local authority Land Registry UK HPI

Redcar and Cleveland house prices

Average sold prices for Redcar and Cleveland, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£154,696
Annual change
+8.7%
Homes sold, March 2026
112
England average
£292,095

The average property in Redcar and Cleveland sold for £154,696 in May 2026, up 8.7% on the year. That is about 47% below the England average of £292,095. 112 homes sold in Redcar and Cleveland in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in Redcar and Cleveland rose 9%, peaking at £156,104 in March 2026.

£156,104 £141,742
June 2025May 2026

Peak £156,104 in March 2026.

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By property type

Detached homes are the most expensive in Redcar and Cleveland at £259,857, 217% above flat or maisonette at £81,938. Every type is up on the year.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£259,857+8%
Semi-detached£160,343+9.3%
Terraced£121,613+9.1%
Flat or maisonette£81,938+3.9%

By buyer status

First-time buyers in Redcar and Cleveland paid £39,185 less than people who already owned, a gap of 28%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£138,084+9%
Former owner-occupier£177,269+8.5%

By funding status

Cash buyers in Redcar and Cleveland paid 10% less than those with a mortgage. Cash accounted for 40% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£144,024+8.6%18
Mortgage£160,322+8.8%27

By property status

New builds in Redcar and Cleveland sold for 125% more than existing homes.

Average sold price by property status, March 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£342,444+8.6%
Existing property£151,983+5.9%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
May 2026£154,696+8.7%n/a
April 2026£154,772+5.4%n/a
March 2026£156,104+6.1%112
February 2026£153,575+3.6%95
January 2026£152,355+2.6%80
December 2025£149,113-2.7%126
November 2025£150,284-2.2%136
October 2025£149,992-2.1%188
September 2025£150,695-0.6%165
August 2025£150,725+1.2%160
July 2025£145,231-0.7%172
June 2025£141,742-3.4%187
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Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.