Imofolio

Redcar and Cleveland · report

Past price cycles in Redcar and Cleveland

Sale prices have fallen by 3% or more 12 times since 1995. The deepest began in September 2007.

Deepest fall
−18.1%
Recovery from the low
92 months

Prices in Redcar and Cleveland and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Redcar and Cleveland
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodRedcar and ClevelandUnited Kingdom
Aug 2026347.3534.7
Jul 2026355.9532.9
Jun 2026364.2530.1
May 2026368.1533.1
Apr 2026367.5530.6
Mar 2026369.5526.0
Feb 2026363.7527.6
Jan 2026360.4526.4
Dec 2025355.7524.8
Nov 2025358.2529.6
Oct 2025358.4528.4
Sep 2025357.9527.8
Aug 2025357.9529.8
Jul 2025345.0526.5
Jun 2025336.6522.4
May 2025337.8517.1
Apr 2025348.8509.5
Mar 2025349.6524.8
Feb 2025352.0518.5
Jan 2025352.7518.8
Dec 2024364.0517.0
Nov 2024365.1518.0
Oct 2024363.8519.4
Sep 2024360.0518.4
Aug 2024353.8519.1
Jul 2024347.4514.0
Jun 2024348.4508.3
May 2024346.6506.3
Apr 2024345.2502.2
Mar 2024337.9499.5
Feb 2024340.5498.6
Jan 2024343.2501.2
Dec 2023343.6501.6
Nov 2023341.8505.9
Oct 2023344.9509.4
Sep 2023342.2511.7
Aug 2023347.2514.2
Jul 2023343.9511.4
Jun 2023347.9505.8
May 2023336.0503.9
Apr 2023333.0502.2
Mar 2023335.2501.1
Feb 2023341.5506.8
Jan 2023343.6511.0
Dec 2022344.5515.4
Nov 2022347.2519.5
Oct 2022349.7520.3
Sep 2022346.5520.3
Aug 2022340.4519.2
Jul 2022340.8514.8
Jun 2022337.5505.4
May 2022336.4499.4
Apr 2022327.2493.8
Mar 2022321.9488.0
Feb 2022318.6486.2
Jan 2022315.5485.7
Dec 2021311.4480.1
Nov 2021314.5477.7
Oct 2021309.6468.5
Sep 2021308.0480.5
Aug 2021305.1466.8
Jul 2021305.5453.1
Jun 2021307.6475.4
May 2021304.0451.4
Apr 2021306.6448.4
Mar 2021300.9455.2
Feb 2021298.8448.6
Jan 2021291.1447.3
Dec 2020285.4447.3
Nov 2020279.4443.9
Oct 2020280.4439.4
Sep 2020279.5435.7
Aug 2020271.8431.1
Jul 2020260.7426.9
Jun 2020253.8423.4
May 2020256.4417.6
Apr 2020262.0415.5
Mar 2020267.5419.7
Feb 2020267.5416.0
Jan 2020263.6418.4
Dec 2019267.9418.1
Nov 2019267.3418.7
Oct 2019268.1420.2
Sep 2019261.0421.3
Aug 2019261.9421.0
Jul 2019266.8419.6
Jun 2019266.5415.0
May 2019261.4413.2
Apr 2019254.8412.6
Mar 2019255.7409.7
Feb 2019255.6410.8
Jan 2019253.2411.8
Dec 2018254.1414.4
Nov 2018259.2415.3
Oct 2018266.4417.1
Sep 2018270.4417.5
Aug 2018268.4418.3
Jul 2018267.7417.0
Jun 2018263.0411.9
May 2018259.3409.2
Apr 2018255.6407.5
Mar 2018255.9403.7
Feb 2018267.0406.1
Jan 2018267.1405.0
Dec 2017269.3406.5
Nov 2017258.0404.9
Oct 2017265.9406.0
Sep 2017263.4405.7
Aug 2017267.1407.2
Jul 2017261.0405.4
Jun 2017263.9400.2
May 2017259.1396.8
Apr 2017260.1394.4
Mar 2017253.0388.3
Feb 2017254.4389.1
Jan 2017252.5388.3
Dec 2016258.8388.7
Nov 2016262.9388.0
Oct 2016257.3386.2
Sep 2016260.3387.5
Aug 2016257.3388.1
Jul 2016264.0388.1
Jun 2016262.0384.0
May 2016260.6380.4
Apr 2016259.6376.0
Mar 2016255.4374.6
Feb 2016257.3370.8
Jan 2016258.6370.6
Dec 2015253.5369.6
Nov 2015252.8368.4
Oct 2015250.4365.6
Sep 2015257.4365.1
Aug 2015258.4364.3
Jul 2015258.1361.0
Jun 2015255.7355.0
