Tilbury

Area Guide For Tilbury

Tilbury is a town in the borough of Thurrock, Essex, England. As a settlement it is of relatively recent existence, although it has important historical connections, being the location of a 16th century fort and an ancient cross-river ferry. It is also the location of a modern deep-water port. The name of the present town of Tilbury is derived (by way of the port) from the nearby settlements of East and West Tilbury. The name of these settlements is derived from the Saxon burgh, "fortified place", either belonging to Tila, or perhaps at a lowland place. The 8th century spelling (Bede) was "Tilaburg", and the spelling in Domesday was "Tilberia". Tilburys history is closely connected with its geographical location (see below). Its counterpart on the south bank of the River Thames, Gravesend, has long been an important communications link, and it was there that a cross-river ferry (see below) was connected, mainly due to the narrowness of the river at this point. In addition, Gravesend and Northfleet (also on the south shore) both became vitally important to shipping on the Thames: the former as the first port of call for foreign shipping bound for London, and the latter as a naval

 
 

Tilbury Map

Estimated Price: £170,270
Average Asking Price: £208,004
Price change in last one year: £18,275
Average Price Paid: £137,609
Average Rent Rates: £2,057

 
 

Property Prices Breakdown in Tilbury

Average Price for property in Tilbury is around £170,270 which varies based on type of property you are interested in and ranges from £305,915 for detached house to around £201,613 for semi-detached. Similarly terraced house is around £173,233 and a flat is worth £110,553. Values have been changing and have risen £3,004 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,547 in last 6 months, £18,275 in last 1 year, £27,790 in last 2 years, £36,455 in last 3 years, £32,206 in last 4 years and £36,950 in last 5 years.

Currently average asking price of a property in Tilbury is around £208,004 based on approximately 177 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £2,057 per month.

Estimated property value in Tilbury is £170,270. Average asking price is £208,004 while average price paid is £147,468 which is up by £18,275 and Avg. asking rent £2,057.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Tilbury area. In last 1 year alone average price buyer paid is around £147,468 based on approximately 177 sales in Tilbury area alone. If you compare it to last 3 years sales of 424 properties where buyers paid around £140,607. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £137,609 for 632 and average amount paid for purchase of approx. 839 properties sold in last 7 years comes to about £137,296 per sale.

 
 

Properties For Sale in Tilbury

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £157,998, £186,497 for a 3 bedroom house, £431,969 for a 4 bedroom house and £825,000 for a 5 bedroom house. For a flat similarly the prices varies from £92,398 for a single bedroom to £105,871 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £129,995. To sum up the asking prices for properties in Tilbury it comes to around average £92,398 for 1 bedroom property, £116,296 for 2 bedroom, £181,360 for 3 bedroom, £431,969 for 4 bedroom and £825,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £901 for 1 bedroom to £852 for 2 bedroom and £912 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £581. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750 and £793 for 3 bedroom. You should be generally be expecting around average £687 rent per month for single bedroom property, £800 for 2 bedroom and approximately £895 for 3 bedroom property in Tilbury area.

Popular Houses in Tilbury

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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