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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, Mersey Road, Redcar is a mid-century freehold house with 1,420 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Mersey Road, Redcar is £229,360 and the estimated rental value is £1,263 per month.
Mersey Road, Redcar, TS10 is located within the TS10 postal district.
5, Mersey Road, Redcar has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Mersey Road, Redcar is in very good condition we estimate a sale value of £240,828 and a rental value of £1,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,304 and a rental value of £1,175 per month.
Over the last 12 months the sale value of 5 Mersey Road Redcar has increased by an estimated £5,377 (2.3%) and its rental value has increased by an estimated £37 per month (2.9%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 5, Mersey Road, Redcar sits on a plot of 406m2.
We have plot size data on 8 out of 8 other houses in the postcode and 5, Mersey Road, Redcar sits on the 2nd largest plot.
5, Mersey Road, Redcar has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Mersey Road, Redcar was last sold on 2nd November 2020 for £202,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mersey Road, Redcar within a radius of 570 metres over the last 2 years.
The most recent example is 22, Forth Road, Redcar, TS10 1PN, a freehold house which sold for £199,950 on the 14th June 2024.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersey Road, Redcar, TS10 has a total of 130 addresses. According to our analysis of all the public data, 5, Mersey Road, Redcar is the 10th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in TS10.
The closest station to 5, Mersey Road, Redcar is Redcar Central station which is 800 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Mersey Road, Redcar, 36.7% of property is privately owned outright and 36.7% 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 5, Mersey Road, Redcar, 23.5% of residents are recorded as possessing school level qualifications and 23.5% 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 5, Mersey Road, Redcar, the average age was 40.5 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 5, Mersey 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 5, Mersey Road, 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.
