Mark Readings

Billericay Local Market Update — September 2026

Mark Readings · 1 September 2026 · CM11 1

Billericay Local Market Update — September 2026

Finding the Sweet Spot, CM11 1 Property Market — September 2026

If you were to take a slow stroll starting from the quiet, leafy lanes of Downham, heading past the primary school and winding your way toward the open spaces of Ramsden Bellhouse, you’d notice something interesting. The "For Sale" signs are popping up like mushrooms after an autumn rain, but the story they tell isn't quite what you’d expect.

Did you know that right now, there is a massive £161,939 gap between what people hope to get for their homes and what buyers are actually handing over? That is the single most surprising thing happening in the CM11 1 postcode this September. It’s like walking into a shop where the price tag says one thing, but everyone at the till is getting a huge discount.

The Price on the Tin The average "asking price" (the number you see on websites like Rightmove) currently sits at £816,282. Over the last month, that figure actually crept up by £7,502. To give you a feel for that, in our neck of the woods, that’s roughly what you’d expect to see on the sticker for a lovely, spacious family home.

However, even though the stickers are getting pricier, the "sold prices" (the money that actually changes hands) dropped by about £7,618 this month.

What’s in the Shop Window? At the moment, there are 60 properties looking for new owners across CM11 1. Whether you’re looking near the village hall in Ramsden Heath or tucked away on a private drive in Ramsden Bellhouse, there is a decent bit of choice.

We are seeing about 5 sales completed every month. Because there are 60 homes for sale and only 5 selling monthly, it means we have a "balanced" market. It’s not a mad rush where everything sells in minutes, but it’s not a ghost town either. It’s a steady, rhythmic heartbeat.

The Reality Check Let's talk about that "Price Gap" again. The average home in CM11 1 actually sells for £654,343.

When you compare that to the average asking price of over £800k, you realise that sellers are often asking for 24.7% more than what buyers are willing to pay. If you’re thinking of moving, the lesson here is simple: don't be fooled by the big numbers you see online. The "real" price is often a lot more sensible.

Looking Back Seven Years If you moved into your home seven years ago, you might be surprised by the "wealth in your walls." Back then, the average sold price was £679,135. Today, it’s £654,343.

That means, on average, homes are worth about £24,792 less than they were seven years ago. While that might sound a bit disappointing, remember that property is a long game. We’ve seen some incredible individual sales recently—like a stunning detached house on Glebe Road in Ramsden Bellhouse going for £2.3 million, and another on School Road in Downham fetching £1.6 million.

The September Summary So, what does this mean for you? If you’re living in CM11 1, your neighbourhood remains a highly desirable place to be. We have a "balanced" market, which is great news because it means there is fairness for both sides. Sellers can still find buyers, and buyers have room to chat about the price.

The secret to success this month? Being realistic. If you price your home at the "actual" selling price rather than the "dream" price, you’ll likely find yourself packing boxes much sooner!

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