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Jaywick House Prices Jaywick House Prices

The average house price in Jaywick is £173,166 using HM Land Registry data.

The average property price increased by £53,602 (38.37%) over the last 5 years and increased by £10,713 (5.87%) over the last 12 months.

Over the last year, there were 75 residential property sales – a decrease of 47 transactions (-62.67%) relative to the previous year. The majority of house sales (19) were in the £50,000 - £98,000 range. Then came properties in the £98,000 - £146,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 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 31 new estate agency instructions, 19 agreed home sales and 12 property price reductions.

Neighbouring Areas: Clacton-on-Sea

Postcodes Covered: CO15, CO16

5-Year Average Property Prices in Jaywick

38.37%

Property prices in Jaywick increased by 38.37% 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 Jaywick Over the Last Year

5.87%

Property prices in Jaywick increased by 5.87% 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 Jaywick - 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 Jaywick

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 Jaywick

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 Jaywick

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 Jaywick since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Jaywick area since 1995.

Recent Property Sales in Jaywick

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Park Square East, Jaywick, Clacton-on-sea, Essex, CO15 2NL£260,000£250,000-£10,00023 Oct 202301 Mar 2024130 Days
41 Broadway, Jaywick, Clacton-on-sea, Essex, CO15 2ET£170,000£165,000-£5,00031 May 202329 Jan 2024243 Days
16 Beach Way, Jaywick, Clacton-on-sea, Essex, CO15 2HJ£85,000£78,500-£6,50020 Feb 202326 Jan 2024340 Days
86 Park Square West, Jaywick, Clacton-on-sea, Essex, CO15 2NU£245,000£240,000-£5,00021 Aug 202325 Jan 2024157 Days
9 Aragon Close, Jaywick, Clacton-on-sea, Essex, CO15 2NQ£250,000£242,500-£7,50020 Sep 202316 Jan 2024118 Days
45 Rosemary Way, Jaywick, Clacton-on-sea, Essex, CO15 2SD£99,950£90,000-£9,95029 Sep 202319 Dec 202381 Days
134 Golf Green Road, Jaywick, Clacton-on-sea, Essex, CO15 2RW£90,000£80,000-£10,00008 Mar 202317 Nov 2023254 Days
29 Boleyn Way, Jaywick, Clacton-on-sea, Essex, CO15 2NZ£225,000£220,000-£5,00027 Oct 202317 Nov 202321 Days
74 Golf Green Road, Jaywick, Clacton-on-sea, Essex, CO15 2RN£110,000£110,000£0031 Jul 202310 Nov 2023102 Days
196 Meadow Way, Jaywick, Clacton-on-sea, Essex, CO15 2EZ£89,995£82,000-£7,99507 Jul 202306 Nov 2023122 Days
4 Alleyne Way, Jaywick, Clacton-on-sea, Essex, CO15 2RD£250,000£250,000£0001 Jul 202303 Nov 2023125 Days
25 Boleyn Way, Jaywick, Clacton-on-sea, Essex, CO15 2NZ£335,000£330,000-£5,00005 Jan 202327 Oct 2023295 Days
24 Belsize Avenue, Jaywick, Clacton-on-sea, Essex, CO15 2LE£115,000£107,000-£8,00029 Aug 202327 Oct 202359 Days
49 Rosemary Way, Jaywick, Clacton-on-sea, Essex, CO15 2SD£80,000£78,000-£2,00012 Jun 202316 Oct 2023126 Days
66 Gorse Way, Jaywick, Clacton-on-sea, Essex, CO15 2HT£76,500£70,000-£6,50020 Apr 202306 Oct 2023169 Days
17 Tudor Close, Jaywick, Clacton-on-sea, Essex, CO15 2PR£280,000£260,000-£20,00007 Jul 202328 Sep 202383 Days
12 Shirley Court, Jaywick, Clacton-on-sea, Essex, CO15 2QN£230,000£230,000£0023 Mar 202322 Sep 2023183 Days
8 Alleyne Way, Jaywick, Clacton-on-sea, Essex, CO15 2RD£280,000£272,500-£7,50022 Mar 202315 Sep 2023177 Days
95 Meadow Way, Jaywick, Clacton-on-sea, Essex, CO15 2SE£170,000£170,000£0025 Apr 202304 Sep 2023132 Days
240 Meadow Way, Jaywick, Clacton-on-sea, Essex, CO15 2HA£145,000£140,000-£5,00024 Mar 202304 Sep 2023164 Days

Most Expensive Streets in Jaywick

PostcodeStreetAreaAverageNo. of Sales
CO16 7BEJaywick LaneClacton-on-sea£378,3333
CO15 2PHRichmond DriveJaywick£307,7857
CO15 2NYParr CloseJaywick£280,5004
CO15 2QXSpenser WayJaywick£266,8754
CO15 2NZBoleyn WayJaywick£264,3754
CO15 2NRPark Square EastJaywick£259,50010
CO15 2NLPark Square EastJaywick£255,6254
CO15 2QAMillers Barn RoadJaywick£255,1005
CO15 2PETudor GreenJaywick£253,7504
CO15 2QQFrobisher DriveJaywick£252,5004

Least Expensive Streets in Jaywick

PostcodeStreetAreaAverageNo. of Sales
CO15 2JPBrooklands GardensJaywick£53,0004
CO15 2JNMorris AvenueJaywick£55,3005
CO15 2JUAlvis AvenueJaywick£55,95010
CO15 2HJBeach WayJaywick£57,1254
CO15 2JTAustin AvenueJaywick£62,6663
CO15 2HPMeadow WayJaywick£63,7504
CO15 2JWBentley AvenueJaywick£67,6878
CO15 2JDYew WayJaywick£70,0003
CO15 2JJSunbeam AvenueJaywick£70,8333
CO15 2JALake WayJaywick£75,8754

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