Redcar and Cleveland · report
House prices in Redcar and Cleveland: the next 12 months
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%
Redcar and Cleveland: five years of prices and the expected path
Average sale price per home, £, monthly, with the next 12 months' expected path
- Redcar and Cleveland
- North East
- United Kingdom
- Expected path
- 80% range
Show the numbers
| Period | Redcar and Cleveland | North East | United Kingdom |
|---|---|---|---|
| Aug 2027 · Expected path | £137,441 (£121,158–£153,724) | £170,953 | £280,154 |
| Jul 2027 · Expected path | £138,176 (£122,636–£153,716) | £170,510 | £279,560 |
| Jun 2027 · Expected path | £138,911 (£124,142–£153,680) | £170,068 | £278,967 |
| May 2027 · Expected path | £139,646 (£125,679–£153,612) | £169,625 | £278,374 |
| Apr 2027 · Expected path | £140,381 (£127,256–£153,505) | £169,182 | £277,781 |
| Mar 2027 · Expected path | £141,115 (£128,878–£153,352) | £168,739 | £277,188 |
| Feb 2027 · Expected path | £141,850 (£130,558–£153,142) | £168,297 | £276,595 |
| Jan 2027 · Expected path | £142,585 (£132,311–£152,859) | £167,854 | £276,002 |
| Dec 2026 · Expected path | £143,320 (£134,161–£152,478) | £167,411 | £275,409 |
| Nov 2026 · Expected path | £144,055 (£136,150–£151,960) | £166,968 | £274,816 |
| Oct 2026 · Expected path | £144,789 (£138,357–£151,222) | £166,526 | £274,223 |
| Sep 2026 · Expected path | £145,524 (£140,991–£150,057) | £166,083 | £273,630 |
| Aug 2026 | £146,259 | £165,640 | £273,037 |
| Jul 2026 | £149,869 | £166,689 | £272,146 |
| Jun 2026 | £153,357 | £164,851 | £270,690 |
| May 2026 | £154,984 | £164,023 | £272,221 |
| Apr 2026 | £154,752 | £162,482 | £270,966 |
| Mar 2026 | £155,592 | £161,405 | £268,631 |
| Feb 2026 | £153,145 | £163,237 | £269,423 |
| Jan 2026 | £151,761 | £159,778 | £268,814 |
| Dec 2025 | £149,762 | £161,468 | £268,002 |
| Nov 2025 | £150,823 | £162,975 | £270,472 |
| Oct 2025 | £150,902 | £160,446 | £269,819 |
| Sep 2025 | £150,712 | £159,290 | £269,556 |
| Aug 2025 | £150,719 | £160,535 | £270,575 |
| Jul 2025 | £145,275 | £159,160 | £268,843 |
| Jun 2025 | £141,748 | £158,700 | £266,796 |
| May 2025 | £142,263 | £154,763 | £264,078 |
| Apr 2025 | £146,895 | £148,461 | £260,162 |
| Mar 2025 | £147,194 | £163,542 | £268,019 |
| Feb 2025 | £148,203 | £157,310 | £264,771 |
| Jan 2025 | £148,512 | £154,863 | £264,936 |
| Dec 2024 | £153,271 | £158,022 | £263,991 |
| Nov 2024 | £153,732 | £155,962 | £264,515 |
| Oct 2024 | £153,179 | £155,424 | £265,252 |
| Sep 2024 | £151,594 | £156,297 | £264,750 |
| Aug 2024 | £148,964 | £153,371 | £265,085 |
| Jul 2024 | £146,304 | £151,703 | £262,479 |
| Jun 2024 | £146,688 | £151,871 | £259,585 |
| May 2024 | £145,930 | £149,642 | £258,565 |
| Apr 2024 | £145,342 | £146,629 | £256,478 |
| Mar 2024 | £142,278 | £147,221 | £255,082 |
| Feb 2024 | £143,373 | £148,690 | £254,633 |
| Jan 2024 | £144,527 | £147,973 | £255,972 |
| Dec 2023 | £144,675 | £151,215 | £256,177 |
| Nov 2023 | £143,925 | £150,866 | £258,368 |
| Oct 2023 | £145,231 | £150,966 | £260,129 |
| Sep 2023 | £144,094 | £151,607 | £261,318 |
| Aug 2023 | £146,189 | £154,429 | £262,602 |
| Jul 2023 | £144,819 | £150,021 | £261,182 |
| Jun 2023 | £146,486 | £149,448 | £258,275 |
| May 2023 | £141,506 | £146,913 | £257,330 |
| Apr 2023 | £140,235 | £147,442 | £256,479 |
| Mar 2023 | £141,141 | £144,993 | £255,885 |
| Feb 2023 | £143,783 | £147,783 | £258,788 |
| Jan 2023 | £144,669 | £150,814 | £260,941 |
| Dec 2022 | £145,051 | £152,252 | £263,190 |
| Nov 2022 | £146,219 | £153,022 | £265,299 |
| Oct 2022 | £147,270 | £153,663 | £265,693 |
| Sep 2022 | £145,889 | £152,937 | £265,727 |
| Aug 2022 | £143,324 | £151,747 | £265,124 |
| Jul 2022 | £143,493 | £151,552 | £262,904 |
| Jun 2022 | £142,103 | £147,826 | £258,118 |
| May 2022 | £141,640 | £145,424 | £255,040 |
| Apr 2022 | £137,782 | £144,411 | £252,167 |
| Mar 2022 | £135,536 | £143,435 | £249,232 |
| Feb 2022 | £134,161 | £140,762 | £248,309 |
| Jan 2022 | £132,866 | £140,576 | £248,031 |
| Dec 2021 | £131,109 | £140,230 | £245,189 |
| Nov 2021 | £132,421 | £138,405 | £243,930 |
| Oct 2021 | £130,377 | £136,801 | £239,236 |
| Sep 2021 | £129,716 | £146,908 | £245,371 |
What the model expects
The central estimate at each horizon, and the range prices land in 8 times out of 10.
| Horizon | Expected | 80% range | Chance of a rise | Chance of beating inflation |
|---|---|---|---|---|
| In 3 months (November 2026) | £144,055 | £136,150 – £151,960 | 36% | 29% |
| In 4 months (December 2026) | £143,320 | £134,161 – £152,478 | 34% | 26% |
| In 12 months (August 2027) | £137,441 | £121,158 – £153,724 | 24% | 14% |
The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.
Other reports for Redcar and Cleveland
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%
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
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%