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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, 5, Cedar Grove, Redcar is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 969 ft2 of internal area and sits on a 252 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Cedar Grove, Redcar is £142,367 and the estimated rental value is £1,045 per month.
Cedar Grove, Redcar, TS10 is located within the TS10 postal district.
5, Cedar Grove, Redcar has a single entry in the Land Registry from January 2007 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 3 out of 5 and is considered of medium 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 5, Cedar Grove, Redcar is in very good condition we estimate a sale value of £149,485 and a rental value of £1,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,401 and a rental value of £972 per month.
Over the last 12 months the sale value of 5 Cedar Grove Redcar has increased by an estimated £5,400 (3.8%) and its rental value has increased by an estimated £45 per month (4.3%), giving an expected gross yield of 8.8%.
According to data from HM Land Registry, 5, Cedar Grove, Redcar sits on a plot of 252m2.
We have plot size data on 25 out of 27 other houses in the postcode and 5, Cedar Grove, Redcar sits on the 15th largest plot.
According to HM Land Registry, 5, Cedar Grove, Redcar was last sold on 12th January 2007 for £115,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cedar Grove, Redcar within a radius of 560 metres over the last 2 years.
The most recent example is 15, Maple Square, Redcar, TS10 3LE, a freehold house which sold for £105,500 on the 31st July 2023.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Grove, Redcar, TS10 has a total of 53 addresses. According to our analysis of all the public data, 5, Cedar Grove, Redcar is the 25th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in TS10.
The closest station to 5, Cedar Grove, Redcar is Redcar East station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Cedar Grove, Redcar, 47.4% of property is privately owned outright and 36.3% 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 5, Cedar Grove, Redcar, 18.0% of residents are recorded as possessing school level qualifications and 22.9% 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 5, Cedar Grove, 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 5, Cedar Grove, 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 5, Cedar Grove, Redcar, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
