18 Tower Road, Clacton-On-Sea, CO15 1LF is a leasehold flat built between 1967-1975. The property offers approximately 753 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £114,139 , which equates to approximately £152 per square foot. It was last sold on 13 Sep 2024 for £116,000. Since then, the value has decreased by £1,861, representing a 1.6% decrease, or approximately 1.3% per year.

The current estimated value of £114,139 is:

  • 35.6% lower than the average property price on Tower Road
  • 38.6% lower than the average in the CO15 1LF postcode area
  • and 57.6% 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 22 November 2023, the property was recorded as owner-occupied.

View sold house prices in CO15 1LF

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£114,139
Price Per sq ft (estimate)
£152
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18 Tower Road, Clacton-On-Sea, Tendring, Essex, CO15 1LF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Nov 2023.

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 17 Oct 2013, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 59.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 78% of fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to CO15 1LF

6 th / 16
Price Rank
39% lower than average
6 th / 12
Size Rank
7% smaller than average
4 th / 12
Price Per Sq FT Rank
34% lower than average

Compared to other properties in CO15 1LF , this flat's estimated value ranks 6th out of 16. Based on price per square foot, it ranks 4th out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 12 properties in its postcode area.

Sale History

Today
£114,139
streetscan.co.uk estimate
-2 %
13 Sep 2024
£116,000
Leasehold
+28.9 %
5 May 2013
£90,000
Leasehold
-14.3 %
30 Aug 2005
£105,000
Leasehold
+78 %
30 May 2001
£59,000
Leasehold
+16.8 %
15 Dec 1998
£50,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £157,572
sale date: 28 Jul 2023
rooms: 3
size: 753 sq ft
sale price: £175,000
sale date: 22 Apr 2022
rooms: 4
size: 764 sq ft
sale price: £136,000
sale date: 5 Sep 2017
rooms: 3
size: 753 sq ft
sale price: £159,995
sale date: 13 Apr 2017
rooms: 3
size: 786 sq ft
sale price: £90,000
sale date: 27 Feb 2014

Data Sources

The property at 18 Tower Road, Clacton-On-Sea, CO15 1LF appears five times in the Land Registry records, with the latest transaction recorded on 13 Sep 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Nov 2023. 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.