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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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492, West Dyke Road, Redcar is recorded publicly as a mid-century freehold house across 1,140 ft2 of internal area, sitting on a 344 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 492, West Dyke Road, Redcar is £273,085 and its rental estimate is £1,215 per month, given the available information and assuming reasonable condition.
West Dyke Road, Redcar, TS10 falls within the TS10 postal district.
492, West Dyke Road, Redcar has 3 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated April 2015.
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 492, West Dyke Road, Redcar, we estimate a market value of £286,739 and a rental value of £1,276 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,969 and £1,130 per month respectively.
Over the last year, 492, West Dyke Road, Redcar has seen its estimated sale value climb by £6,402 (2.3%) and its estimated rental value rise by £35 per month (2.9%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 492, West Dyke Road, Redcar as measuring 344 m2.
That makes it the 28th largest plot in the postcode, where all 31 other houses have recorded plot data.
492, West Dyke Road, Redcar has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2015.
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 492, West Dyke Road, Redcar completed on 1st November 2022 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.5% over the period since November 2022.
Over the past 2 years 3 properties similar to 492, West Dyke Road, Redcar have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2021, was 494, West Dyke Road, Redcar, TS10 4QL, a freehold house which sold for £269,950.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 331 addresses on West Dyke Road, Redcar, TS10, 492, West Dyke Road, Redcar comes out as the 105th largest and the 37th most expensive in our analysis of the public data.
It is also £118k more expensive than the average property across the TS10 district.
From 492, West Dyke Road, Redcar, the nearest station is Redcar East, 2.4 kilometres 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 492, West Dyke Road, Redcar, 61.7% of property is privately owned outright and 34.2% 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 492, West Dyke Road, Redcar, 9.5% of residents are recorded as possessing school level qualifications and 29.5% 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 492, West Dyke Road, Redcar, the average age was 42.6 and the most common age was 12.
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 492, West Dyke Road, 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 492, West Dyke Road, 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.
