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Read Close is a residential street with 11 addresses.
It ranks as the 109th largest and 314th most expensive of the 332 streets in the SS5 area. The dominant property type is a modern house built after 1980.
The street contains a total of 11 properties: 11 houses.
Read Close is a residential street with 11 addresses.
It ranks as the 109th largest and 314th most expensive of the 332 streets in the SS5 area. The dominant property type is a modern house built after 1980.
The street contains a total of 11 properties: 11 houses.
Sale prices range from £694,443 for 4 bedroom freehold houses with a garden (1,404 ft2) to £1,010,915 for 5 bedroom freehold houses with a garden (2,647 ft2) .
Monthly rental prices range from £2,466 pcm for 4 bed houses to £3,686 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 4.7%.
The average value per square foot is £469.
The last sale on Read Close sold for £790,000 on 22nd July 2025. Since then prices are down an average of 2.4%.
The current average value in the street is £785,315.
The Read Close Sales Market has increased by 29.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £785,315 |
| April 2025 | 3.5% | £794,655 |
| April 2024 | -2.7% | £767,494 |
| April 2023 | -0.4% | £788,460 |
| April 2022 | 9.1% | £791,554 |
| April 2021 | 8.4% | £725,799 |
| April 2020 | 0.2% | £669,468 |
| April 2019 | 3.5% | £668,421 |
| April 2018 | 1.2% | £645,891 |
| April 2017 | 5.3% | £638,340 |
| April 2016 | 10.4% | £606,257 |
| April 2015 | 11.5% | £549,351 |
| April 2014 | 9.1% | £492,520 |
| April 2013 | 3.8% | £451,532 |
| April 2012 | 2.4% | £434,988 |
| April 2011 | 0.2% | £424,666 |
| April 2010 | 5.5% | £423,851 |
| April 2009 | -11.3% | £401,800 |
| April 2008 | 7% | £453,008 |
| April 2007 | 0% | £423,224 |
The current average rental value in the street is £2,846.
The Read Close Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £2,846pcm |
| April 2025 | 7.7% | £2,795pcm |
| April 2024 | 6.7% | £2,595pcm |
| April 2023 | 7.3% | £2,431pcm |
| April 2022 | 7% | £2,265pcm |
| April 2021 | 7.4% | £2,116pcm |
| April 2020 | 1.7% | £1,971pcm |
| April 2019 | 1.1% | £1,938pcm |
| April 2018 | 3.4% | £1,918pcm |
| April 2017 | 2.9% | £1,855pcm |
| April 2016 | 4.7% | £1,803pcm |
| April 2015 | 4.9% | £1,721pcm |
| April 2014 | 2.8% | £1,640pcm |
| April 2013 | 4.2% | £1,596pcm |
| April 2012 | 3.2% | £1,532pcm |
| April 2011 | 3.2% | £1,484pcm |
| April 2010 | 6.4% | £1,438pcm |
| April 2009 | -4.7% | £1,352pcm |
| April 2008 | 6.2% | £1,419pcm |
| April 2007 | 0% | £1,337pcm |
The last sale was on 22nd July 2025 for £790,000 and since then the market in the area has decreased by 2.4%. The street has had a total of 15 sales since 1995.
Read Close, Hockley, SS5 has seen 1 sale in the last three years and 1 sale in the last twelve months.
Read Close, Hockley, SS5 is the 109th largest and the 314th most expensive street in the SS5 area.
There is 1 postcode on Read Close, Hockley, SS5.
The closest station to Read Close, Hockley, SS5 is Hockley station which is 1.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Read Close, Hockley, SS5, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Read Close, Hockley, SS5, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Read Close, Hockley, SS5, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Read Close, Hockley, SS5, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.