Billericay House Prices Billericay House Prices

The average house price in Billericay is £376,666 using HM Land Registry data.

The average property price increased by £79,765 (17.31%) over the last 5 years and increased by £15,942 (3.04%) over the last 12 months.

Over the last year, there were 368 residential property sales – a decrease of 219 transactions (-59.51%) relative to the previous year. The majority of house sales (113) were in the £342,000 - £454,000 range. Then came properties in the £454,000 - £566,000 range, where 68 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,899 (-2%).

In April 2024, there were 99 new estate agency instructions, 56 agreed home sales and 46 property price reductions.

5-Year Average Property Prices in Billericay

17.31%

Property prices in Billericay increased by 17.31% 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 Billericay Over the Last Year

3.04%

Property prices in Billericay increased by 3.04% 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 Billericay - April 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 Billericay

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 Billericay

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 Billericay

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 Billericay since 1995

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

Recent Property Sales in Billericay

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Trinity Road, Billericay, Essex, CM11 2RT£375,000£365,000-£10,00024 Nov 202301 Mar 202498 Days
20 The Oaks, Billericay, Essex, CM11 2RP£450,000£444,250-£5,75011 Jul 202319 Feb 2024223 Days
Apartment 11, Southwood Court, Southend Road, Billericay, Essex, CM11 2RA£200,000£200,000£0027 Feb 202315 Feb 2024353 Days
6 Gatwick View, Billericay, Essex, CM12 9QU£250,000£245,000-£5,00024 Aug 202301 Feb 2024161 Days
40 Prower Close, Billericay, Essex, CM11 2BU£599,950£595,000-£4,95008 Aug 202326 Jan 2024171 Days
51 Mill Road, Billericay, Essex, CM11 2SD£425,000£405,000-£20,00030 Aug 202308 Dec 2023100 Days
4 First Avenue, Billericay, Essex, CM12 9PT£530,000£520,000-£10,00012 Jul 202301 Dec 2023142 Days
41 Ian Road, Billericay, Essex, CM12 0JZ£575,000£540,000-£35,00012 Jul 202330 Nov 2023141 Days
3 Gloucester Place, Billericay, Essex, CM12 0YL£400,000£400,000£0019 Aug 202329 Nov 2023102 Days
3 Boleyn Close, Billericay, Essex, CM12 0YZ£725,000£710,000-£15,00009 Oct 202328 Nov 202350 Days
6 Charity Farm Chase, Billericay, Essex, CM12 9LF£650,000£625,000-£25,00007 Sep 202328 Nov 202382 Days
6 Bunting Lane, Billericay, Essex, CM11 2YT£675,000£660,000-£15,00028 Jun 202328 Nov 2023153 Days
135a, Norsey View Drive, Billericay, Essex, CM12 0QX£635,000£635,000£0030 May 202327 Nov 2023181 Days
26 Norsey View Drive, Billericay, Essex, CM12 0QR£875,000£845,000-£30,00014 Jul 202327 Nov 2023136 Days
31 Mountnessing Road, Billericay, Essex, CM12 9EX£1,750,000£1,675,000-£75,00031 May 202327 Nov 2023180 Days
20 Bunting Lane, Billericay, Essex, CM11 2YT£545,000£525,000-£20,00010 May 202322 Nov 2023196 Days
5 Sadlers Close, Billericay, Essex, CM11 1SB£725,000£710,000-£15,00001 Aug 202315 Nov 2023106 Days
107 Salesbury Drive, Billericay, Essex, CM11 2JJ£360,000£360,000£0008 Jun 202303 Nov 2023148 Days
27a, Langham Crescent, Billericay, Essex, CM12 9RB£270,000£265,000-£5,00010 Jul 202302 Nov 2023115 Days
12 Earl Mountbatten Drive, Billericay, Essex, CM12 0ED£750,000£735,000-£15,00008 Mar 202326 Oct 2023232 Days

Most Expensive Streets in Billericay

PostcodeStreetAreaAverageNo. of Sales
CM11 1DBNorsey RoadBillericay£2,113,3333
CM11 1BGNorsey RoadBillericay£1,453,0005
CM11 1BHNorsey RoadBillericay£1,251,2504
CM11 1BTNorsey RoadBillericay£1,247,6003
CM11 1ATNorsey RoadBillericay£1,165,0004
CM11 1BUNorsey RoadBillericay£1,163,0004
CM11 1BANorsey GrangeBillericay£1,150,0003
CM11 1BZNorsey RoadBillericay£1,143,3333
CM12 0BAHillhouse DriveBillericay£1,087,5005
CM11 1DLPotash RoadBillericay£1,077,3758

Least Expensive Streets in Billericay

PostcodeStreetAreaAverageNo. of Sales
CM12 0QHPark LodgeBillericay£151,66636
CM11 2SLSelworthy CloseBillericay£169,7509
CM12 0NGOld Farm CourtBillericay£171,75010
CM12 0STMallow GardensBillericay£172,3333
CM11 2JBAllington CourtBillericay£193,87516
CM11 2RASouthwood CourtSouthend Road£212,21014
CM11 2HRSunnymede CourtCavell Road£212,4374
CM11 2JWFletcher CourtSalesbury Drive£215,0004
CM12 0SZGranville CloseBillericay£217,1427
CM12 9RBLangham CrescentBillericay£217,9449

Explore Billericay and Neighbouring Area House Prices