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House Prices in SS6

The average house price in SS6 (Rayleigh) is £370,692 using HM Land Registry data.

The average property price increased by £87,488 (24.2%) over the last 5 years and increased by £17,490 (3.7%) over the last 12 months.

Over the last year, there were 372 residential property sales – a decrease of 175 transactions (-47.04%) relative to the previous year. The majority of house sales (101) were in the £376,000 - £454,000 range. Then came properties in the £298,000 - £376,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,449 (-1%).

In June 2024, there were 86 new estate agency instructions, 66 agreed home sales and 53 property price reductions.

5-Year Average Property Prices in SS6 (Rayleigh)

24.2%

Property prices in Rayleigh increased by 24.2% 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 SS6 (Rayleigh) Over the Last Year

3.7%

Property prices in Rayleigh increased by 3.7% 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 SS6 (Rayleigh) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 SS6 (Rayleigh)

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 SS6 (Rayleigh)

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 SS6 (Rayleigh)

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 SS6 (Rayleigh) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SS6 postcode area since 1995.

Recent Sales in SS6 (Rayleigh)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
25 Cotswold Avenue, Rayleigh, Essex, SS6 8AW	£330,000	£320,000	-£10,000	20 Mar 2024	24 May 2024	65 Days
111 Victoria Avenue, Rayleigh, Essex, SS6 9DB	£700,000	£690,000	-£10,000	21 Aug 2023	10 May 2024	263 Days
173 Bull Lane, Rayleigh, Essex, SS6 8NU	£435,000	£410,000	-£25,000	09 Jan 2024	08 May 2024	120 Days
19 Picton Gardens, Rayleigh, Essex, SS6 7LB	£375,000	£345,000	-£30,000	23 Aug 2023	19 Apr 2024	240 Days
5 Hedgehope Avenue, Rayleigh, Essex, SS6 9LS	£550,000	£495,000	-£55,000	09 Nov 2023	12 Apr 2024	155 Days
58 Great Wheatley Road, Rayleigh, Essex, SS6 7AP	£1,900,000	£1,750,000	-£150,000	12 Dec 2023	10 Apr 2024	120 Days
80 Clarence Road, Rayleigh, Essex, SS6 8TD	£375,000	£370,000	-£5,000	12 Dec 2023	02 Apr 2024	112 Days
122 Louis Drive West, Rayleigh, Essex, SS6 9DZ	£340,000	£325,000	-£15,000	26 Jul 2023	02 Apr 2024	251 Days
25 Teignmouth Drive, Rayleigh, Essex, SS6 9PE	£395,000	£390,000	-£5,000	13 Jul 2023	28 Mar 2024	259 Days
172 Bull Lane, Rayleigh, Essex, SS6 8NN	£400,000	£385,000	-£15,000	22 Nov 2023	22 Mar 2024	121 Days
54 Kingswood Crescent, Rayleigh, Essex, SS6 7BH	£465,000	£455,000	-£10,000	27 Sep 2023	21 Mar 2024	176 Days
Tinkersfield, Hullbridge Road, Rayleigh, Essex, SS6 9QS	£900,000	£840,000	-£60,000	13 Sep 2023	01 Mar 2024	170 Days
71 The Chase, Rayleigh, Essex, SS6 8QW	£425,000	£425,000	£00	18 Aug 2023	01 Mar 2024	196 Days
Flat 34, Homeregal House, Bellingham Lane, Rayleigh, Essex, SS6 7HN	£160,000	£150,000	-£10,000	19 Jan 2023	01 Mar 2024	407 Days
12 Alexandria Drive, Rayleigh, Essex, SS6 9ED	£340,000	£250,000	-£90,000	03 Jun 2017	27 Feb 2024	2460 Days
32 Priory Chase, Rayleigh, Essex, SS6 9NF	£220,000	£220,000	£00	14 Dec 2023	26 Feb 2024	74 Days
19 Cheapside West, Rayleigh, Essex, SS6 9BY	£400,000	£400,000	£00	28 Jul 2023	15 Feb 2024	202 Days
40 Louis Drive East, Rayleigh, Essex, SS6 9DU	£350,000	£340,000	-£10,000	12 Oct 2023	08 Feb 2024	119 Days
29 Trinity Road, Rayleigh, Essex, SS6 8QB	£350,000	£350,000	£00	08 Aug 2023	05 Feb 2024	181 Days
7 The Glen, Rayleigh, Essex, SS6 7QZ	£750,000	£727,000	-£23,000	04 Jul 2023	01 Feb 2024	212 Days

Most Expensive Streets in SS6 (Rayleigh)

Postcode	Street	Area	Average	No. of Sales
SS6 7AW	Great Wheatley Road	Rayleigh	£2,033,333	3
SS6 7AX	Western Road	Rayleigh	£1,453,000	5
SS6 7AY	Western Road	Rayleigh	£1,308,833	3
SS6 7AP	Great Wheatley Road	Rayleigh	£1,172,500	4
SS6 9RG	Trenders Mews	Rayleigh	£870,000	3
SS6 7BB	Gladstone Gardens	Rayleigh	£763,333	3
SS6 7JS	White House Chase	Rayleigh	£760,000	3
SS6 7DN	Rookery Close	Rayleigh	£735,000	3
SS6 7HP	London Hill	Rayleigh	£734,562	8
SS6 8BQ	Hockley Road	Rayleigh	£711,666	3

Least Expensive Streets in SS6 (Rayleigh)

Postcode	Street	Area	Average	No. of Sales
SS6 9LL	Sheriton Square	Rayleigh	£167,785	21
SS6 7HN	Homeregal House, Bellingham Lane	Rayleigh	£176,789	19
SS6 8BE	Brooklands, Hockley Road	Rayleigh	£179,954	11
SS6 7JD	Eastwood Road	Rayleigh	£180,000	4
SS6 9JQ	Benleigh House, Marina Avenue	Rayleigh	£180,250	4
SS6 8JQ	Webster Court, Websters Way	Rayleigh	£182,250	4
SS6 8JL	King Georges Close	Rayleigh	£184,833	3
SS6 7EA	High Street	Rayleigh	£185,666	3
SS6 8SU	Worcester Drive	Rayleigh	£186,666	3
SS6 7HY	Crown Heights, Crown Hill	Rayleigh	£189,833	9