8, Lax Terrace
8, Lax Terrace
Description & Estimates
The public record lists 8, Lax Terrace, Billingham as a freehold house sitting on a 94.8 m2 plot.
Comparison with its neighbours suggests a period house with 910 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
8, Lax Terrace, Billingham has an estimated sale value of £207,688 and an estimated rental value of £1,096 per month, assuming reasonable condition and based on the information available.
Lax Terrace, Wolviston, Billingham, TS22 lies within the TS22 postal district.
Our Data Sources
8, Lax Terrace, Billingham has 21 entries in the Land Registry , most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Lax Terrace, Billingham would be worth £218,073, with a potential rental value of £1,151 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £193,150, with a rental value of £1,020 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Lax Terrace, Billingham has moved up by £5,167 (2.5%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (3.2%). The property's estimated gross yield is currently 6.3%.
Plot Size
8, Lax Terrace, Billingham occupies a 95 m2 plot as recorded by HM Land Registry.
All 19 other houses in this postcode have recorded plot sizes, and this one ranks as the 18th largest.
Sold Prices
8, Lax Terrace, Billingham last changed hands on 7th June 2007, selling for £142,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 27.9% since June 2007.
- Sold Jun 2007£142,500
- Sold Oct 1996£50,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 930 metres of 8, Lax Terrace, Billingham across the last 2 years.
Most recently, 3, Lax Terrace, Billingham, TS22 5LE, a freehold house, sold at £155,000 on the 4th October 2024.
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
Our analysis of the public data ranks 8, Lax Terrace, Billingham as the 14th largest and the 15th most expensive of the 19 addresses on Lax Terrace, Wolviston, Billingham, TS22.
Against the TS22 postcode district average, it is £22k less expensive than the typical property.
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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
Billingham station is the nearest stop to 8, Lax Terrace, Billingham at 2.4 kilometres away.
- 2.4kmBillingham
- 6.1kmStockton
- 6.5kmMiddlesbrough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
