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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Murrels Lane, Hockley is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,436 ft2 of internal area and sits on a 353 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Murrels Lane, Hockley is £600,590 and the estimated rental value is £3,012 per month.
Murrels Lane, Hockley, SS5 is located in the borough of Rochford within the SS5 postal district.
3, Murrels Lane, Hockley has a single entry in the Land Registry from April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Murrels Lane, Hockley is in very good condition we estimate a sale value of £630,619 and a rental value of £3,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £558,548 and a rental value of £2,801 per month.
Over the last 12 months the sale value of 3 Murrels Lane Hockley has decreased by an estimated £8,461 (1.4%) and its rental value has increased by an estimated £53 per month (1.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 3, Murrels Lane, Hockley sits on a plot of 353m2.
We have plot size data on 5 out of 8 other houses in the postcode and 3, Murrels Lane, Hockley sits on the 5th largest plot.
According to HM Land Registry, 3, Murrels Lane, Hockley was last sold on 30th April 2018 for £740,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Murrels Lane, Hockley within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 10, Wellington Road, Rayleigh, SS6 8EZ, a freehold house which sold for £420,000 on the 7th July 2023.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murrels Lane, Hockley, SS5 has a total of 8 addresses. According to our analysis of all the public data, 3, Murrels Lane, Hockley is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £146k more expensive than the average property in SS5.
The closest station to 3, Murrels Lane, Hockley is Hockley station which is 2.0 kilometres away.
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 3, Murrels Lane, Hockley, % 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 3, Murrels Lane, Hockley, 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 3, Murrels Lane, Hockley, 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 3, Murrels Lane, Hockley, 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.
