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251A, Ferry Road, Hockley is recorded publicly as a mid-century leasehold apartment across 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 251A, Ferry Road, Hockley is £114,218 and its rental estimate is £678 per month, given the available information and assuming reasonable condition.
Ferry Road, Hullbridge, Hockley, SS5 falls within the SS5 postal district, in the borough of Rochford.
251A, Ferry Road, Hockley has a single entry in the Land Registry from July 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 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 251A, Ferry Road, Hockley, we estimate a market value of £119,929 and a rental value of £712 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £106,223 and £630 per month respectively.
Over the last year, 251A, Ferry Road, Hockley has seen its estimated sale value move down by £423 (0.4%) and its estimated rental value increase by £16 per month (2.3%). This results in an estimated gross rental yield of 7.1%.
251A, Ferry Road, Hockley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 251A, Ferry Road, Hockley completed on 31st July 2018 at £245,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.3% over the period since July 2018.
Over the past 2 years 2 properties similar to 251A, Ferry Road, Hockley have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th November 2024, was 249A, Ferry Road, Hockley, SS5 6NA, a leasehold flat which sold for £110,000.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 275 addresses on Ferry Road, Hullbridge, Hockley, SS5, 251A, Ferry Road, Hockley comes out as the 194th largest and the 267th most expensive in our analysis of the public data.
It is also £343k less expensive than the average property across the SS5 district.
From 251A, Ferry Road, Hockley, the nearest station is South Woodham Ferrers, 2.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 251A, Ferry Road, 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 251A, Ferry Road, 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 251A, Ferry Road, 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 251A, Ferry Road, 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 251A, Ferry Road, 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.