1A, Parklands Avenue
1A, Parklands Avenue
Description & Estimates
1A, Parklands Avenue, Billingham is described in the public record as an early-century apartment with 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1A, Parklands Avenue, Billingham is £61,281 and its rental estimate is £393 per month, given the available information and assuming reasonable condition.
1, Parklands Avenue is a residential building on Parklands Avenue, Billingham, TS23 and falls within the TS23 postal district.
Our Data Sources
1A, Parklands Avenue, Billingham has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
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.
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 1A, Parklands Avenue, Billingham, we estimate a market value of £64,345 and a rental value of £413 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £56,992 and £366 per month respectively.
Recent Market Change
Over the last year, 1A, Parklands Avenue, Billingham has seen its estimated sale value increase by £751 (1.2%) and its estimated rental value grow by £6 per month (1.5%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
1A, Parklands Avenue, Billingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1A, Parklands Avenue, Billingham have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2022, was Apartment 8, The Old Offices 1, Chapel Road, Billingham, TS23 1FA, a leasehold flat which sold for £137,000.
Read more about house prices in TS23.
- Sold Nov 2022£137,000 | 3 Bed FlatApartment 8, The Old Offices 1, Chapel Road, Billingham, TS23 1FAApartment 8, The Old Offices 1, Chapel Road, Billingham, TS23 1FA
- Sold Sep 2022£58,000 | 2 Bed FlatFlat 7, Medway House, The Green, Billingham, TS23 1EXFlat 7, Medway House, The Green, Billingham, TS23 1EX
- Sold Nov 2021£55,000 | 3 Bed FlatFlat 5, Medway House, The Green, Billingham, TS23 1EXFlat 5, Medway House, The Green, Billingham, TS23 1EX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 32 addresses on Parklands Avenue, Billingham, TS23, 1A, Parklands Avenue, Billingham comes out as the 31st largest and the 31st most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the TS23 district.
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Schools Nearby
- 600mBillingham South Community Primary School
- 800mSt John the Evangelist Catholic Primary School
- 1.0kmPentland Primary School
- 2.4kmNorth Shore Academy
- 2.5kmSt Michael's Catholic Academy
- 2.6kmNorthfield School and Sports College
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Public Transport Nearby
From 1A, Parklands Avenue, Billingham, the nearest station is Billingham, 1.6 kilometres away.
- 1.6kmBillingham
- 3.2kmStockton
- 4.0kmThornaby
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
