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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 5, Wimbledon House 3, Billingham is a modern leasehold apartment with 643 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 5, Wimbledon House 3, Billingham is £121,383 and the estimated rental value is £667 per month.
The apartment is within Wimbledon House, Monksfield, Billingham, TS23.
Monksfield, Billingham, TS23 is located within the TS23 postal district.
Flat 5, Wimbledon House 3, Billingham has a single entry in the Land Registry from June 2008 and a single entry in the EPC database dated October 2008.
We combine this information with that 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 Flat 5, Wimbledon House 3, Billingham is in very good condition we estimate a sale value of £127,452 and a rental value of £700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,886 and a rental value of £620 per month.
Over the last 12 months the sale value of Flat 5 Wimbledon House 3 Billingham has increased by an estimated £1,487 (1.2%) and its rental value has increased by an estimated £10 per month (1.5%), giving an expected gross yield of 6.6%.
Flat 5, Wimbledon House 3, Billingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Oct 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, Wimbledon House 3, Billingham was last sold on 17th June 2008 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2008, the market for similar properties has dropped 37.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Wimbledon House 3, Billingham within a radius of 680 metres over the last 2 years.
The most recent example is Flat 5, Headingly House 4, Monksfield, Billingham, TS23 1FG, a leasehold flat which sold for £92,000 on the 22nd January 2021.
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 5, Wimbledon House 3, Billingham is the 25th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in TS23.
The closest station to Flat 5, Wimbledon House 3, 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 5, Wimbledon House 3, 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 5, Wimbledon House 3, 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 5, Wimbledon House 3, 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 5, Wimbledon House 3, 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 5, Wimbledon House 3, 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.
