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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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Public records show Flat 338, Rede House 63-75, Middlesbrough to be a modern leasehold apartment with 290 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 338, Rede House 63-75, Middlesbrough has an estimated sale value of £33,045 and an estimated rental value of £341 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rede House, Corporation Road, Middlesbrough, TS1.
Corporation Road, Middlesbrough, TS1 lies within the TS1 postal district.
Flat 338, Rede House 63-75, Middlesbrough has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 338, Rede House 63-75, Middlesbrough would be worth £34,697, with a potential rental value of £358 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £30,732, with a rental value of £317 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 338, Rede House 63-75, Middlesbrough has moved down by £41 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £4 (1.0%). The property's estimated gross yield is currently 12.4%.
Flat 338, Rede House 63-75, Middlesbrough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Flat 338, Rede House 63-75, Middlesbrough last changed hands on 13th November 2019, selling for £35,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 156.3% since November 2019.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 540 metres of Flat 338, Rede House 63-75, Middlesbrough across the last 2 years.
Most recently, Flat 533, Rede House 63-75, Corporation Road, Middlesbrough, TS1 1LS, a leasehold flat, sold at £42,950 on the 24th April 2015.
Read more about house prices in TS1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 338, Rede House 63-75, Middlesbrough as the 243rd largest and the 243rd most expensive of the 247 addresses on Corporation Road, Middlesbrough, TS1.
Against the TS1 postcode district average, it is £61k less expensive than the typical property.
Middlesbrough station is the nearest stop to Flat 338, Rede House 63-75, Middlesbrough at 400 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 338, Rede House 63-75, Middlesbrough, % of property is and % is .
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 338, Rede House 63-75, Middlesbrough, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 338, Rede House 63-75, Middlesbrough, 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 338, Rede House 63-75, Middlesbrough, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
