Loftus House Prices Loftus House Prices

The average house price in Loftus is £130,000 using HM Land Registry data.

The average property price decreased by £2,150 (--1.88%) over the last 5 years and decreased by £431 (--0.38%) over the last 12 months.

Over the last year, there were 32 residential property sales – a decrease of 25 transactions (-78.13%) relative to the previous year. The majority of house sales (8) were in the £84,000 - £108,000 range. Then came properties in the £132,000 - £156,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 220 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,853 (-3%).

In January 2025, there were 4 new estate agency instructions, 1 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Loftus

-1.88%

Property prices in Loftus decreased by -1.88% 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 Loftus Over the Last Year

-0.38%

Property prices in Loftus decreased by -0.38% 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 Loftus - January 2025

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 Loftus

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 Loftus

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 Loftus

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 Loftus since 1995

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

Recent Property Sales in Loftus

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 Rosedale Crescent, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4SJ£110,000£110,000£006 Jan 202125 Oct 20241388 Days
12 Seymour Hill Terrace, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4HX£115,000£112,000-£3,00003 May 202407 Aug 202496 Days
3 South Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4JU£200,000£188,000-£12,00009 Nov 202328 May 2024201 Days
48 High Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4HA£100,000£88,000-£12,00016 Mar 202324 May 2024435 Days
9 Seymour Hill Terrace, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4HX£110,000£106,300-£3,70022 Nov 202325 Apr 2024155 Days
1 Tweed Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4LS£58,995£50,000-£8,99523 Nov 202308 Mar 2024106 Days
13 East Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4JA£67,500£63,000-£4,50010 Aug 202301 Mar 2024204 Days
7 East Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4JA£70,000£70,000£025 Jul 202327 Feb 2024217 Days
6 Cromwell Avenue, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4JW£140,000£137,500-£2,50007 Jul 202306 Oct 202391 Days
50 Coronation Road, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4SL£110,000£105,000-£5,00006 Jun 202329 Sep 2023115 Days
12 Grendale Court, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4JP£189,999£184,000-£5,99923 Jan 202327 Sep 2023247 Days
Jandel, Tweed Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4LS£170,000£160,000-£10,00008 Jun 202314 Aug 202367 Days
7a, Tweed Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4LS£65,000£60,000-£5,00031 Mar 202311 Aug 2023133 Days
55 Cromwell Avenue, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4JW£185,000£180,000-£5,00013 Mar 202303 Aug 2023143 Days
6 Tees Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4LW£69,950£62,000-£7,95025 May 202303 Aug 202370 Days
61 Cromwell Avenue, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4JW£198,500£195,000-£3,50022 Feb 202313 Jun 2023111 Days
4 Tyne Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4LR£97,500£96,000-£1,50009 Jan 202309 May 2023120 Days
18 East Crescent, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4LB£40,000£35,000-£5,00023 Nov 202206 Apr 2023134 Days
17 Gladstone Street, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4HZ£80,000£76,000-£4,00029 Sep 202205 Apr 2023188 Days
14 St Hildas Terrace, Loftus, Saltburn-by-the-sea, Redcar And Cleveland, TS13 4SE£89,000£49,500-£39,50025 Jun 201414 Mar 20233184 Days

Most Expensive Streets in Loftus

PostcodeStreetAreaAverageNo. of Sales
TS13 4SPFircroft CourtLoftus£271,1004
TS13 4JEMicklow LaneLoftus£240,0003
TS13 4PRDuncan PlaceLoftus£172,0003
TS13 4JWCromwell AvenueLoftus£157,72711
TS13 4JNBoulby DriveLoftus£146,3577
TS13 4BXMiddle Gill CloseLoftus£136,73066
TS13 4PTCoronation RoadLoftus£135,2006
TS13 4RBNewcomen TerraceLoftus£133,6254
TS13 4JZSpringhead TerraceLoftus£112,3905
TS13 4PLCo Operative TerraceLoftus£110,0166

Least Expensive Streets in Loftus

PostcodeStreetAreaAverageNo. of Sales
TS13 4RDDundas StreetLoftus£48,3754
TS13 4LWTees StreetLoftus£51,1669
TS13 4HZGladstone StreetLoftus£54,98910
TS13 4SBHartington StreetLoftus£55,6518
TS13 4LRTyne StreetLoftus£61,7506
TS13 4JAEast StreetLoftus£62,5004
TS13 4SAHigh RowLoftus£64,4086
TS13 4XPClover Hill DriveLoftus£66,7913
TS13 4HAHigh StreetLoftus£68,8754
TS13 4RYCliff CrescentLoftus£69,3333

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