House prices in CO16 8 (St Osyth)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CO16 8' (St Osyth, Clacton-On-Sea) - statistics were last calculated on 30 June 2024.

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Defining 'CO16 8'

This analysis is limited to properties whose postcode starts with "CO16 8", 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 St Osyth.

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 St Osyth 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, Towse Close, St Osyth, Clacton-On-Sea, sold for £240,000 on May-2024. Given the internal area of 74 square metres, the price per sqm is £3,243.

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 291 sales in St Osyth (CO16 8) 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 St Osyth (CO16 8). Of the 291 transactions, half were sold for between £2,800 and £3,790 per square metre. The median, or 'middle', price per square metre in 'CO16 8' is £3,240. Notably, only 25% of properties that sold recently were valued at more than £3,790 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 St Osyth, 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 St Osyth, Clacton-On-Sea

Comparison with neighbouring postcode sectors

The table below shows how 'CO16 8' 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 8 (St Osyth) 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
Point Clear Road, St Osyth, CO16 8J	123 sqm	£3,179	37
St Johns Road, St Osyth, CO16 8D	101 sqm	£3,108	31
Dumont Avenue, St Osyth, CO16 8J	128 sqm	£2,829	24
Cross Road, St Osyth, CO16 8G	79 sqm	£3,140	22
Oakmead Road, St Osyth, CO16 8N	105 sqm	£2,852	20
Clacton Road, St Osyth, CO16 8P	97 sqm	£3,045	18
Flatford Drive, St Osyth, CO16 8B	76 sqm	£2,741	17
Constable Avenue, St Osyth, CO16 8X	76 sqm	£2,721	17

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
West Field Lane, St Osyth, CO16 8G	101 sqm	£3,421	20

West Field Lane, St Osyth, CO16 8G has seen 20 new build sales in the last 4 years (average price £357,443). These new build homes typically have an internal area of 101 sqm, with an average price of £3,421 sqm. This £sqm average is £181 above the average for CO16 8. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of St Osyth 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, Towse Close, St Osyth, Clacton-On-Sea	£240,000 May-2024	74	3,243
Kooringal, Oakmead Rd, St Osyth, Clacton-On-Sea	£347,000 May-2024	144	2,409
Seaview, 60, Oakmead Rd, St Osyth, Clacton-On-Sea	£285,000 May-2024	96	2,968

See the entire list of all sales in St Osyth (CO16 8) here.