16, Lax Terrace
16, Lax Terrace
Description & Estimates
16, Lax Terrace, Billingham is recorded publicly as a mid-century freehold house across 2,464 ft2 of internal area, sitting on a 764 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 16, Lax Terrace, Billingham is £665,128 and its rental estimate is £1,958 per month, given the available information and assuming reasonable condition.
Lax Terrace, Wolviston, Billingham, TS22 falls within the TS22 postal district.
Our Data Sources
16, Lax Terrace, Billingham has 21 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated April 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Lax Terrace, Billingham, we estimate a market value of £698,384 and a rental value of £2,056 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £618,569 and £1,821 per month respectively.
Recent Market Change
Over the last year, 16, Lax Terrace, Billingham has seen its estimated sale value rise by £8,847 (1.3%) and its estimated rental value move up by £23 per month (1.2%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 16, Lax Terrace, Billingham as measuring 764 m2.
That makes it the 2nd largest plot in the postcode, where all 19 other houses have recorded plot data.
Energy Efficiency
16, Lax Terrace, Billingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Lax Terrace, Billingham completed on 31st May 2013 at £470,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.0% over the period since May 2013.
- Sold May 2013£470,000
- Sold Dec 2003£215,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Lax Terrace, Billingham have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th October 2023, was 18, Sunderland Road, Billingham, TS22 5LZ, a freehold house which sold for £615,000.
Read more about house prices in TS22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Lax Terrace, Wolviston, Billingham, TS22, 16, Lax Terrace, Billingham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £435k more expensive than the average property across the TS22 district.
More reading links
Schools Nearby
- 100mWolviston Primary School
- 1.1kmSt Paul's Catholic Primary School
- 1.2kmPrior's Mill CofE Primary School
- 900mNorthfield School and Sports College
- 2.3kmSt Michael's Catholic Academy
- 5.3kmNorth Shore Academy
More reading links
Public Transport Nearby
From 16, Lax Terrace, Billingham, the nearest station is Billingham, 2.4 kilometres away.
- 2.4kmBillingham
- 6.1kmStockton
- 6.5kmMiddlesbrough
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
