55, Park Avenue
55, Park Avenue
Description & Estimates
55, Park Avenue, Redcar is recorded publicly as an early-century freehold house across 1,474 ft2 of internal area, sitting on a 200 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 55, Park Avenue, Redcar is £204,089 and its rental estimate is £1,248 per month, given the available information and assuming reasonable condition.
Park Avenue, Redcar, TS10 falls within the TS10 postal district.
Our Data Sources
55, Park Avenue, Redcar has 21 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated February 2017.
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.
Price Range & Condition
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 55, Park Avenue, Redcar, we estimate a market value of £214,294 and a rental value of £1,311 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,803 and £1,161 per month respectively.
Recent Market Change
Over the last year, 55, Park Avenue, Redcar has seen its estimated sale value rise by £4,784 (2.3%) and its estimated rental value move up by £36 per month (2.9%). This results in an estimated gross rental yield of 7.3%.
Plot Size
HM Land Registry records the plot of land for 55, Park Avenue, Redcar as measuring 200 m2.
That makes it the 8th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
55, Park Avenue, Redcar has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 55, Park Avenue, Redcar completed on 22nd May 2017 at £141,000 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 53.0% over the period since May 2017.
- Sold May 2017£141,000
- Sold Feb 1998£32,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, Park Avenue, Redcar have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th September 2022, was 57, Park Avenue, Redcar, TS10 3LJ, a freehold house which sold for £175,000.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 65 addresses on Park Avenue, Redcar, TS10, 55, Park Avenue, Redcar comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £49k more expensive than the average property across the TS10 district.
More reading links
Schools Nearby
- 100mZetland Primary School
- 900mIngs Farm Primary School
- 900mJohn Emmerson Batty Primary School
- 1.2kmRye Hills Academy
- 1.4kmSacred Heart Catholic Secondary
- 1.7kmOutwood Academy Redcar
More reading links
Public Transport Nearby
From 55, Park Avenue, Redcar, the nearest station is Redcar East, 700 metres away.
- 700mRedcar East
- 800mRedcar Central
- 3.4kmLongbeck
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
