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House Prices in TS22

The average house price in TS22 (Billingham) is £260,000 using HM Land Registry data.

The average property price increased by £87,314 (11.52%) over the last 5 years and increased by £17,455 (1.93%) over the last 12 months.

Over the last year, there were 160 residential property sales – a decrease of 155 transactions (-96.88%) relative to the previous year. The majority of house sales (40) were in the £160,000 - £248,000 range. Then came properties in the £336,000 - £424,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,888 (-2%).

In June 2024, there were 46 new estate agency instructions, 24 agreed home sales and 18 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.

Property Market Heat Gauge for TS22 (Billingham) - 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Mountstewart, Wynyard, Billingham, Stockton-on-tees, TS22 5QN	£500,000	£480,000	-£20,000	01 Jan 2024	08 May 2024	128 Days
66 Elton Road, Billingham, Stockton-on-tees, TS22 5HS	£180,000	£175,000	-£5,000	11 Jul 2023	12 Apr 2024	276 Days
40 Liverton Crescent, Billingham, Stockton-on-tees, TS22 5BS	£199,000	£187,500	-£11,500	17 Aug 2023	05 Apr 2024	232 Days
43 Elton Road, Billingham, Stockton-on-tees, TS22 5HS	£160,000	£153,500	-£6,500	31 Aug 2023	28 Mar 2024	210 Days
31 Wellington Drive, Wynyard, Billingham, Stockton-on-tees, TS22 5QJ	£440,000	£432,500	-£7,500	14 Dec 2023	27 Mar 2024	104 Days
5 Embleton Road, Billingham, Stockton-on-tees, TS22 5HR	£225,000	£225,000	£00	26 Dec 2023	01 Mar 2024	66 Days
12 Rudston Avenue, Billingham, Stockton-on-tees, TS22 5BN	£180,000	£176,000	-£4,000	23 Dec 2022	26 Jan 2024	399 Days
9 Buxton Gardens, Billingham, Stockton-on-tees, TS22 5AJ	£190,000	£180,000	-£10,000	22 Aug 2023	20 Dec 2023	120 Days
77 Jubilee Grove, Billingham, Stockton-on-tees, TS22 5EJ	£165,000	£165,000	£00	21 Sep 2023	13 Dec 2023	83 Days
25 Murton Grove, Billingham, Stockton-on-tees, TS22 5AZ	£165,000	£164,000	-£1,000	30 Aug 2023	08 Dec 2023	100 Days
64 Sandy Lane, Billingham, Stockton-on-tees, TS22 5BE	£300,000	£286,000	-£14,000	27 Aug 2023	08 Dec 2023	103 Days
17 Eden Way, Billingham, Stockton-on-tees, TS22 5NU	£425,000	£410,000	-£15,000	17 Jul 2023	07 Dec 2023	143 Days
5 Northfield Road, Billingham, Stockton-on-tees, TS22 5EL	£190,000	£178,000	-£12,000	23 Mar 2023	23 Nov 2023	245 Days
22 Lutton Crescent, Billingham, Stockton-on-tees, TS22 5DX	£190,000	£182,000	-£8,000	08 Feb 2023	17 Nov 2023	282 Days
19 Whorlton Road, Billingham, Stockton-on-tees, TS22 5BB	£190,000	£187,000	-£3,000	03 Jun 2023	14 Nov 2023	164 Days
9 The Stables, Wynyard, Billingham, Stockton-on-tees, TS22 5QQ	£475,000	£472,000	-£3,000	28 Jun 2023	27 Oct 2023	121 Days
12 Manor Fields, Wynyard, Billingham, Hartlepool, TS22 5GE	£540,000	£535,000	-£5,000	29 Sep 2022	26 Oct 2023	392 Days
37 Monkseaton Drive, Billingham, Stockton-on-tees, TS22 5HE	£150,000	£140,000	-£10,000	30 Jun 2023	27 Sep 2023	89 Days
8 Wynyard Road, Wolviston, Billingham, Stockton-on-tees, TS22 5LL	£735,000	£725,000	-£10,000	10 Jun 2023	25 Sep 2023	107 Days
7 Elderberry Close, Wynyard, Billingham, Hartlepool, TS22 5US	£500,000	£500,000	£00	01 Apr 2023	14 Sep 2023	166 Days

Most Expensive Streets in TS22 (Billingham)

Postcode	Street	Area	Average	No. of Sales
TS22 5SF	Manorside, Wynyard	Billingham	£867,142	7
TS22 5QF	Castlereagh, Wynyard	Billingham	£757,500	4
TS22 5SW	Swainston Close, Wynyard	Billingham	£737,500	4
TS22 5QE	The Wynd, Wynyard	Billingham	£732,500	9
TS22 5SN	The Plantations, Wynyard	Billingham	£699,722	9
TS22 5UL	Creek Way, Wynyard	Billingham	£651,799	10
TS22 5SE	Wynyard Woods, Wynyard	Billingham	£649,166	3
TS22 5TP	Willow Drive, Wynyard	Billingham	£648,693	19
TS22 5QJ	Wellington Drive, Wynyard	Billingham	£647,416	12
TS22 5GQ	Black Wood, Wynyard	Billingham	£625,000	7

Least Expensive Streets in TS22 (Billingham)

Postcode	Street	Area	Average	No. of Sales
TS22 5HF	Belmont Avenue	Billingham	£78,056	8
TS22 5HG	Belmont Avenue	Billingham	£103,433	5
TS22 5JJ	Queens Drive	Billingham	£111,250	4
TS22 5HA	Grosvenor Road	Billingham	£132,564	7
TS22 5EJ	Jubilee Grove	Billingham	£137,312	8
TS22 5AD	St Aidans Crescent	Billingham	£138,125	4
TS22 5HD	Monkseaton Drive	Billingham	£139,833	3
TS22 5DB	Burniston Drive	Billingham	£140,250	4
TS22 5BN	Rudston Avenue	Billingham	£150,195	10
TS22 5JL	Queens Drive	Billingham	£150,400	5