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Saltburn-by-the-Sea House Prices

The average house price in Saltburn-by-the-Sea is £286,000 using HM Land Registry data.

The average property price increased by £53,923 (25.52%) over the last 5 years and increased by £10,780 (4.24%) over the last 12 months.

Over the last year, there were 86 residential property sales – a decrease of 20 transactions (-23.26%) relative to the previous year. The majority of house sales (18) were in the £230,000 - £280,000 range. Then came properties in the £280,000 - £330,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,986 (-3%).

In June 2024, there were 25 new estate agency instructions, 5 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Saltburn-by-the-Sea

25.52%

Property prices in Saltburn-by-the-Sea increased by 25.52% 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 Saltburn-by-the-Sea Over the Last Year

4.24%

Property prices in Saltburn-by-the-Sea increased by 4.24% 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 Saltburn-by-the-Sea - 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 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 Saltburn-by-the-Sea

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 Saltburn-by-the-Sea

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 Saltburn-by-the-Sea

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 Saltburn-by-the-Sea since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Saltburn-by-the-Sea area since 1995.

Recent Property Sales in Saltburn-by-the-Sea

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
The Nook, West Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QF	£495,000	£495,000	£00	05 Sep 2023	15 Mar 2024	192 Days
27 Ruby Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1EF	£325,000	£305,000	-£20,000	20 Nov 2023	15 Mar 2024	116 Days
28 Hob Hill Close, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1NB	£535,000	£475,000	-£60,000	09 Aug 2023	31 Jan 2024	175 Days
68a, Ruby Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1EG	£140,000	£134,000	-£6,000	06 Nov 2023	26 Jan 2024	81 Days
1 The Fairway, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1NH	£295,000	£280,000	-£15,000	19 Jun 2023	18 Dec 2023	182 Days
73 Irvin Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QP	£195,000	£180,000	-£15,000	05 Sep 2023	15 Dec 2023	101 Days
14 The Crescent, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1HY	£499,950	£470,000	-£29,950	28 Jul 2023	06 Dec 2023	131 Days
22 The Chine, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QL	£249,950	£230,000	-£19,950	03 May 2023	14 Nov 2023	195 Days
18 Laurel Road, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1HU	£302,500	£286,000	-£16,500	23 May 2023	08 Nov 2023	169 Days
13 Wilton Bank, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1PG	£210,000	£210,000	£00	26 Jul 2023	13 Oct 2023	79 Days
19 Randolph Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1LN	£239,995	£239,995	£00	08 Jun 2023	06 Oct 2023	120 Days
26 Princes Road, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1LJ	£330,000	£303,000	-£27,000	31 Mar 2023	29 Sep 2023	182 Days
35 Leven Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1JY	£385,000	£372,750	-£12,250	15 Mar 2023	31 Aug 2023	169 Days
66 The Fairway, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1NG	£445,000	£385,000	-£60,000	03 Jul 2023	31 Aug 2023	59 Days
14 Bath Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1BJ	£295,000	£285,000	-£10,000	03 Jul 2023	31 Aug 2023	59 Days
17 West Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QF	£395,000	£373,000	-£22,000	13 Mar 2023	23 Aug 2023	163 Days
7 West Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QF	£390,000	£360,000	-£30,000	01 Dec 2022	23 Aug 2023	265 Days
62 Irvin Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QJ	£225,000	£225,000	£00	03 May 2023	04 Aug 2023	93 Days
28 Laurel Road, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1HU	£332,500	£325,000	-£7,500	26 May 2023	01 Aug 2023	67 Days
3 Ruskin Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QB	£340,000	£330,000	-£10,000	21 Feb 2023	31 Jul 2023	160 Days

Most Expensive Streets in Saltburn-by-the-Sea

Postcode	Street	Area	Average	No. of Sales
TS12 1JD	Victoria Road	Saltburn-by-the-sea	£654,833	3
TS12 1LT	Albion Terrace	Saltburn-by-the-sea	£625,833	3
TS12 1HT	Marske Mill Lane	Saltburn-by-the-sea	£540,750	4
TS12 1NJ	Guisborough Road	Saltburn-by-the-sea	£535,000	3
TS12 1GX	Scholars Rise	Saltburn-by-the-sea	£455,000	3
TS12 1GY	Church View	Saltburn-by-the-sea	£416,500	3
TS12 1NB	Hob Hill Close	Saltburn-by-the-sea	£401,055	9
TS12 1QF	West Avenue	Saltburn-by-the-sea	£377,000	4
TS12 1NG	The Fairway	Saltburn-by-the-sea	£376,400	5
TS12 1NH	The Fairway	Saltburn-by-the-sea	£359,375	4

Least Expensive Streets in Saltburn-by-the-Sea

Postcode	Street	Area	Average	No. of Sales
TS12 1DH	Milton Street	Saltburn-by-the-sea	£78,983	3
TS12 1DN	Milton Street	Saltburn-by-the-sea	£83,333	3
TS12 1DT	Amber Street	Saltburn-by-the-sea	£94,545	11
TS12 1EH	Debrus Court	Marine Parade	£129,250	8
TS12 1EF	Ruby Street	Saltburn-by-the-sea	£131,616	12
TS12 1JX	Upleatham Street	Saltburn-by-the-sea	£136,250	4
TS12 1EN	Garnet Street	Saltburn-by-the-sea	£139,090	11
TS12 1NL	Woodrow Avenue	Saltburn-by-the-sea	£141,100	5
TS12 1BZ	Marine Parade	Saltburn-by-the-sea	£147,000	7
TS12 1NU	Wilton Bank	Saltburn-by-the-sea	£149,500	6