According to the public record, Apartment 14, Ashley Lodge, Clacton-On-Sea is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Ashley Lodge, Vista Road, Clacton-On-Sea, CO15.
Vista Road, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
Apartment 14, Ashley Lodge, Clacton-On-Sea has 21 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated May 2015.
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 Apartment 14 Ashley Lodge Clacton-On-Sea as £179,945 and the rental value as £777 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Apartment 14 Ashley Lodge Clacton-On-Sea has decreased by £398 (0.2%) and its rental value has increased by £40 per month (5.2%).
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 Apartment 14, Ashley Lodge, Clacton-On-Sea is in very good condition we estimate a sale value of £188,942 and rental value of £816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,349 and a rental value of £723 per month.
If you were able to purchase this property for the estimated value of £179,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £884 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 HM Land Registry, Apartment 14, Ashley Lodge, Clacton-On-Sea was last sold on 14 Jun 2022 for £178,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 14, Ashley Lodge, Clacton-On-Sea within a radius of 540 metres over the last 2 years.
The most recent example is Apartment 16, Langtry Court, Thoroughgood Road, Clacton-On-Sea, CO15 6JX, a Leasehold flat which sold for £170,000 in Dec 2022.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vista Road, Clacton-On-Sea, CO15 has a total of 187 addresses. According to our analysis of all the public data, Apartment 14, Ashley Lodge, Clacton-On-Sea is the 141st largest and the 125th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in CO15.
Apartment 14, Ashley Lodge, Clacton-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2015.
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 Apartment 14, Ashley Lodge, 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 Apartment 14, Ashley Lodge, Clacton-On-Sea, 36.7% of property is privately owned outright and 34.0% is privately 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 Apartment 14, Ashley Lodge, Clacton-On-Sea, 4.5% of residents are recorded as possessing school level qualifications and 25.2% 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 Apartment 14, Ashley Lodge, Clacton-On-Sea, the average age was 46.7 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 Apartment 14, Ashley Lodge, Clacton-On-Sea, 0.6% 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 Apartment 14, Ashley Lodge, 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.