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House Prices in TS10

The average house price in TS10 (Redcar) is £169,847 using HM Land Registry data.

The average property price increased by £46,447 (16.88%) over the last 5 years and increased by £9,285 (2.71%) over the last 12 months.

Over the last year, there were 444 residential property sales – a decrease of 146 transactions (-32.88%) relative to the previous year. The majority of house sales (115) were in the £116,000 - £152,000 range. Then came properties in the £152,000 - £188,000 range, where 96 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,576 (-3%).

In June 2024, there were 78 new estate agency instructions, 53 agreed home sales and 37 property price reductions.

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.

Property Market Heat Gauge for TS10 (Redcar) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
45 Canterbury Road, Redcar, Redcar And Cleveland, TS10 3QG	£139,500	£135,000	-£4,500	09 Oct 2023	02 May 2024	206 Days
19 Kirkwood Drive, Redcar, Redcar And Cleveland, TS10 2SX	£310,000	£310,000	£00	19 Feb 2023	29 Apr 2024	435 Days
177 Redcar Lane, Redcar, Redcar And Cleveland, TS10 2EJ	£245,000	£244,000	-£1,000	04 Jan 2024	26 Apr 2024	113 Days
3 North Fen, Redcar, Redcar And Cleveland, TS10 4RU	£139,950	£139,950	£00	31 Jan 2024	25 Apr 2024	85 Days
519 West Dyke Road, Redcar, Redcar And Cleveland, TS10 4QL	£360,000	£360,000	£00	20 Feb 2024	22 Apr 2024	62 Days
126 Castle Road, Redcar, Redcar And Cleveland, TS10 2ND	£176,500	£172,000	-£4,500	26 Jul 2023	12 Apr 2024	261 Days
12 Holder Street, Redcar, Redcar And Cleveland, TS10 2AB	£86,950	£80,000	-£6,950	01 Jun 2023	11 Apr 2024	315 Days
31 Cedar Grove, Redcar, Redcar And Cleveland, TS10 3LU	£140,000	£140,000	£00	12 Sep 2023	09 Apr 2024	210 Days
5 Ontario Crescent, Redcar, Redcar And Cleveland, TS10 1JR	£139,500	£135,000	-£4,500	14 Nov 2023	25 Mar 2024	132 Days
22 Deal Road, Redcar, Redcar And Cleveland, TS10 2RG	£155,000	£155,000	£00	02 Nov 2023	21 Mar 2024	140 Days
210 Laburnum Road, Redcar, Redcar And Cleveland, TS10 3PF	£159,950	£152,000	-£7,950	24 Jan 2024	19 Mar 2024	55 Days
84 Cranbourne Drive, Redcar, Redcar And Cleveland, TS10 2SP	£360,000	£345,000	-£15,000	10 Sep 2023	06 Mar 2024	178 Days
11 The Crescent, Redcar, Redcar And Cleveland, TS10 3AU	£270,000	£255,000	-£15,000	13 Oct 2022	23 Feb 2024	498 Days
20 Sycamore Road, Redcar, Redcar And Cleveland, TS10 3JT	£140,000	£135,000	-£5,000	08 Sep 2023	22 Feb 2024	167 Days
1 Bramble Dykes, Redcar, Redcar And Cleveland, TS10 2SZ	£250,000	£250,000	£00	04 Nov 2023	09 Feb 2024	97 Days
11 Thornbury Close, Redcar, Redcar And Cleveland, TS10 2SU	£325,000	£315,000	-£10,000	19 Jul 2023	02 Feb 2024	198 Days
14 Kilton Close, Redcar, Redcar And Cleveland, TS10 2NH	£169,950	£169,950	£00	11 Jul 2023	02 Feb 2024	206 Days
59 High Street West, Redcar, Redcar And Cleveland, TS10 1SF	£115,000	£85,000	-£30,000	17 Nov 2023	19 Jan 2024	63 Days
20 Swanage Drive, Redcar, Redcar And Cleveland, TS10 2RH	£149,999	£145,000	-£4,999	23 Aug 2023	19 Jan 2024	149 Days
61 Oak Road, Redcar, Redcar And Cleveland, TS10 3NS	£265,000	£258,000	-£7,000	11 Jul 2023	18 Jan 2024	191 Days

Most Expensive Streets in TS10 (Redcar)

Postcode	Street	Area	Average	No. of Sales
TS10 2PD	Wheatlands Park	Redcar	£388,000	5
TS10 2TR	Tunstall Gardens	Redcar	£386,222	9
TS10 2PE	Wheatlands Park	Redcar	£376,833	3
TS10 3NN	Coast Road	Redcar	£344,000	3
TS10 2TX	Abercorn Close	Redcar	£342,333	3
TS10 2ST	Deepdene Grove	Redcar	£321,500	4
TS10 2PF	Wheatlands Park	Redcar	£310,312	8
TS10 2TG	Talisker Gardens	Redcar	£290,737	4
TS10 2TL	Dalton Court	Redcar	£288,100	5
TS10 2SH	Torcross Way	Redcar	£279,190	5

Least Expensive Streets in TS10 (Redcar)

Postcode	Street	Area	Average	No. of Sales
TS10 5AY	Zetland House, Broadway West	Redcar	£34,200	5
TS10 5AS	Crossley Apartments, Maxwell Place	Redcar	£47,333	3
TS10 1RL	Ingleby Court, Station Road	Redcar	£47,666	3
TS10 1EH	Westbourne Grove	Redcar	£49,300	5
TS10 3JW	Caroline Mews	Redcar	£51,166	3
TS10 1AW	Newcomen Court	Redcar	£53,750	3
TS10 4PE	Blakey Close	Redcar	£59,333	3
TS10 1RP	The Cherry Trees, Coatham Road	Redcar	£60,101	28
TS10 2AD	Elton Street	Redcar	£61,166	3
TS10 4HU	Cropton Close	Redcar	£61,166	3