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House Prices in TS10 House Prices in TS10 (Redcar)

The average house price in TS10 (Redcar) is £128,577 using HM Land Registry data.

The average property price increased by £42,640 (16.88%) over the last 5 years and increased by £8,543 (2.71%) over the last 12 months.

Over the last year, there were 414 residential property sales – a decrease of 128 transactions (-30.92%) relative to the previous year. The majority of house sales (102) were in the £116,000 - £152,000 range. Then came properties in the £152,000 - £188,000 range, where 89 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,576 (-3%).

In Oct 24, there were 71 new estate agency instructions, 55 agreed home sales and 60 property price reductions.

Nearby Postcodes: DH6, DL1, DL17, DL2, DL5, SR8, TS1, TS11, TS12, TS14, TS16, TS18, TS19, TS2, TS20, TS21, TS22, TS23, TS24, TS25, TS26, TS27, TS28, TS29, TS3, TS6, TS7, TS9, YO21

5-Year Average Property Prices in TS10 (Redcar)

16.88%

Property prices in Redcar increased by 16.88% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TS10 (Redcar) Over the Last Year

2.71%

Property prices in Redcar increased by 2.71% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for TS10 (Redcar) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TS10 (Redcar)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TS10 (Redcar)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TS10 (Redcar)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TS10 (Redcar) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TS10 postcode area since 1995.

Recent Sales in TS10 (Redcar)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Cambrian Avenue, Redcar, Redcar And Cleveland, TS10 4HF£210,000£210,000£0025 Apr 202407 Aug 2024104 Days
17 Mendip Drive, Redcar, Redcar And Cleveland, TS10 4HE£160,000£160,000£0010 Jan 202405 Aug 2024208 Days
19 Crestwood, Redcar, Redcar And Cleveland, TS10 4NN£265,000£260,000-£5,00010 Nov 202322 Jul 2024255 Days
69 Dartmouth Grove, Redcar, Redcar And Cleveland, TS10 2NU£89,950£80,000-£9,95016 May 202319 Jul 2024430 Days
8 George Street, Redcar, Redcar And Cleveland, TS10 2BN£79,995£79,995£0013 Mar 202411 Jul 2024120 Days
24 Greenlands Road, Redcar, Redcar And Cleveland, TS10 2DG£189,950£187,950-£2,00013 Apr 202428 Jun 202476 Days
127 Torcross Way, Redcar, Redcar And Cleveland, TS10 2SH£190,000£185,000-£5,00028 Feb 202425 Jun 2024118 Days
22 Forth Road, Redcar, Redcar And Cleveland, TS10 1PN£199,950£199,950£0006 Feb 202414 Jun 2024129 Days
17 High Stone Close, Redcar, Redcar And Cleveland, TS10 2PR£310,000£295,000-£15,00016 Jan 202407 Jun 2024143 Days
19 Henry Street, Redcar, Redcar And Cleveland, TS10 1BH£160,000£155,000-£5,00029 Jan 202403 Jun 2024126 Days
81a, Redcar Lane, Redcar, Redcar And Cleveland, TS10 2DN£80,000£75,000-£5,00014 Dec 202330 May 2024168 Days
12 South Terrace, Redcar, Redcar And Cleveland, TS10 3BJ£97,000£88,000-£9,00009 Feb 202417 May 202498 Days
9 Newlyn Way, Redcar, Redcar And Cleveland, TS10 2RN£145,000£140,000-£5,00001 Nov 202309 May 2024190 Days
45 Canterbury Road, Redcar, Redcar And Cleveland, TS10 3QG£139,500£135,000-£4,50009 Oct 202302 May 2024206 Days
19 Kirkwood Drive, Redcar, Redcar And Cleveland, TS10 2SX£310,000£310,000£0019 Feb 202329 Apr 2024435 Days
3 Lowestoft Way, Redcar, Redcar And Cleveland, TS10 4GJ£249,950£245,000-£4,95013 Jun 202329 Apr 2024321 Days
177 Redcar Lane, Redcar, Redcar And Cleveland, TS10 2EJ£245,000£244,000-£1,00004 Jan 202426 Apr 2024113 Days
31 Hurst Park, Redcar, Redcar And Cleveland, TS10 2JQ£199,500£190,000-£9,50002 Sep 202326 Apr 2024237 Days
3 North Fen, Redcar, Redcar And Cleveland, TS10 4RU£139,950£139,950£0031 Jan 202425 Apr 202485 Days
8 Wrentree Close, Redcar, Redcar And Cleveland, TS10 4SB£190,000£170,000-£20,00013 Dec 202324 Apr 2024133 Days

Most Expensive Streets in TS10 (Redcar)

PostcodeStreetAreaAverageNo. of Sales
TS10 2TRTunstall GardensRedcar£405,8758
TS10 2PDWheatlands ParkRedcar£388,0005
TS10 2PEWheatlands ParkRedcar£376,8333
TS10 2TXAbercorn CloseRedcar£355,5004
TS10 2TZViburnum CloseRedcar£348,7503
TS10 2STDeepdene GroveRedcar£347,2005
TS10 3NNCoast RoadRedcar£344,0003
TS10 2SZBramble DykesRedcar£325,0003
TS10 2PFWheatlands ParkRedcar£318,85010
TS10 2HWSt Margarets GroveRedcar£310,3333

Least Expensive Streets in TS10 (Redcar)

PostcodeStreetAreaAverageNo. of Sales
TS10 5AYZetland House, Broadway WestRedcar£34,2005
TS10 5ASCrossley Apartments, Maxwell PlaceRedcar£47,3333
TS10 1RLIngleby Court, Station RoadRedcar£47,6663
TS10 1EHWestbourne GroveRedcar£49,3005
TS10 3JWCaroline MewsRedcar£51,1663
TS10 1AWNewcomen CourtRedcar£53,7503
TS10 2ADElton StreetRedcar£61,1663
TS10 4HUCropton CloseRedcar£61,1663
TS10 1TALaburnum House, Coatham RoadRedcar£61,2805
TS10 1RPThe Cherry Trees, Coatham RoadRedcar£61,69325

Explore TS10 (Redcar) using map

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