May 2015253.1352.3
Apr 2015253.7348.5
Mar 2015256.6345.5
Feb 2015258.9344.2
Jan 2015255.1343.9
Dec 2014255.2345.7
Nov 2014256.3344.9
Oct 2014255.4346.1
Sep 2014254.3346.6
Aug 2014252.5346.2
Jul 2014252.6342.2
Jun 2014257.1337.5
May 2014257.7334.6
Apr 2014264.1331.1
Mar 2014252.0323.9
Feb 2014248.2322.7
Jan 2014246.7321.4
Dec 2013248.6321.0
Nov 2013250.7318.1
Oct 2013247.9316.4
Sep 2013253.9317.7
Aug 2013253.7317.4
Jul 2013250.8314.9
Jun 2013240.9311.4
May 2013238.3308.9
Apr 2013245.2307.3
Mar 2013247.4304.3
Feb 2013248.8302.5
Jan 2013242.7302.5
Dec 2012245.8304.6
Nov 2012249.6305.3
Oct 2012251.6305.0
Sep 2012249.3307.2
Aug 2012248.0308.3
Jul 2012245.5307.9
Jun 2012252.0306.7
May 2012248.0303.8
Apr 2012247.1302.8
Mar 2012244.1299.3
Feb 2012245.5298.5
Jan 2012249.2299.3
Dec 2011251.8301.3
Nov 2011255.9302.6
Oct 2011257.5302.5
Sep 2011255.0305.8
Aug 2011250.2306.6
Jul 2011248.6306.4
Jun 2011249.1302.6
May 2011249.4302.1
Apr 2011255.9303.4
Mar 2011259.1298.8
Feb 2011258.1300.2
Jan 2011248.6301.8
Dec 2010251.3304.3
Nov 2010258.3304.9
Oct 2010265.2308.5
Sep 2010259.3312.0
Aug 2010256.2312.8
Jul 2010254.7312.8
Jun 2010262.7309.7
May 2010266.1308.2
Apr 2010267.6306.7
Mar 2010265.8302.8
Feb 2010265.4302.8
Jan 2010266.2302.1
Dec 2009266.2303.2
Nov 2009266.8301.2
Oct 2009265.6300.2
Sep 2009264.3298.2
Aug 2009257.2295.9
Jul 2009253.3293.0
Jun 2009251.9287.8
May 2009250.6285.0
Apr 2009256.3281.1
Mar 2009252.7278.6
Feb 2009254.5280.3
Jan 2009255.0283.6
Dec 2008259.5290.3
Nov 2008259.4294.8
Oct 2008262.7303.4
Sep 2008264.4309.6
Aug 2008278.2317.6
Jul 2008281.0324.4
Jun 2008282.3328.0
May 2008279.7332.4
Apr 2008276.8330.4
Mar 2008278.8329.8
Feb 2008282.4332.2
Jan 2008282.8335.1
Dec 2007285.9341.3
Nov 2007282.1341.8
Oct 2007289.6342.0
Sep 2007290.8342.8
Aug 2007289.1342.3
Jul 2007282.1340.4
Jun 2007281.1336.1
May 2007285.8332.5
Apr 2007282.4328.7
Mar 2007279.5322.2
Feb 2007280.9319.8
Jan 2007283.2318.8
Dec 2006285.5319.0
Nov 2006280.6315.0
Oct 2006275.0313.4
Sep 2006266.1311.6
Aug 2006261.5310.3
Jul 2006258.1307.7
Jun 2006259.2303.4
May 2006252.4300.5
Apr 2006250.9297.7
Mar 2006245.4291.4
Feb 2006257.4289.0
Jan 2006267.2288.6
Dec 2005267.8289.0
Nov 2005254.3287.4
Oct 2005243.6286.6
Sep 2005248.9287.1
Aug 2005252.1287.6
Jul 2005252.3286.4
Jun 2005240.0282.8
May 2005236.9280.6
Apr 2005234.5277.6
Mar 2005234.4273.7
Feb 2005227.6271.5
Jan 2005222.8271.7
Dec 2004221.1271.9
Nov 2004228.5273.9
Oct 2004227.8274.3
Sep 2004230.5272.3
Aug 2004222.3272.8
Jul 2004218.3269.7
Jun 2004209.4264.1
May 2004200.7259.5
Apr 2004192.9256.4
Mar 2004185.1245.3
Feb 2004181.5244.7
Jan 2004182.4247.1
Dec 2003183.7245.6
Nov 2003181.6240.9
Oct 2003174.8243.6
Sep 2003164.5239.4
Aug 2003158.3240.2
Jul 2003157.0236.0
Jun 2003155.5231.9
May 2003146.8231.4
Apr 2003136.6233.0
Mar 2003131.9227.6
Feb 2003138.3222.8
Jan 2003138.6225.2
Dec 2002139.5226.8
Nov 2002136.1219.5
Oct 2002137.7217.3
Sep 2002133.5215.7
Aug 2002130.1210.6
Jul 2002121.6206.0
Jun 2002119.8204.4
May 2002115.6196.4
Apr 2002114.7191.4
