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House Prices in TS11 House Prices in TS11 (Redcar)

The average house price in TS11 (Redcar) is £213,444 using HM Land Registry data.

The average property price increased by £45,713 (11.77%) over the last 5 years and increased by £9,159 (1.96%) over the last 12 months.

Over the last year, there were 138 residential property sales – a decrease of 5 transactions (-3.62%) relative to the previous year. The majority of house sales (31) were in the £144,000 - £178,000 range. Then came properties in the £178,000 - £212,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 114 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,241 (-3%).

In Dec 24, there were 15 new estate agency instructions, 11 agreed home sales and 8 property price reductions.

Nearby Postcodes: TS10, TS12, TS13, TS14, TS2, TS6, TS7, TS9, YO21

5-Year Average Property Prices in TS11 (Redcar)

11.77%

Property prices in Redcar increased by 11.77% 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 TS11 (Redcar) Over the Last Year

1.96%

Property prices in Redcar increased by 1.96% 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 TS11 (Redcar) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 TS11 (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 TS11 (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 TS11 (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 TS11 (Redcar) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TS11 postcode area since 1995.

Recent Sales in TS11 (Redcar)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Strensall Close, New Marske, Redcar, Redcar And Cleveland, TS11 8BG£229,000£225,000-£4,00015 Jul 202427 Sep 202474 Days
39 Meadow Road, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7BT£140,000£115,000-£25,00015 Jan 202423 Sep 2024252 Days
3 Cawdor Close, New Marske, Redcar, Redcar And Cleveland, TS11 8JS£240,000£230,000-£10,00030 May 202423 Aug 202485 Days
20 West Terrace, New Marske, Redcar, Redcar And Cleveland, TS11 8HB£89,950£88,000-£1,95016 May 202421 Aug 202497 Days
25 Coast Road, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6JT£299,999£290,000-£9,99907 May 202421 Aug 2024106 Days
17 Pennyman Walk, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7AP£210,000£207,000-£3,00019 Apr 202409 Aug 2024112 Days
2 Coombe Hill, New Marske, Redcar, Redcar And Cleveland, TS11 8JW£285,000£280,000-£5,00002 Jul 202305 Aug 2024400 Days
63 Mordales Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7JH£300,000£280,000-£20,00017 Oct 202301 Aug 2024289 Days
61 Lindrick Road, New Marske, Redcar, Redcar And Cleveland, TS11 8HT£220,000£220,000£0029 Apr 202426 Jul 202488 Days
3 Falklands Close, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6DN£180,000£180,000£0007 Mar 202425 Jul 2024140 Days
14 Wentworth Crescent, New Marske, Redcar, Redcar And Cleveland, TS11 8DB£210,000£210,000£0013 Mar 202412 Jul 2024121 Days
2 Northfield Road, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6EJ£235,000£225,000-£10,00008 Jan 202407 Jun 2024151 Days
16 Falklands Close, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6DN£180,000£180,000£0015 Feb 202403 Jun 2024109 Days
104 Dale Street, New Marske, Redcar, Redcar And Cleveland, TS11 8EW£65,000£65,000£0022 Mar 202431 May 202470 Days
3 Blenheim Close, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6BH£435,000£435,000£0009 Oct 202324 May 2024228 Days
38 Bydales Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7HJ£190,000£183,500-£6,50007 Mar 202429 Apr 202453 Days
19 Grundales Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6DG£268,000£261,000-£7,00011 Dec 202326 Apr 2024137 Days
62 Windy Hill Lane, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7HA£240,000£240,000£0001 Nov 202326 Apr 2024177 Days
171 High Street, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7LN£330,000£330,000£0028 Apr 202312 Apr 2024350 Days
57 Ryehills Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DN£200,000£195,000-£5,00005 Aug 202312 Apr 2024251 Days

Most Expensive Streets in TS11 (Redcar)

PostcodeStreetAreaAverageNo. of Sales
TS11 7LRHigh Street, Marske By The SeaRedcar£316,6663
TS11 6NBDe Havilland Drive, Marske By The SeaRedcar£309,4905
TS11 6NABarnes Wallis Way, Marske By The SeaRedcar£307,0004
TS11 7AYThe Willows, Marske By The SeaRedcar£295,7504
TS11 7AEThe Firlands, Marske By The SeaRedcar£293,3333
TS11 6NDVickers Close, Marske By The SeaRedcar£289,9874
TS11 7ADThe Kirklands, Marske By The SeaRedcar£273,9874
TS11 7LNHigh Street, Marske By The SeaRedcar£260,8905
TS11 6DSCharnwood Close, Marske By The SeaRedcar£255,6663
TS11 7AGThe Headlands, Marske By The SeaRedcar£250,0004

Least Expensive Streets in TS11 (Redcar)

PostcodeStreetAreaAverageNo. of Sales
TS11 8EWDale Street, New MarskeRedcar£66,2154
TS11 8EHDale Street, New MarskeRedcar£67,3333
TS11 8EUZetland Terrace, New MarskeRedcar£67,5003
TS11 8ELDale Street, New MarskeRedcar£67,8336
TS11 8ETArthur Terrace, New MarskeRedcar£72,6427
TS11 8ENDale Street, New MarskeRedcar£73,0004
TS11 8HBWest Terrace, New MarskeRedcar£82,4166
TS11 7NGMariners Court, Marske By The SeaRedcar£98,3163
TS11 8EGGurney Street, New MarskeRedcar£102,6663
TS11 6EZLongbeck Road, Marske By The SeaRedcar£111,9074

Explore TS11 (Redcar) using map

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