Average Price for property in Folly Lane, Hockley, SS5 is around £418,346 which varies based on type of property you are interested in and ranges from £557,700 for detached house to around £304,338 for semi-detached. Similarly terraced house is around £278,771. Values have been changing and have risen £4,541 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,905 in last 6 months, £38,609 in last 1 year, £61,312 in last 2 years, £62,479 in last 3 years, £63,136 in last 4 years and £71,079 in last 5 years.
Currently average asking price of a property in Folly Lane, Hockley, SS5 is around £508,744 based on approximately 3 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £1,404 per month.
Estimated property value in Folly Lane, Hockley, SS5 is £418,346. Average asking price is £508,744 while average price paid is £265,666 which is up by £38,609 and Avg. asking rent £1,404.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Folly Lane, Hockley, SS5 area. In last 1 year alone average price buyer paid is around £265,666 based on approximately 3 sales in Folly Lane, Hockley, SS5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £396,714. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £393,400 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £354,533 per sale.