House Prices in RM18 House Prices in RM18 (Tilbury)

The average house price in RM18 (Tilbury) is £217,500 using HM Land Registry data.

The average property price increased by £90,690 (0.15%) over the last 5 years and increased by £18,171 (0.03%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 19 transactions (-17.76%) relative to the previous year. The majority of house sales (30) were in the £298,000 - £344,000 range. Then came properties in the £344,000 - £390,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,000 (0%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in RM18 (Tilbury)

0.15%

Property prices in Tilbury increased by 0.15% 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 RM18 (Tilbury) Over the Last Year

0.03%

Property prices in Tilbury increased by 0.03% 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 RM18 (Tilbury) - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 RM18 (Tilbury)

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 RM18 (Tilbury)

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 RM18 (Tilbury)

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 RM18 (Tilbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RM18 postcode area since 1995.

Recent Sales in RM18 (Tilbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Dryden Place, Tilbury, Thurrock, RM18 8HQ£250,000£250,000£0007 Oct 202302 Aug 2024300 Days
30 Spencer Walk, Tilbury, Thurrock, RM18 8XJ£350,000£340,000-£10,00022 Jun 202405 Jul 202413 Days
Flat 11, Riverside Heights, Dock Road, Tilbury, Thurrock, RM18 7DQ£105,000£95,000-£10,00003 Nov 201405 Jul 20243532 Days
18 Shelley Place, Tilbury, Thurrock, RM18 8HP£275,000£275,000£0023 Jan 202424 May 2024122 Days
44 Ottawa Road, Tilbury, Thurrock, RM18 7RH£325,000£325,000£0026 Dec 202310 May 2024136 Days
15 Parkside Avenue, Tilbury, Thurrock, RM18 8DT£315,000£308,000-£7,00015 Sep 202328 Mar 2024195 Days
22 Queen Mary Avenue, East Tilbury, Tilbury, Thurrock, RM18 8SS£425,000£425,000£0027 Mar 202322 Mar 2024361 Days
6 Bure, East Tilbury, Tilbury, Thurrock, RM18 8SF£350,000£345,000-£5,00021 Nov 202315 Mar 2024115 Days
33 Burns Place, Tilbury, Thurrock, RM18 8JQ£250,000£240,000-£10,00020 Oct 202311 Mar 2024143 Days
Flat 14, Poets Corner, Thackeray Avenue, Tilbury, Thurrock, RM18 8HR£100,000£100,000£0021 Apr 202301 Mar 2024315 Days
42 Trent, East Tilbury, Tilbury, Thurrock, RM18 8SU£290,000£285,000-£5,00018 Oct 202329 Feb 2024134 Days
Edgemay, Muckingford Road, West Tilbury, Tilbury, Thurrock, RM18 8TS£325,000£310,000-£15,00007 Sep 202327 Feb 2024173 Days
27 Burns Place, Tilbury, Thurrock, RM18 8JQ£160,000£157,000-£3,00026 Aug 202326 Feb 2024184 Days
2 Linley Close, East Tilbury, Tilbury, Thurrock, RM18 8PT£280,000£250,000-£30,00019 Sep 202323 Feb 2024157 Days
37 London Road, Tilbury, Thurrock, RM18 8DU£380,000£380,000£0023 Sep 202320 Feb 2024150 Days
7 Queen Elizabeth Avenue, East Tilbury, Tilbury, Thurrock, RM18 8SP£420,000£400,000-£20,00010 Jul 202309 Feb 2024214 Days
7 Church Road, Tilbury, Thurrock, RM18 7AJ£400,000£375,000-£25,00023 Oct 202325 Jan 202494 Days
4 Dock Road, Tilbury, Thurrock, RM18 8YD£325,000£325,000£0026 Aug 202324 Jan 2024151 Days
24 Leicester Road, Tilbury, Thurrock, RM18 7AX£325,000£320,000-£5,00022 Sep 202323 Jan 2024123 Days
190 Coronation Avenue, East Tilbury, Tilbury, Thurrock, RM18 8TE£180,000£178,000-£2,00028 Jun 202322 Jan 2024208 Days

Most Expensive Streets in RM18 (Tilbury)

PostcodeStreetAreaAverageNo. of Sales
RM18 8TTBlue Anchor Lane, West TilburyTilbury£781,6663
RM18 8PBPrincess Margaret Road, East TilburyTilbury£453,9166
RM18 8TUThe Green, West TilburyTilbury£432,5003
RM18 8SPQueen Elizabeth Avenue, East TilburyTilbury£390,2147
RM18 8SBPrincess Margaret Road, East TilburyTilbury£388,5005
RM18 8FASandpiper Close, East TilburyTilbury£362,72711
RM18 8RTTweed, East TilburyTilbury£361,6663
RM18 8DQShearwater Avenue, East TilburyTilbury£357,9378
RM18 8RBGloucester Avenue, East TilburyTilbury£356,8339
RM18 7DBDock RoadTilbury£355,0004

Least Expensive Streets in RM18 (Tilbury)

PostcodeStreetAreaAverageNo. of Sales
RM18 8HRPoets Corner, Thackeray AvenueTilbury£91,6663
RM18 8YRStanford House, Princess Margaret RoadTilbury£99,5836
RM18 7DQRiverside Heights, Dock RoadTilbury£113,3333
RM18 7BTDock RoadTilbury£114,0003
RM18 8REColne Court, East TilburyTilbury£141,8336
RM18 8TBCoronation Court, Coronation AvenueTilbury£146,9254
RM18 8NRQueen Mary Court, Queen Mary AvenueTilbury£159,3333
RM18 7BLThe Quays, Dock RoadTilbury£170,09732
RM18 7BGGarner Court, Dunlop RoadTilbury£175,6669
RM18 7EUThe Quays, Dock RoadTilbury£179,7464

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