56 Colne Way, Point Clear Bay, Clacton-On-Sea, CO16 8LL is a freehold detached property built between 1967-1975. The property offers approximately 581 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £56,216 , which equates to approximately £97 per square foot. It was last sold on 30 Aug 2006 for £33,000. Since then, the value has increased by £23,216, representing a 70.4% increase, or approximately 3.6% per year.

The current estimated value of £56,216 is:

  • 44.9% lower than the average property price on Colne Way
  • 41.1% lower than the average in the CO16 8LL postcode area
  • and 79.0% lower than the average price for Clacton-On-Sea as a whole

View sold house prices in CO16 8LL

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
581 sq ft
Tenure
Freehold
Price (estimate)
£56,216
Price Per sq ft (estimate)
£97
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Colne Way, Point Clear Bay, Clacton-On-Sea, Tendring, Essex, CO16 8LL has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 29 Apr 2020.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, no insulation
Very Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to CO16 8LL

40 th / 42
Price Rank
41% lower than average
12 th / 33
Size Rank
8% bigger than average
33 rd / 33
Price Per Sq FT Rank
45% lower than average

Compared to other properties in CO16 8LL , this bungalow's estimated value ranks 40th out of 42. Based on price per square foot, it ranks 33th out of 33 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 12th out of 33 properties in its postcode area.

Sale History

Today
£56,216
streetscan.co.uk estimate
+70 %
30 Aug 2006
£33,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £117,500
sale date: 13 Dec 2024
rooms: 3
size: 506 sq ft
sale price: £155,000
sale date: 21 Aug 2023
rooms: 3
size: 592 sq ft
sale price: £80,000
sale date: 12 Jan 2022
rooms: 3
size: 560 sq ft
sale price: £91,000
sale date: 7 Jan 2020
rooms: 3
size: 517 sq ft
sale price: £70,000
sale date: 8 Oct 2019

Data Sources

The property at 56 Colne Way, Point Clear Bay, Clacton-On-Sea, Tendring, Essex, CO16 8LL appears once in the Land Registry records, with the transaction recorded on 30 Aug 2006. It also has a single Energy Performance Certificate (EPC) from 29 Apr 2020. 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.