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House Prices in SS5

The average house price in SS5 (Hockley) is £438,000 using HM Land Registry data.

The average property price increased by £103,831 (20.83%) over the last 5 years and increased by £20,757 (3.26%) over the last 12 months.

Over the last year, there were 235 residential property sales – a decrease of 152 transactions (-64.68%) relative to the previous year. The majority of house sales (70) were in the £336,000 - £402,000 range. Then came properties in the £402,000 - £468,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,000 (-1%).

In June 2024, there were 56 new estate agency instructions, 39 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in SS5 (Hockley)

20.83%

Property prices in Hockley increased by 20.83% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SS5 (Hockley) Over the Last Year

3.26%

Property prices in Hockley increased by 3.26% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for SS5 (Hockley) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SS5 (Hockley)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SS5 (Hockley)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SS5 (Hockley)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SS5 (Hockley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SS5 postcode area since 1995.

Recent Sales in SS5 (Hockley)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
221 Rectory Road, Hawkwell, Hockley, Essex, SS5 4LF	£400,000	£400,000	£00	18 Jan 2024	06 Mar 2024	48 Days
22 Hawkwell Road, Hockley, Essex, SS5 4DA	£350,000	£330,000	-£20,000	15 Aug 2023	17 Jan 2024	155 Days
34 Elm Grove, Hullbridge, Hockley, Essex, SS5 6ER	£415,000	£390,000	-£25,000	03 Jan 2023	18 Dec 2023	349 Days
87 Lower Road, Hullbridge, Hockley, Essex, SS5 6DD	£330,000	£310,000	-£20,000	28 Jun 2023	15 Dec 2023	170 Days
6 Belvedere Avenue, Hockley, Essex, SS5 4UL	£475,000	£460,000	-£15,000	31 Aug 2023	14 Dec 2023	105 Days
30 Creek View Avenue, Hullbridge, Hockley, Essex, SS5 6LU	£625,000	£620,000	-£5,000	04 May 2023	13 Nov 2023	193 Days
44 Burnham Road, Hullbridge, Hockley, Essex, SS5 6BQ	£400,000	£400,000	£00	28 Jun 2023	03 Nov 2023	128 Days
51 Hilltop Avenue, Hullbridge, Hockley, Essex, SS5 6BL	£600,000	£600,000	£00	08 Aug 2023	18 Oct 2023	71 Days
48 Buckingham Road, Hockley, Essex, SS5 4UE	£267,500	£267,500	£00	07 Jul 2023	18 Sep 2023	73 Days
2 Willow Close, Hockley, Essex, SS5 5DH	£575,000	£570,000	-£5,000	28 Apr 2023	15 Sep 2023	140 Days
68 Burnham Road, Hullbridge, Hockley, Essex, SS5 6BQ	£425,000	£420,000	-£5,000	03 Jul 2023	13 Sep 2023	72 Days
62 Southview Road, Hockley, Essex, SS5 5DY	£450,000	£446,500	-£3,500	03 Jan 2023	30 Aug 2023	239 Days
2 Malyons Lane, Hullbridge, Hockley, Essex, SS5 6EN	£380,000	£365,500	-£14,500	01 Mar 2023	30 Aug 2023	182 Days
34 Abbey Road, Hullbridge, Hockley, Essex, SS5 6DG	£450,000	£405,000	-£45,000	14 Mar 2023	11 Aug 2023	150 Days
43 Woodside Chase, Hockley, Essex, SS5 4NB	£475,000	£465,000	-£10,000	11 Apr 2023	10 Aug 2023	121 Days
238 Main Road, Hawkwell, Hockley, Essex, SS5 4EG	£650,000	£650,000	£00	25 Feb 2023	09 Aug 2023	165 Days
60 Grasmere Avenue, Hullbridge, Hockley, Essex, SS5 6LF	£550,000	£537,500	-£12,500	31 Mar 2023	08 Aug 2023	130 Days
41 Hillcrest Avenue, Hullbridge, Hockley, Essex, SS5 6HD	£375,000	£370,000	-£5,000	02 May 2023	28 Jul 2023	87 Days
39 Glencrofts, Hockley, Essex, SS5 4GN	£895,000	£870,000	-£25,000	10 Feb 2023	28 Jul 2023	168 Days
259 Rectory Road, Hawkwell, Hockley, Essex, SS5 4LA	£325,000	£315,000	-£10,000	02 Mar 2023	19 Jul 2023	139 Days

Most Expensive Streets in SS5 (Hockley)

Postcode	Street	Area	Average	No. of Sales
SS5 4TA	High Road	Hockley	£1,256,916	6
SS5 5JN	Greensward Lane	Hockley	£1,055,000	4
SS5 4SS	Church Mews	Hockley	£1,005,000	4
SS5 4SZ	High Road	Hockley	£939,373	4
SS5 5JH	Greensward Lane	Hockley	£912,000	3
SS5 5PA	Etheldore Avenue	Hockley	£902,600	5
SS5 6QB	Kingsmans Farm Road, Hullbridge	Hockley	£869,500	7
SS5 5NU	Wood Avenue	Hockley	£850,625	8
SS5 4FZ	Samuel Bailey Drive	Hockley	£843,000	3
SS5 4GB	Regal Avenue	Hockley	£826,625	4

Least Expensive Streets in SS5 (Hockley)

Postcode	Street	Area	Average	No. of Sales
SS5 4AZ	Spa Road	Hockley	£231,875	4
SS5 4LX	Southend Road	Hockley	£239,333	3
SS5 6ND	Ferry Road, Hullbridge	Hockley	£240,000	7
SS5 6NH	Riverview Walk, Hullbridge	Hockley	£245,000	5
SS5 4UA	Barnwell Drive	Hockley	£250,400	5
SS5 4PQ	Southend Road	Hockley	£250,833	9
SS5 5AA	Elmwood Court, Plumberow Avenue	Hockley	£257,375	4
SS5 4XQ	Sudeley Gardens	Hockley	£259,250	14
SS5 4BQ	Clayswell Court, Station Approach	Hockley	£260,000	3
SS5 4TW	Regency Court, Station Approach	Hockley	£260,892	7