We
2023 January - December
Property Marketing Insights
Est 1968
Our Beresfords Property Marketing Insights Report for Billericay provides you with area statistics, a review of the Residential Sales and Lettings Market over the last 12 months, and also gives you an insight into property prices in the area over a six year period. Interested in Billericay? Read on for more information.
Billericay tel | 01245 397499
Area Insights | Billericay
01
Area Insights - Billericay Nestled within the heart of the region, Billericay offers a unique blend of community and lifestyle, painted against a backdrop of intriguing demographics and evolving dynamics. With a population density of 7.9 residents per hectare, the town boasts a vibrant sense of togetherness that sets it apart from the surrounding area.
Demographic segments reveal interesting patterns that impact market dynamics. A distinctive 12.6% of the population falls within the 35 to 44 age group, below the regional average. This unique distribution a�ects consumer preferences, with implications for property preferences, amenities, and services that cater to this age group’s needs.
Zooming in on the numbers, the population of Billericay reached 44,660 in 2021, marking a modest yet notable increase of 0.9% over the span of a decade, from 2011 to 2021. This growth is a vital factor in gauging the town’s trajectory and potential market shifts, o�ering a glimpse into the demands and preferences of its residents.
Delving into households, Billericay presents an interesting dichotomy. While 26.3% of households consist of individuals living alone, a significant 40% of households accommodate families with children. This divergence shapes the demand for housing types, sizes, and amenities, contributing to a dynamic market that serves diverse living arrangements.
Billericay Residential Sales Overview •
•
•
Over the last 12 months the average sales price in Billericay was £481,401. The total value of sales was £314,760,592. 15% of sales in the past 12 months were flats, achieving an average sales price of £236,015. Houses achieved an average price of £546,689.
The highest value recorded by the Land Registry over the past 12 months was £545,000 for a flat and £3,950,000 for a house.
We love that Billericay has acres of beautiful countryside to enjoy, a vibrant town centre and excellent rail connections to London and surrounding areas. With nearly 19,000 homes, 89% of which are houses, Billericay is the perfect place for family life. Jessica Roach Branch Manager beresfords.co.uk
Sales | Billericay
02
Average Sales Prices The chart below shows the average sales prices in Billericay for all properties from January 2018 (£395,019) to October 2023 (£454,839).
Change in prices compared to July 2022
Beresfords 2023 Statistics
15,171
384,652
New buyers registered
Unique visitors to our website
99% of asking price achieved
15,851 New tenants registered
beresfords.co.uk
Lettings | Billericay
03
Billericay Residential Lettings Overview •
Over the last 12 months, the average rent achieved for homes let in Billericay was £1,331 per month. This is a +5% change on the previous 12 month period.
•
•
34% of homes let in the past 12 months were flats, achieving an average rental value of £1,066 per month. Houses achieved an average rent of £1,499 per month. 18% of renters are aged between 25 and 29.
Below shows the average rental figures achieved in Billericay by property type.
Below shows the average rental figures achieved in Billericay by property type.
Independent Mortgage & Protection Advisers
Let Flagstone do the work! At Flagstone we like to build relationships and love nothing more than helping returning clients with their ongoing mortgage and protection needs. To find out how Flagstone can help you, call to book your FREE appointment on:
01245 955749 beresfords.co.uk