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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Cranswick Close, Billingham is £50,038 and the estimated rental value is £363 per month.
Cranswick Close, Billingham, TS23 is located within the TS23 postal district.
55, Cranswick Close, Billingham has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
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 55, Cranswick Close, Billingham is in very good condition we estimate a sale value of £52,540 and a rental value of £381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £46,535 and a rental value of £337 per month.
Over the last 12 months the sale value of 55 Cranswick Close Billingham has increased by an estimated £408 (0.8%) and its rental value has increased by an estimated £7 per month (2.0%), giving an expected gross yield of 8.7%.
55, Cranswick Close, Billingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 55, Cranswick Close, Billingham within a radius of 670 metres over the last 2 years.
The most recent example is 57, Cranswick Close, Billingham, TS23 3NH, a leasehold flat which sold for £34,000 on the 27th September 2017.
Read more about house prices in TS23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranswick Close, Billingham, TS23 has a total of 83 addresses. According to our analysis of all the public data, 55, Cranswick Close, Billingham is the 73rd largest and the 78th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in TS23.
The closest station to 55, Cranswick Close, Billingham is Billingham station which is 2.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 55, Cranswick Close, Billingham, 40.2% of property is privately owned with a mortgage and 32.1% is privately owned outright.
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 55, Cranswick Close, Billingham, 11.8% of residents are recorded as possessing school level qualifications and 27.6% 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 55, Cranswick Close, 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 55, Cranswick Close, Billingham, 2.0% 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 55, Cranswick Close, Billingham, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.