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Marske-by-the-Sea House Prices Marske-by-the-Sea House Prices

The average house price in Marske-by-the-Sea is £209,207 using HM Land Registry data.

The average property price increased by £45,992 (30.98%) over the last 5 years and increased by £9,192 (4.96%) over the last 12 months.

Over the last year, there were 104 residential property sales – an increase of 1 transactions (0.96%) relative to the previous year. The majority of house sales (25) were in the £184,000 - £216,000 range. Then came properties in the £152,000 - £184,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 101 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 18 new estate agency instructions, 7 agreed home sales and 1 property price reductions.

Neighbouring Areas: Redcar

Postcodes Covered: TS11

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

30.98%

Property prices in Marske-by-the-Sea increased by 30.98% 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 Marske-by-the-Sea Over the Last Year

4.96%

Property prices in Marske-by-the-Sea increased by 4.96% 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 Marske-by-the-Sea - 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 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 Marske-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 Marske-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 Marske-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 Marske-by-the-Sea since 1995

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

Recent Property Sales in Marske-by-the-Sea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Grundales Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6DG£210,000£195,000-£15,00004 Sep 202326 Jan 2024144 Days
Westray, Spain Hill, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7LE£275,000£275,000£009 Aug 202312 Jan 2024156 Days
8 De Havilland Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6NB£285,000£272,500-£12,50025 May 202311 Dec 2023200 Days
18 Warsett Road, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DT£230,000£225,000-£5,00027 Jul 202301 Dec 2023127 Days
20 Yearby Crescent, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DU£159,950£155,000-£4,95030 Jul 202330 Nov 2023123 Days
10 Bydales Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7HJ£135,000£135,000£015 Feb 202327 Nov 2023285 Days
68 Churchill Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6BE£200,000£200,000£018 Sep 202322 Nov 202365 Days
16 Hambleton Crescent, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7JB£142,500£142,500£020 Apr 202320 Oct 2023183 Days
58 Cleveland View, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6ET£180,000£174,000-£6,00028 May 202302 Oct 2023127 Days
5 Chapel Street, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6JJ£140,000£140,000£018 Apr 202327 Sep 2023162 Days
9 Brabazon Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6NL£520,000£510,000-£10,00023 Feb 202326 Sep 2023215 Days
180 Windy Hill Lane, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DZ£245,000£225,000-£20,00016 Feb 202308 Sep 2023204 Days
1 Limes Crescent, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7BX£130,000£118,000-£12,00003 Apr 202304 Sep 2023154 Days
28 Ryehills Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DW£190,000£186,000-£4,00004 Jul 202304 Sep 202362 Days
18 Pennyman Walk, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7AP£165,000£157,000-£8,00010 May 202301 Sep 2023114 Days
101 Hummershill Lane, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DL£250,000£250,000£020 Apr 202324 Aug 2023126 Days
5 King Edward Terrace, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7BB£129,950£128,250-£1,70017 May 202322 Aug 202397 Days
44 Fir Rigg Drive, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6BZ£174,950£170,000-£4,95015 Jan 201411 Aug 20233495 Days
66 Woodford Close, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 6AN£185,000£178,000-£7,00018 May 202308 Aug 202382 Days
25 Warsett Road, Marske By The Sea, Redcar, Redcar And Cleveland, TS11 7DS£220,000£215,000-£5,00003 Mar 202303 Aug 2023153 Days

Most Expensive Streets in Marske-by-the-Sea

PostcodeStreetAreaAverageNo. of Sales
TS11 6NLBrabazon DriveMarske By The Sea£510,0001
TS11 6JZThe GarthMarske By The Sea£490,0001
TS11 6BHBlenheim CloseMarske By The Sea£380,0001
TS11 6JTCoast RoadMarske By The Sea£320,0001
TS11 7AEThe FirlandsMarske By The Sea£307,5002
TS11 6NWWellington CloseMarske By The Sea£300,0001
TS11 6NABarnes Wallis WayMarske By The Sea£297,6005
TS11 7AYThe WillowsMarske By The Sea£295,7504
TS11 6NBDe Havilland DriveMarske By The Sea£293,2416
TS11 6NGBeardmore AvenueMarske By The Sea£281,0002

Least Expensive Streets in Marske-by-the-Sea

PostcodeStreetAreaAverageNo. of Sales
TS11 6LAYeoman TerraceMarske By The Sea£95,0002
TS11 7NGMariners CourtMarske By The Sea£98,3163
TS11 7HEDale GarthMarske By The Sea£100,0001
TS11 7EHHoward DriveMarske By The Sea£100,0001
TS11 6JJChapel StreetMarske By The Sea£107,32114
TS11 7HXBarnaby CloseMarske By The Sea£110,6663
TS11 6EZLongbeck RoadMarske By The Sea£111,9074
TS11 7AWChurch CloseMarske By The Sea£113,7504
TS11 6JXHigh StreetMarske By The Sea£115,0001
TS11 7BULimes CrescentMarske By The Sea£116,0647

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