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According to the public record, 16, Derwent Road, Redcar is a early-century freehold house with 1,173 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Derwent Road, Redcar is £181,905 and the estimated rental value is £1,128 per month.
Derwent Road, Redcar, TS10 is located within the TS10 postal district.
16, Derwent Road, Redcar has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 16, Derwent Road, Redcar is in very good condition we estimate a sale value of £191,000 and a rental value of £1,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,171 and a rental value of £1,049 per month.
Over the last 12 months the sale value of 16 Derwent Road Redcar has increased by an estimated £6,371 (3.5%) and its rental value has increased by an estimated £38 per month (3.4%), giving an expected gross yield of 7.4%.
According to data from HM Land Registry, 16, Derwent Road, Redcar sits on a plot of 279m2.
We have plot size data on 18 out of 18 other houses in the postcode and 16, Derwent Road, Redcar sits on the 11th largest plot.
16, Derwent Road, Redcar has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Derwent Road, Redcar was last sold on 6th November 2020 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Derwent Road, Redcar within a radius of 650 metres over the last 2 years.
The most recent example is 25, Kirkleatham Lane, Redcar, TS10 1NS, a freehold house which sold for £160,000 on the 28th June 2024.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Road, Redcar, TS10 has a total of 32 addresses. According to our analysis of all the public data, 16, Derwent Road, Redcar is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in TS10.
The closest station to 16, Derwent Road, Redcar is Redcar Central station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 16, Derwent Road, Redcar, 47.8% of property is privately owned with a mortgage and 39.1% 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 16, Derwent Road, Redcar, 18.9% of residents are recorded as possessing school level qualifications and 28.8% 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 16, Derwent Road, Redcar, the average age was 40.5 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 16, Derwent Road, Redcar, 0.4% 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 16, Derwent Road, Redcar, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.