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Russet Way is a residential street with 55 addresses.
It ranks as the 274th largest and 109th most expensive of the 329 streets in the SS5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 55 properties: 55 houses.
Russet Way is a residential street with 55 addresses.
It ranks as the 274th largest and 109th most expensive of the 329 streets in the SS5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 55 properties: 55 houses.
Sale prices range from £240,744 for 2 bedroom freehold houses with a garden (376 ft2) to £533,153 for 4 bedroom freehold houses with a garden (1,479 ft2) .
Monthly rental prices range from £1,131 pcm for 2 bed houses to £2,354 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 6.1%.
The average value per square foot is £399.
The last sale on Russet Way sold for £395,000 on 1st November 2024. Since then prices are up an average of 2.0%.
The current average value in the street is £406,111.
The Russet Way Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £406,111 |
| May 2025 | 4.5% | £409,181 |
| May 2024 | -2.3% | £391,412 |
| May 2023 | -1.5% | £400,655 |
| May 2022 | 9.7% | £406,775 |
| May 2021 | 8% | £370,647 |
| May 2020 | 0.6% | £343,086 |
| May 2019 | 3% | £341,146 |
| May 2018 | 0.9% | £331,314 |
| May 2017 | 4.3% | £328,257 |
| May 2016 | 11.1% | £314,607 |
| May 2015 | 13.5% | £283,273 |
| May 2014 | 11.3% | £249,524 |
| May 2013 | -1.1% | £224,147 |
| May 2012 | 1.5% | £226,640 |
| May 2011 | 1.6% | £223,216 |
| May 2010 | 6.2% | £219,667 |
| May 2009 | -11.1% | £206,759 |
| May 2008 | 3.8% | £232,521 |
| May 2007 | 0% | £223,919 |
The current average rental value in the street is £1,920.
The Russet Way Rental Market has increased by 59.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £1,920pcm |
| May 2025 | 7.9% | £1,874pcm |
| May 2024 | 6.8% | £1,737pcm |
| May 2023 | 7.2% | £1,626pcm |
| May 2022 | 7.8% | £1,517pcm |
| May 2021 | 7.5% | £1,407pcm |
| May 2020 | 1.5% | £1,309pcm |
| May 2019 | 0.7% | £1,290pcm |
| May 2018 | 3.4% | £1,280pcm |
| May 2017 | 3.1% | £1,238pcm |
| May 2016 | 5.6% | £1,201pcm |
| May 2015 | 6.2% | £1,137pcm |
| May 2014 | 3.3% | £1,071pcm |
| May 2013 | 0% | £1,037pcm |
| May 2012 | 2.1% | £1,036pcm |
| May 2011 | 4.1% | £1,015pcm |
| May 2010 | 7.5% | £975pcm |
| May 2009 | -4.6% | £907pcm |
| May 2008 | 3.3% | £951pcm |
| May 2007 | 0% | £921pcm |
The last sale was on 1st November 2024 for £395,000 and since then the market in the area has increased by 2.0%. The street has had a total of 50 sales since 1995.
Russet Way, Hockley, SS5 has seen 2 sales in the last three years and no sales in the last twelve months.
Russet Way, Hockley, SS5 is the 274th largest and the 109th most expensive street in the SS5 area.
There are 2 postcodes on Russet Way, Hockley, SS5.
The closest station to Russet Way, Hockley, SS5 is Hockley station, which is 800 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Russet Way, 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 Russet Way, 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 Russet Way, 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 Russet Way, 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.