41 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 and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £96,167 , which equates to approximately £194 per square foot. It was last sold on 22 Jan 2021 for £90,000. Since then, the value has increased by £6,167, representing a 6.9% increase, or approximately 1.4% per year.

The current estimated value of £96,167 is:

  • 50.9% lower than the average property price on Merstham Drive
  • 50.1% lower than the average in the CO16 8FW postcode area
  • and 64.3% 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
Floor level
2nd floor
Price (estimate)
£96,167
Price Per sq ft (estimate)
£194
Bedroom Count (estimate)
1 bedroom

EPC Summary

41 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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to CO16 8FW

45 th / 47
Price Rank
50% lower than average
34 th / 41
Size Rank
23% smaller than average
36 th / 41
Price Per Sq FT Rank
35% lower than average

Compared to other properties in CO16 8FW , this flat's estimated value ranks 45th out of 47. Based on price per square foot, it ranks 36th 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 34th out of 41 properties in its postcode area.

Sale History

Today
£96,167
streetscan.co.uk estimate
+7 %
22 Jan 2021
£90,000
Leasehold
+4 %
26 Feb 2004
£86,500
Leasehold
+170.3 %
16 Oct 1998
£32,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £77,000
sale date: 30 Apr 2004
rooms: 2
size: 495 sq ft
sale price: £23,500
sale date: 30 Apr 1999
rooms: 2
size: 495 sq ft
sale price: £23,500
sale date: 16 Feb 1999

Data Sources

The property at 41 Merstham Drive, Clacton-On-Sea, CO16 8FW appears three times in the Land Registry records, with the latest transaction recorded on 22 Jan 2021. It also has a single Energy Performance Certificate (EPC) from 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.