Flats/Maisonettes

67 CRANSWICK CLOSE

BILLINGHAM, STOCKTON-ON-TEES, TS23 3NH

£31,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Unknown 0.2 miles
Bus stop Unknown 0.3 miles
Train station Billingham 1.4 miles
University Teesside University 4.2 miles
Hospital Butterwick Hospice 4.2 miles

Property details

Tenure

Leasehold

Property type

Flat

Floor area

20 m²

EPC rating

E

Year built

England and Wales: 1983-1990

Last sold

£31,000 Nov 2023

Price per m²

£1,550/m²

Local average

£68,333 (3 sales)

Street crime

96 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 09/01/2020

Expiry date: 08/01/2030

Current heating cost: £114/year

Potential heating cost: £127/year

Est. upgrade cost to C: £1,258

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Insulate hot water cylinder with 80 mm jacket (£15 - £30)
  • Low energy lighting for all fixed outlets (£10)
  • High heat retention storage heaters and dual immersion cylinder (£800 - £1,200)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 13/11/2023 £31,000 Flat £30,717 to April 2026 View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

No comparable sales found in this area for the last 5 years.

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 62.7%
10y growth 26.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Stockton-on-Tees. Series: Flats and maisonettes. As of April 2026.

1y (index) -2%
5y (index) 5.5%
10y (index) 19.9%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: CLEVELAND HOMES NO 4 LIMITED (02783991)

Rental Range

Estimated market rent for Stockton-on-Tees. Low = conservative, Realistic = average, Optimistic = best case.

Low £664/mo
Realistic £738/mo
Optimistic £812/mo

Based on Local Authority from postcode lookup → Stockton-on-Tees.

LHA (30th percentile) floor for Teesside: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Semi-Detached House, Sledmere Close, TS23 £840/mo 3 0.06 miles OpenRent
3 Bed Detached House, Wallington Road, TS23 £680/mo 3 0.37 miles OpenRent
3 Bed Semi-Detached House, Bolam Grove, TS23 £860/mo 3 0.39 miles OpenRent
3 Bed End Terrace, Flodden Way, TS23 £725/mo 3 0.65 miles OpenRent
3 Bed Terraced House, Hastings Way, TS23 £600/mo 3 0.71 miles OpenRent
3 Bed Semi-Detached House, Low Grange Avenue, TS23 £675/mo 3 0.75 miles OpenRent
3 Bed Terraced House, Kirby Close, TS23 £650/mo 3 1.01 miles OpenRent
3 Bed Terraced House, Redworth Road, TS23 £695/mo 3 1.03 miles OpenRent
3 Bed Terraced House, Redworth Road, TS23 £850/mo 3 1.03 miles OpenRent
3 Bed Terraced House, Appleby Road, TS23 £750/mo 3 1.04 miles OpenRent
3 Bed Terraced House, Rievaulx Avenue, TS23 £850/mo 3 1.17 miles OpenRent

Average rent: £743/mo (11 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2.34%
Max investor price (0.8%) £90,625
Target investor price (1%) £72,500
Gross yield 28.1%
Cost-to-rent ratio 3.6×
Monthly cashflow £505/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 67.5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 33
Criminal damage and arson 19
Anti-social behaviour 15
Vehicle crime 8
Shoplifting 7
Other theft 4
Public order 4
Burglary 3
Drugs 1
Other crime 1
Robbery 1
Total incidents 96

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Bishopton PRU Other 0.5 miles Good — 12 Jul 2017
Bewley Primary School Primary 0.6 miles Good — 18 Apr 2013
Oakdene Primary Academy Primary 0.6 miles Outstanding — 13 Mar 2024
St Joseph's Catholic Primary School Primary 0.7 miles Good — 14 Feb 2014
St Michael's Catholic Academy Secondary 0.9 miles Good — 10 Nov 2022

FENSA

No FENSA certificates found for this address.