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According to the public record, 31, Padgetts Way, Hockley is a mid-century freehold house with 1,045 ft2 of internal area and sits on a 223 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 31, Padgetts Way, Hockley is £393,651 and the estimated rental value is £1,921 per month.
Padgetts Way, Hullbridge, Hockley, SS5 is located in the borough of Rochford within the SS5 postal district.
31, Padgetts Way, Hockley has a single entry in the Land Registry from June 2009 and a single entry in the EPC database dated February 2009.
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 31, Padgetts Way, Hockley is in very good condition we estimate a sale value of £413,334 and a rental value of £2,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,096 and a rental value of £1,787 per month.
Over the last 12 months the sale value of 31 Padgetts Way Hockley has decreased by an estimated £2,802 (0.7%) and its rental value has increased by an estimated £47 per month (2.5%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 31, Padgetts Way, Hockley sits on a plot of 223m2.
We have plot size data on 23 out of 27 other houses in the postcode and 31, Padgetts Way, Hockley sits on the 13th largest plot.
31, Padgetts Way, Hockley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 31, Padgetts Way, Hockley was last sold on 4th June 2009 for £170,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2009, the market for similar properties has risen 103.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Padgetts Way, Hockley within a radius of 810 metres over the last 2 years.
The most recent example is 5, Padgetts Way, Hockley, SS5 6LR, a freehold house which sold for £450,000 on the 19th October 2022.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Padgetts Way, Hullbridge, Hockley, SS5 has a total of 27 addresses. According to our analysis of all the public data, 31, Padgetts Way, Hockley is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in SS5.
The closest station to 31, Padgetts Way, Hockley is South Woodham Ferrers station which is 2.5 kilometres away.
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 31, Padgetts Way, Hockley, 50.0% of property is privately owned outright and 35.8% 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 31, Padgetts Way, Hockley, 21.0% of residents are recorded as possessing school level qualifications and 19.1% 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 31, Padgetts Way, 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 31, Padgetts Way, Hockley, 0.3% 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 31, Padgetts Way, Hockley, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
