Feb 07, 2023 by HM

House prices in Little Clacton (CO16 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Little Clacton (CO16 9).

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Price per square metre

Knowing the average house price in Little Clacton 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. 4a, Colchester Road, Little Clacton, Clacton-On-Sea, sold for £280,000 on Aug-2023. Given the internal area of 45 square metres, the price per sqm is £6,222.

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. £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 146 sales in Little Clacton (CO16 9) 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 Little Clacton (CO16 9). Of the 146 transactions, half were sold for between £3,080 and £4,500 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,500m². 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 'CO16 9' is £3,710. The table below shows how 'CO16 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CO16 8 St Osyth	£2,820m2	£3,290m2	£3,790m2
CO16 7 Clacton-On-Sea	£2,930m2	£3,460m2	£4,050m2
CO16 9 Little Clacton	£3,080m2	£3,710m2	£4,500m2
CO16 0 Thorpe Le Soken	£3,140m2	£3,700m2	£4,420m2

Will Little Clacton 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 CO16 9 (Little Clacton). 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 CO16 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Little Clacton 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 Little Clacton data or any other data I am given.

Price map for Little Clacton

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 Little Clacton. 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 Little Clacton

Street level data

Street	Avg size	Avg £/m2	Recent sales
Holland Road, Little Clacton, CO16 9R	115m2	£3,165	30
Harwich Road, Little Clacton, CO16 9N	96m2	£3,631	19
Second Avenue, Little Clacton, CO16 9H	80m2	£3,792	14
Colchester Road, Little Clacton, CO16 9J	105m2	£3,491	13
Tan Lane, Little Clacton, CO16 9P	90m2	£3,653	10
Clacton Road, Little Clacton, CO16 9E	141m2	£2,953	10
Alexandra Road, Little Clacton, CO16 9H	70m2	£3,438	10
The Street, Little Clacton, CO16 9L	117m2	£3,064	10

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Bramwood Road, Little Clacton, CO16 9F	79m2	£4,015	28
Millers Green, Little Clacton, CO16 9F	110m2	£3,026	21
Whitegates Court, Little Clacton, CO16 9F	90m2	£3,867	9
Oaks Drive, Little Clacton, CO16 9F	75m2	£4,033	13

Bramwood Road, Little Clacton, CO16 9F has seen 28 new build sales in the last 4 years (average price £314,481). These new build homes typically have an internal area of 79 m2, with an average price of £4,015 m2. This £sqm average is £305 above the average for CO16 9. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Little Clacton 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
4a, Colchester Rd, Little Clacton, Clacton-On-Sea	£280,000 Aug-2023	45	6,222
2 Myrtle Cottages, Thorpe Rd, Little Clacton, Clacton-On-Sea	£128,000 Aug-2023	55	2,327
3, Edward Close, Little Clacton, Clacton-On-Sea	£370,000 Aug-2023	118	3,135

See the entire list of all sales in Little Clacton (CO16 9) here.