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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Lax Terrace, Billingham is a period freehold house with 1,431 ft2 of internal area and sits on a 195 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lax Terrace, Billingham is £265,565 and the estimated rental value is £1,187 per month.
Lax Terrace, Wolviston, Billingham, TS22 is located within the TS22 postal district.
2, Lax Terrace, Billingham has 3 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lax Terrace, Billingham is in very good condition we estimate a sale value of £278,844 and a rental value of £1,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,976 and a rental value of £1,104 per month.
Over the last 12 months the sale value of 2 Lax Terrace Billingham has increased by an estimated £6,389 (2.4%) and its rental value has increased by an estimated £32 per month (2.7%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Lax Terrace, Billingham sits on a plot of 195m2.
We have plot size data on 19 out of 19 other houses in the postcode and 2, Lax Terrace, Billingham sits on the 11th largest plot.
2, Lax Terrace, Billingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lax Terrace, Billingham was last sold on 25th June 2020 for £305,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2020, the market for similar properties has dropped 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lax Terrace, Billingham within a radius of 920 metres over the last 2 years.
The most recent example is 21, Wynyard Road, Billingham, TS22 5LQ, a freehold house which sold for £200,000 on the 14th July 2022.
Read more about house prices in TS22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lax Terrace, Wolviston, Billingham, TS22 has a total of 19 addresses. According to our analysis of all the public data, 2, Lax Terrace, Billingham is the 7th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in TS22.
The closest station to 2, Lax Terrace, Billingham is Billingham station which is 2.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lax Terrace, Billingham, 56.2% of property is privately owned outright and 35.8% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Lax Terrace, Billingham, 17.3% of residents are recorded as possessing school level qualifications and 48.5% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lax Terrace, Billingham, the average age was 44.7 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Lax Terrace, Billingham, 3.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Lax Terrace, Billingham, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
