Average Price for property in Hockley is around £325,059 which varies based on type of property you are interested in and ranges from £445,644 for detached house to around £257,661 for semi-detached. Similarly terraced house is around £224,084 and a flat is worth £164,962. Values have been changing and have risen £2,863 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,299 in last 6 months, £28,650 in last 1 year, £49,968 in last 2 years, £57,683 in last 3 years, £52,636 in last 4 years and £58,406 in last 5 years.
Currently average asking price of a property in Hockley is around £508,744 based on approximately 297 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 Hockley is £325,059. Average asking price is £508,744 while average price paid is £306,010 which is up by £28,650 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 Hockley area. In last 1 year alone average price buyer paid is around £306,010 based on approximately 297 sales in Hockley area alone. If you compare it to last 3 years sales of 855 properties where buyers paid around £276,037. 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 £268,600 for 1,352 and average amount paid for purchase of approx. 1,860 properties sold in last 7 years comes to about £262,347 per sale.