House Prices in CM11 House Prices in CM11 (Billericay)

The average house price in CM11 (Billericay) is £498,428 using HM Land Registry data.

The average property price increased by £142,264 (5.59%) over the last 5 years and increased by £28,505 (0.98%) over the last 12 months.

Over the last year, there were 173 residential property sales – a decrease of 75 transactions (-43.35%) relative to the previous year. The majority of house sales (51) were in the £402,000 - £534,000 range. Then came properties in the £270,000 - £402,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,629 (-3%).

In Oct 24, there were 44 new estate agency instructions, 32 agreed home sales and 39 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.

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 CM11 (Billericay) - 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
55 Stonechat Road, Billericay, Essex, CM11 2NZ£325,000£316,000-£9,00013 Jan 202408 Aug 2024208 Days
30 Burstead Drive, Billericay, Essex, CM11 2QP£475,000£465,000-£10,00027 Jun 202302 Aug 2024402 Days
30 The Meadow Way, Billericay, Essex, CM11 2HL£510,000£507,500-£2,50019 Mar 202408 Jul 2024111 Days
138 Grange Road, Billericay, Essex, CM11 2SA£600,000£569,000-£31,00015 Jun 202303 Jul 2024384 Days
18 Betoyne Close, Billericay, Essex, CM11 2JQ£300,000£295,000-£5,00031 Jan 202428 Jun 2024149 Days
38 Thynne Road, Billericay, Essex, CM11 2HH£450,000£450,000£0026 Dec 202321 Jun 2024178 Days
28 The Redinge, Billericay, Essex, CM11 2QH£400,000£400,000£0008 Jan 202419 Jun 2024163 Days
16 Bridleway, Billericay, Essex, CM11 1DP£760,000£740,000-£20,00016 Dec 202318 Jun 2024185 Days
68 Downham Road, Ramsden Heath, Billericay, Essex, CM11 1PZ£700,000£680,000-£20,00020 Nov 202318 Jun 2024211 Days
39 Froden Brook, Billericay, Essex, CM11 2TW£350,000£333,000-£17,00025 Sep 202323 May 2024241 Days
38 Prower Close, Billericay, Essex, CM11 2BU£700,000£700,000£0024 Nov 202317 May 2024175 Days
100 Kennel Lane, Billericay, Essex, CM11 2ST£700,000£677,500-£22,50030 Sep 202313 May 2024226 Days
Cayman House, Deerbank Road, Billericay, Essex, CM11 1BB£2,500,000£2,250,000-£250,00001 Mar 202310 May 2024436 Days
31 Holbrook Close, Billericay, Essex, CM11 2NG£385,000£372,000-£13,00005 Dec 202303 May 2024150 Days
Apartment 22, Southwood Court, Southend Road, Billericay, Essex, CM11 2RA£185,000£180,000-£5,00016 Jan 202403 May 2024108 Days
15 Ash Green, Billericay, Essex, CM11 2LR£300,000£295,000-£5,00009 Dec 202330 Apr 2024143 Days
9 Greens Farm Lane, Billericay, Essex, CM11 2EZ£325,000£309,000-£16,00009 Nov 202329 Apr 2024172 Days
Lensell, Gardiners Lane North, Crays Hill, Billericay, Essex, CM11 2XA£750,000£725,000-£25,00006 Mar 202026 Apr 20241512 Days
36 Outwood Common Road, Billericay, Essex, CM11 2NU£475,000£437,500-£37,50023 Oct 202322 Apr 2024182 Days
63 Trinity Road, Billericay, Essex, CM11 2RY£550,000£542,500-£7,50026 Dec 202319 Apr 2024115 Days

Most Expensive Streets in CM11 (Billericay)

PostcodeStreetAreaAverageNo. of Sales
CM11 1DBNorsey RoadBillericay£2,035,0004
CM11 1BBDeerbank RoadBillericay£1,766,6663
CM11 1RLGlebe Road, Ramsden BellhouseBillericay£1,640,0006
CM11 1BGNorsey RoadBillericay£1,394,0005
CM11 1RPHomestead Road, Ramsden BellhouseBillericay£1,301,2504
CM11 1BTNorsey RoadBillericay£1,247,6003
CM11 1RHChurch Road, Ramsden BellhouseBillericay£1,240,0003
CM11 1BHNorsey RoadBillericay£1,234,0005
CM11 1QNSchool Road, DownhamBillericay£1,218,2004
CM11 1BUNorsey RoadBillericay£1,163,0004

Least Expensive Streets in CM11 (Billericay)

PostcodeStreetAreaAverageNo. of Sales
CM11 2SLSelworthy CloseBillericay£174,8619
CM11 2JBAllington CourtBillericay£192,60020
CM11 2HRSunnymede Court, Cavell RoadBillericay£212,4374
CM11 2JWFletcher Court, Salesbury DriveBillericay£215,0004
CM11 2RASouthwood Court, Southend RoadBillericay£215,42514
CM11 2QTTyrrells Mews, Tyrrells RoadBillericay£243,1254
CM11 2ETBel House, Belvedere CloseBillericay£249,0005
CM11 2FAVedere House, Belvedere CloseBillericay£252,5004
CM11 1HJBakers Court, Dowsett LaneBillericay£267,5004
CM11 2DFChristopher Martin Place, Meadow RiseBillericay£275,8333

Explore CM11 (Billericay) using map