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40 Esplanade is a residential building situated on Esplanade, Redcar, TS10 with 2 addresses.
It ranks as the 114th largest and 347th most expensive of the 399 buildings in the TS10 area.
The building contains a total of 2 properties: 2 flats.
40 Esplanade is a residential building situated on Esplanade, Redcar, TS10 with 2 addresses.
It ranks as the 114th largest and 347th most expensive of the 399 buildings in the TS10 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £60,990 for 2 bedroom leasehold flats with a garden (462 ft2) to £140,594 for 3 bedroom leasehold houses with a garden (882 ft2) .
Monthly rental prices range from £551 pcm for 2 bed flats to £1,045 pcm for 3 bed houses.
The gross rental yield is between 8.9% and 10.8%.
The average value per square foot is £145.
The last sale in 40 Esplanade sold for £104,500 on 24th July 2003. Since then prices are down an average of 0.0%.
The current average value in the building is £100,792.
The 40 Esplanade Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £100,792 |
| April 2025 | 2.7% | £97,918 |
| April 2024 | -0.4% | £95,318 |
| April 2023 | 4.9% | £95,737 |
| April 2022 | 8.4% | £91,308 |
| April 2021 | 8.6% | £84,230 |
| April 2020 | 2.1% | £77,535 |
| April 2019 | 0% | £75,943 |
| April 2018 | -1.6% | £75,921 |
| April 2017 | -2.4% | £77,144 |
| April 2016 | 2% | £79,047 |
| April 2015 | -2.3% | £77,498 |
| April 2014 | 4.1% | £79,331 |
| April 2013 | -2.2% | £76,233 |
| April 2012 | -1.6% | £77,910 |
| April 2011 | -4.7% | £79,210 |
| April 2010 | -1% | £83,083 |
| April 2009 | -9.4% | £83,919 |
| April 2008 | -0.5% | £92,618 |
| April 2007 | 0% | £93,072 |
The current average rental value in the building is £798.
The 40 Esplanade Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £798pcm |
| April 2025 | 7% | £771pcm |
| April 2024 | 6.9% | £720pcm |
| April 2023 | 9.3% | £674pcm |
| April 2022 | 10.3% | £616pcm |
| April 2021 | 1.1% | £559pcm |
| April 2020 | 0.7% | £553pcm |
| April 2019 | 0.6% | £549pcm |
| April 2018 | -1.2% | £545pcm |
| April 2017 | -2.2% | £552pcm |
| April 2016 | 1.4% | £564pcm |
| April 2015 | -0.6% | £557pcm |
| April 2014 | -1.6% | £560pcm |
| April 2013 | -0.7% | £570pcm |
| April 2012 | -2.1% | £574pcm |
| April 2011 | 1.5% | £586pcm |
| April 2010 | -2.3% | £577pcm |
| April 2009 | -1.9% | £591pcm |
| April 2008 | 4.9% | £602pcm |
| April 2007 | 0% | £574pcm |
The last sale was on 24th July 2003 for £104,500 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
40, Esplanade, Redcar, TS10 3AG has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 40, Esplanade, Redcar, TS10 3AG is Redcar Central station which is 500 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Esplanade, Redcar, TS10 3AG, 58.5% of property is privately rented and 22.9% is privately owned outright.
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 40, Esplanade, Redcar, TS10 3AG, 14.7% of residents are recorded as possessing school level qualifications and 20.0% 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 40, Esplanade, Redcar, TS10 3AG, the average age was 43 and the most common age was 52.
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 40, Esplanade, Redcar, TS10 3AG, 0.0% 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 40, Esplanade, Redcar, TS10 3AG, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.