Cotman Road, Clacton-on-Sea, CO16

Street Guide For Cotman Road, Clacton-on-Sea, CO16

 

Cotman Road, Clacton-on-Sea, CO16 Map

Estimated Price: £191,016
Average Asking Price: £213,023
Price change in last one year: £13,614
Average Price Paid: £157,118
Average Rent Rates: £772

F R O N T Estate Agents
Building C, 89 The Street, Little Clacton, Essex,

Free House valuation

 

Property Prices Breakdown in Cotman Road, Clacton-on-Sea, CO16

Average Price for property in Cotman Road, Clacton-on-Sea, CO16 is around £191,016 which varies based on type of property you are interested in and ranges from £196,357 for detached house to around £193,361 for semi-detached. Similarly terraced house is around £191,619 and a flat is worth £138,937. Values have been changing and have risen £412 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,115 in last 6 months, £13,614 in last 1 year, £18,635 in last 2 years, £21,364 in last 3 years, £19,791 in last 4 years and £17,744 in last 5 years.

Currently average asking price of a property in Cotman Road, Clacton-on-Sea, CO16 is around £213,023 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £772 per month.

Estimated property value in Cotman Road, Clacton-on-Sea, CO16 is £191,016. Average asking price is £213,023 while average price paid is £195,000 which is up by £13,614 and Avg. asking rent £772.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cotman Road, Clacton-on-Sea, CO16 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in Cotman Road, Clacton-on-Sea, CO16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £148,799. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £157,118 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £155,573 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £69,742, £126,821 for a 2 bedroom house, £194,538 for a 3 bedroom house, £326,360 for a 4 bedroom house and £436,883 for a 5 bedroom house. For a flat similarly the prices varies from £82,483 for a single bedroom to £97,997 for a 2 bedroom Flat. To sum up the asking prices for properties in Cotman Road, Clacton-on-Sea, CO16 it comes to around average £71,990 for 1 bedroom property, £125,769 for 2 bedroom, £194,538 for 3 bedroom, £326,360 for 4 bedroom and £436,883 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £706 for 2 bedroom, £775 for 3 bedroom and £975 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £475. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £565 and £693 for 3 bedroom. You should be generally be expecting around average £467 rent per month for single bedroom property, £659 for 2 bedroom, £761 for 3 bedroom and approximately £975 for 4 bedroom property in Cotman Road, Clacton-on-Sea, CO16 area.

Popular Houses in Cotman Road, Clacton-on-Sea, CO16

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cotman Road, Clacton-on-Sea, CO16