Average Price for property in Spencers, Hockley, SS5 is around £538,949 e.g. average price for detached house is around 538,949. Values have been changing and have risen £5,570 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,378 in last 6 months, £47,364 in last 1 year, £75,215 in last 2 years, £76,643 in last 3 years, £77,451 in last 4 years and £87,192 in last 5 years.
Currently average asking price of a property in Spencers, 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 Spencers, Hockley, SS5 is £538,949. Average asking price is £508,744 while average price paid is £570,000 which is up by £47,364 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 Spencers, Hockley, SS5 area. In last 1 year alone average price buyer paid is around £570,000 based on approximately 1 sales in Spencers, Hockley, SS5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £436,000. 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 £436,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £420,416 per sale.