Clacton-on-Sea House Prices Clacton-on-Sea House Prices

The average house price in Clacton-on-Sea is £244,596 using HM Land Registry data.

The average property price increased by £69,354 (33.01%) over the last 5 years and increased by £13,861 (5.22%) over the last 12 months.

Over the last year, there were 624 residential property sales – a decrease of 412 transactions (-66.03%) relative to the previous year. The majority of house sales (152) were in the £224,000 - £276,000 range. Then came properties in the £172,000 - £224,000 range, where 117 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,158 (-2%).

In April 2024, there were 216 new estate agency instructions, 111 agreed home sales and 143 property price reductions.

5-Year Average Property Prices in Clacton-on-Sea

33.01%

Property prices in Clacton-on-Sea increased by 33.01% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Clacton-on-Sea Over the Last Year

5.22%

Property prices in Clacton-on-Sea increased by 5.22% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Clacton-on-Sea - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Clacton-on-Sea

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Clacton-on-Sea

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Clacton-on-Sea

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Clacton-on-Sea since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Clacton-on-Sea area since 1995.

Recent Property Sales in Clacton-on-Sea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Highlands Grove, Clacton-on-sea, Essex, CO15 4SY£400,000£390,000-£10,00023 Jan 202415 Mar 202452 Days
24 Hillcrest, Clacton-on-sea, Essex, CO15 4HU£350,000£350,000£0027 Jul 202301 Mar 2024218 Days
5 St Marys Road, Clacton-on-sea, Essex, CO15 3ND£250,000£222,500-£27,50026 Apr 202329 Feb 2024309 Days
Flat 19, Imperial Court, Marine Parade West, Clacton-on-sea, Essex, CO15 1LD£100,000£98,000-£2,00004 May 202323 Feb 2024295 Days
6 Reckitts Close, Clacton-on-sea, Essex, CO15 6PG£375,000£360,000-£15,00024 May 202323 Feb 2024275 Days
7 St Pauls Road, Clacton-on-sea, Essex, CO15 6AU£140,000£138,000-£2,00015 Sep 202316 Feb 2024154 Days
4 Beaconsfield Road, Clacton-on-sea, Essex, CO15 6BU£385,000£362,500-£22,50007 Jun 202315 Feb 2024253 Days
Flat 10, Holland House, Skelmersdale Road, Clacton-on-sea, Essex, CO15 6BD£105,000£90,000-£15,00030 Aug 202305 Feb 2024159 Days
Flat 9, Rose Bank Court, Marine Parade East, Clacton-on-sea, Essex, CO15 6AD£195,000£190,000-£5,00029 Aug 202330 Jan 2024154 Days
9 Ramplings Avenue, Clacton-on-sea, Essex, CO15 4BX£255,000£255,000£0001 Nov 202329 Jan 202489 Days
114 Dulwich Road, Holland-on-sea, Clacton-on-sea, Essex, CO15 5LU£500,000£485,000-£15,00020 Sep 202329 Jan 2024131 Days
6 Lime Close, Clacton-on-sea, Essex, CO15 2BZ£220,000£215,000-£5,00005 Oct 202329 Jan 2024116 Days
3 Woolner Road, Clacton-on-sea, Essex, CO16 8YW£280,000£275,000-£5,00022 Sep 202325 Jan 2024125 Days
5 Abbigail Gardens, Clacton-on-sea, Essex, CO15 6QS£450,000£422,500-£27,50025 May 202324 Jan 2024244 Days
Flat 39, Westcliff Court, Edith Road, Clacton-on-sea, Essex, CO15 1LA£75,000£72,500-£2,50025 Jul 202323 Jan 2024182 Days
28 St Helens Avenue, Clacton-on-sea, Essex, CO15 4PY£250,000£250,000£0005 Jul 202322 Jan 2024201 Days
211 Holland Road, Clacton-on-sea, Essex, CO15 6NL£215,000£192,000-£23,00008 Jun 202319 Jan 2024225 Days
5 Eton Road, Clacton-on-sea, Essex, CO15 3QA£220,000£215,000-£5,00027 Sep 202319 Jan 2024114 Days
7 Castle Road, Clacton-on-sea, Essex, CO15 1JG£220,000£219,000-£1,00025 Sep 202317 Jan 2024114 Days
62 West Avenue, Clacton-on-sea, Essex, CO15 1HD£350,000£350,000£0005 Sep 202317 Jan 2024134 Days

Most Expensive Streets in Clacton-on-Sea

PostcodeStreetAreaAverageNo. of Sales
CO15 5TTThe EsplanadeHolland-on-sea£605,0003
CO15 5UBManor WayHolland-on-sea£533,3333
CO15 1DEArnold RoadClacton-on-sea£513,1254
CO15 6QLLancaster Gardens EastClacton-on-sea£505,0004
CO15 5JHKings ParadeHolland-on-sea£486,6663
CO15 5QFKings ParadeHolland-on-sea£479,0003
CO15 5JFKings ParadeHolland-on-sea£475,1254
CO15 5JBKings ParadeHolland-on-sea£465,8333
CO16 8BJSt Johns RoadClacton-on-sea£459,0007
CO15 5ANSecond AvenueClacton-on-sea£450,7504

Least Expensive Streets in Clacton-on-Sea

PostcodeStreetAreaAverageNo. of Sales
CO15 3TYRegency LodgeClacton-on-sea£61,15313
CO15 3PGEast HavenClacton-on-sea£66,1389
CO16 7LSGrange CourtBattisford Drive£71,9005
CO15 3LLHavenvaleCoppins Road£72,5717
CO15 1JLCastle RoadClacton-on-sea£76,22711
CO15 1SDStation RoadClacton-on-sea£76,3754
CO15 6PYColeman CourtStation Road£76,69213
CO15 6QACarnarvon RoadClacton-on-sea£89,0007
CO15 4UZIlford CourtEpping Close£90,2504
CO15 1LAWestcliff CourtEdith Road£93,50031

Explore Clacton-on-Sea and Neighbouring Area House Prices