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House Prices in CM12

The average house price in CM12 (Billericay) is £579,321 using HM Land Registry data.

The average property price increased by £42,560 (23.74%) over the last 5 years and increased by £8,527 (3.64%) over the last 12 months.

Over the last year, there were 201 residential property sales – a decrease of 120 transactions (-59.70%) relative to the previous year. The majority of house sales (61) were in the £360,000 - £480,000 range. Then came properties in the £240,000 - £360,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,395 (-2%).

In Oct 24, there were 59 new estate agency instructions, 51 agreed home sales and 40 property price reductions.

5-Year Average Property Prices in CM12 (Billericay)

23.74%

Property prices in Billericay increased by 23.74% 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 CM12 (Billericay) Over the Last Year

3.64%

Property prices in Billericay increased by 3.64% 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 CM12 (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 CM12 (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 CM12 (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 CM12 (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 CM12 (Billericay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CM12 postcode area since 1995.

Recent Sales in CM12 (Billericay)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
117 Marlborough Way, Billericay, Essex, CM12 0YJ	£395,000	£395,000	£00	10 Jun 2024	16 Aug 2024	67 Days
54 Porchester Road, Billericay, Essex, CM12 0UQ	£539,995	£525,000	-£14,995	19 Mar 2024	26 Jul 2024	129 Days
11 Tyelands, Billericay, Essex, CM12 9PA	£650,000	£647,500	-£2,500	20 Feb 2024	19 Jul 2024	150 Days
9 Margeth Road, Billericay, Essex, CM12 9UT	£650,000	£640,000	-£10,000	24 Nov 2023	03 Jul 2024	222 Days
1 Tensing Gardens, Billericay, Essex, CM12 9JX	£575,000	£575,000	£00	28 Feb 2024	01 Jul 2024	124 Days
19 The Pantiles, Billericay, Essex, CM12 0UA	£170,000	£170,000	£00	09 Dec 2023	28 Jun 2024	202 Days
9 Westbourne Gardens, Billericay, Essex, CM12 0UU	£475,000	£465,000	-£10,000	16 Jan 2024	18 Jun 2024	154 Days
18 Tensing Gardens, Billericay, Essex, CM12 9JX	£575,000	£550,000	-£25,000	29 Oct 2023	18 Jun 2024	233 Days
8 Home Meadows, Billericay, Essex, CM12 9HQ	£495,000	£475,000	-£20,000	04 Jan 2024	03 Jun 2024	151 Days
21 Westbourne Gardens, Billericay, Essex, CM12 0UU	£425,000	£420,000	-£5,000	30 Nov 2023	17 May 2024	169 Days
64 Frithwood Lane, Billericay, Essex, CM12 9PN	£475,000	£465,000	-£10,000	19 Oct 2023	19 Apr 2024	183 Days
1 Atridge Chase, Billericay, Essex, CM12 0HR	£459,950	£445,000	-£14,950	21 Nov 2023	08 Apr 2024	139 Days
25 Cornflower Gardens, Billericay, Essex, CM12 0TQ	£400,000	£385,000	-£15,000	14 Sep 2023	05 Apr 2024	204 Days
16 Brompton Close, Billericay, Essex, CM12 0YN	£395,000	£395,000	£00	27 Jun 2023	04 Apr 2024	282 Days
10 St Peters Walk, Billericay, Essex, CM12 0JU	£500,000	£495,000	-£5,000	11 Oct 2023	28 Mar 2024	169 Days
217 Perry Street, Billericay, Essex, CM12 0NZ	£725,000	£705,000	-£20,000	21 Aug 2023	28 Mar 2024	220 Days
14 Hickstars Lane, Billericay, Essex, CM12 9RJ	£375,000	£370,000	-£5,000	22 Aug 2023	18 Mar 2024	209 Days
5 Burghstead Close, Billericay, Essex, CM12 9JZ	£560,000	£560,000	£00	05 Nov 2023	15 Mar 2024	131 Days
18 Rumbullion Drive, Billericay, Essex, CM12 0HE	£650,000	£650,000	£00	23 Nov 2023	14 Mar 2024	112 Days
23 Regent Drive, Billericay, Essex, CM12 0GD	£650,000	£630,000	-£20,000	28 Sep 2023	12 Mar 2024	166 Days

Most Expensive Streets in CM12 (Billericay)

Postcode	Street	Area	Average	No. of Sales
CM12 9TJ	Laindon Common Road, Little Burstead	Billericay	£1,240,833	3
CM12 9UG	Noak Hill Road	Billericay	£1,116,471	7
CM12 0BA	Hillhouse Drive	Billericay	£1,087,500	5
CM12 9UZ	Noak Hill Close	Billericay	£1,047,000	5
CM12 0BE	Stock Road	Billericay	£1,045,000	3
CM12 9XB	The Hoe	Billericay	£1,041,666	3
CM12 0EE	Mountnessing Road	Billericay	£986,666	3
CM12 0AP	Caterwood	Billericay	£978,875	4
CM12 9HJ	London Road	Billericay	£950,833	3
CM12 9DL	Lion Lane	Billericay	£950,000	3

Least Expensive Streets in CM12 (Billericay)

Postcode	Street	Area	Average	No. of Sales
CM12 0QH	Park Lodge	Billericay	£149,597	36
CM12 0ST	Mallow Gardens	Billericay	£172,333	3
CM12 0NG	Old Farm Court	Billericay	£177,428	7
CM12 0UA	The Pantiles	Billericay	£183,331	3
CM12 0SZ	Granville Close	Billericay	£215,000	8
CM12 9RB	Langham Crescent	Billericay	£217,944	9
CM12 0AA	Radford House, Radford Way	Billericay	£246,250	4
CM12 0SW	Colville Mews	Billericay	£250,833	3
CM12 0BQ	Langthornes, Stock Road	Billericay	£254,625	8
CM12 0XG	York Road	Billericay	£260,000	10