Saltburn-by-the-Sea House Prices Saltburn-by-the-Sea House Prices

The average house price in Saltburn-by-the-Sea is £284,100 using HM Land Registry data.

The average property price increased by £53,397 (25.42%) over the last 5 years and increased by £10,672 (4.22%) over the last 12 months.

Over the last year, there were 80 residential property sales – a decrease of 34 transactions (-42.50%) relative to the previous year. The majority of house sales (19) were in the £150,000 - £196,000 range. Then came properties in the £196,000 - £242,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,986 (-3%).

In April 2024, there were 27 new estate agency instructions, 10 agreed home sales and 4 property price reductions.

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

25.42%

Property prices in Saltburn-by-the-Sea increased by 25.42% 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

4.22%

Property prices in Saltburn-by-the-Sea increased by 4.22% 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 Saltburn-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 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 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Hob Hill Close, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1NB£535,000£475,000-£60,00009 Aug 202331 Jan 2024175 Days
68a, Ruby Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1EG£140,000£134,000-£6,00006 Nov 202326 Jan 202481 Days
73 Irvin Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QP£195,000£180,000-£15,00005 Sep 202315 Dec 2023101 Days
14 The Crescent, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1HY£499,950£470,000-£29,95028 Jul 202306 Dec 2023131 Days
18 Laurel Road, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1HU£302,500£286,000-£16,50023 May 202308 Nov 2023169 Days
13 Wilton Bank, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1PG£210,000£210,000£0026 Jul 202313 Oct 202379 Days
19 Randolph Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1LN£239,995£239,995£0008 Jun 202306 Oct 2023120 Days
26 Princes Road, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1LJ£330,000£303,000-£27,00031 Mar 202329 Sep 2023182 Days
35 Leven Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1JY£385,000£372,750-£12,25015 Mar 202331 Aug 2023169 Days
66 The Fairway, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1NG£445,000£385,000-£60,00003 Jul 202331 Aug 202359 Days
17 West Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QF£395,000£373,000-£22,00013 Mar 202323 Aug 2023163 Days
7 West Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QF£390,000£360,000-£30,00001 Dec 202223 Aug 2023265 Days
62 Irvin Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QJ£225,000£225,000£0003 May 202304 Aug 202393 Days
28 Laurel Road, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1HU£332,500£325,000-£7,50026 May 202301 Aug 202367 Days
3 Ruskin Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QB£340,000£330,000-£10,00021 Feb 202331 Jul 2023160 Days
53 Marske Road, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1PN£330,000£330,000£0003 May 202321 Jul 202379 Days
11 Lune Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1JU£295,000£285,000-£10,00011 May 202320 Jul 202370 Days
87 Wilton Bank, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1NS£249,500£240,000-£9,50021 Mar 202307 Jul 2023108 Days
44 Emerald Street, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1ED£249,995£245,000-£4,99530 Jan 202330 Jun 2023151 Days
114 Irvin Avenue, Saltburn-by-the-sea, Redcar And Cleveland, TS12 1QP£180,000£170,000-£10,00021 Oct 202215 Jun 2023237 Days

Most Expensive Streets in Saltburn-by-the-Sea

PostcodeStreetAreaAverageNo. of Sales
TS12 1LTAlbion TerraceSaltburn-by-the-sea£625,8333
TS12 1JDVictoria RoadSaltburn-by-the-sea£607,3754
TS12 1HTMarske Mill LaneSaltburn-by-the-sea£540,7504
TS12 1NJGuisborough RoadSaltburn-by-the-sea£535,0003
TS12 1GXScholars RiseSaltburn-by-the-sea£455,0003
TS12 1GYChurch ViewSaltburn-by-the-sea£416,5003
TS12 1NBHob Hill CloseSaltburn-by-the-sea£401,0559
TS12 1NGThe FairwaySaltburn-by-the-sea£376,4005
TS12 1HYThe CrescentSaltburn-by-the-sea£342,5004
TS12 1QFWest AvenueSaltburn-by-the-sea£337,6663

Least Expensive Streets in Saltburn-by-the-Sea

PostcodeStreetAreaAverageNo. of Sales
TS12 1DHMilton StreetSaltburn-by-the-sea£78,9833
TS12 1DNMilton StreetSaltburn-by-the-sea£83,3333
TS12 1DTAmber StreetSaltburn-by-the-sea£94,54511
TS12 1EFRuby StreetSaltburn-by-the-sea£115,85411
TS12 1ENGarnet StreetSaltburn-by-the-sea£117,50010
TS12 1EHDebrus CourtMarine Parade£129,2508
TS12 1JXUpleatham StreetSaltburn-by-the-sea£136,2504
TS12 1NLWoodrow AvenueSaltburn-by-the-sea£136,2506
TS12 1BZMarine ParadeSaltburn-by-the-sea£147,0007
TS12 1ETLangbaurgh CourtMarine Parade£147,8624

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