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

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


Defining 'CO15 6'

This analysis is limited to properties whose postcode starts with "CO15 6", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Clacton-On-Sea.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Clacton-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. Apartment 7 The Towers, Vista Road, Clacton-On-Sea, sold for £112,000 on Feb-2024. Given the internal area of 80 square metres, the price per sqm is £1,400.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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 200 sales in Clacton-On-Sea (CO15 6) that took place in the last two years.

Distribution of £ per sqm for Clacton-On-Sea
Distribution of £ per sqm house prices in Clacton-On-Sea

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.

The spread of prices will give you a feel of the typical range to expect in Clacton-On-Sea (CO15 6). Of the 200 transactions, half were sold for between £2,360 and £3,540 per square metre. The median, or 'middle', price per square metre in 'CO15 6' is £2,850. Notably, only 25% of properties that sold recently were valued at more than £3,540 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Clacton-On-Sea

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Clacton-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.

Property price heatmap for Clacton-On-Sea
House price heatmap for Clacton-On-Sea

Comparison with neighbouring postcode sectors

The table below shows how 'CO15 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CO15 5 Holland-On-Sea £3,260 sqm £3,910 sqm £4,610 sqm
CO15 4 Clacton-On-Sea £3,210 sqm £3,780 sqm £4,280 sqm
CO15 2 Jaywick £1,780 sqm £2,470 sqm £3,270 sqm
CO15 3 Clacton-On-Sea £2,130 sqm £2,510 sqm £2,970 sqm
CO15 6 Clacton-On-Sea £2,360 sqm £2,850 sqm £3,540 sqm
CO15 1 Clacton-On-Sea £2,140 sqm £2,730 sqm £3,440 sqm

Will Clacton-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 chart below for CO15 6 (Clacton-On-Sea) compared with both the wider area CO15 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Clacton-On-Sea,Clacton-On-Sea
House price trends for Clacton-On-Sea

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CO15 6 sales
Recent trends for Clacton-On-Sea

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Clacton-On-Sea to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Clacton-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.

Street level data

Street Avg size Avg £sqm Recent sales
Marine Parade East, Clacton-On-Sea, CO15 6J 73 sqm £2,397 37
Connaught Gardens East, Clacton-On-Sea, CO15 6J 57 sqm £2,827 31
Holland Road, Clacton-On-Sea, CO15 6N 80 sqm £2,732 25
Lyon Close, Clacton-On-Sea, CO15 6E 54 sqm £2,969 23
Vista Road, Clacton-On-Sea, CO15 6D 84 sqm £2,786 21
Granville Road, Clacton-On-Sea, CO15 6B 84 sqm £2,255 16
Skelmersdale Road, Clacton-On-Sea, CO15 6B 92 sqm £2,144 15
Holland Road, Clacton-On-Sea, CO15 6E 118 sqm £2,355 15

Search for your street here.

Raw data

Our analysis of Clacton-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 sqm £/sqm
Apartment 7 The Towers, Vista Rd, Clacton-On-Sea £112,000
Feb-2024
80 1,400
6, Reckitts Close, Clacton-On-Sea £360,000
Feb-2024
103 3,495
7, St Pauls Rd, Clacton-On-Sea £138,000
Feb-2024
72 1,916

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

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.