56B, Lord Street
56B, Lord Street
Description & Estimates
56B, Lord Street, Redcar is described in the public record as a period apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 56B, Lord Street, Redcar is £45,101 and its rental estimate is £459 per month, given the available information and assuming reasonable condition.
56, Lord Street is a residential building on Lord Street, Redcar, TS10 and falls within the TS10 postal district.
Our Data Sources
56B, Lord Street, Redcar has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 56B, Lord Street, Redcar, we estimate a market value of £47,357 and a rental value of £482 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £41,944 and £427 per month respectively.
Recent Market Change
Over the last year, 56B, Lord Street, Redcar has seen its estimated sale value increase by £435 (1.0%) and its estimated rental value grow by £7 per month (1.4%). This results in an estimated gross rental yield of 12.2%.
Energy Efficiency
56B, Lord Street, Redcar has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Mar 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56B, Lord Street, Redcar have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2024, was 10 Ingleby Court, Station Road, Redcar, TS10 1RL, a leasehold flat which sold for £41,000.
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 90 addresses on Lord Street, Redcar, TS10, 56B, Lord Street, Redcar comes out as the 70th largest and the 77th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the TS10 district.
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Schools Nearby
- 300mZetland Primary School
- 1.2kmSt Benedict's Catholic Primary School
- 1.3kmIngs Farm Primary School
- 1.2kmSacred Heart Catholic Secondary
- 1.5kmRye Hills Academy
- 1.7kmOutwood Academy Redcar
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Public Transport Nearby
From 56B, Lord Street, Redcar, the nearest station is Redcar Central, 500 metres away.
- 500mRedcar Central
- 1.1kmRedcar East
- 3.3kmRedcar British Steel
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
