Story Highlights

• Redcar And Cleveland had total Property Sales of £285 millions in 2015
• The total number of properties sold in year 2015 was 2002
• The Average property price was £143 K, while Median was £125 K
• Not New Property contributed 86.53% by value and New Property 13.47% by value

Redcar And Cleveland has unitary authority status in North East England.

Total Sales By Property Type

Redcar And Cleveland had total property sales of £285 millions which was 4.2% of the North East Property Market 2015.

The split across the different property types was :

• Semi-Detached at £105 millions (36.94%)
• Detached at £102 millions (35.77%)
• Terraced at £48 millions (16.73%)
• Other at £24 millions (8.24%)
• Flat/Maisonette at £7 millions (2.33%)

Total No Of Properties Sold By Property Type

The total property sales of £285 millions in 2015 was spread over 2002 properties.

• Terraced properties at 542 (27.07%)
• Detached at 500 (24.98%),
• Semi-Detached at 838 (41.86%),  
• Flat/Maisonette at 84 (4.2%)
• Others at 38 (1.9%).

Average & Median Sales Price

The average sales price in Redcar And Cleveland was £143 K.

For the different property types it was

• Detached at £204 K
• Semi-Detached at £126 K
• Terraced at £88 K
• Flat/Maisonette at £79 K
• Other at £619 K.

Similarly median sales price in Redcar And Cleveland was £125 K.

For the different property types it was

• Detached at £198 K
• Semi-Detached at £125 K
• Terraced at £78 K
• Flat/Maisonette at £65 K 
• Other at £156 K

New Vs Not New Property Statistics

By Value of Sales

• The sales value contributed by New Property was £38 millions (13.47%)
• where as Not New Property contributed £247 millions (86.53%)

By Number of Sales

• New properties sold were 224 (11.19%)
• where as not new property sold were 1778 (88.81%).

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