Walton on the Naze

Area Guide For Walton on the Naze

Walton-on-the-Naze is a residential community in Essex, England, on the North Sea drift in the Tendring area. It is north of Clacton and south of the port of Harwich. It adjoins Frinton-on-Sea to the south, and is a piece of the ward of Frinton and Walton. It is a resort town, with a perpetual populace of around 6,000. It pulls in numerous guests, The Naze being the fundamental fascination. There is likewise a wharf.

The ward was prior known as Walton-le-Soken.The name "Walton" is a typical one importance a 'farmstead or town of the Britons',while "Soken" indicates the soke that included Thorpe, Kirby and Walton.

Walton has a HM Coastguard group and houses Thames MRCC (Maritime Rescue Coordination Center), sorting out salvages from Southwold to Herne Bay.

 
 

Walton on the Naze Map

Estimated Price: £190,838
Average Asking Price: £183,838
Price change in last one year: £12,274
Average Price Paid: £161,272
Average Rent Rates: £624

 
 

Property Prices Breakdown in Walton on the Naze

Average Price for property in Walton on the Naze is around £190,838 which varies based on type of property you are interested in and ranges from £236,918 for detached house to around £184,950 for semi-detached. Similarly terraced house is around £168,096 and a flat is worth £127,261. Values have been changing and have risen £2,228 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,759 in last 6 months, £12,274 in last 1 year, £14,675 in last 2 years, £14,600 in last 3 years, £19,550 in last 4 years and £20,027 in last 5 years.

Currently average asking price of a property in Walton on the Naze is around £183,838 based on approximately 150 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £624 per month.

Estimated property value in Walton on the Naze is £190,838. Average asking price is £183,838 while average price paid is £170,048 which is up by £12,274 and Avg. asking rent £624.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 Walton on the Naze area. In last 1 year alone average price buyer paid is around £170,048 based on approximately 150 sales in Walton on the Naze area alone. If you compare it to last 3 years sales of 371 properties where buyers paid around £164,221. 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 £161,272 for 583 and average amount paid for purchase of approx. 801 properties sold in last 7 years comes to about £159,617 per sale.

 
 

Properties For Sale in Walton on the Naze

 
 

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 £101,248, £148,216 for a 2 bedroom house, £204,450 for a 3 bedroom house, £279,999 for a 4 bedroom house and £294,999 for a 5 bedroom house. For a flat similarly the prices varies from £116,263 for a 2 bedroom to £75,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Walton on the Naze it comes to around average £101,248 for 1 bedroom property, £134,288 for 2 bedroom, £200,527 for 3 bedroom, £279,999 for 4 bedroom and £294,999 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 £494 for 1 bedroom to £802 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £558. You should be generally be expecting around average £494 rent per month for single bedroom property, £558 for 2 bedroom and approximately £802 for 3 bedroom property in Walton on the Naze area.

Popular Houses in Walton on the Naze

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.

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