House Prices in TS23 House Prices in TS23 (Billingham)

The average house price in TS23 (Billingham) is £136,227 using HM Land Registry data.

The average property price increased by £32,008 (10.06%) over the last 5 years and increased by £6,399 (1.7%) over the last 12 months.

Over the last year, there were 260 residential property sales – a decrease of 119 transactions (-45.77%) relative to the previous year. The majority of house sales (83) were in the £106,000 - £132,000 range. Then came properties in the £80,000 - £106,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,303 (-3%).

In June 2024, there were 36 new estate agency instructions, 37 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in TS23 (Billingham)

10.06%

Property prices in Billingham increased by 10.06% 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 TS23 (Billingham) Over the Last Year

1.7%

Property prices in Billingham increased by 1.7% 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 TS23 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 TS23 (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 TS23 (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 TS23 (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 TS23 (Billingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TS23 postcode area since 1995.

Recent Sales in TS23 (Billingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Landseer Drive, Billingham, Stockton-on-tees, TS23 3GF£240,000£238,000-£2,00030 Jan 202428 May 2024119 Days
67 Wansford Close, Billingham, Stockton-on-tees, TS23 3NQ£135,000£135,000£0012 Dec 202309 May 2024149 Days
66 Bedale Avenue, Billingham, Stockton-on-tees, TS23 1AL£150,000£140,000-£10,00002 Oct 202309 May 2024220 Days
4 Bedale Avenue, Billingham, Stockton-on-tees, TS23 1AH£130,000£125,000-£5,00001 Feb 202403 May 202492 Days
51 Delaval Road, Billingham, Stockton-on-tees, TS23 3BP£125,000£120,000-£5,00026 Dec 202326 Apr 2024122 Days
45 Cranswick Close, Billingham, Stockton-on-tees, TS23 3NH£120,000£120,000£0024 Jan 202426 Apr 202493 Days
211 Wolviston Back Lane, Billingham, Stockton-on-tees, TS23 3NG£150,000£139,000-£11,00004 Oct 202324 Apr 2024203 Days
37 Braemar Road, Billingham, Stockton-on-tees, TS23 2AF£120,000£115,000-£5,00024 Aug 202328 Mar 2024217 Days
98 Sidlaw Road, Billingham, Stockton-on-tees, TS23 2EJ£110,000£103,000-£7,00009 Nov 202328 Mar 2024140 Days
14 Anlaby Close, Billingham, Stockton-on-tees, TS23 3RA£215,000£200,000-£15,00023 May 202321 Mar 2024303 Days
6 Etton Road, Billingham, Stockton-on-tees, TS23 3YQ£300,000£290,000-£10,00030 Aug 202315 Mar 2024198 Days
69 North Park, Billingham, Stockton-on-tees, TS23 3SU£70,000£69,000-£1,00002 Oct 202312 Mar 2024162 Days
4 Brunner Road, Billingham, Stockton-on-tees, TS23 1HW£99,950£95,000-£4,95011 Apr 201406 Mar 20243617 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
33 Rydal Avenue, Billingham, Stockton-on-tees, TS23 1HX£110,000£105,000-£5,00006 Dec 202316 Feb 202472 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
35 Brendon Crescent, Billingham, Stockton-on-tees, TS23 2QS£100,000£97,000-£3,00017 Jul 202301 Feb 2024199 Days
251 Wolviston Back Lane, Billingham, Stockton-on-tees, TS23 3NG£175,000£160,000-£15,00015 May 202301 Feb 2024262 Days

Most Expensive Streets in TS23 (Billingham)

PostcodeStreetAreaAverageNo. of Sales
TS23 1PTBrent CourtBillingham£306,1663
TS23 4HSCowpen BewleyBillingham£291,8577
TS23 3YQEtton RoadBillingham£268,6663
TS23 3FEShelley CloseBillingham£262,0003
TS23 3GTAusten CloseBillingham£260,5005
TS23 3YJBeeford CloseBillingham£255,0003
TS23 3GNHardy GroveBillingham£249,6254
TS23 3YSElvington CloseBillingham£232,6663
TS23 1QNHallcroft CloseBillingham£232,0839
TS23 3GGRossetti WayBillingham£230,7504

Least Expensive Streets in TS23 (Billingham)

PostcodeStreetAreaAverageNo. of Sales
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
TS23 1HXRydal AvenueBillingham£73,6663
TS23 3XAButsfield WayBillingham£74,0003

Explore TS23 (Billingham) using map