According to the public record, Flat 4, Cornwall Court 197, Clacton-On-Sea is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cornwall Court, Holland Road, Clacton-On-Sea, CO15.
Holland Road, Clacton-On-Sea, CO15 is located in the borough of Tendring within the CO15 postal district.
Flat 4, Cornwall Court 197, Clacton-On-Sea has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated June 2016.
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 4 Cornwall Court 197 Clacton-On-Sea as £144,627 and the rental value as £729 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 4 Cornwall Court 197 Clacton-On-Sea has increased by £2,320 (1.6%) and its rental value has increased by £52 per month (7.1%).
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 Flat 4, Cornwall Court 197, Clacton-On-Sea is in very good condition we estimate a sale value of £151,859 and rental value of £765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,503 and a rental value of £678 per month.
If you were able to purchase this property for the estimated value of £144,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £711 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 4, Cornwall Court 197, Clacton-On-Sea was last sold on 24 Oct 2016 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Cornwall Court 197, Clacton-On-Sea within a radius of 730 metres over the last 2 years.
The most recent example is 15 Silverdale Court, Holland Road, Clacton-On-Sea, CO15 6NJ, a Leasehold flat which sold for £138,000 in Jun 2024.
Read more about house prices in CO15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holland Road, Clacton-On-Sea, CO15 has a total of 374 addresses. According to our analysis of all the public data, Flat 4, Cornwall Court 197, Clacton-On-Sea is the 249th largest and the 271st most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in CO15.
Flat 4, Cornwall Court 197, Clacton-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 4, Cornwall Court 197, Clacton-On-Sea is Clacton-on-Sea station which is 1.4 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 Flat 4, Cornwall Court 197, Clacton-On-Sea, 45.0% of property is privately rented and 26.4% 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 Flat 4, Cornwall Court 197, Clacton-On-Sea, 15.6% of residents are recorded as possessing school level qualifications and 14.6% 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 4, Cornwall Court 197, 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 Flat 4, Cornwall Court 197, Clacton-On-Sea, 1.6% 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 Flat 4, Cornwall Court 197, 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.