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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, 42, Warwick Road, Redcar is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 592 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Warwick Road, Redcar is £149,268 and the estimated rental value is £1,032 per month.
The apartment is within 42, Warwick Road, Redcar, TS10.
Warwick Road, Redcar, TS10 is located within the TS10 postal district.
42, Warwick Road, Redcar has a single entry in the Land Registry from May 2023 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.
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 42, Warwick Road, Redcar is in very good condition we estimate a sale value of £156,731 and a rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,819 and a rental value of £960 per month.
Over the last 12 months the sale value of 42 Warwick Road Redcar has increased by an estimated £3,438 (2.3%) and its rental value has increased by an estimated £30 per month (2.9%), giving an expected gross yield of 8.3%.
According to HM Land Registry, 42, Warwick Road, Redcar was last sold on 2nd May 2023 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 57.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of 42, Warwick Road, Redcar over the last 2 years.
The most recent example is 42A, Warwick Road, Redcar, TS10 2HB, a leasehold flat which sold for £80,500 on the 19th January 2021.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warwick Road, Redcar, TS10 has a total of 53 addresses. According to our analysis of all the public data, 42, Warwick Road, Redcar is the 52nd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in TS10.
The closest station to 42, Warwick Road, Redcar is Redcar East station which is 400 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 42, Warwick Road, Redcar, 67.5% of property is privately owned outright and 16.7% 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 42, Warwick Road, Redcar, 3.4% of residents are recorded as possessing school level qualifications and 21.7% 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 42, Warwick Road, 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 42, Warwick Road, Redcar, 0.5% 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 42, Warwick Road, Redcar, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
