sea, 14.5% of residents are recorded as possessing school level qualifications and 14.9% 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 114A, Pier Avenue, Clacton-On-Sea, the average age was 42.1 and the most common age was 57.
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 114A, Pier Avenue, Clacton-On-Sea, 0.3% 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 114A, Pier Avenue, Clacton-On-Sea, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.