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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 7, 1, Southend Road, Hockley is £241,896 and the estimated rental value is £1,166 per month.
The apartment is within 1, Southend Road, Hockley, SS5.
Southend Road, Hockley, SS5 is located in the borough of Rochford within the SS5 postal district.
Flat 7, 1, Southend Road, Hockley has a single entry in the Land Registry from October 2008 and a single entry in the EPC database dated December 2024.
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.
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 7, 1, Southend Road, Hockley is in very good condition we estimate a sale value of £253,991 and a rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,964 and a rental value of £1,084 per month.
Over the last 12 months the sale value of Flat 7 1 Southend Road Hockley has decreased by an estimated £895 (0.4%) and its rental value has increased by an estimated £27 per month (2.3%), giving an expected gross yield of 5.8%.
Flat 7, 1, Southend Road, Hockley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 7, 1, Southend Road, Hockley was last sold on 30th October 2008 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2008, the market for similar properties has risen 43.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 1, Southend Road, Hockley within a radius of 610 metres over the last 2 years.
The most recent example is 99, Barnwell Drive, Hockley, SS5 4UZ, a leasehold flat which sold for £220,000 on the 27th September 2024.
Read more about house prices in SS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southend Road, Hockley, SS5 has a total of 108 addresses. According to our analysis of all the public data, Flat 7, 1, Southend Road, Hockley is the 94th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in SS5.
The closest station to Flat 7, 1, Southend Road, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, 1, Southend Road, 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 Flat 7, 1, Southend Road, 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 Flat 7, 1, Southend Road, 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 Flat 7, 1, Southend Road, 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.