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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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According to the public record, 40, Ryehills Close, Redcar is a modern freehold house with 645 ft2 of internal area and sits on a 221 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Ryehills Close, Redcar is £161,101 and the estimated rental value is £1,037 per month.
Ryehills Close, Redcar, TS10 is located within the TS10 postal district.
40, Ryehills Close, Redcar has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 40, Ryehills Close, Redcar is in very good condition we estimate a sale value of £169,156 and a rental value of £1,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,823 and a rental value of £964 per month.
Over the last 12 months the sale value of 40 Ryehills Close Redcar has increased by an estimated £6,979 (4.3%) and its rental value has increased by an estimated £45 per month (4.3%), giving an expected gross yield of 7.7%.
According to data from HM Land Registry, 40, Ryehills Close, Redcar sits on a plot of 221m2.
We have plot size data on 47 out of 49 other houses in the postcode and 40, Ryehills Close, Redcar sits on the 20th largest plot.
40, Ryehills Close, Redcar has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Ryehills Close, Redcar was last sold on 11th December 2020 for £122,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Ryehills Close, Redcar within a radius of 620 metres over the last 2 years.
The most recent example is 14, Ryehills Close, Redcar, TS10 2FA, a freehold house which sold for £150,000 on the 16th June 2023.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ryehills Close, Redcar, TS10 has a total of 49 addresses. According to our analysis of all the public data, 40, Ryehills Close, Redcar is the 46th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in TS10.
The closest station to 40, Ryehills Close, Redcar is Redcar East station which is 600 metres away.
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 40, Ryehills Close, Redcar, 45.3% of property is privately owned outright and 44.5% 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 40, Ryehills Close, Redcar, 17.7% of residents are recorded as possessing school level qualifications and 33.8% 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 40, Ryehills Close, 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 40, Ryehills Close, Redcar, 1.0% 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 40, Ryehills Close, Redcar, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
