Average Price for property in Spa Road, Hockley, SS5 is around £264,007 which varies based on type of property you are interested in and ranges from £270,108 for detached house to around £167,335 for semi-detached. Similarly terraced house is around £308,193 and a flat is worth £149,635. Values have been changing and have risen £2,664 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,396 in last 6 months, £22,642 in last 1 year, £35,958 in last 2 years, £36,645 in last 3 years, £37,034 in last 4 years and £41,692 in last 5 years.
Currently average asking price of a property in Spa Road, Hockley, SS5 is around £508,744 based on approximately 1 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 Spa Road, Hockley, SS5 is £264,007. Average asking price is £508,744 while average price paid is £245,000 which is up by £22,642 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 Spa Road, Hockley, SS5 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 1 sales in Spa Road, Hockley, SS5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £189,375. 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 £189,375 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £250,500 per sale.