Average Price for property in Redcar is around £137,936 which varies based on type of property you are interested in and ranges from £203,850 for detached house to around £129,797 for semi-detached. Similarly terraced house is around £96,150 and a flat is worth £95,475. Values have been changing and have risen £71 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £946 in last 6 months, £6,348 in last 1 year, £11,945 in last 2 years, £14,105 in last 3 years, £9,721 in last 4 years and £11,690 in last 5 years.
Currently average asking price of a property in Redcar is around £139,266 based on approximately 582 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £634 per month.
Estimated property value in Redcar is £137,936. Average asking price is £139,266 while average price paid is £129,721 which is up by £6,348 and Avg. asking rent £634.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Redcar area. In last 1 year alone average price buyer paid is around £129,721 based on approximately 582 sales in Redcar area alone. If you compare it to last 3 years sales of 1,688 properties where buyers paid around £125,829. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £126,440 for 2,744 and average amount paid for purchase of approx. 3,760 properties sold in last 7 years comes to about £126,558 per sale.