House Prices in TS22 House Prices in TS22 (Billingham)

The average house price in TS22 (Billingham) is £314,934 using HM Land Registry data.

The average property price increased by £108,478 (11.52%) over the last 5 years and increased by £21,735 (1.93%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 144 transactions (-124.14%) relative to the previous year. The majority of house sales (35) were in the £160,000 - £252,000 range. Then came properties in the £252,000 - £344,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,888 (-2%).

In Oct 24, there were 34 new estate agency instructions, 25 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in TS22 (Billingham)

11.52%

Property prices in Billingham increased by 11.52% 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 TS22 (Billingham) Over the Last Year

1.93%

Property prices in Billingham increased by 1.93% 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 TS22 (Billingham) - 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 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 TS22 (Billingham)

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 TS22 (Billingham)

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 TS22 (Billingham)

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 TS22 (Billingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TS22 postcode area since 1995.

Recent Sales in TS22 (Billingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Rose Garden Lane, Wynyard, Billingham, Hartlepool, TS22 5WA£325,000£310,000-£15,00001 Feb 202418 Jul 2024168 Days
45 Wynyard Road, Wolviston, Billingham, Stockton-on-tees, TS22 5LJ£300,000£292,000-£8,00011 Apr 202412 Jul 202492 Days
3 West Hartlepool Road, Wolviston, Billingham, Stockton-on-tees, TS22 5JZ£350,000£320,000-£30,00026 Jul 202328 Jun 2024338 Days
6 Mountstewart, Wynyard, Billingham, Stockton-on-tees, TS22 5QN£500,000£480,000-£20,00001 Jan 202408 May 2024128 Days
66 Elton Road, Billingham, Stockton-on-tees, TS22 5HS£180,000£175,000-£5,00011 Jul 202312 Apr 2024276 Days
163 Whitehouse Road, Billingham, Stockton-on-tees, TS22 5BQ£270,000£270,000£0010 Jan 202410 Apr 202491 Days
40 Liverton Crescent, Billingham, Stockton-on-tees, TS22 5BS£199,000£187,500-£11,50017 Aug 202305 Apr 2024232 Days
43 Elton Road, Billingham, Stockton-on-tees, TS22 5HS£160,000£153,500-£6,50031 Aug 202328 Mar 2024210 Days
31 Wellington Drive, Wynyard, Billingham, Stockton-on-tees, TS22 5QJ£440,000£432,500-£7,50014 Dec 202327 Mar 2024104 Days
63 Sandy Lane, Billingham, Stockton-on-tees, TS22 5DR£235,000£230,000-£5,00013 Sep 202322 Mar 2024191 Days
22 Black Wood, Wynyard, Billingham, Stockton-on-tees, TS22 5GQ£600,000£575,000-£25,00021 Jun 202315 Mar 2024268 Days
5 Embleton Road, Billingham, Stockton-on-tees, TS22 5HR£225,000£225,000£0026 Dec 202301 Mar 202466 Days
4 Elton Road, Billingham, Stockton-on-tees, TS22 5HN£140,000£138,000-£2,00011 Nov 202327 Feb 2024108 Days
4 Manor Fields, Wynyard, Billingham, Hartlepool, TS22 5GE£800,000£750,000-£50,00025 Jul 202331 Jan 2024190 Days
12 Rudston Avenue, Billingham, Stockton-on-tees, TS22 5BN£180,000£176,000-£4,00023 Dec 202226 Jan 2024399 Days
9 Buxton Gardens, Billingham, Stockton-on-tees, TS22 5AJ£190,000£180,000-£10,00022 Aug 202320 Dec 2023120 Days
77 Jubilee Grove, Billingham, Stockton-on-tees, TS22 5EJ£165,000£165,000£0021 Sep 202313 Dec 202383 Days
25 Murton Grove, Billingham, Stockton-on-tees, TS22 5AZ£165,000£164,000-£1,00030 Aug 202308 Dec 2023100 Days
64 Sandy Lane, Billingham, Stockton-on-tees, TS22 5BE£300,000£286,000-£14,00027 Aug 202308 Dec 2023103 Days
17 Eden Way, Billingham, Stockton-on-tees, TS22 5NU£425,000£410,000-£15,00017 Jul 202307 Dec 2023143 Days

Most Expensive Streets in TS22 (Billingham)

PostcodeStreetAreaAverageNo. of Sales
TS22 5SFManorside, WynyardBillingham£867,1427
TS22 5QEThe Wynd, WynyardBillingham£813,2147
TS22 5QFCastlereagh, WynyardBillingham£757,5004
TS22 5SWSwainston Close, WynyardBillingham£737,5004
TS22 5SNThe Plantations, WynyardBillingham£699,7229
TS22 5TPWillow Drive, WynyardBillingham£648,69319
TS22 5QJWellington Drive, WynyardBillingham£647,41612
TS22 5ULCreek Way, WynyardBillingham£642,45411
TS22 5GQBlack Wood, WynyardBillingham£631,2508
TS22 5TJCoppice Lane, WynyardBillingham£604,0009

Least Expensive Streets in TS22 (Billingham)

PostcodeStreetAreaAverageNo. of Sales
TS22 5HFBelmont AvenueBillingham£79,9287
TS22 5HGBelmont AvenueBillingham£103,4335
TS22 5JJQueens DriveBillingham£115,0003
TS22 5HAGrosvenor RoadBillingham£134,2416
TS22 5EJJubilee GroveBillingham£138,7857
TS22 5HDMonkseaton DriveBillingham£139,8333
TS22 5HNElton RoadBillingham£141,6663
TS22 5DBBurniston DriveBillingham£142,0003
TS22 5ADSt Aidans CrescentBillingham£145,0003
TS22 5JLQueens DriveBillingham£150,4005

Explore TS22 (Billingham) using map