Flat 2, 1
Flat 2, 1
Description & Estimates
The public record describes Flat 2, 1, Bank Street, Redcar as a period apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 1, Bank Street, Redcar has an estimated sale value of £34,936 and an estimated rental value of £361 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Bank Street, Redcar, TS10.
Bank Street, Redcar, TS10 lies within the TS10 postal district.
Our Data Sources
Flat 2, 1, Bank Street, Redcar has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
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
In very good condition, we estimate Flat 2, 1, Bank Street, Redcar would be worth £36,683, with a potential rental value of £379 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £32,491, with a rental value of £335 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 1, Bank Street, Redcar has risen by £337 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £5 (1.4%). The property's estimated gross yield is currently 12.4%.
Energy Efficiency
Flat 2, 1, Bank Street, Redcar has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of Flat 2, 1, Bank Street, Redcar across the last 2 years.
Most recently, Flat 2, Clarendon House 2-4, High Street, Redcar, TS10 3DU, a leasehold flat, sold at £980,000 on the 10th August 2023.
Read more about house prices in TS10.
- Sold Aug 2023£980,000 | 1 Bed FlatFlat 2, Clarendon House 2-4, High Street, Redcar, TS10 3DUFlat 2, Clarendon House 2-4, High Street, Redcar, TS10 3DU
- Sold Dec 2020£70,000 | 1 Bed Flat2A, West Dyke Road, Redcar, TS10 1DZ2A, West Dyke Road, Redcar, TS10 1DZ
- Sold Dec 2013£60,000 | 1 Bed FlatFlat 1, 1, Bank Street, Redcar, TS10 3ABFlat 1, 1, Bank Street, Redcar, TS10 3AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 1, Bank Street, Redcar as the 5th largest and the 6th most expensive of the 7 addresses on Bank Street, Redcar, TS10.
Against the TS10 postcode district average, it is £120k less expensive than the typical property.
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Schools Nearby
- 700mZetland Primary School
- 1.0kmCoatham Church of England Primary School
- 1.2kmSt Benedict's Catholic Primary School
- 1.1kmSacred Heart Catholic Secondary
- 1.7kmOutwood Academy Redcar
- 1.9kmRye Hills Academy
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Public Transport Nearby
Redcar Central station is the nearest stop to Flat 2, 1, Bank Street, Redcar at 400 metres away.
- 400mRedcar Central
- 1.5kmRedcar East
- 3.1kmRedcar British Steel
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
