33 Merstham Drive, Clacton-On-Sea, CO16 8FW is a leasehold flat built between 1967-1975. The property offers approximately 495 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 £93,593 , which equates to approximately £189 per square foot. It was last sold on 16 Feb 1999 for £23,500. Since then, the value has increased by £70,093, representing a 298.3% increase, or approximately 11.1% per year.

The current estimated value of £93,593 is:

  • 52.2% lower than the average property price on Merstham Drive
  • 51.4% lower than the average in the CO16 8FW postcode area
  • and 65.2% lower than the average price for Clacton-On-Sea as a whole

View sold house prices in CO16 8FW

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
495 sq ft
Tenure
Leasehold
Price (estimate)
£93,593
Price Per sq ft (estimate)
£189
Bedroom Count (estimate)
1 bedroom

EPC Summary

33 Merstham Drive, Clacton-On-Sea, Tendring, Essex, CO16 8FW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Feb 2014.

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 24 Feb 2014, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 23.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to CO16 8FW

47 th / 47
Price Rank
51% lower than average
33 rd / 41
Size Rank
23% smaller than average
39 th / 41
Price Per Sq FT Rank
37% lower than average

Compared to other properties in CO16 8FW , this flat's estimated value ranks 47th out of 47. Based on price per square foot, it ranks 39th out of 41 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 33th out of 41 properties in its postcode area.

Sale History

Today
£93,593
streetscan.co.uk estimate
+298 %
16 Feb 1999
£23,500
Leasehold

Area Insights

Similar Properties Sold Nearby

41 Merstham Drive, Clacton-On-Sea, CO16 8FW
rooms: 2
size: 495 sq ft
sale price: £90,000
sale date: 22 Jan 2021
43 Merstham Drive, Clacton-On-Sea, CO16 8FW
rooms: 2
size: 441 sq ft
sale price: £77,000
sale date: 30 Apr 2004
39 Merstham Drive, Clacton-On-Sea, CO16 8FW
rooms: 2
size: 495 sq ft
sale price: £23,500
sale date: 30 Apr 1999

Data Sources

The property at 33 Merstham Drive, Clacton-On-Sea, Tendring, Essex, CO16 8FW appears once in the Land Registry records, with the transaction recorded on 16 Feb 1999. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Feb 2014. 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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