5A, THE CLOSE, JAYWICK, CLACTON-ON-SEA, CO15 2RR - £59,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5A THE CLOSE is a flat, which could now be worth an estimated £97,522. It was last sold for £59,000 in March 2003, which was around 24% below the average March 2003 flat price in the Tendring local authority area.

5A THE CLOSE Sold Prices

Land registry data shows three sales for 5A THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Tendring local authority area for the corresponding sale date. All of the three 5A THE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 3 MAR	£59,000	£77,435	24% below HPI
1999 1 SEP	£29,000	£36,516	21% below HPI
1997 26 NOV	£20,000	£29,673	33% below HPI

What might 5A THE CLOSE be worth now?

5A THE CLOSE might now be worth an estimated £97,522.

This is based on house price inflation of 65.3%, between March 2003 and April 2026, for flats, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.3% inflationary increase is applied to the most recent sale price for 5A THE CLOSE of £59,000 on 3rd March 2003. For the value to have increased from £59,000 to £97,522 over the 22 years and eleven months to April 2026, the following assumptions must hold true:

• The value of 5A THE CLOSE has moved in line with the HPI for flats in the Tendring local authority area.
• The March 2003 sale price of £59,000 represented a fair market value for the property.
• The size, condition, and specification of 5A THE CLOSE has not materially changed since March 2003.

Where is 5A THE CLOSE?

5A THE CLOSE is located in JAYWICK, in the CO15 postcode district.