2, Victory Terrace
2, Victory Terrace
Description & Estimates
Public records show 2, Victory Terrace, Redcar to be a period leasehold apartment with 1,603 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
2, Victory Terrace, Redcar has an estimated sale value of £155,065 and an estimated rental value of £1,008 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Victory Terrace, Redcar, TS10.
Victory Terrace, Redcar, TS10 lies within the TS10 postal district.
Our Data Sources
2, Victory Terrace, Redcar has 3 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated October 2014.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 2, Victory Terrace, Redcar would be worth £162,818, with a potential rental value of £1,058 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £144,210, with a rental value of £937 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Victory Terrace, Redcar has climbed by £1,610 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £15 (1.5%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
2, Victory Terrace, Redcar has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Victory Terrace, Redcar last changed hands on 9th September 2022, selling for £175,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 19.6% since September 2022.
- Sold Sep 2022£175,000
- Sold Sep 2017£105,000
- Sold Mar 2016£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 630 metres of 2, Victory Terrace, Redcar across the last 2 years.
Most recently, Unit 3, Seagreen, Newcomen Terrace, Redcar, TS10 1DE, a leasehold flat, sold at £115,000 on the 7th December 2021.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Victory Terrace, Redcar as the 8th largest and the 8th most expensive of the 13 addresses on Victory Terrace, Redcar, TS10.
Against the TS10 postcode district average, it is £329 more expensive than the typical property.
More reading links
Schools Nearby
- 300mCoatham Church of England Primary School
- 600mSt Benedict's Catholic Primary School
- 1.0kmNewcomen Primary School
- 500mSacred Heart Catholic Secondary
- 1.2kmOutwood Academy Redcar
- 2.0kmRye Hills Academy
More reading links
Public Transport Nearby
Redcar Central station is the nearest stop to 2, Victory Terrace, Redcar at 500 metres away.
- 500mRedcar Central
- 1.9kmRedcar East
- 2.3kmRedcar British Steel
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
