2 Gerard Road, Clacton-On-Sea, CO16 8FP is a leasehold flat built between 1976-1982. The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £114,993 , which equates to approximately £237 per square foot. It was last sold on 7 Sep 2004 for £79,995. Since then, the value has increased by £34,998, representing a 43.8% increase, or approximately 2.1% per year.

The current estimated value of £114,993 is:

  • 67.5% lower than the average property price on Gerard Road
  • 65.1% lower than the average in the CO16 8FP postcode area
  • and 57.3% 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 once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 26 January 2024, the property was recorded as rented.

View sold house prices in CO16 8FP

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£114,993
Price Per sq ft (estimate)
£237
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Gerard Road, Clacton-On-Sea, Tendring, Essex, CO16 8FP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Jan 2024.

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 15 Sep 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 29.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to electric storage heaters, electric storage heaters, improving energy efficiency from poor to average.
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters, Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CO16 8FP

20 th / 22
Price Rank
65% lower than average
15 th / 16
Size Rank
59% smaller than average
14 th / 16
Price Per Sq FT Rank
14% lower than average

Compared to other properties in CO16 8FP , this flat's estimated value ranks 20th out of 22. Based on price per square foot, it ranks 14th 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 15th out of 16 properties in its postcode area.

Sale History

Today
£114,993
streetscan.co.uk estimate
+44 %
7 Sep 2004
£79,995
Leasehold
+33.3 %
19 Dec 2002
£59,995
Leasehold
+54.8 %
30 Jun 2000
£38,750
Leasehold

Area Insights

Similar Properties Sold Nearby

6 Gerard Road, Clacton-On-Sea, CO16 8FP
rooms: 2
size: 441 sq ft
sale price: £110,000
sale date: 13 Jul 2022
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 2 Gerard Road, Clacton-On-Sea, CO16 8FP appears three times in the Land Registry records, with the latest transaction recorded on 7 Sep 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jan 2024. 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.
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