Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16

Street Guide For Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16

 

Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 Map

Estimated Price: £258,074
Average Asking Price: £213,410
Price change in last one year: £18,876
Average Price Paid: £192,000
Average Rent Rates: £759

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

Free House valuation

 

Property Prices Breakdown in Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16

Average Price for property in Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 is around £258,074 which varies based on type of property you are interested in and ranges from £265,942 for detached house to around £203,001 for semi-detached. Values have been changing and have risen £571 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,932 in last 6 months, £18,876 in last 1 year, £25,833 in last 2 years, £29,616 in last 3 years, £27,432 in last 4 years and £24,591 in last 5 years.

Currently average asking price of a property in Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 is around £213,410 based on approximately 0 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £759 per month.

Estimated property value in Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 is £258,074. Average asking price is £213,410 while average price paid is £228,750 which is up by £29,616 and Avg. asking rent £759.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 Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 area. In last 3 years alone average price buyer paid is around £228,750 based on approximately 2 sales in Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £192,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £190,083 for 6 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 £99,997 for a 2 bedroom Flat. To sum up the asking prices for properties in Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 it comes to around average £71,990 for 1 bedroom property, £125,655 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 £692 for 2 bedroom, £765 for 3 bedroom and £949 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, £657 for 2 bedroom, £753 for 3 bedroom and approximately £949 for 4 bedroom property in Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16 area.

Popular Houses in Western Promenade, Point Clear Bay, 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 Western Promenade, Point Clear Bay, Clacton-on-Sea, CO16