House Prices in Redcar, Redcar And Cleveland

# Redcar Property Market Summary

Redcar represents an exceptionally affordable segment of the UK property market, with an average property price of just £111,850—significantly below the national average. This coastal town in North Yorkshire offers accessible homeownership opportunities, though the market has experienced notable volatility in recent years. Transaction volumes remain healthy, with over 14,000 properties in the dataset and consistent annual sales ranging from 468 to 828 properties, indicating steady market activity.

The price history reveals considerable fluctuation rather than smooth appreciation. After relatively stable pricing around £150,000 in 2017-2018, the market spiked notably in 2019 (£191,335) and again in 2021 (£188,400), before moderating to the £150,000-£170,000 range in subsequent years. The 2024 data shows 828 sales at an average of £172,120, representing the highest transaction volume in the dataset, which suggests renewed market confidence. However, early 2025 figures indicate prices softening to £153,080, though limited data makes definitive trend assessment premature. Redcar's affordability makes it particularly attractive for first-time buyers and investors seeking value in the North East, though the price volatility suggests careful timing and local knowledge are essential for buyers in this market.