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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, Flat 3, Headingly House 4, Billingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 661 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, Headingly House 4, Billingham is £116,119 and the estimated rental value is £593 per month.
The apartment is within Headingly House, Monksfield, Billingham, TS23.
Monksfield, Billingham, TS23 is located within the TS23 postal district.
Flat 3, Headingly House 4, Billingham has a single entry in the Land Registry from February 2013 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 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 Flat 3, Headingly House 4, Billingham is in very good condition we estimate a sale value of £121,925 and a rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,991 and a rental value of £551 per month.
Over the last 12 months the sale value of Flat 3 Headingly House 4 Billingham has increased by an estimated £946 (0.8%) and its rental value has increased by an estimated £12 per month (2.0%), giving an expected gross yield of 6.1%.
According to HM Land Registry, Flat 3, Headingly House 4, Billingham was last sold on 18th February 2013 for £89,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2013, the market for similar properties has dropped 32.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Headingly House 4, Billingham within a radius of 680 metres over the last 2 years.
The most recent example is Flat 4, Headingly House 4, Monksfield, Billingham, TS23 1FG, a leasehold flat which sold for £89,950 on the 18th September 2020.
Read more about house prices in TS23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monksfield, Billingham, TS23 has a total of 32 addresses. According to our analysis of all the public data, Flat 3, Headingly House 4, Billingham is the 26th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in TS23.
The closest station to Flat 3, Headingly House 4, Billingham is Billingham station which is 1.4 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 Flat 3, Headingly House 4, Billingham, 40.4% of property is privately owned with a mortgage and 31.1% is privately 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 Flat 3, Headingly House 4, Billingham, 20.7% of residents are recorded as possessing school level qualifications and 24.7% 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 Flat 3, Headingly House 4, 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 Flat 3, Headingly House 4, Billingham, 0.5% 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 Flat 3, Headingly House 4, Billingham, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
