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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, 5, Waveney Road, Redcar is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Waveney Road, Redcar is £173,234 and the estimated rental value is £1,073 per month.
Waveney Road, Redcar, TS10 is located within the TS10 postal district.
5, Waveney Road, Redcar has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated August 2022.
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, Waveney Road, Redcar is in very good condition we estimate a sale value of £181,895 and a rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,107 and a rental value of £998 per month.
Over the past 12 months, the estimated sale value of 5, Waveney Road, Redcar has increased by £4,435 (2.6%), while its estimated rental value has grown by £35 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 7.4%.
According to data from HM Land Registry, 5, Waveney Road, Redcar sits on a plot of 279 m2.
We have plot size data on 10 out of 10 other houses in the postcode and 5, Waveney Road, Redcar sits on the 7th largest plot.
5, Waveney Road, Redcar has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2022.
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, Waveney Road, Redcar was last sold on 4th January 2023 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has dropped by 24.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Waveney Road, Redcar within a radius of 540 metres over the last 2 years.
The most recent example is 11, Welland Road, Redcar, TS10 1NR, a freehold house which sold for £200,000 on the 3rd May 2024.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waveney Road, Redcar, TS10 has a total of 29 addresses. According to our analysis of all the public data, 5, Waveney Road, Redcar is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in TS10.
The closest station to 5, Waveney Road, Redcar is Redcar Central station, which is 1.3 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Waveney Road, Redcar, 59.7% of property is privately owned outright and 32.8% 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, Waveney Road, Redcar, 15.1% of residents are recorded as possessing school level qualifications and 27.1% 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 5, Waveney Road, 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 5, Waveney 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, Waveney Road, Redcar, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
