Mark Readings

Billericay Market Demand — July 2026

Mark Readings · 1 July 2026 · CM11 1

Billericay Market Demand — July 2026

Key takeaways

The Luxury of Time, CM11 1 Market Demand — July 2026

If you’ve been listening to the chatter over the garden fence or at the local pub, you might have heard two very different stories about our local property market. So, let’s start with a bit of a "Myth vs Reality" check.

The myth? That the CM11 1 area is a frantic race where you have to decide on a house before you’ve even finished your first viewing. The reality? Right now, from the leafy lanes of Ramsden Bellhouse to the friendly doorsteps of Ramsden Heath, our market is actually remarkably calm and balanced.

First, the good news: If you are looking to buy a home in CM11 1, you can finally breathe. You have the luxury of time to check if the boiler is working, if the garden gets enough sun, and if your sofa will actually fit in the lounge. The bad news? If you’re a seller, you might need to be a little more patient than you were a few years ago. Your home isn't going to sell overnight, but for the right price, the buyers are definitely out there.

What does a "Balanced Market" actually look like? Imagine you’re at a local village bake sale. If there’s only one cake and fifty hungry people, that’s a "seller's market" (and a bit of a scrap!). If there are fifty cakes and only one person with a sweet tooth, that’s a "buyer's market." Currently, CM11 1 is sitting right in the middle. We have a "Balanced Market." It’s like a fair dance where nobody is stepping on anyone else’s toes.

The Magic Number: 11.1 Months There is a specific way we agents measure how fast things are moving, and we call it "months of supply." Think of it like a giant fruit bowl. If we stopped putting any new houses into the bowl today, it would take 11.1 months for families to buy everything currently on the shelf.

Interestingly, this hasn't budged an inch since last month. We are still at exactly 11.1 months. It’s stayed as steady as a rock, which is quite rare! In practical terms, this tells us that while there is plenty for sale, the speed at which people are moving is consistent.

The Numbers on the Social Club Noticeboard Right now, there are 57 properties looking for new owners across the CM11 1 postcode. That’s a tiny bit more than last month (we’ve seen 3 more homes join the "for sale" list).

Every month, we see about 5 homes find their perfect match and sell. When you see that we have 57 homes available but only 5 are selling each month, you can see why things feel a bit more relaxed. Around 9% of the homes on the market are finding buyers every 30 days.

We’ve seen some incredible homes change hands recently. For instance, The Tudor House on Glebe Road and Sundown on Park Lane have recently seen people picking up the keys. While the average price people are asking for is around £838,205, the price people are actually paying (the sold price) over the last year has been closer to £667,915. This usually means that the "dream homes" at the top end of the market take a little longer to sell, while the more modestly priced homes move a bit quicker.

What this means for you

Mark Readings is a respected property expert with Keller Williams, specialising in the CM11 1 area. He provides clients with in-depth local market analysis and personalised strategies for successful home sales and purchases.

Sources: Land Registry, Rightmove
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