House prices in CO16 0 (Thorpe Le Soken)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CO16 0' (Thorpe Le Soken, Clacton-On-Sea) - statistics were last calculated on 30 June 2024.

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Defining 'CO16 0'

This analysis is limited to properties whose postcode starts with "CO16 0", 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 Thorpe Le Soken.

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.

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

Price per square metre

Knowing the average house price in Thorpe Le Soken 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. 1, Runnacles Close, Thorpe Le Soken, Clacton-On-Sea, sold for £432,500 on May-2024. Given the internal area of 104 square metres, the price per sqm is £4,158.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 67 sales in Thorpe Le Soken (CO16 0) 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.

The spread of prices will give you a feel of the typical range to expect in Thorpe Le Soken (CO16 0). Of the 67 transactions, half were sold for between £3,240 and £4,330 per square metre. The median, or 'middle', price per square metre in 'CO16 0' is £3,640. Notably, only 25% of properties that sold recently were valued at more than £4,330 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 Thorpe Le Soken, 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.

House price heatmap for Thorpe Le Soken, Clacton-On-Sea

Comparison with neighbouring postcode sectors

The table below shows how 'CO16 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO16 8 St Osyth	£2,800 sqm	£3,240 sqm	£3,790 sqm
CO16 0 Thorpe Le Soken	£3,240 sqm	£3,640 sqm	£4,330 sqm
CO16 7 Clacton-On-Sea	£2,950 sqm	£3,490 sqm	£4,130 sqm
CO16 9 Little Clacton	£3,000 sqm	£3,510 sqm	£4,280 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 CO16 0 (Thorpe Le Soken) compared with both the wider area CO16 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

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.

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
High Street, Thorpe Le Soken, CO16 0E	91 sqm	£3,102	14
The Street, Thorpe Le Soken, CO16 0B	148 sqm	£3,755	11
Station Road, Thorpe Le Soken, CO16 0H	103 sqm	£3,139	8
High Street, Thorpe Le Soken, CO16 0D	90 sqm	£3,307	8
Landermere Road, Thorpe Le Soken, CO16 0L	117 sqm	£3,578	8
Ellis Road, Thorpe Le Soken, CO16 0D	86 sqm	£3,540	8
Digby Way, Thorpe Le Soken, CO16 0D	99 sqm	£3,362	8
Oak Close, Thorpe Le Soken, CO16 0H	113 sqm	£3,109	7

Search for your street here.

Raw data

Our analysis of Thorpe Le Soken 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
1, Runnacles Close, Thorpe Le Soken, Clacton-On-Sea	£432,500 May-2024	104	4,158
6, Beldams Close, Thorpe Le Soken, Clacton-On-Sea	£315,000 May-2024	77	4,090
19, Henderson Rd, Thorpe Le Soken, Clacton-On-Sea	£255,000 Apr-2024	75	3,400

See the entire list of all sales in Thorpe Le Soken (CO16 0) here.