4 Read Close

    4, READ CLOSE, HOCKLEY, SS5 4LS

    This detached freehold property on Read Close last sold in February 2019 for £500,000. Based on price growth in the SS5 district since then, its estimated current value is £597,226 — placing it in the 86th percentile nationally and the 80th percentile within SS5. The property covers 191 m² (2,056 sq ft), giving an estimated value of £3,127 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,056 sq ft

    191 m²

    Last Sale Price

    £500,000

    Feb 2019

    Estimated Valuation

    £597,226

    Est. £/sq ft

    £291/sq ft

    £3,127/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,056 sq ft (191 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2019

    £500,000

    Key Metrics

    Estimated valuation£597,226
    Value per sq ft / m²£291/sq ft (£3,127/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SS5 district percentile80th percentile
    National percentile86th percentile

    District Context — SS5

    SS5 covers parts of southern Essex, including areas around Southend-on-Sea and the surrounding coastal communities. It is a mature, established residential district with a strong owner-occupier base and significant retiree population.

    Average Property Price - SS5

    £483,359

    79

    National percentile

    Average Net Household Income - SS5

    £10,583

    1

    National percentile

    10-Year Annualised Price Growth - SS5

    3.4%

    45

    National percentile

    10-Year Annualised Rent Growth - SS

    3.9%

    53

    National percentile

    View full analysis for SS5

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