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House Prices in RM18

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 61 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 30 new estate agency instructions, 30 agreed home sales and 6 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.

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 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 Dryden Place, Tilbury, Thurrock, RM18 8HQ	£250,000	£250,000	£00	07 Oct 2023	02 Aug 2024	300 Days
30 Spencer Walk, Tilbury, Thurrock, RM18 8XJ	£350,000	£340,000	-£10,000	22 Jun 2024	05 Jul 2024	13 Days
Flat 11, Riverside Heights, Dock Road, Tilbury, Thurrock, RM18 7DQ	£105,000	£95,000	-£10,000	03 Nov 2014	05 Jul 2024	3532 Days
18 Shelley Place, Tilbury, Thurrock, RM18 8HP	£275,000	£275,000	£00	23 Jan 2024	24 May 2024	122 Days
44 Ottawa Road, Tilbury, Thurrock, RM18 7RH	£325,000	£325,000	£00	26 Dec 2023	10 May 2024	136 Days
15 Parkside Avenue, Tilbury, Thurrock, RM18 8DT	£315,000	£308,000	-£7,000	15 Sep 2023	28 Mar 2024	195 Days
22 Queen Mary Avenue, East Tilbury, Tilbury, Thurrock, RM18 8SS	£425,000	£425,000	£00	27 Mar 2023	22 Mar 2024	361 Days
6 Bure, East Tilbury, Tilbury, Thurrock, RM18 8SF	£350,000	£345,000	-£5,000	21 Nov 2023	15 Mar 2024	115 Days
33 Burns Place, Tilbury, Thurrock, RM18 8JQ	£250,000	£240,000	-£10,000	20 Oct 2023	11 Mar 2024	143 Days
Flat 14, Poets Corner, Thackeray Avenue, Tilbury, Thurrock, RM18 8HR	£100,000	£100,000	£00	21 Apr 2023	01 Mar 2024	315 Days
42 Trent, East Tilbury, Tilbury, Thurrock, RM18 8SU	£290,000	£285,000	-£5,000	18 Oct 2023	29 Feb 2024	134 Days
Edgemay, Muckingford Road, West Tilbury, Tilbury, Thurrock, RM18 8TS	£325,000	£310,000	-£15,000	07 Sep 2023	27 Feb 2024	173 Days
27 Burns Place, Tilbury, Thurrock, RM18 8JQ	£160,000	£157,000	-£3,000	26 Aug 2023	26 Feb 2024	184 Days
2 Linley Close, East Tilbury, Tilbury, Thurrock, RM18 8PT	£280,000	£250,000	-£30,000	19 Sep 2023	23 Feb 2024	157 Days
37 London Road, Tilbury, Thurrock, RM18 8DU	£380,000	£380,000	£00	23 Sep 2023	20 Feb 2024	150 Days
7 Queen Elizabeth Avenue, East Tilbury, Tilbury, Thurrock, RM18 8SP	£420,000	£400,000	-£20,000	10 Jul 2023	09 Feb 2024	214 Days
7 Church Road, Tilbury, Thurrock, RM18 7AJ	£400,000	£375,000	-£25,000	23 Oct 2023	25 Jan 2024	94 Days
4 Dock Road, Tilbury, Thurrock, RM18 8YD	£325,000	£325,000	£00	26 Aug 2023	24 Jan 2024	151 Days
24 Leicester Road, Tilbury, Thurrock, RM18 7AX	£325,000	£320,000	-£5,000	22 Sep 2023	23 Jan 2024	123 Days
190 Coronation Avenue, East Tilbury, Tilbury, Thurrock, RM18 8TE	£180,000	£178,000	-£2,000	28 Jun 2023	22 Jan 2024	208 Days

Most Expensive Streets in RM18 (Tilbury)

Postcode	Street	Area	Average	No. of Sales
RM18 8TT	Blue Anchor Lane, West Tilbury	Tilbury	£781,666	3
RM18 8PB	Princess Margaret Road, East Tilbury	Tilbury	£453,916	6
RM18 8TU	The Green, West Tilbury	Tilbury	£432,500	3
RM18 8SP	Queen Elizabeth Avenue, East Tilbury	Tilbury	£390,214	7
RM18 8SB	Princess Margaret Road, East Tilbury	Tilbury	£388,500	5
RM18 8FA	Sandpiper Close, East Tilbury	Tilbury	£362,727	11
RM18 8RT	Tweed, East Tilbury	Tilbury	£361,666	3
RM18 8DQ	Shearwater Avenue, East Tilbury	Tilbury	£357,937	8
RM18 8RB	Gloucester Avenue, East Tilbury	Tilbury	£356,833	9
RM18 7DB	Dock Road	Tilbury	£355,000	4

Least Expensive Streets in RM18 (Tilbury)

Postcode	Street	Area	Average	No. of Sales
RM18 8HR	Poets Corner, Thackeray Avenue	Tilbury	£91,666	3
RM18 8YR	Stanford House, Princess Margaret Road	Tilbury	£99,583	6
RM18 7DQ	Riverside Heights, Dock Road	Tilbury	£113,333	3
RM18 7BT	Dock Road	Tilbury	£114,000	3
RM18 8RE	Colne Court, East Tilbury	Tilbury	£141,833	6
RM18 8TB	Coronation Court, Coronation Avenue	Tilbury	£146,925	4
RM18 8NR	Queen Mary Court, Queen Mary Avenue	Tilbury	£159,333	3
RM18 7BL	The Quays, Dock Road	Tilbury	£170,097	32
RM18 7BG	Garner Court, Dunlop Road	Tilbury	£175,666	9
RM18 7EU	The Quays, Dock Road	Tilbury	£179,746	4