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Rochford House Prices Rochford House Prices

The average house price in Rochford is £250,857 using HM Land Registry data.

The average property price increased by £12,449 (3.68%) over the last 5 years and increased by £2,488 (0.72%) over the last 12 months.

Over the last year, there were 130 residential property sales – a decrease of 97 transactions (-74.62%) relative to the previous year. The majority of house sales (41) were in the £322,000 - £386,000 range. Then came properties in the £258,000 - £322,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,544 (-1%).

In April 2024, there were 40 new estate agency instructions, 15 agreed home sales and 22 property price reductions.

Neighbouring Areas: Ashingdon, Hockley and Hawkwell, Southend-on-Sea

Postcodes Covered: SS4, SS5

5-Year Average Property Prices in Rochford

3.68%

Property prices in Rochford increased by 3.68% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Rochford Over the Last Year

0.72%

Property prices in Rochford increased by 0.72% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Rochford - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Rochford

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Rochford

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Rochford

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Rochford since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Rochford area since 1995.

Recent Property Sales in Rochford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
68 Somerset Avenue, Rochford, Essex, SS4 1QA£365,000£357,500-£7,50010 Aug 202314 Dec 2023126 Days
115a, Southend Road, Rochford, Essex, SS4 1HX£140,000£136,500-£3,50010 Jan 202201 Dec 2023690 Days
111 Lesney Gardens, Rochford, Essex, SS4 1TZ£140,000£132,500-£7,50010 Jul 202324 Nov 2023137 Days
39 Lesney Gardens, Rochford, Essex, SS4 1TY£125,000£122,500-£2,50021 Jun 202310 Nov 2023142 Days
2 Ashcombe, Rochford, Essex, SS4 1SW£380,000£375,000-£5,00027 May 202310 Nov 2023167 Days
26 Lingfield Drive, Rochford, Essex, SS4 1EA£550,000£542,500-£7,50005 Jul 202310 Nov 2023128 Days
59 Parklands, Rochford, Essex, SS4 1SJ£280,000£271,000-£9,00026 Jun 202331 Oct 2023127 Days
8 Greenlands, Rochford, Essex, SS4 1ST£325,000£325,000£0028 Mar 202318 Oct 2023204 Days
Flat 36, Lucam Lodge, The Garners, Rochford, Essex, SS4 1DS£115,000£106,000-£9,00003 Mar 202309 Oct 2023220 Days
Flat 24, Rocheforte House, Roche Close, Rochford, Essex, SS4 1PW£209,500£205,000-£4,50006 Apr 202306 Oct 2023183 Days
73 Somerset Avenue, Rochford, Essex, SS4 1QB£310,000£292,500-£17,50016 Jan 202326 Sep 2023253 Days
30 Leecon Way, Rochford, Essex, SS4 1TU£130,000£128,750-£1,25017 Nov 202206 Sep 2023293 Days
25 Oxford Road, Rochford, Essex, SS4 1TG£425,000£425,000£0029 Apr 202304 Sep 2023128 Days
70 Parklands, Rochford, Essex, SS4 1SJ£325,000£310,000-£15,00019 May 202325 Aug 202398 Days
9 Mornington Avenue, Rochford, Essex, SS4 1DW£450,000£450,000£0021 Apr 202325 Aug 2023126 Days
1a, Doggetts Close, Rochford, Essex, SS4 1ED£320,000£315,000-£5,00020 May 202311 Aug 202383 Days
26 Steeple Close, Rochford, Essex, SS4 1TX£110,000£106,000-£4,00015 Mar 202310 Aug 2023148 Days
3 Stambridge Road, Rochford, Essex, SS4 1DG£355,000£355,000£0020 Apr 202308 Aug 2023110 Days
Flat 10, Glenmore House, East Street, Rochford, Essex, SS4 1EQ£165,000£152,000-£13,00004 Aug 202201 Aug 2023362 Days
32 Sutton Court Drive, Rochford, Essex, SS4 1HS£300,000£300,000£0027 Feb 202327 Jul 2023150 Days

Most Expensive Streets in Rochford

PostcodeStreetAreaAverageNo. of Sales
SS4 1XPClover GardensRochford£661,0878
SS4 1NSOak RoadRochford£660,0004
SS4 1XYFrederick CourtRochford£623,7454
SS4 1FTCharles CrescentRochford£621,7107
SS4 1YJCharlotte CloseRochford£559,09510
SS4 1FSElizabeth GardensRochford£558,86026
SS4 1XUArthur CourtRochford£546,6626
SS4 1RADalys RoadRochford£535,7147
SS4 1XJJubilee GardensRochford£528,5464
SS4 1FNCharles CrescentRochford£519,9988

Least Expensive Streets in Rochford

PostcodeStreetAreaAverageNo. of Sales
SS4 1FFAshingdon RoadRochford£141,28223
SS4 1TULeecon WayRochford£142,72510
SS4 1TXSteeple CloseRochford£143,32510
SS4 1DSLucam LodgeThe Garners£145,6666
SS4 1PUOrmond HouseRoche Close£145,6669
SS4 1TTSandon CloseRochford£146,3128
SS4 1DFGrested CourtEast Street, Rochford£154,6669
SS4 1QZAshingdon RoadRochford£155,0003
SS4 1EQGlenmore HouseEast Street, Rochford£157,3333
SS4 1FPChelsea CourtDalys Road£160,0005

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