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According to the public record, 2, Devon Close, Redcar is a mid-century apartment with 635 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 2, Devon Close, Redcar is £64,882 and the estimated rental value is £584 per month.
Devon Close, Redcar, TS10 is located within the TS10 postal district.
2, Devon Close, Redcar has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Devon Close, Redcar is in very good condition we estimate a sale value of £68,126 and a rental value of £613 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £60,340 and a rental value of £543 per month.
Over the last 12 months the sale value of 2 Devon Close Redcar has increased by an estimated £1,343 (2.1%) and its rental value has increased by an estimated £12 per month (2.0%), giving an expected gross yield of 10.8%.
2, Devon Close, Redcar has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Devon Close, Redcar within a radius of 510 metres over the last 2 years.
The most recent example is 6, Devon Close, Redcar, TS10 4BE, a leasehold flat which sold for £65,000 on the 6th February 2023.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Close, Redcar, TS10 has a total of 15 addresses. According to our analysis of all the public data, 2, Devon Close, Redcar is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in TS10.
The closest station to 2, Devon Close, Redcar is Redcar Central station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 2, Devon Close, Redcar, 66.7% of property is socially rented and 12.9% is privately owned with a mortgage.
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 2, Devon Close, Redcar, 37.1% of residents are recorded as possessing school level qualifications and 18.8% 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 2, Devon Close, 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 2, Devon Close, Redcar, 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 2, Devon Close, Redcar, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.