House Prices in SS6 House Prices in SS6 (Rayleigh)

The average house price in SS6 (Rayleigh) is £467,261 using HM Land Registry data.

The average property price increased by £61,188 (24.2%) over the last 5 years and increased by £12,260 (3.7%) over the last 12 months.

Over the last year, there were 337 residential property sales – a decrease of 151 transactions (-44.81%) relative to the previous year. The majority of house sales (84) were in the £366,000 - £444,000 range. Then came properties in the £288,000 - £366,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 114 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,476 (-2%).

In Dec 24, there were 37 new estate agency instructions, 40 agreed home sales and 24 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.

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 SS6 (Rayleigh) - Dec 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Purleigh Road, Rayleigh, Essex, SS6 9AN£425,000£425,000£0006 Aug 202413 Nov 202499 Days
2 Moat Rise, Rayleigh, Essex, SS6 7RP£550,000£530,000-£20,00023 Apr 202412 Nov 2024203 Days
61 High Road, Rayleigh, Essex, SS6 7SE£390,000£385,000-£5,00001 Jul 202412 Nov 2024134 Days
53 Richmond Drive, Rayleigh, Essex, SS6 7RJ£380,000£365,000-£15,00016 Aug 202408 Nov 202484 Days
67 Downhall Park Way, Rayleigh, Essex, SS6 9QP£530,000£530,000£0005 Dec 202306 Nov 2024337 Days
11 Derwent Avenue, Rayleigh, Essex, SS6 8LE£400,000£400,000£0019 May 202431 Oct 2024165 Days
6 Paignton Close, Rayleigh, Essex, SS6 9PW£525,000£500,000-£25,00014 Aug 202431 Oct 202478 Days
19 Western Road, Rayleigh, Essex, SS6 7AY£1,300,000£1,200,000-£100,00021 Apr 202416 Aug 2024117 Days
51 London Hill, Rayleigh, Essex, SS6 7HW£400,000£375,000-£25,00005 Jun 202415 Aug 202471 Days
32 Windsor Way, Rayleigh, Essex, SS6 8PF£455,000£455,000£0022 Mar 202409 Aug 2024140 Days
7 Ely Way, Rayleigh, Essex, SS6 9TR£450,000£450,000£0029 Feb 202409 Aug 2024162 Days
55 London Hill, Rayleigh, Essex, SS6 7HW£375,000£370,000-£5,00003 May 202429 Jul 202487 Days
171 Bull Lane, Rayleigh, Essex, SS6 8NU£475,000£455,000-£20,00025 Mar 202426 Jul 2024123 Days
8 Burrows Way, Rayleigh, Essex, SS6 7DG£500,000£495,000-£5,00027 Jan 202426 Jul 2024181 Days
10 Kelvedon Close, Rayleigh, Essex, SS6 9SQ£375,000£370,500-£4,50002 Mar 202426 Jul 2024146 Days
39 Leslie Road, Rayleigh, Essex, SS6 8PA£475,000£460,000-£15,00026 Jan 202419 Jul 2024175 Days
22 Rivenhall, Rayleigh, Essex, SS6 7TT£375,000£367,000-£8,00008 Mar 202405 Jul 2024119 Days
17 Burrows Way, Rayleigh, Essex, SS6 7DF£535,000£520,000-£15,00029 Mar 202405 Jul 202498 Days
39 Hatfield Road, Rayleigh, Essex, SS6 9AP£435,000£430,000-£5,00009 Nov 202328 Jun 2024232 Days
26 Marina Avenue, Rayleigh, Essex, SS6 9JG£525,000£525,000£0016 Jan 202425 Jun 2024161 Days

Most Expensive Streets in SS6 (Rayleigh)

PostcodeStreetAreaAverageNo. of Sales
SS6 7AWGreat Wheatley RoadRayleigh£2,033,3333
SS6 7AXWestern RoadRayleigh£1,453,0005
SS6 7AYWestern RoadRayleigh£1,281,6254
SS6 7APGreat Wheatley RoadRayleigh£1,278,3333
SS6 9RGTrenders MewsRayleigh£870,0003
SS6 7BBGladstone GardensRayleigh£763,3333
SS6 7JSWhite House ChaseRayleigh£760,0003
SS6 7LRRayleigh Downs RoadRayleigh£749,1663
SS6 7DNRookery CloseRayleigh£748,7504
SS6 7LPRayleigh Downs RoadRayleigh£745,0003

Least Expensive Streets in SS6 (Rayleigh)

PostcodeStreetAreaAverageNo. of Sales
SS6 9LLSheriton SquareRayleigh£166,77420
SS6 8BEBrooklands, Hockley RoadRayleigh£172,2779
SS6 7HNHomeregal House, Bellingham LaneRayleigh£173,81519
SS6 8JQWebster Court, Websters WayRayleigh£177,8005
SS6 7EAHigh StreetRayleigh£179,0003
SS6 7JDEastwood RoadRayleigh£180,0004
SS6 9JQBenleigh House, Marina AvenueRayleigh£180,2504
SS6 8JLKing Georges CloseRayleigh£184,8333
SS6 7HYCrown Heights, Crown HillRayleigh£188,35010
SS6 8SUWorcester DriveRayleigh£191,2504

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