12 Gerard Road, Clacton-On-Sea, CO16 8FP is a leasehold flat built between 1976-1982. The property offers approximately 570 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £124,324 , which equates to approximately £218 per square foot. It was last sold on 12 Jul 2016 for £100,000. Since then, the value has increased by £24,324, representing a 24.3% increase, or approximately 2.6% per year.

The current estimated value of £124,324 is:

  • 64.9% lower than the average property price on Gerard Road
  • 62.3% lower than the average in the CO16 8FP postcode area
  • and 53.8% lower than the average price for Clacton-On-Sea as a whole

View sold house prices in CO16 8FP

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£124,324
Price Per sq ft (estimate)
£218
Bedroom Count (estimate)
1 bedroom

EPC Summary

12 Gerard Road, Clacton-On-Sea, Tendring, Essex, CO16 8FP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Feb 2016.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Oct 2008. The rating of D remains the same, but the energy efficiency score improved by 1.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to CO16 8FP

19 th / 22
Price Rank
62% lower than average
13 th / 16
Size Rank
52% smaller than average
16 th / 16
Price Per Sq FT Rank
21% lower than average

Compared to other properties in CO16 8FP , this flat's estimated value ranks 19th out of 22. Based on price per square foot, it ranks 16th out of 16 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 13th out of 16 properties in its postcode area.

Sale History

Today
£124,324
streetscan.co.uk estimate
+24 %
12 Jul 2016
£100,000
Leasehold
+17.6 %
17 Apr 2014
£85,000
Leasehold
+4.9 %
30 Jun 2004
£80,995
Leasehold
+102.5 %
19 Jul 2000
£40,000
Leasehold
+66.7 %
19 Jun 1997
£24,000
Leasehold

Area Insights

Similar Properties Sold Nearby

8 Gerard Road, Clacton-On-Sea, CO16 8FP
rooms: 3
size: 548 sq ft
sale price: £115,000
sale date: 7 Dec 2006

Data Sources

The property at 12 Gerard Road, Clacton-On-Sea, CO16 8FP appears five times in the Land Registry records, with the latest transaction recorded on 12 Jul 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Feb 2016. 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.
↑