Mar 2002113.4188.9
Feb 2002115.9182.5
Jan 2002116.6176.1
Dec 2001112.7176.7
Nov 2001111.7176.7
Oct 2001112.1176.7
Sep 2001115.1180.3
Aug 2001115.2180.3
Jul 2001112.0180.3
Jun 2001113.5174.1
May 2001109.3174.1
Apr 2001110.0174.1
Mar 2001106.7168.0
Feb 2001109.0168.0
Jan 2001108.7168.0
Dec 2000110.3168.9
Nov 2000109.5168.9
Oct 2000110.5168.9
Sep 2000106.4164.0
Aug 2000107.5164.0
Jul 2000106.9164.0
Jun 2000109.6161.0
May 2000107.4161.0
Apr 2000106.5161.0
Mar 2000106.1152.6
Feb 2000105.7152.6
Jan 2000104.7152.6
Dec 1999103.3148.8
Nov 1999104.1148.8
Oct 1999104.0148.8
Sep 1999104.7145.1
Aug 1999104.8145.1
Jul 1999103.8145.1
Jun 1999101.6137.1
May 199998.6137.1
Apr 199998.2137.1
Mar 1999100.1131.5
Feb 1999100.6131.5
Jan 1999102.2131.5
Dec 1998100.8130.7
Nov 1998100.9130.7
Oct 1998100.6130.7
Sep 1998101.3131.3
Aug 1998103.5131.3
Jul 1998104.1131.3
Jun 1998105.6125.8
May 1998105.0125.8
Apr 1998103.4125.8
Mar 1998101.3119.5
Feb 199898.5119.5
Jan 199897.9119.5
Dec 199797.3116.5
Nov 199798.4116.5
Oct 199798.9116.5
Sep 1997100.7117.4
Aug 1997101.6117.4
Jul 1997101.2117.4
Jun 199799.1111.7
May 199798.4111.7
Apr 199796.9111.7
Mar 199796.8109.5
Feb 199795.8109.5
Jan 199797.8109.5
Dec 199698.9108.0
Nov 1996100.0108.0
Oct 199699.0108.0
Sep 199698.9106.2
Aug 199696.1106.2
Jul 199697.7106.2
Jun 199695.4102.2
May 199696.6102.2
Apr 199695.3102.2
Mar 199693.5102.1
Feb 199695.2102.1
Jan 199695.0102.1
Dec 199597.1100.6
Nov 199597.7100.6
Oct 199597.7100.6
Sep 1995100.1102.0
Aug 199598.5102.0
Jul 1995100.8102.0
Jun 1995103.1101.1
May 1995103.1101.1
Apr 1995102.4101.1
Mar 199599.7100.0
Feb 1995101.3100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
June 1995March 1996−9.3%925
June 1998April 1999−7.0%1010
October 2000March 2001−3.4%53
August 2001November 2001−3.0%32
December 2002March 2003−5.5%32
September 2004December 2004−4.1%33
July 2005October 2005−3.4%31
December 2005March 2006−8.4%37
September 2007May 2013−18.1%6892
October 2022April 2023−4.8%616
November 2024June 2025−7.8%79
March 2026August 2026−6.0%5Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Redcar and Cleveland

Sale prices have an 80% chance of landing between £121,158 and £153,724 by August 2027.

Expected, August 2027
£137,441
Chance of a rise
24%

At the average sale price, a home costs £146,259. With 10% down and a 30-year mortgage, the payment is £675 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
12%
Payment, one income
23%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£645
Owning per month
£689

9.9% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
470
Per 1,000 residents
3.4

Figures for United Kingdom: Redcar and Cleveland has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 735 while 480 homes were finished: 1.5 new residents for every new home.

New residents per new home, 2025
1.5
Population change, 2025
+735

5.5% of the 65,542 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.5%
Empty homes
3,635

In 2025, 1% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
1%