Mark Readings

Billericay Local Market Update — February 2026

Mark Readings · 13 February 2026 · CM11 1

Billericay Local Market Update — February 2026

Key takeaways

A Chessboard in Motion, CM11 1 Property Market — February 2026

If I told you that being "bold" on a property portal was the same thing as "getting a result" at the solicitors, would you believe me?

In the CM11 1 postcode, we are currently seeing a fascinatng disconnect that reminds me of a grandmaster chess match. On one side of the board, we have the "opening gambit"—the ambitious asking prices. On the other, we have the "endgame"—the actual cold, hard cash changing hands. Whether you are eyeing up a detached family home near the village green in Ramsden Heath or looking for something with a bit of character tucked away in Downham, understanding this gap is the key to winning the game this February.

The Ambition: Asking Prices

Right now, the average asking price in CM11 1 has climbed to £913,515. That is a jump of £21,015 (2.4%) in just the last month. To put that in perspective, that’s roughly what a high-end, spacious 4 or 5-bedroom home in a desired spot like Ramsden Bellhouse might be listed for.

Sellers are clearly feeling confident. However, it’s worth noting that while 70% of homes fall between £450,000 and £1,550,000, we are seeing some truly "trophy" listings that push that average up.

The Reality: The Price Gap

Here is the bit where I need to be your "straight-talking" friend. There is a significant gulf between what you see on Rightmove and what buyers are actually paying.

The average sold price over the last 12 months in CM11 1 sits at £716,738. This means there is a gap of £196,777 (27.5%) between the "sticker price" and the final handshake. In simple English? While sellers are shooting for the moon, buyers are keeping their feet firmly on the ground. If you are selling, pricing realistically from day one is your best strategy to avoid sitting on the market for too long.

Choice and Pace

Currently, we have 68 active listings across the postcode, with 18 properties newly hitting the market or currently available for immediate interest. We are seeing about 8 sales per month—a steady rhythm that suggests a "quality over quantity" market.

Properties are taking an average of 66 days to move from "For Sale" to "Under Offer." From the leafy lanes of the Windsor Trading Estate area to the residential hearts of our villages, it’s a seller’s market—but only for those who understand the value of their "pieces" on the board.

The Long Game: 7-Year Growth

If you’ve lived here for a while, you’re likely sitting on a very comfortable cushion. Seven years ago, the average sold price in CM11 1 was £673,340. Today, it’s £716,738.

That is a monetary growth of £43,398—a 6.4% increase. That is real wealth sitting in your bricks and mortar. Whether you're in a detached house on Homestead Road or a cottage in the outlying hamlets, your home hasn't just been a roof over your head; it’s been a solid investment.

The Mark Readings Verdict

The CM11 1 market is healthy, but it requires a tactical mind. We’ve seen some massive individual sales recently—like the £2.86m sale on Homestead Road and the £1.95m success on Park Lane in Ramsden Heath—which shows the appetite for premium property is still very much alive.

If you’re thinking of moving, don’t be distracted by the "noise" of high asking prices. Focus on the "sold" data. Whether you are buying or selling, my door is always open for a chat about how to navigate these moves.

Mark Readings is a local property expert with Keller Williams. He specialises in the CM11 1 postcode area, helping clients navigate the local market to achieve their property goals.

Sources: Rightmove, Land Registry, PropertyData
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