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House Prices in TS11

The average house price in TS11 (Redcar) is £197,161 using HM Land Registry data.

The average property price increased by £47,532 (11.77%) over the last 5 years and increased by £9,500 (1.96%) over the last 12 months.

Over the last year, there were 141 residential property sales – an increase of 4 transactions (2.84%) relative to the previous year. The majority of house sales (37) were in the £144,000 - £178,000 range. Then came properties in the £178,000 - £212,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,901 (-3%).

In April 2024, there were 25 new estate agency instructions, 13 agreed home sales and 7 property price reductions.

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.

Property Market Heat Gauge for TS11 (Redcar) - April 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 Gurney Street, New Marske, Redcar, Redcar And Cleveland, TS11 8EG	£100,000	£100,000	£00	08 Aug 2023	06 Mar 2024	211 Days
8 Slaley Close, New Marske, Redcar, Redcar And Cleveland, TS11 8FB	£245,000	£240,100	-£4,900	14 Sep 2023	04 Mar 2024	172 Days
90 Windy Hill Lane, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7HD	£260,000	£255,000	-£5,000	14 Aug 2023	07 Feb 2024	177 Days
8 Grundales Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6DG	£210,000	£195,000	-£15,000	04 Sep 2023	26 Jan 2024	144 Days
27 Kirkleatham Avenue, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7EN	£165,000	£148,000	-£17,000	10 Dec 2023	26 Jan 2024	47 Days
Westray, Spain Hill, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7LE	£275,000	£275,000	£00	09 Aug 2023	12 Jan 2024	156 Days
20 Wentworth Crescent, New Marske, Redcar, Redcar And Cleveland, TS11 8DB	£175,000	£160,000	-£15,000	22 Jun 2023	15 Dec 2023	176 Days
27 The Headlands, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7AG	£280,000	£265,000	-£15,000	20 Sep 2023	15 Dec 2023	86 Days
38 Priestcrofts, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7HP	£195,000	£192,000	-£3,000	25 Apr 2023	12 Dec 2023	231 Days
8 De Havilland Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6NB	£285,000	£272,500	-£12,500	25 May 2023	11 Dec 2023	200 Days
55 Ryehills Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DN	£199,950	£199,950	£00	15 Sep 2023	11 Dec 2023	87 Days
2 Strensall Close, New Marske, Redcar, Redcar And Cleveland, TS11 8BG	£155,000	£150,000	-£5,000	17 Aug 2023	08 Dec 2023	113 Days
18 Warsett Road, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DT	£230,000	£225,000	-£5,000	27 Jul 2023	01 Dec 2023	127 Days
20 Yearby Crescent, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DU	£159,950	£155,000	-£4,950	30 Jul 2023	30 Nov 2023	123 Days
78 Sherwood Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6DY	£175,000	£170,000	-£5,000	02 Aug 2023	30 Nov 2023	120 Days
10 Bydales Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7HJ	£135,000	£135,000	£00	15 Feb 2023	27 Nov 2023	285 Days
13 Southfield Road, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7BP	£160,000	£155,000	-£5,000	24 Aug 2023	24 Nov 2023	92 Days
68 Churchill Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6BE	£200,000	£200,000	£00	18 Sep 2023	22 Nov 2023	65 Days
12 Hambleton Crescent, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7HU	£140,000	£135,000	-£5,000	11 Jul 2023	16 Nov 2023	128 Days
8 Hartsbourne Crescent, New Marske, Redcar, Redcar And Cleveland, TS11 8DZ	£210,000	£210,000	£00	31 Jan 2023	30 Oct 2023	272 Days

Most Expensive Streets in TS11 (Redcar)

Postcode	Street	Area	Average	No. of Sales
TS11 6NA	Barnes Wallis Way, Marske By The Sea	Redcar	£297,600	5
TS11 7AY	The Willows, Marske By The Sea	Redcar	£295,750	4
TS11 6NB	De Havilland Drive, Marske By The Sea	Redcar	£293,241	6
TS11 6ND	Vickers Close, Marske By The Sea	Redcar	£272,990	5
TS11 7AD	The Kirklands, Marske By The Sea	Redcar	£264,790	5
TS11 6DS	Charnwood Close, Marske By The Sea	Redcar	£255,666	3
TS11 7AG	The Headlands, Marske By The Sea	Redcar	£250,000	4
TS11 7LN	High Street, Marske By The Sea	Redcar	£246,601	6
TS11 6NE	Blackburn Grove, Marske By The Sea	Redcar	£244,166	3
TS11 7AZ	Jackson Court, Marske By The Sea	Redcar	£239,166	3

Least Expensive Streets in TS11 (Redcar)

Postcode	Street	Area	Average	No. of Sales
TS11 8EW	Dale Street, New Marske	Redcar	£67,215	4
TS11 8EH	Dale Street, New Marske	Redcar	£67,333	3
TS11 8EU	Zetland Terrace, New Marske	Redcar	£67,500	3
TS11 8EL	Dale Street, New Marske	Redcar	£67,833	6
TS11 8ET	Arthur Terrace, New Marske	Redcar	£72,000	6
TS11 8EN	Dale Street, New Marske	Redcar	£75,000	3
TS11 8HB	West Terrace, New Marske	Redcar	£79,916	6
TS11 7NG	Mariners Court, Marske By The Sea	Redcar	£98,316	3
TS11 8EG	Gurney Street, New Marske	Redcar	£102,666	3
TS11 8AS	Victoria Close, New Marske	Redcar	£103,000	5