House Prices in TS23 House Prices in TS23 (Billingham)

The average house price in TS23 (Billingham) is £173,133 using HM Land Registry data.

The average property price increased by £33,434 (10.06%) over the last 5 years and increased by £6,699 (1.7%) over the last 12 months.

Over the last year, there were 244 residential property sales – a decrease of 89 transactions (-36.48%) relative to the previous year. The majority of house sales (75) were in the £108,000 - £136,000 range. Then came properties in the £80,000 - £108,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,303 (-3%).

In Oct 24, there were 36 new estate agency instructions, 47 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in TS23 (Billingham)

10.06%

Property prices in Billingham increased by 10.06% 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 TS23 (Billingham) Over the Last Year

1.7%

Property prices in Billingham increased by 1.7% 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.

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 TS23 (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 TS23 (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 TS23 (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 TS23 (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 TS23 (Billingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TS23 postcode area since 1995.

Recent Sales in TS23 (Billingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
30 Foxton Drive, Billingham, Stockton-on-tees, TS23 3SQ£130,000£125,000-£5,00013 Feb 202419 Aug 2024188 Days
6 Wharfdale Avenue, Billingham, Stockton-on-tees, TS23 1AX£120,000£115,000-£5,00016 Jan 202414 Aug 2024211 Days
67 New Road, Billingham, Stockton-on-tees, TS23 1DH£100,000£92,500-£7,50009 Apr 202409 Aug 2024122 Days
8 Glamis Road, Billingham, Stockton-on-tees, TS23 2AA£155,000£150,000-£5,00023 May 202409 Aug 202478 Days
10 Hogarth Close, Billingham, Stockton-on-tees, TS23 3GD£290,000£286,000-£4,00022 Feb 202430 Jul 2024159 Days
31 Gainsborough Crescent, Billingham, Stockton-on-tees, TS23 3GA£385,000£385,000£0010 Feb 202430 Jul 2024171 Days
73 Delaval Road, Billingham, Stockton-on-tees, TS23 3BX£112,000£106,000-£6,00027 Mar 202429 Jul 2024124 Days
1 Arundel Road, Billingham, Stockton-on-tees, TS23 2DJ£130,000£130,000£0025 Apr 202425 Jul 202491 Days
1 Halton Court, Billingham, Stockton-on-tees, TS23 3XG£75,000£65,000-£10,00006 Apr 202419 Jul 2024104 Days
23 Rievaulx Avenue, Billingham, Stockton-on-tees, TS23 2BN£99,950£95,000-£4,95025 Mar 202419 Jul 2024116 Days
47 Wansford Close, Billingham, Stockton-on-tees, TS23 3LB£240,000£236,000-£4,00015 Mar 202412 Jul 2024119 Days
3 Lomond Avenue, Billingham, Stockton-on-tees, TS23 2QZ£100,000£95,000-£5,00005 Apr 202411 Jul 202497 Days
28 Chapel Road, Billingham, Stockton-on-tees, TS23 1DX£125,000£123,000-£2,00007 Nov 202328 Jun 2024234 Days
101 Central Avenue, Billingham, Stockton-on-tees, TS23 1LS£135,000£133,000-£2,00004 Nov 202328 Jun 2024237 Days
212 Low Grange Avenue, Billingham, Stockton-on-tees, TS23 3LY£160,000£151,500-£8,50009 May 202428 Jun 202450 Days
214 Low Grange Avenue, Billingham, Stockton-on-tees, TS23 3LY£170,000£165,000-£5,00011 Mar 202424 Jun 2024105 Days
1 Conifer Grove, Billingham, Stockton-on-tees, TS23 1PG£155,000£145,000-£10,00016 Feb 202420 Jun 2024125 Days
4 Constable Grove, Billingham, Stockton-on-tees, TS23 3GL£140,000£135,000-£5,00026 Dec 202314 Jun 2024171 Days
5 Millais Grove, Billingham, Stockton-on-tees, TS23 3WL£300,000£290,000-£10,00006 Jan 202411 Jun 2024157 Days
2 Deal Road, Billingham, Stockton-on-tees, TS23 2DY£130,000£122,000-£8,00025 Nov 202305 Jun 2024193 Days

Most Expensive Streets in TS23 (Billingham)

PostcodeStreetAreaAverageNo. of Sales
TS23 4HSCowpen BewleyBillingham£319,6666
TS23 3FEShelley CloseBillingham£262,0003
TS23 3GTAusten CloseBillingham£260,5005
TS23 3YQEtton RoadBillingham£253,7484
TS23 3YXTennyson RoadBillingham£253,1663
TS23 3GNHardy GroveBillingham£249,6254
TS23 3GDHogarth CloseBillingham£242,0004
TS23 3GAGainsborough CrescentBillingham£240,04511
TS23 3YSElvington CloseBillingham£232,6663
TS23 1QNHallcroft CloseBillingham£232,0839

Least Expensive Streets in TS23 (Billingham)

PostcodeStreetAreaAverageNo. of Sales
TS23 2QLOchil TerraceBillingham£56,2504
TS23 3XGHalton CourtBillingham£59,8754
TS23 3RFKennedy GardensBillingham£65,6663
TS23 2QWCotswold CrescentBillingham£66,1663
TS23 3QSOtterburn WayBillingham£67,8333
TS23 3EFAshdown WayBillingham£69,3754
TS23 2QDBraid CrescentBillingham£70,0003
TS23 3ABMarsh House AvenueBillingham£71,6663
TS23 3XAButsfield WayBillingham£73,3333
TS23 2AZDenbigh RoadBillingham£75,3333

Explore TS23 (Billingham) using map