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House Prices in CM11

The average house price in CM11 (Billericay) is £362,375 using HM Land Registry data.

The average property price increased by £159,010 (5.59%) over the last 5 years and increased by £31,787 (0.98%) over the last 12 months.

Over the last year, there were 152 residential property sales – a decrease of 142 transactions (-93.42%) relative to the previous year. The majority of house sales (51) were in the £396,000 - £542,000 range. Then came properties in the £250,000 - £396,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,629 (-3%).

In June 2024, there were 51 new estate agency instructions, 32 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in CM11 (Billericay)

5.59%

Property prices in Billericay increased by 5.59% 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 CM11 (Billericay) Over the Last Year

0.98%

Property prices in Billericay increased by 0.98% 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 CM11 (Billericay) - June 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 CM11 (Billericay)

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 CM11 (Billericay)

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 CM11 (Billericay)

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 CM11 (Billericay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM11 postcode area since 1995.

Recent Sales in CM11 (Billericay)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31 Holbrook Close, Billericay, Essex, CM11 2NG	£385,000	£372,000	-£13,000	05 Dec 2023	03 May 2024	150 Days
Apartment 22, Southwood Court, Southend Road, Billericay, Essex, CM11 2RA	£185,000	£180,000	-£5,000	16 Jan 2024	03 May 2024	108 Days
Lensell, Gardiners Lane North, Crays Hill, Billericay, Essex, CM11 2XA	£750,000	£725,000	-£25,000	06 Mar 2020	26 Apr 2024	1512 Days
36 Outwood Common Road, Billericay, Essex, CM11 2NU	£475,000	£437,500	-£37,500	23 Oct 2023	22 Apr 2024	182 Days
63 Trinity Road, Billericay, Essex, CM11 2RY	£550,000	£542,500	-£7,500	26 Dec 2023	19 Apr 2024	115 Days
32 Beams Way, Billericay, Essex, CM11 2NN	£375,000	£365,000	-£10,000	26 Dec 2023	12 Apr 2024	108 Days
56 Park Lane, Ramsden Heath, Billericay, Essex, CM11 1NF	£425,000	£212,500	-£212,500	13 Apr 2017	12 Apr 2024	2556 Days
15 Homefield Close, Billericay, Essex, CM11 2SG	£450,000	£435,000	-£15,000	18 Sep 2023	05 Apr 2024	200 Days
2 Passingham Close, Billericay, Essex, CM11 2TH	£525,000	£510,000	-£15,000	18 Oct 2023	22 Mar 2024	156 Days
49 Trinity Road, Billericay, Essex, CM11 2RT	£375,000	£365,000	-£10,000	24 Nov 2023	01 Mar 2024	98 Days
20 The Oaks, Billericay, Essex, CM11 2RP	£450,000	£444,250	-£5,750	11 Jul 2023	19 Feb 2024	223 Days
Apartment 11, Southwood Court, Southend Road, Billericay, Essex, CM11 2RA	£200,000	£200,000	£00	27 Feb 2023	15 Feb 2024	353 Days
40 Prower Close, Billericay, Essex, CM11 2BU	£599,950	£595,000	-£4,950	08 Aug 2023	26 Jan 2024	171 Days
40 Thynne Road, Billericay, Essex, CM11 2HH	£425,000	£420,000	-£5,000	28 Jul 2023	19 Jan 2024	175 Days
51 Mill Road, Billericay, Essex, CM11 2SD	£425,000	£405,000	-£20,000	30 Aug 2023	08 Dec 2023	100 Days
6 Bunting Lane, Billericay, Essex, CM11 2YT	£675,000	£660,000	-£15,000	28 Jun 2023	28 Nov 2023	153 Days
Foxhurst, Coxes Farm Road, Billericay, Essex, CM11 2UA	£1,125,000	£1,100,000	-£25,000	16 Jun 2023	27 Nov 2023	164 Days
20 Bunting Lane, Billericay, Essex, CM11 2YT	£545,000	£525,000	-£20,000	10 May 2023	22 Nov 2023	196 Days
5 Sadlers Close, Billericay, Essex, CM11 1SB	£725,000	£710,000	-£15,000	01 Aug 2023	15 Nov 2023	106 Days
107 Salesbury Drive, Billericay, Essex, CM11 2JJ	£360,000	£360,000	£00	08 Jun 2023	03 Nov 2023	148 Days

Most Expensive Streets in CM11 (Billericay)

Postcode	Street	Area	Average	No. of Sales
CM11 1DB	Norsey Road	Billericay	£2,113,333	3
CM11 1RL	Glebe Road, Ramsden Bellhouse	Billericay	£1,640,000	6
CM11 1BG	Norsey Road	Billericay	£1,453,000	5
CM11 1RP	Homestead Road, Ramsden Bellhouse	Billericay	£1,301,250	4
CM11 1BH	Norsey Road	Billericay	£1,251,250	4
CM11 1BT	Norsey Road	Billericay	£1,247,600	3
CM11 1QN	School Road, Downham	Billericay	£1,218,200	4
CM11 1RH	Church Road, Ramsden Bellhouse	Billericay	£1,198,750	4
CM11 1AT	Norsey Road	Billericay	£1,165,000	4
CM11 1BU	Norsey Road	Billericay	£1,163,000	4

Least Expensive Streets in CM11 (Billericay)

Postcode	Street	Area	Average	No. of Sales
CM11 2SL	Selworthy Close	Billericay	£169,750	9
CM11 2JB	Allington Court	Billericay	£196,222	18
CM11 2RA	Southwood Court, Southend Road	Billericay	£210,063	15
CM11 2HR	Sunnymede Court, Cavell Road	Billericay	£212,437	4
CM11 2JW	Fletcher Court, Salesbury Drive	Billericay	£215,000	4
CM11 1HJ	Bakers Court, Dowsett Lane	Billericay	£238,750	4
CM11 2QT	Tyrrells Mews, Tyrrells Road	Billericay	£243,125	4
CM11 2ET	Bel House, Belvedere Close	Billericay	£249,000	5
CM11 2FA	Vedere House, Belvedere Close	Billericay	£252,500	4
CM11 2DF	Christopher Martin Place, Meadow Rise	Billericay	£275,833	3