Flat 1, 173
Flat 1, 173
Description & Estimates
According to the public record, Flat 1, 173, Ferry Road, Hockley is a modern leasehold apartment with 775 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 Flat 1, 173, Ferry Road, Hockley is £242,358 and the estimated rental value is £1,072 per month.
The apartment is within 173, Ferry Road, Hullbridge, Hockley, SS5.
Ferry Road, Hullbridge, Hockley, SS5 is located in the borough of Rochford within the SS5 postal district.
Our Data Sources
Flat 1, 173, Ferry Road, Hockley has a single entry in the Land Registry from July 2014 and a single entry in the EPC database dated June 2020.
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.
Price Range & Condition
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 Flat 1, 173, Ferry Road, Hockley is in very good condition we estimate a sale value of £254,475 and a rental value of £1,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,393 and a rental value of £997 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 173, Ferry Road, Hockley has moved down by £897 (0.4%), while its estimated rental value has increased by £25 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
Flat 1, 173, Ferry Road, Hockley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, Flat 1, 173, Ferry Road, Hockley was last sold on 24th July 2014 for £202,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has risen by 49.2%.
- Sold Jul 2014£202,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 173, Ferry Road, Hockley within a radius of 580 metres over the last 2 years.
The most recent example is 137B, Ferry Road, Hockley, SS5 6ET, a leasehold flat which sold for £246,500 on the 31st May 2024.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ferry Road, Hullbridge, Hockley, SS5 has a total of 275 addresses. According to our analysis of all the public data, Flat 1, 173, Ferry Road, Hockley is the 173rd largest and the 227th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in SS5.
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Schools Nearby
- 400mRiverside Primary School
- 2.0kmCollingwood Primary School
- 2.4kmElmwood Primary School
- 2.4kmWilliam de Ferrers School
- 3.3kmThe Sweyne Park School
- 3.7kmThe FitzWimarc School
More reading links
Public Transport Nearby
The closest station to Flat 1, 173, Ferry Road, Hockley is South Woodham Ferrers station, which is 2.9 kilometres away.
- 2.9kmSouth Woodham Ferrers
- 3.2kmBattlesbridge
- 3.9kmHockley
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
