Billingham House Prices Billingham House Prices

The average house price in Billingham is £144,892 using HM Land Registry data.

The average property price increased by £33,305 (27.37%) over the last 5 years and increased by £6,657 (4.49%) over the last 12 months.

Over the last year, there were 337 residential property sales – a decrease of 138 transactions (-40.95%) relative to the previous year. The majority of house sales (96) were in the £110,000 - £140,000 range. Then came properties in the £80,000 - £110,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,737 (-2%).

In April 2024, there were 53 new estate agency instructions, 30 agreed home sales and 30 property price reductions.

5-Year Average Property Prices in Billingham

27.37%

Property prices in Billingham increased by 27.37% 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 Billingham Over the Last Year

4.49%

Property prices in Billingham increased by 4.49% 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 Billingham - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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 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 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 Billingham since 1995

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

Recent Property Sales in Billingham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Embleton Road, Billingham, Stockton-on-tees, TS22 5HR£225,000£225,000£0026 Dec 202301 Mar 202466 Days
36 Chaucer Close, Billingham, Stockton-on-tees, TS23 3GU£280,000£280,000£0014 Sep 202327 Feb 2024166 Days
34 Grampian Road, Billingham, Stockton-on-tees, TS23 2PH£80,000£80,000£0024 Nov 202323 Feb 202491 Days
1 Bedale Avenue, Billingham, Stockton-on-tees, TS23 1AH£110,000£109,000-£1,00011 Aug 202312 Feb 2024185 Days
2 Middridge Grove, Billingham, Stockton-on-tees, TS23 3PU£155,000£145,000-£10,00027 Jun 202301 Feb 2024219 Days
50 Hardy Grove, Billingham, Stockton-on-tees, TS23 3GN£290,000£290,000£0012 Jul 202329 Jan 2024201 Days
12 Rudston Avenue, Billingham, Stockton-on-tees, TS22 5BN£180,000£176,000-£4,00023 Dec 202226 Jan 2024399 Days
2 Shelley Close, Billingham, Stockton-on-tees, TS23 3FE£300,000£300,000£0017 Jul 202324 Jan 2024191 Days
17 Richmond Crescent, Billingham, Stockton-on-tees, TS23 2JP£175,000£168,000-£7,00012 Sep 202324 Jan 2024134 Days
22 Windermere Avenue, Billingham, Stockton-on-tees, TS23 1JL£100,000£98,000-£2,00018 Sep 202324 Jan 2024128 Days
9 Low Grange Avenue, Billingham, Stockton-on-tees, TS23 3EH£125,000£120,000-£5,00018 Oct 202319 Jan 202493 Days
114 Weardale Crescent, Billingham, Stockton-on-tees, TS23 1BD£130,000£130,000£0023 Jul 202320 Dec 2023150 Days
16 Langdale Road, Billingham, Stockton-on-tees, TS23 1AN£185,000£185,000£0011 Aug 202320 Dec 2023131 Days
9 Buxton Gardens, Billingham, Stockton-on-tees, TS22 5AJ£190,000£180,000-£10,00022 Aug 202320 Dec 2023120 Days
7 Butsfield Way, Billingham, Stockton-on-tees, TS23 3XA£85,000£80,000-£5,00005 May 202319 Dec 2023228 Days
47 Knole Road, Billingham, Stockton-on-tees, TS23 3BJ£95,000£90,000-£5,00025 Jul 202318 Dec 2023146 Days
72 Cotswold Crescent, Billingham, Stockton-on-tees, TS23 2QB£128,000£128,000£0006 Oct 202318 Dec 202373 Days
25 Kilnwick Close, Billingham, Stockton-on-tees, TS23 3NJ£230,000£230,000£0002 Aug 202314 Dec 2023134 Days
77 Jubilee Grove, Billingham, Stockton-on-tees, TS22 5EJ£165,000£165,000£0021 Sep 202313 Dec 202383 Days
4 Tamworth Road, Billingham, Stockton-on-tees, TS23 2AX£125,000£125,000£0011 Sep 202311 Dec 202391 Days

Most Expensive Streets in Billingham

PostcodeStreetAreaAverageNo. of Sales
TS22 5RPKielder CloseBillingham£333,3333
TS23 1PTBrent CourtBillingham£306,1663
TS22 5BHAvon GroveBillingham£298,3333
TS22 5RFHawkstone CloseBillingham£285,0003
TS23 3YQEtton RoadBillingham£268,6663
TS22 5EXThames RoadBillingham£263,7504
TS23 3FEShelley CloseBillingham£262,0003
TS23 3GTAusten CloseBillingham£260,5005
TS23 3YJBeeford CloseBillingham£255,0003
TS22 5BJSevern GroveBillingham£254,4995

Least Expensive Streets in Billingham

PostcodeStreetAreaAverageNo. of Sales
TS2 1SLLimetrees CloseMiddlesbrough£42,2505
TS2 1TJMeadowdale CloseMiddlesbrough£47,0003
TS23 3RQKennedy GardensBillingham£55,3333
TS23 2QLOchil TerraceBillingham£56,2504
TS23 3XGHalton CourtBillingham£58,1663
TS23 3RFKennedy GardensBillingham£65,6663
TS23 2QWCotswold CrescentBillingham£66,1663
TS23 3EFAshdown WayBillingham£69,3754
TS23 2QDBraid CrescentBillingham£70,0003
TS23 3ABMarsh House AvenueBillingham£71,6663

Explore Billingham and Neighbouring Area House Prices