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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 24, Cormorant Drive, Redcar is a modern freehold house with 1,205 ft2 of internal area and sits on a 337 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 24, Cormorant Drive, Redcar is £258,481 and the estimated rental value is £1,157 per month.
Cormorant Drive, Redcar, TS10 is located within the TS10 postal district.
24, Cormorant Drive, Redcar has 21 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 24, Cormorant Drive, Redcar is in very good condition we estimate a sale value of £271,405 and a rental value of £1,215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,387 and a rental value of £1,076 per month.
Over the last 12 months the sale value of 24 Cormorant Drive Redcar has increased by an estimated £9,053 (3.5%) and its rental value has increased by an estimated £39 per month (3.4%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 24, Cormorant Drive, Redcar sits on a plot of 337m2.
We have plot size data on 27 out of 27 other houses in the postcode and 24, Cormorant Drive, Redcar sits on the 20th largest plot.
24, Cormorant Drive, Redcar has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2022.
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, 24, Cormorant Drive, Redcar was last sold on 16th February 2023 for £259,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2023, the market for similar properties has dropped 28.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Cormorant Drive, Redcar within a radius of 580 metres over the last 2 years.
The most recent example is 5, Salcombe Way, Redcar, TS10 2RB, a freehold house which sold for £273,000 on the 15th March 2024.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cormorant Drive, Redcar, TS10 has a total of 27 addresses. According to our analysis of all the public data, 24, Cormorant Drive, Redcar is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in TS10.
The closest station to 24, Cormorant Drive, Redcar is Redcar East station which is 1.2 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 24, Cormorant Drive, Redcar, 68.6% of property is privately owned outright and 29.7% 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 24, Cormorant Drive, Redcar, 13.5% of residents are recorded as possessing school level qualifications and 35.6% 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 24, Cormorant Drive, Redcar, the average age was 44.2 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 24, Cormorant Drive, Redcar, 3.1% 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 24, Cormorant Drive, Redcar, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
