116 Colne Way, Point Clear Bay, Clacton-On-Sea, CO16 8LW is a freehold terraced property built between 1950-1966. The property offers approximately 549 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £113,092 , which equates to approximately £206 per square foot. It was last sold on 20 Apr 2010 for £66,000. Since then, the value has increased by £47,092, representing a 71.4% increase, or approximately 4.6% per year.

The current estimated value of £113,092 is:

  • 12.8% higher than the average property price on Colne Way
  • 4.5% lower than the average in the CO16 8LW postcode area
  • and 58.0% lower than the average price for Clacton-On-Sea as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 July 2019, the property was recorded as owner-occupied.

View sold house prices in CO16 8LW

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
549 sq ft
Tenure
Freehold
Price (estimate)
£113,092
Price Per sq ft (estimate)
£206
Bedroom Count (estimate)
1 bedroom

EPC Summary

116 Colne Way, Point Clear Bay, Clacton-On-Sea, Tendring, Essex, CO16 8LW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Jul 2019.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jul 2019, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 221.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to system built, with external insulation, improving energy efficiency from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
System built, with external insulation
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to CO16 8LW

13 th / 23
Price Rank
4% lower than average
4 th / 12
Size Rank
10% smaller than average
8 th / 12
Price Per Sq FT Rank
6% higher than average

Compared to other properties in CO16 8LW , this bungalow's estimated value ranks 13th out of 23. Based on price per square foot, it ranks 8th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 12 properties in its postcode area.

Sale History

Today
£113,092
streetscan.co.uk estimate
+71 %
20 Apr 2010
£66,000
Leasehold
+24.5 %
19 Aug 2004
£53,000
Leasehold
+221.2 %
28 Sep 2000
£16,500
Leasehold
-5.7 %
13 Aug 1998
£17,500
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 560 sq ft
sale price: £65,000
sale date: 14 Jan 2016
rooms: 3
size: 506 sq ft
sale price: £112,500
sale date: 27 Aug 2021
rooms: 3
size: 441 sq ft
sale price: £75,000
sale date: 11 Aug 2016
rooms: 3
size: 409 sq ft
sale price: £57,000
sale date: 9 Nov 2005
rooms: 3
size: 441 sq ft
sale price: £21,000
sale date: 13 May 2017

Data Sources

The property at 116 Colne Way, Point Clear Bay, Clacton-On-Sea, CO16 8LW appears four times in the Land Registry records, with the latest transaction recorded on 20 Apr 2010. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.