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Company No. 11113204
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According to the public record, 18, Wallace Close, Hockley is a mid-century freehold house with 818 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Wallace Close, Hockley is £293,854 and the estimated rental value is £1,576 per month.
Wallace Close, Hullbridge, Hockley, SS5 is located in the borough of Rochford within the SS5 postal district.
18, Wallace Close, Hockley has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated April 2019.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Wallace Close, Hockley is in very good condition we estimate a sale value of £308,547 and a rental value of £1,655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,284 and a rental value of £1,466 per month.
Over the last 12 months the sale value of 18 Wallace Close Hockley has decreased by an estimated £4,078 (1.4%) and its rental value has increased by an estimated £30 per month (1.9%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 18, Wallace Close, Hockley sits on a plot of 130m2.
We have plot size data on 21 out of 23 other houses in the postcode and 18, Wallace Close, Hockley sits on the 15th largest plot.
18, Wallace Close, Hockley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Wallace Close, Hockley was last sold on 28th June 2019 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Wallace Close, Hockley within a radius of 770 metres over the last 2 years.
The most recent example is 8, Wallace Close, Hockley, SS5 6NE, a freehold house which sold for £300,000 on the 15th November 2024.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallace Close, Hullbridge, Hockley, SS5 has a total of 23 addresses. According to our analysis of all the public data, 18, Wallace Close, Hockley is the 19th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in SS5.
The closest station to 18, Wallace Close, Hockley is South Woodham Ferrers station which is 2.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 18, Wallace Close, Hockley, 42.7% of property is privately owned outright and 32.8% is privately owned with a mortgage.
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 18, Wallace Close, Hockley, 13.3% of residents are recorded as possessing school level qualifications and 19.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Wallace Close, Hockley, the average age was 48.8 and the most common age was 72.
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 18, Wallace Close, Hockley, 0.5% 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 18, Wallace Close, Hockley, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
