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According to the public record, 1A, Merryfields Avenue, Hockley is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1A, Merryfields Avenue, Hockley is £136,414 and the estimated rental value is £895 per month.
The apartment is within 1, Merryfields Avenue, Hockley, SS5.
Merryfields Avenue, Hockley, SS5 is located in the borough of Rochford within the SS5 postal district.
1A, Merryfields Avenue, Hockley has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property 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 1A, Merryfields Avenue, Hockley is in very good condition we estimate a sale value of £143,235 and a rental value of £940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,865 and a rental value of £832 per month.
Over the last 12 months the sale value of 1A Merryfields Avenue Hockley has decreased by an estimated £632 (0.5%) and its rental value has increased by an estimated £21 per month (2.4%), giving an expected gross yield of 7.9%.
1A, Merryfields Avenue, Hockley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2018.
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, 1A, Merryfields Avenue, Hockley was last sold on 23rd November 2018 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2018, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 660 metres radius of 1A, Merryfields Avenue, Hockley over the last 2 years.
The most recent example is 10A, Marylands Avenue, Hockley, SS5 5AQ, a freehold house which sold for £355,000 on the 15th November 2024.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merryfields Avenue, Hockley, SS5 has a total of 44 addresses. According to our analysis of all the public data, 1A, Merryfields Avenue, Hockley is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £318k less expensive than the average property in SS5.
The closest station to 1A, Merryfields Avenue, Hockley is Hockley station which is 500 metres 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 1A, Merryfields Avenue, 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 1A, Merryfields Avenue, 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 1A, Merryfields Avenue, 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 1A, Merryfields Avenue, 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.