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House Prices in RM18

The average house price in RM18 (Tilbury) is £298,800 using HM Land Registry data.

The average property price increased by £90,840 (0.15%) over the last 5 years and increased by £18,160 (0.03%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 50 transactions (-46.73%) relative to the previous year. The majority of house sales (35) were in the £302,000 - £346,000 range. Then came properties in the £346,000 - £390,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,000 (0%).

In June 2024, there were 26 new estate agency instructions, 16 agreed home sales and 13 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) - 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
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
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
19 Gloucester Avenue, East Tilbury, Tilbury, Thurrock, RM18 8RB	£350,000	£342,500	-£7,500	02 Jun 2023	12 Jan 2024	224 Days
12 Fleming Gardens, Tilbury, Thurrock, RM18 8JR	£325,000	£315,000	-£10,000	13 May 2023	10 Jan 2024	242 Days
Marshalls Cottage, Blue Anchor Lane, West Tilbury, Tilbury, Thurrock, RM18 8TT	£900,000	£900,000	£00	15 Jun 2023	08 Dec 2023	176 Days
Xai-xai, Princess Margaret Road, East Tilbury, Tilbury, Thurrock, RM18 8PB	£370,000	£365,000	-£5,000	30 Aug 2023	30 Nov 2023	92 Days
22 Galsworthy Road, Tilbury, Thurrock, RM18 8JS	£350,000	£330,000	-£20,000	19 Jun 2023	06 Nov 2023	140 Days
26 Thomas Bata Avenue, East Tilbury, Tilbury, Thurrock, RM18 8SH	£375,000	£375,000	£00	03 Apr 2023	30 Oct 2023	210 Days
52 Fairfax Road, Tilbury, Thurrock, RM18 7BB	£350,000	£350,000	£00	28 Apr 2023	24 Oct 2023	179 Days
9 Brunel Close, Tilbury, Thurrock, RM18 8EJ	£335,000	£335,000	£00	27 Jul 2023	09 Oct 2023	74 Days
14 Chesterton Way, Tilbury, Thurrock, RM18 8DJ	£300,000	£295,000	-£5,000	13 Jun 2023	06 Oct 2023	115 Days
27 Tyne, East Tilbury, Tilbury, Thurrock, RM18 8RX	£300,000	£300,000	£00	23 May 2023	21 Sep 2023	121 Days
73 Fielding Avenue, Tilbury, Thurrock, RM18 8HW	£350,000	£350,000	£00	03 Apr 2023	15 Sep 2023	165 Days
25 London Road, Tilbury, Thurrock, RM18 8DU	£330,000	£330,000	£00	03 Mar 2023	06 Sep 2023	187 Days
22 St Chads Road, Tilbury, Thurrock, RM18 8LA	£325,000	£325,000	£00	10 May 2023	23 Aug 2023	105 Days

Most Expensive Streets in RM18 (Tilbury)

Postcode	Street	Area	Average	No. of Sales
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	£388,583	6
RM18 8SB	Princess Margaret Road, East Tilbury	Tilbury	£378,125	4
RM18 8FA	Sandpiper Close, East Tilbury	Tilbury	£361,900	10
RM18 8RT	Tweed, East Tilbury	Tilbury	£361,666	3
RM18 8RB	Gloucester Avenue, East Tilbury	Tilbury	£356,833	9
RM18 7DB	Dock Road	Tilbury	£355,000	4
RM18 8DQ	Shearwater Avenue, East Tilbury	Tilbury	£345,291	12
RM18 8XB	Stephenson Avenue	Tilbury	£341,666	3

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	£99,500	5
RM18 8YP	Stanford House, Princess Margaret Road	Tilbury	£100,333	3
RM18 7BT	Dock Road	Tilbury	£114,000	3
RM18 7DQ	Riverside Heights, Dock Road	Tilbury	£128,333	3
RM18 8RE	Colne Court, East Tilbury	Tilbury	£142,166	6
RM18 8NR	Queen Mary Court, Queen Mary Avenue	Tilbury	£144,333	3
RM18 8TB	Coronation Court, Coronation Avenue	Tilbury	£146,925	4
RM18 7BL	The Quays, Dock Road	Tilbury	£164,836	54
RM18 7BG	Garner Court, Dunlop Road	Tilbury	£173,600	10