Flat 2, 10
Flat 2, 10
Description & Estimates
Flat 2, 10, Victory Terrace, Redcar is described in the public record as a period apartment with 839 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 10, Victory Terrace, Redcar is £112,826 and its rental estimate is £717 per month, given the available information and assuming reasonable condition.
10, Victory Terrace is a residential building on Victory Terrace, Redcar, TS10 and falls within the TS10 postal district.
Our Data Sources
Flat 2, 10, Victory Terrace, Redcar has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data 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 Flat 2, 10, Victory Terrace, Redcar, we estimate a market value of £118,468 and a rental value of £752 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £104,928 and £666 per month respectively.
Recent Market Change
Over the last year, Flat 2, 10, Victory Terrace, Redcar has seen its estimated sale value move up by £1,089 (1.0%) and its estimated rental value increase by £10 per month (1.4%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 2, 10, Victory Terrace, Redcar has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 10, Victory Terrace, Redcar have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2017, was 1A, Nelson Terrace, Redcar, TS10 1RX, a leasehold flat which sold for £125,000.
Read more about house prices in TS10.
- Sold Feb 2017£125,000 | 3 Bed Flat1A, Nelson Terrace, Redcar, TS10 1RX1A, Nelson Terrace, Redcar, TS10 1RX
- Sold Jul 2007£112,625 | 2 Bed Flat15, Regency Mews, Redcar, TS10 1AX15, Regency Mews, Redcar, TS10 1AX
- Sold Jul 2007£112,625 | 2 Bed Flat17, Regency Mews, Redcar, TS10 1AX17, Regency Mews, Redcar, TS10 1AX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Victory Terrace, Redcar, TS10, Flat 2, 10, Victory Terrace, Redcar comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the TS10 district.
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Schools Nearby
- 300mCoatham Church of England Primary School
- 600mSt Benedict's Catholic Primary School
- 1.0kmNewcomen Primary School
- 500mSacred Heart Catholic Secondary
- 1.2kmOutwood Academy Redcar
- 2.0kmRye Hills Academy
More reading links
Public Transport Nearby
From Flat 2, 10, Victory Terrace, Redcar, the nearest station is Redcar Central, 500 metres away.
- 500mRedcar Central
- 1.9kmRedcar East
- 2.3kmRedcar 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.
