12, Raven Way
12, Raven Way
Description & Estimates
12, Raven Way, Hockley is recorded publicly as a modern freehold house across 1,959 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 12, Raven Way, Hockley is £697,456 and its rental estimate is £2,894 per month, given the available information and assuming reasonable condition.
Raven Way, Hullbridge, Hockley, SS5 falls within the SS5 postal district, in the borough of Rochford.
Our Data Sources
12, Raven Way, Hockley has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Raven Way, Hockley, we estimate a market value of £732,328 and a rental value of £3,038 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £648,634 and £2,691 per month respectively.
Recent Market Change
Over the last year, 12, Raven Way, Hockley has seen its estimated sale value move down by £7,541 (1.1%) and its estimated rental value increase by £63 per month (2.2%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
12, Raven Way, Hockley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Raven Way, Hockley completed on 18th August 2023 at £749,695 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.9% over the period since August 2023.
- Sold Aug 2023£749,695
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Raven Way, Hockley have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2023, was 10, Raven Way, Hockley, SS5 6FP, a freehold house which sold for £736,246.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Raven Way, Hullbridge, Hockley, SS5, 12, Raven Way, Hockley comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £240k more expensive than the average property across the SS5 district.
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Schools Nearby
- 700mRiverside Primary School
- 2.2kmCollingwood Primary School
- 2.5kmElmwood Primary School
- 2.6kmWilliam de Ferrers School
- 3.1kmThe Sweyne Park School
- 3.7kmThe FitzWimarc School
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Public Transport Nearby
From 12, Raven Way, Hockley, the nearest station is Battlesbridge, 2.8 kilometres away.
- 2.8kmBattlesbridge
- 2.9kmSouth Woodham Ferrers
- 3.8kmRayleigh
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
