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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, Flat 1, 9, Newcomen Terrace, Redcar is a period Leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 9, Newcomen Terrace, Redcar is £268,357 and the estimated rental value is £1,790 per month.
The apartment is within 9, Newcomen Terrace, Redcar, TS10.
Newcomen Terrace, Redcar, TS10 is located within the TS10 postal district.
Flat 1, 9, Newcomen Terrace, Redcar has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated June 2019.
We combine this information with that 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.
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 Flat 1, 9, Newcomen Terrace, Redcar is in very good condition we estimate a sale value of £281,775 and a rental value of £1,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,572 and a rental value of £1,664 per month.
Over the last 12 months the sale value of Flat 1 9 Newcomen Terrace Redcar has increased by an estimated £4,537 (1.7%) and its rental value has increased by an estimated £44 per month (2.4%), giving an expected gross yield of 8%.
Flat 1, 9, Newcomen Terrace, Redcar has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Jun 2019.
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, Flat 1, 9, Newcomen Terrace, Redcar was last sold on 16th July 2018 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2018, the market for similar properties has risen 37.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 1, 9, Newcomen Terrace, Redcar within a radius of 630 metres over the last 2 years.
The most recent example is 13A, Queen Street, Redcar, TS10 1DY, a leasehold flat which sold for £515,000 on the 16th May 2024.
Read more about house prices in TS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newcomen Terrace, Redcar, TS10 has a total of 124 addresses. According to our analysis of all the public data, Flat 1, 9, Newcomen Terrace, Redcar is the 51st largest and the 13th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in TS10.
The closest station to Flat 1, 9, Newcomen Terrace, Redcar is Redcar Central station which is 400 metres 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 Flat 1, 9, Newcomen Terrace, Redcar, 58.0% of property is privately rented and 19.0% is privately owned outright.
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 Flat 1, 9, Newcomen Terrace, Redcar, 5.4% of residents are recorded as possessing school level qualifications and 18.3% 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 Flat 1, 9, Newcomen Terrace, Redcar, the average age was 43 and the most common age was 52.
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 Flat 1, 9, Newcomen Terrace, 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 Flat 1, 9, Newcomen Terrace, 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.
