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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, 6, Devon Close, Redcar is a mid-century Leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Devon Close, Redcar is £63,019 and the estimated rental value is £575 per month.
Devon Close, Redcar, TS10 is located within the TS10 postal district.
6, Devon Close, Redcar has 2 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated April 2014.
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 6, Devon Close, Redcar is in very good condition we estimate a sale value of £66,169 and a rental value of £604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £58,607 and a rental value of £535 per month.
Over the last 12 months the sale value of 6 Devon Close Redcar has increased by an estimated £1,304 (2.1%) and its rental value has increased by an estimated £11 per month (2.0%), giving an expected gross yield of 11%.
6, Devon Close, Redcar has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 6, Devon Close, Redcar was last sold on 6th February 2023 for £65,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2023, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 6, Devon Close, Redcar within a radius of 510 metres over the last 2 years.
The most recent example is 41, Lucerne Road, Redcar, TS10 1JL, a leasehold flat which sold for £74,000 on the 22nd April 2016.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Close, Redcar, TS10 has a total of 15 addresses. According to our analysis of all the public data, 6, Devon Close, Redcar is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in TS10.
The closest station to 6, Devon Close, Redcar is Redcar Central station which is 1.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Devon Close, Redcar, 66.7% of property is socially rented and 12.9% 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 6, Devon Close, Redcar, 37.1% of residents are recorded as possessing school level qualifications and 18.8% 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 6, Devon Close, 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 6, Devon Close, 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 6, Devon Close, Redcar, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
