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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, 48, Mill Lane, Billingham is a mid-century house with 1,237 ft2 of internal area and sits on a 300 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 48, Mill Lane, Billingham is £167,163 and the estimated rental value is £849 per month.
Mill Lane, Billingham, TS23 is located within the TS23 postal district.
48, Mill Lane, Billingham has no records in the the Land Registry and a single entry in the EPC database dated June 2015.
We combine this information with public data 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.
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 48, Mill Lane, Billingham is in very good condition we estimate a sale value of £175,521 and a rental value of £891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,462 and a rental value of £789 per month.
Over the last 12 months the sale value of 48 Mill Lane Billingham has increased by an estimated £4,459 (2.7%) and its rental value has increased by an estimated £31 per month (3.7%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 48, Mill Lane, Billingham sits on a plot of 300m2.
We have plot size data on 5 out of 5 other houses in the postcode and 48, Mill Lane, Billingham sits on the 2nd largest plot.
48, Mill Lane, Billingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Mill Lane, Billingham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 34A, Mill Lane, Billingham, TS23 1HF, a freehold house which sold for £150,000 on the 31st August 2023.
Read more about house prices in TS23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Billingham, TS23 has a total of 54 addresses. According to our analysis of all the public data, 48, Mill Lane, Billingham is the 5th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in TS23.
The closest station to 48, Mill Lane, Billingham is Billingham station which is 1.9 kilometres away.
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 48, Mill Lane, Billingham, 26.8% of property is privately owned outright and 26.8% is socially rented.
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 48, Mill Lane, Billingham, 21.7% of residents are recorded as possessing school level qualifications and 19.5% 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 48, Mill Lane, Billingham, the average age was 42.6 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 48, Mill Lane, Billingham, 0.3% 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 48, Mill Lane, Billingham, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
