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According to the public record, 22, Derwent Road, Redcar is a early-century freehold house with 1,216 ft2 of internal area and sits on a 317 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 22, Derwent Road, Redcar is £191,839 and the estimated rental value is £1,159 per month.
Derwent Road, Redcar, TS10 is located within the TS10 postal district.
22, Derwent Road, Redcar has 21 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 22, Derwent Road, Redcar is in very good condition we estimate a sale value of £201,431 and a rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,410 and a rental value of £1,078 per month.
Over the last 12 months the sale value of 22 Derwent Road Redcar has increased by an estimated £6,719 (3.5%) and its rental value has increased by an estimated £39 per month (3.4%), giving an expected gross yield of 7.3%.
According to data from HM Land Registry, 22, Derwent Road, Redcar sits on a plot of 317m2.
We have plot size data on 14 out of 14 other houses in the postcode and 22, Derwent Road, Redcar sits on the 7th largest plot.
22, Derwent Road, Redcar has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 22, Derwent Road, Redcar was last sold on 29th April 2022 for £185,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2022, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Derwent Road, Redcar within a radius of 640 metres over the last 2 years.
The most recent example is 4, Forth Road, Redcar, TS10 1PN, a freehold house which sold for £182,000 on the 5th April 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, 22, Derwent Road, Redcar is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in TS10.
The closest station to 22, Derwent Road, Redcar is Redcar Central station which is 800 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 22, 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 22, 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 22, 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 22, 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 22, 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.