Housing Market Analysis for NEW WAY, CO16 8LU

Are you looking to understand CO16 8LU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Tendring postcode.

For the location information and nearby amenities in the CO16 8LU area, explore the CO16 8LU Area information page.
For comprehensive crime statistics in the CO16 8LU area, explore the CO16 8LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CO16 8LU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £89,760 median price is £73,700 Standard Deviation is £69,443 with Total Sold: 32
    • The Last 5 Year average price is £188,500 with Total Sold: 5
    • The most recent sale happened at this postcode is 22 NEW WAY: £345,000 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is 16 NEW WAY: £30,000 (Sold on 25 Aug 1995)
  • Semi-Detached
    • The average price is around £120,833 median price is £122,000 Standard Deviation is £8,003 with Total Sold: 3
    • The most recent sale happened at this postcode is 18 NEW WAY: £122,000 (Sold on 16 Nov 2007)
    • The first recorded sale happened at this postcode is 6 NEW WAY: £130,000 (Sold on 17 Sep 2003)
  • Flat
    • The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 NEW WAY: £45,000 (Sold on 20 Jun 2003)
    • The first recorded sale happened at this postcode is 13 NEW WAY: £45,000 (Sold on 20 Jun 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average CO16 8LU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£292,500 £2,848 2
2020£118,750 £1,419 2
2019£120,000 £2,464 1
2017£172,000 £2,820 1
2015£90,800 £1,450 3
2014£75,000 £1,579 1
2011£72,000 £1,478 1
2009£150,000 £1,546 1
2007£128,0001
2006£57,000 £1,462 1
2005£117,5001
2004£113,625 £1,197 3
2003£60,700 £1,206 2
2002£47,475 £786 2
2000£39,400 £595 5
1999£42,000 £519 1
1997£39,0001
1996£10,350 £85 2
1995£30,000 £370 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£122,000 £2,905 1
2004£110,500 £1,116 1
2003£130,000 £1,313 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£45,0001

All the Sales in the NEW WAY, CO16 8LU

See the table below for more details on the sold house prices in the CO16 8LU, Tendring postcode.

AddressSold DatePrice% Change
22 NEW WAYDetached, FreeholdArea: 115 Sq.mtrAge: 1967-197517 Feb 2023£345,000First Sale
7 NEW WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1976-198206 Jan 2023£240,000243.10%
04 Oct 2002£69,950First Sale
3 NEW WAYDetached, FreeholdArea: 64 Sq.mtrAge: 1930-194930 Oct 2020£127,500136.11%
20 Oct 2000£54,000First Sale
10 NEW WAYDetached, FreeholdArea: 130 Sq.mtrAge: 1950-196624 Jul 2020£110,000First Sale
140 NEW WAYDetached, FreeholdArea: 48.71 Sq.mtrAge: 1950-196616 Oct 2019£120,00066.67%
12 May 2011£72,000First Sale
20 NEW WAYDetached, FreeholdArea: 61 Sq.mtrAge: 1930-194917 Aug 2017£172,000129.33%
04 Mar 2015£75,000First Sale
93A NEW WAYDetached, FreeholdArea: 39 Sq.mtrAge: 1967-197530 Oct 2015£72,40027.02%
28 Feb 2006£57,000First Sale
6 NEW WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1930-194909 Sep 2015£124,99913.12%
03 Aug 2004£110,500-15.00%
17 Sep 2003£130,000First Sale
11 NEW WAYDetached, FreeholdArea: 47.51 Sq.mtrAge: 1976-198215 Dec 2014£75,000First Sale
4 NEW WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1930-194917 Dec 2009£150,000-11.76%
30 Jun 2004£170,000First Sale
18 NEW WAYSemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1930-194916 Nov 2007£122,000First Sale
1 NEW WAYDetached, Freehold07 Sep 2007£128,0008.94%
28 Sep 2005£117,500201.28%
11 Apr 1997£39,000First Sale
9 NEW WAYDetached, FreeholdArea: 102 Sq.mtrAge: 1950-196603 Dec 2004£75,000First Sale
2 NEW WAYDetached, FreeholdArea: 87 Sq.mtrAge: 1976-198205 Nov 2004£95,874First Sale
8 NEW WAYDetached, FreeholdArea: 63.84 Sq.mtrAge: 1950-196618 Jul 2003£77,000First Sale
13 NEW WAYFlat, Leasehold20 Jun 2003£45,000First Sale
93 NEW WAYDetached, Freehold19 Jun 2003£44,40026.86%
29 Nov 2000£35,000First Sale
14 NEW WAYDetached, Freehold07 Oct 2002£25,000First Sale
12 NEW WAYDetached, FreeholdArea: 85 Sq.mtrAge: 1930-194928 Apr 2000£31,000First Sale
21 NEW WAYDetached, Freehold21 Feb 2000£47,000First Sale
5 NEW WAYDetached, FreeholdArea: 52 Sq.mtrAge: 1930-194914 Jan 2000£30,0004185.71%
04 Apr 1996£700First Sale
16 NEW WAYDetached, FreeholdArea: 81 Sq.mtrAge: 1900-192911 Oct 1999£42,00040.00%
25 Aug 1995£30,000First Sale
19 NEW WAYDetached, FreeholdArea: 128 Sq.mtrAge: 1967-197526 Jul 1996£20,000First Sale

Check out the sold house prices near the CO16 8LU postcode. Properties currently for saleProperties currently for rent

NEW WAY, CO16 8LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CO16 8LU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CO16 8LU postcode.

