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House Prices in SS5

The average house price in SS5 (Hockley) is £508,611 using HM Land Registry data.

The average property price increased by £89,785 (20.83%) over the last 5 years and increased by £17,990 (3.26%) over the last 12 months.

Over the last year, there were 221 residential property sales – a decrease of 106 transactions (-47.96%) relative to the previous year. The majority of house sales (69) were in the £354,000 - £428,000 range. Then came properties in the £280,000 - £354,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,000 (-1%).

In Oct 24, there were 64 new estate agency instructions, 47 agreed home sales and 42 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) - Oct 24

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
40 White Hart Lane, Hockley, Essex, SS5 4DW	£650,000	£625,000	-£25,000	31 Oct 2023	16 Jul 2024	259 Days
9 Brookside, Hockley, Essex, SS5 4EW	£425,000	£415,000	-£10,000	25 Jul 2023	05 Jul 2024	346 Days
63 Crouch Avenue, Hullbridge, Hockley, Essex, SS5 6BS	£300,000	£295,000	-£5,000	12 Sep 2023	14 Jun 2024	276 Days
24 Wood Avenue, Hockley, Essex, SS5 5NU	£875,000	£862,500	-£12,500	14 Nov 2023	24 May 2024	192 Days
86 Hillcrest Avenue, Hullbridge, Hockley, Essex, SS5 6HE	£375,000	£370,000	-£5,000	27 Nov 2023	21 Mar 2024	115 Days
115 Burnham Road, Hullbridge, Hockley, Essex, SS5 6HQ	£325,000	£315,000	-£10,000	29 Nov 2023	15 Mar 2024	107 Days
37 Thorpedene Avenue, Hullbridge, Hockley, Essex, SS5 6JA	£365,000	£350,000	-£15,000	06 Sep 2023	08 Mar 2024	184 Days
221 Rectory Road, Hawkwell, Hockley, Essex, SS5 4LF	£400,000	£400,000	£00	18 Jan 2024	06 Mar 2024	48 Days
42 Broadlands Road, Hockley, Essex, SS5 5DS	£525,000	£525,000	£00	29 Sep 2023	06 Mar 2024	159 Days
16 Elizabeth Close, Hockley, Essex, SS5 4NQ	£425,000	£420,000	-£5,000	10 Oct 2023	06 Mar 2024	148 Days
9 The Drive, Hullbridge, Hockley, Essex, SS5 6LZ	£700,000	£650,000	-£50,000	18 Nov 2023	28 Feb 2024	102 Days
7 Hamilton Gardens, Hockley, Essex, SS5 5BT	£325,000	£310,000	-£15,000	04 Oct 2023	26 Feb 2024	145 Days
43 Russet Way, Hockley, Essex, SS5 5PJ	£525,000	£500,000	-£25,000	29 Jun 2023	23 Feb 2024	239 Days
11 Marylands Avenue, Hockley, Essex, SS5 5AQ	£425,000	£420,000	-£5,000	07 Nov 2023	16 Feb 2024	101 Days
21 Belchamps Way, Hockley, Essex, SS5 4NT	£450,000	£450,000	£00	19 Apr 2023	02 Feb 2024	289 Days
Sunbridge, Beckney Avenue, Hockley, Essex, SS5 5NR	£1,100,000	£1,050,000	-£50,000	06 Sep 2023	19 Jan 2024	135 Days
22 Hawkwell Road, Hockley, Essex, SS5 4DA	£350,000	£330,000	-£20,000	15 Aug 2023	17 Jan 2024	155 Days
59 Southview Road, Hockley, Essex, SS5 5EF	£450,000	£440,000	-£10,000	27 Jul 2023	17 Jan 2024	174 Days
41 Hawkwell Road, Hockley, Essex, SS5 4DD	£750,000	£750,000	£00	11 May 2023	16 Jan 2024	250 Days
34 Elm Grove, Hullbridge, Hockley, Essex, SS5 6ER	£415,000	£390,000	-£25,000	03 Jan 2023	18 Dec 2023	349 Days

Most Expensive Streets in SS5 (Hockley)

Postcode	Street	Area	Average	No. of Sales
SS5 5JN	Greensward Lane	Hockley	£1,300,000	3
SS5 4TA	High Road	Hockley	£1,256,916	6
SS5 4SZ	High Road	Hockley	£939,373	4
SS5 5JH	Greensward Lane	Hockley	£912,000	3
SS5 6QB	Kingsmans Farm Road, Hullbridge	Hockley	£869,500	7
SS5 5NL	Ricbra, Lower Road	Hockley	£863,750	4
SS5 5PA	Etheldore Avenue	Hockley	£863,000	6
SS5 4FZ	Samuel Bailey Drive	Hockley	£843,000	3
SS5 4GB	Regal Avenue	Hockley	£823,800	5
SS5 5NU	Wood Avenue	Hockley	£816,562	8

Least Expensive Streets in SS5 (Hockley)

Postcode	Street	Area	Average	No. of Sales
SS5 4AZ	Spa Road	Hockley	£231,875	4
SS5 6ND	Ferry Road, Hullbridge	Hockley	£234,687	8
SS5 6NH	Riverview Walk, Hullbridge	Hockley	£240,000	3
SS5 4PQ	Southend Road	Hockley	£247,750	10
SS5 4UA	Barnwell Drive	Hockley	£250,400	5
SS5 4XJ	Romsey Close	Hockley	£252,050	10
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	£265,156	8