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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
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31, Arthur Street, Redcar appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 518 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 31, Arthur Street, Redcar is £50,013 and its rental estimate is £499 per month, given the available information and assuming reasonable condition.
31, Arthur Street is a residential building on Arthur Street, Redcar, TS10 and falls within the TS10 postal district.
31, Arthur Street, Redcar has a single entry in the Land Registry from February 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 31, Arthur Street, Redcar, we estimate a market value of £52,514 and a rental value of £524 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £46,512 and £464 per month respectively.
Over the last year, 31, Arthur Street, Redcar has seen its estimated sale value grow by £846 (1.7%) and its estimated rental value climb by £12 per month (2.4%). This results in an estimated gross rental yield of 12.0%.
The most recent sale of 31, Arthur Street, Redcar completed on 17th February 2012 at £50,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 28.4% over the period since February 2012.
Over the past 2 years 3 properties similar to 31, Arthur Street, Redcar have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th August 2022, was 4, Avoca Court, Redcar, TS10 1BP, a leasehold flat which sold for £39,999.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 40 addresses on Arthur Street, Redcar, TS10, 31, Arthur Street, Redcar comes out as the 32nd largest and the 37th most expensive in our analysis of the public data.
It is also £105k less expensive than the average property across the TS10 district.
From 31, Arthur Street, Redcar, the nearest station is Redcar Central, 400 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Arthur Street, Redcar, 58.0% of property is privately rented and 19.0% 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 31, Arthur Street, Redcar, 5.4% of residents are recorded as possessing school level qualifications and 18.3% 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 31, Arthur Street, Redcar, the average age was 43 and the most common age was 52.
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 31, Arthur Street, 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 31, Arthur Street, 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.