  • Detached
    • The average price is around £102,229 median price is £68,975 Standard Deviation is £93,317 with Total Sold: 350
    • The Last 5 Year average price is £190,400 with Total Sold: 60
    • The most recent sale happened at this postcode is , 6 EASTERN PROMENADE: £220,000 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is , 122 COLNE WAY: £22,000 (Sold on 23 Mar 1995)
  • Semi-Detached
    • The average price is around £131,609 median price is £135,000 Standard Deviation is £68,681 with Total Sold: 62
    • The Last 5 Year average price is £232,650 with Total Sold: 9
    • The most recent sale happened at this postcode is , 4 ALLEN WAY: £223,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 13 EASTERN PROMENADE: £14,200 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £245,600 median price is £180,000 Standard Deviation is £175,284 with Total Sold: 5
    • The Last 5 Year average price is £360,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 16 EASTERN PROMENADE: £425,000 (Sold on 21 Mar 2023)
    • The first recorded sale happened at this postcode is , 7 SAXON WAY: £127,000 (Sold on 28 Feb 2017)
  • Flat
    • The average price is around £48,600 median price is £45,000 Standard Deviation is £13,836 with Total Sold: 5
    • The most recent sale happened at this postcode is , 4 COLNE WAY: £55,000 (Sold on 07 Aug 2017)
    • The first recorded sale happened at this postcode is , 50 COLNE WAY: £33,000 (Sold on 18 Oct 2002)
  • Terraced
    • The average price is around £68,375 median price is £70,500 Standard Deviation is £29,607 with Total Sold: 8
    • The most recent sale happened at this postcode is , 116 COLNE WAY: £66,000 (Sold on 20 Apr 2010)
    • The first recorded sale happened at this postcode is , 6 COLNE WAY: £26,500 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,000 £4,490 2
2023£213,192 £2,586 13
2022£218,056 £3,278 9
2021£218,625 £2,725 12
2020£166,045 £2,209 11
2019£138,462 £2,114 13
2018£174,562 £2,252 8
2017£142,182 £1,833 11
2016£116,492 £1,817 20
2015£141,646 £1,475 13
2014£91,769 £1,409 13
2013£110,999 £1,452 9
2012£150,125 £2,364 4
2011£123,333 £1,729 6
2010£113,500 £1,871 2
2009£98,550 £1,603 10
2008£122,800 £1,773 5
2007£132,556 £1,306 9
2006£91,857 £1,290 14
2005£114,597 £1,211 15
2004£84,256 £1,276 20
2003£61,718 £990 14
2002£59,509 £775 25
2001£37,750 £718 10
2000£50,118 £627 19
1999£42,708 £556 12
1998£34,911 £434 17
1997£33,667 £439 9
1996£31,503 £399 15
1995£41,925 £461 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£223,000 £3,014 1
2022£231,667 £3,319 3
2021£240,837 £3,104 4
2019£212,500 £2,724 1
2018£202,000 £3,811 1
2017£175,000 £2,807 3
2016£189,333 £3,140 3
2015£215,000 £1,792 1
2014£132,500 £1,982 2
2010£162,998 £1,846 2
2009£165,000 £2,097 1
2008£170,000 £3,208 1
2007£151,833 £2,547 3
2006£138,500 £2,500 2
2004£129,531 £1,627 8
2003£127,600 £1,930 5
2002£111,250 £1,651 2
2001£77,667 £1,193 3
2000£80,248 £1,240 2
1999£48,000 £889 1
1998£56,998 £912 2
1997£53,000 £729 3
1996£40,900 £829 5
1995£27,217 £311 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,000 £3,220 1
2021£327,500 £2,756 2
2017£74,000 £1,050 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£55,000 £1,058 1
2007£55,000 £1,049 2
2003£45,0001
2002£33,000 £600 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£66,000 £1,535 1
2009£65,0001
2008£75,000 £1,230 1
2007£82,000 £1,952 1
2006£80,0001
2005£125,000 £1,225 1
2000£27,5001
1995£26,5001

House Type in CO16 8LU area

The most common house types in the CO16 8LU postcode area are Detached (166), Semi-detached (15), and Flat (4).

Total192
Detached166
Semi-detached15
Flat4
temporary structure3
Terraced2
Shared house2
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (95), and Private rented: Private landlord or letting agency (63).

Owned: Owns outright95
Private rented: Private landlord or letting agency63
Owned: Owns with a mortgage or loan24
Private rented: Other private rented8
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the CO16 8LU have 1 person in household (93), and 2 people in household (50).

1 person in household93
2 people in household50
3 people in household23
4 people in household16
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0