Feb 07, 2023 by HM

House prices in Holland-On-Sea (CO15 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Holland-On-Sea (CO15 6).

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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. 136, Holland Road, Holland-On-Sea, Clacton-On-Sea, sold for £160,000 on Sep-2023. Given the internal area of 71 square metres, the price per sqm is £2,253.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 232 sales in Holland-On-Sea (CO15 6) 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 6). Of the 232 transactions, half were sold for between £2,410 and £3,580 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,580m². 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 6' is £2,890. The table below shows how 'CO15 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO15 3 Clacton-On-Sea	£2,090m2	£2,500m2	£2,920m2
CO15 4 Holland-On-Sea	£3,140m2	£3,720m2	£4,190m2
CO15 6 Holland-On-Sea	£2,410m2	£2,890m2	£3,580m2
CO15 1 Clacton-On-Sea	£2,130m2	£2,730m2	£3,520m2
CO15 5 Holland-On-Sea	£3,230m2	£3,890m2	£4,550m2
CO15 2 Jaywick	£2,010m2	£2,610m2	£3,290m2

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 6 (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 6 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
Marine Parade East, Holland-On-Sea, CO15 6J	74m2	£2,270	42
Connaught Gardens East, Holland-On-Sea, CO15 6J	57m2	£2,799	33
Lyon Close, Holland-On-Sea, CO15 6E	54m2	£2,913	28
Holland Road, Holland-On-Sea, CO15 6N	81m2	£2,658	24
Vista Road, Holland-On-Sea, CO15 6D	85m2	£2,805	22
Granville Road, Holland-On-Sea, CO15 6B	84m2	£2,235	17
Holland Road, Holland-On-Sea, CO15 6E	119m2	£2,352	15
Skelmersdale Road, Holland-On-Sea, CO15 6B	93m2	£2,157	14

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
136, Holland Rd, Holland-On-Sea, Clacton-On-Sea	£160,000 Sep-2023	71	2,253
4, Abbigail Gardens, Holland-On-Sea, Clacton-On-Sea	£450,000 Aug-2023	105	4,285
Flat 46 Coleman Court, Station Rd, Holland-On-Sea, Clacton-On-Sea	£62,500 Aug-2023	40	1,562

See the entire list of all sales in Holland-On-Sea (CO15 6) here.