Feb 07, 2023 by HM

House prices in Holland-On-Sea (CO15 4)

This article reveals price per square metre data and various charts to help you understand current housing market in Holland-On-Sea (CO15 4).

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Price per square metre

Knowing the average house price in Holland-On-Sea is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 226, London Road, Holland-On-Sea, Clacton-On-Sea, sold for £270,000 on Oct-2023. Given the internal area of 65 square metres, the price per sqm is £4,153.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 222 sales in Holland-On-Sea (CO15 4) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Holland-On-Sea (CO15 4). Of the 222 transactions, half were sold for between £3,180 and £4,230 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,230m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CO15 4' is £3,750. The table below shows how 'CO15 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO15 6 Holland-On-Sea	£2,430m2	£2,890m2	£3,580m2
CO15 1 Clacton-On-Sea	£2,140m2	£2,730m2	£3,520m2
CO15 5 Holland-On-Sea	£3,220m2	£3,890m2	£4,560m2
CO15 2 Jaywick	£1,970m2	£2,610m2	£3,300m2
CO15 3 Clacton-On-Sea	£2,080m2	£2,510m2	£2,930m2
CO15 4 Holland-On-Sea	£3,180m2	£3,750m2	£4,230m2

Will Holland-On-Sea house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for CO15 4 (Holland-On-Sea). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CO15 4 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Holland-On-Sea and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Holland-On-Sea data or any other data I am given.

Price map for Holland-On-Sea

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Holland-On-Sea. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Holland-On-Sea

Street level data

Street	Avg size	Avg £/m2	Recent sales
Gorse Lane, Holland-On-Sea, CO15 4R	82m2	£3,561	36
The Avenue, Holland-On-Sea, CO15 4N	64m2	£3,419	23
Burrs Road, Holland-On-Sea, CO15 4L	87m2	£3,420	20
Inglenook, Holland-On-Sea, CO15 4S	69m2	£3,898	20
Woodlands Close, Holland-On-Sea, CO15 4R	64m2	£3,976	19
Craigfield Avenue, Holland-On-Sea, CO15 4H	74m2	£3,005	14
Cypress Close, Holland-On-Sea, CO15 4R	71m2	£3,245	13
Havering Close, Holland-On-Sea, CO15 4U	64m2	£3,285	13

Search for your street here.

Raw data

Our analysis of Holland-On-Sea is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
226, London Rd, Holland-On-Sea, Clacton-On-Sea	£270,000 Oct-2023	65	4,153
6, Highlands Grove, Holland-On-Sea, Clacton-On-Sea	£425,000 Oct-2023	97	4,381
165, Burrs Rd, Holland-On-Sea, Clacton-On-Sea	£220,000 Sep-2023	54	4,074

See the entire list of all sales in Holland-On-Sea (CO15 4) here.