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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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48, Kirkleatham Lane, Redcar is recorded publicly as a mid-century freehold house across 1,302 ft2 of internal area, sitting on a 326 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 48, Kirkleatham Lane, Redcar is £280,880 and its rental estimate is £1,240 per month, given the available information and assuming reasonable condition.
Kirkleatham Lane, Redcar, TS10 falls within the TS10 postal district.
48, Kirkleatham Lane, Redcar has 2 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated November 2021.
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.
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 48, Kirkleatham Lane, Redcar, we estimate a market value of £294,924 and a rental value of £1,302 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,218 and £1,153 per month respectively.
Over the last year, 48, Kirkleatham Lane, Redcar has seen its estimated sale value climb by £6,585 (2.3%) and its estimated rental value rise by £36 per month (2.9%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 48, Kirkleatham Lane, Redcar as measuring 326 m2.
That makes it the 18th largest plot in the postcode, where 23 of the 24 other houses have recorded plot data.
48, Kirkleatham Lane, Redcar has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 48, Kirkleatham Lane, Redcar completed on 26th April 2022 at £198,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 15.0% over the period since April 2022.
Over the past 2 years 3 properties similar to 48, Kirkleatham Lane, Redcar have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd December 2020, was 70, Kirkleatham Lane, Redcar, TS10 5DE, a freehold house which sold for £232,000.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 139 addresses on Kirkleatham Lane, Redcar, TS10, 48, Kirkleatham Lane, Redcar comes out as the 26th largest and the 5th most expensive in our analysis of the public data.
It is also £126k more expensive than the average property across the TS10 district.
From 48, Kirkleatham Lane, Redcar, the nearest station is Redcar Central, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 48, Kirkleatham Lane, Redcar, 49.6% of property is privately owned outright and 35.4% 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 48, Kirkleatham Lane, Redcar, 22.4% of residents are recorded as possessing school level qualifications and 25.1% 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 48, Kirkleatham Lane, Redcar, the average age was 41.9 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 48, Kirkleatham Lane, Redcar, 0.3% 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 48, Kirkleatham Lane, 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.
