According to the public record, 38A, Preston Road, Clacton-On-Sea is a mid-century freehold house with 925 ft2 of internal area and sits on a 313 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Preston Road, Holland-On-Sea, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
38A, Preston Road, Clacton-On-Sea has a single entry in the Land Registry database from April 2020 and a single entry in the EPC database dated October 2018.
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 38A Preston Road Clacton-On-Sea as £335,456 and the rental value as £1,186 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 38A Preston Road Clacton-On-Sea has decreased by £4,409 (1.3%) and its rental value has increased by £48 per month (4.1%).
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 38A, Preston Road, Clacton-On-Sea is in very good condition we estimate a sale value of £352,229 and rental value of £1,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,974 and a rental value of £1,103 per month.
If you were able to purchase this property for the estimated value of £335,456, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,649 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, 38A, Preston Road, Clacton-On-Sea sits on a plot of 313m2.
We have plot size data on 19 out of 35 other houses in the postcode and 38A, Preston Road, Clacton-On-Sea sits on the 19th largest plot.
According to HM Land Registry, 38A, Preston Road, Clacton-On-Sea was last sold on 20 Apr 2020 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2020, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38A, Preston Road, Clacton-On-Sea within a radius of 580 metres over the last 2 years.
The most recent example is 12, Princes Road, Clacton-On-Sea, CO15 5LD, a Freehold house which sold for £350,000 in Dec 2023.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Holland-On-Sea, Clacton-On-Sea, CO15 has a total of 64 addresses. According to our analysis of all the public data, 38A, Preston Road, Clacton-On-Sea is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in CO15.
38A, Preston Road, Clacton-On-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Oct 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 38A, Preston Road, Clacton-On-Sea is Clacton-on-Sea station which is 2.3 kilometres 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 38A, Preston Road, Clacton-On-Sea, 67.5% of property is privately owned outright and 16.7% 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 38A, Preston Road, Clacton-On-Sea, 10.3% of residents are recorded as possessing school level qualifications and 9.8% 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 38A, Preston Road, Clacton-On-Sea, the average age was 56.2 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 38A, Preston 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 38A, Preston Road, Clacton-On-Sea, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.