Redcar and Cleveland house prices
Redcar and Cleveland is falling, a value area.
Momentum-3.4%Falling
Vs typical-48%Below average
Rental yield4.2%Low yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1995: £40,892 → 2025: £148,404 (3.6×)
Typical price
£148,404
United Kingdom
Rank in United Kingdom
#331
of 349
Population 2024
139k
Median pay
£35,111
4.2× price-to-income
Median rent
£525/mo
4.2% gross yield
Market read
At £148,404, homes in Redcar and Cleveland are 48% below the typical United Kingdom local authority (£283,271), ranking #331 of 349.
Prices are down 3.4% over the last year.
Price history
Typical price by year.
Top industries · share of jobs
Retail & wholesale15%
Health & social work15%
Manufacturing10%
Education10%
Transport & storage9%
Frequently asked questions
What is the average house price in Redcar and Cleveland?
The typical home in Redcar and Cleveland (United Kingdom) is worth £148,404 — 48% below the typical United Kingdom local authority (£283,271).
How have Redcar and Cleveland house prices changed since 1995?
They have risen 3.6×, from £40,892 in 1995 to £148,404 in 2025.
Is Redcar and Cleveland affordable?
With a median pay of £35,111, homes cost about 4.2× income.
What is the rental yield in Redcar and Cleveland?
Median rent is £525/mo, about a 4.2% gross yield.