74, Newmarket Road
74, Newmarket Road
Description & Estimates
74, Newmarket Road, Redcar is recorded publicly as a mid-century freehold house across 1,453 ft2 of internal area, sitting on a 271 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 74, Newmarket Road, Redcar is £432,123 and its rental estimate is £1,907 per month, given the available information and assuming reasonable condition.
Newmarket Road, Redcar, TS10 falls within the TS10 postal district.
Our Data Sources
74, Newmarket Road, Redcar has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated June 2016.
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.
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 74, Newmarket Road, Redcar, we estimate a market value of £453,729 and a rental value of £2,003 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £401,875 and £1,774 per month respectively.
Recent Market Change
Over the last year, 74, Newmarket Road, Redcar has seen its estimated sale value increase by £10,130 (2.3%) and its estimated rental value grow by £55 per month (2.9%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 74, Newmarket Road, Redcar as measuring 271 m2.
That makes it the 13th largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
74, Newmarket Road, Redcar has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2016.
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 74, Newmarket Road, Redcar completed on 5th August 2016 at £184,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.3% over the period since August 2016.
- Sold Aug 2016£184,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 74, Newmarket Road, Redcar have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th April 2018, was 64, Newmarket Road, Redcar, TS10 2JA, a freehold house which sold for £185,000.
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 79 addresses on Newmarket Road, Redcar, TS10, 74, Newmarket Road, Redcar comes out as the 11th largest and the 6th most expensive in our analysis of the public data.
It is also £277k more expensive than the average property across the TS10 district.
More reading links
Schools Nearby
- 400mLakes Primary School
- 700mWheatlands Primary School
- 900mIngs Farm Primary School
- 300mRye Hills Academy
- 1.2kmOutwood Academy Redcar
- 1.5kmSacred Heart Catholic Secondary
More reading links
Public Transport Nearby
From 74, Newmarket Road, Redcar, the nearest station is Redcar East, 1.0 kilometres away.
- 1.0kmRedcar East
- 1.6kmRedcar Central
- 2.5kmLongbeck
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.
