According to the public record, Flat 37, Coleman Court, Clacton-On-Sea is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Coleman Court, Station Road, Clacton-On-Sea, CO15.
Station Road, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
Flat 37, Coleman Court, Clacton-On-Sea has 31 entries in the Land Registry database, most recently in July 2007 and a single entry in the EPC database dated September 2021.
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 Flat 37 Coleman Court Clacton-On-Sea as £83,327 and the rental value as £504 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 37 Coleman Court Clacton-On-Sea has increased by £1,082 (1.3%) and its rental value has increased by £34 per month (6.8%).
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 Flat 37, Coleman Court, Clacton-On-Sea is in very good condition we estimate a sale value of £87,493 and rental value of £529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,494 and a rental value of £469 per month.
If you were able to purchase this property for the estimated value of £83,327, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £410 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, Flat 37, Coleman Court, Clacton-On-Sea was last sold on 02 Jul 2007 for £102,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2007, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 37, Coleman Court, Clacton-On-Sea within a radius of 430 metres over the last 2 years.
The most recent example is Flat 19, Coleman Court, Station Road, Clacton-On-Sea, CO15 6PY, a Leasehold flat which sold for £64,000 in Jun 2023.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Clacton-On-Sea, CO15 has a total of 140 addresses. According to our analysis of all the public data, Flat 37, Coleman Court, Clacton-On-Sea is the 89th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in CO15.
Flat 37, Coleman Court, Clacton-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 37, Coleman Court, Clacton-On-Sea is Clacton-on-Sea station which is 100 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 Flat 37, Coleman Court, Clacton-On-Sea, 65.5% of property is privately rented and 25.5% 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 Flat 37, Coleman Court, Clacton-On-Sea, 12.5% of residents are recorded as possessing school level qualifications and 15.6% 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 Flat 37, Coleman Court, 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 Flat 37, Coleman Court, 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 Flat 37, Coleman Court, Clacton-On-Sea, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.