Average Price for property in Wood Lane, Hockley, SS5 is around £676,035 e.g. average price for detached house is around 676,035. Values have been changing and have risen £7,208 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,309 in last 6 months, £61,284 in last 1 year, £97,318 in last 2 years, £99,165 in last 3 years, £100,207 in last 4 years and £112,809 in last 5 years.
Currently average asking price of a property in Wood Lane, Hockley, SS5 is around £508,744 based on approximately 2 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 Wood Lane, Hockley, SS5 is £676,035. Average asking price is £508,744 while average price paid is £537,500 which is up by £61,284 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 Wood Lane, Hockley, SS5 area. In last 1 year alone average price buyer paid is around £537,500 based on approximately 2 sales in Wood Lane, Hockley, SS5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £497,666. 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 £542,000 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £545,600 per sale.