According to the public record, 121B, Marine Parade East, Clacton-On-Sea is a modern freehold house with 979 ft2 of internal area and sits on a 519 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marine Parade East, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
121B, Marine Parade East, Clacton-On-Sea has a single entry in the Land Registry database from May 2013 and a single entry in the EPC database dated April 2013.
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 121B Marine Parade East Clacton-On-Sea as £395,054 and the rental value as £1,326 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 121B Marine Parade East Clacton-On-Sea has decreased by £5,181 (1.3%) and its rental value has increased by £53 per month (4.0%).
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 121B, Marine Parade East, Clacton-On-Sea is in very good condition we estimate a sale value of £414,807 and rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,400 and a rental value of £1,233 per month.
If you were able to purchase this property for the estimated value of £395,054, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,942 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, 121B, Marine Parade East, Clacton-On-Sea sits on a plot of 519m2.
We have plot size data on 6 out of 9 other houses in the postcode and 121B, Marine Parade East, Clacton-On-Sea sits on the 5th largest plot.
According to HM Land Registry, 121B, Marine Parade East, Clacton-On-Sea was last sold on 24 May 2013 for £326,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has risen 64.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 121B, Marine Parade East, Clacton-On-Sea within a radius of 770 metres over the last 2 years.
The most recent example is 6, Reckitts Close, Clacton-On-Sea, CO15 6PG, a Freehold house which sold for £360,000 in Feb 2024.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marine Parade East, Clacton-On-Sea, CO15 has a total of 433 addresses. According to our analysis of all the public data, 121B, Marine Parade East, Clacton-On-Sea is the 57th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in CO15.
121B, Marine Parade East, Clacton-On-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Apr 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 121B, Marine Parade East, Clacton-On-Sea is Clacton-on-Sea station which is 1.3 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 121B, Marine Parade East, Clacton-On-Sea, 74.5% of property is privately owned outright and 16.8% 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 121B, Marine Parade East, Clacton-On-Sea, 8.3% of residents are recorded as possessing school level qualifications and 21.8% 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 121B, Marine Parade East, 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 121B, Marine Parade East, Clacton-On-Sea, 1.7% 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 121B, Marine Parade East, 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.