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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 21, Raven Way, Hockley is £561,985 and the estimated rental value is £2,270 per month.
Raven Way, Hullbridge, Hockley, SS5 is located in the borough of Rochford within the SS5 postal district.
21, Raven Way, Hockley has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated February 2024.
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 21, Raven Way, Hockley is in very good condition we estimate a sale value of £590,084 and a rental value of £2,384 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,646 and a rental value of £2,111 per month.
Over the past 12 months, the estimated sale value of 21, Raven Way, Hockley has declined by £3,629 (0.6%), while its estimated rental value has climbed by £54 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 4.8%.
21, Raven Way, Hockley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 21, Raven Way, Hockley was last sold on 17th May 2024 for £474,996 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped by 0.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Raven Way, Hockley within a radius of 770 metres over the last 2 years.
The most recent example is 21, Minke Mews, Hockley, SS5 6FR, a freehold house which sold for £474,996 on the 16th December 2024.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raven Way, Hullbridge, Hockley, SS5 has a total of 26 addresses. According to our analysis of all the public data, 21, Raven Way, Hockley is the 20th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in SS5.
The closest station to 21, Raven Way, Hockley is Battlesbridge station, which is 2.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 21, Raven Way, Hockley, 42.5% of property is privately owned outright and 37.0% 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 21, Raven Way, Hockley, 18.3% of residents are recorded as possessing school level qualifications and 24.5% 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 21, Raven Way, Hockley, the average age was 39.6 and the most common age was 52.
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 21, Raven Way, Hockley, 0.8% 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 21, Raven Way, Hockley, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.