Tilbury House Prices Tilbury House Prices

The average house price in Tilbury is £251,250 using HM Land Registry data.

The average property price increased by £110,874 (55.6%) over the last 5 years and increased by £22,160 (7.69%) over the last 12 months.

Over the last year, there were 62 residential property sales – a decrease of 41 transactions (-66.13%) relative to the previous year. The majority of house sales (14) were in the £334,000 - £370,000 range. Then came properties in the £298,000 - £334,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,000 (0%).

In April 2024, there were 11 new estate agency instructions, 17 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Tilbury

55.6%

Property prices in Tilbury increased by 55.6% 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 Tilbury Over the Last Year

7.69%

Property prices in Tilbury increased by 7.69% 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 Tilbury - 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 Tilbury

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 Tilbury

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 Tilbury

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 Tilbury since 1995

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

Recent Property Sales in Tilbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 14, Poets Corner, Thackeray Avenue, Tilbury, Thurrock, RM18 8HR£100,000£100,000£0021 Apr 202301 Mar 2024315 Days
12 Fleming Gardens, Tilbury, Thurrock, RM18 8JR£325,000£315,000-£10,00013 May 202310 Jan 2024242 Days
22 Galsworthy Road, Tilbury, Thurrock, RM18 8JS£350,000£330,000-£20,00019 Jun 202306 Nov 2023140 Days
52 Fairfax Road, Tilbury, Thurrock, RM18 7BB£350,000£350,000£0028 Apr 202324 Oct 2023179 Days
9 Brunel Close, Tilbury, Thurrock, RM18 8EJ£335,000£335,000£0027 Jul 202309 Oct 202374 Days
14 Chesterton Way, Tilbury, Thurrock, RM18 8DJ£300,000£295,000-£5,00013 Jun 202306 Oct 2023115 Days
73 Fielding Avenue, Tilbury, Thurrock, RM18 8HW£350,000£350,000£0003 Apr 202315 Sep 2023165 Days
25 London Road, Tilbury, Thurrock, RM18 8DU£330,000£330,000£0003 Mar 202306 Sep 2023187 Days
22 St Chads Road, Tilbury, Thurrock, RM18 8LA£325,000£325,000£0010 May 202323 Aug 2023105 Days
57 Newton Road, Tilbury, Thurrock, RM18 8YB£340,000£330,000-£10,00010 Jan 202318 Aug 2023220 Days
82 Feenan Highway, Tilbury, Thurrock, RM18 8JD£350,000£342,000-£8,00010 Feb 202302 Jun 2023112 Days
1 Chesterton Way, Tilbury, Thurrock, RM18 8DJ£330,000£330,000£0009 Jan 202331 May 2023142 Days
16 Toronto Road, Tilbury, Thurrock, RM18 7RL£350,000£350,000£0009 Feb 202330 May 2023110 Days
Flat 15, Riverside Heights, Dock Road, Tilbury, Thurrock, RM18 7DQ£125,000£120,000-£5,00003 Mar 202210 Mar 2023372 Days
47 Moore Avenue, Tilbury, Thurrock, RM18 8DP£375,000£375,000£0006 Aug 202227 Feb 2023205 Days
8 Southey Walk, Tilbury, Thurrock, RM18 8AT£350,000£350,000£0017 Jan 202327 Feb 202341 Days
11 Hume Avenue, Tilbury, Thurrock, RM18 8DX£325,000£325,000£0025 Oct 202224 Feb 2023122 Days
46 Brunel Close, Tilbury, Thurrock, RM18 8EJ£450,000£435,000-£15,00009 Aug 202220 Jan 2023164 Days
40 Ottawa Road, Tilbury, Thurrock, RM18 7RH£350,000£350,000£0009 Sep 202204 Nov 202256 Days
Flat 30, Garner Court, Dunlop Road, Tilbury, Thurrock, RM18 7BG£200,000£200,000£0021 Apr 202201 Nov 2022194 Days

Most Expensive Streets in Tilbury

PostcodeStreetAreaAverageNo. of Sales
RM18 7DBDock RoadTilbury£355,0004
RM18 8JJFeenan HighwayTilbury£331,5836
RM18 8EJBrunel CloseTilbury£330,2005
RM18 8XBStephenson AvenueTilbury£326,2504
RM18 8LUPoynder RoadTilbury£324,6005
RM18 7RHOttawa RoadTilbury£320,3333
RM18 8DPMoore AvenueTilbury£312,0006
RM18 8DULondon RoadTilbury£311,6663
RM18 8YBNewton RoadTilbury£311,0008
RM18 7AJChurch RoadTilbury£308,7504

Least Expensive Streets in Tilbury

PostcodeStreetAreaAverageNo. of Sales
RM18 8HRPoets CornerThackeray Avenue£91,6663
RM18 7BTDock RoadTilbury£115,5004
RM18 7DQRiverside HeightsDock Road£128,3333
RM18 7BLThe QuaysDock Road£164,83654
RM18 7BGGarner CourtDunlop Road£175,1119
RM18 7EUThe QuaysDock Road£179,7464
RM18 7BXDock RoadTilbury£182,0008
RM18 7AALansdowne CourtLansdowne Road£182,5628
RM18 7ABMelbourne RoadTilbury£200,1387
RM18 8JQBurns PlaceTilbury£207,7507

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