The TS11 postcode covers Redcar, Saltburn-By-The-Sea, and the surrounding villages in the Teesside area. Based on Land Registry and ONS data, the average sold price in TS11 over the last year was £190,645, which represents a 5% decrease compared to the previous year. This places the area at similar levels to the 2023 peak of £189,428, suggesting a market that has stabilised after a period of adjustment. Our live listing data shows 172 properties currently on the market with an average asking price of £238,370, indicating that sellers are testing the market with prices slightly above achieved sale values.
When examining specific property types, the data reveals distinct pricing patterns across the TS11 area. Detached properties achieved an average sold price of £251,275, while semi-detached homes averaged £177,780. Terraced properties in the area sold for approximately £148,672 on average, making them the most affordable option for first-time buyers. This pricing diversity means buyers at various budget levels can find suitable properties, from compact terraced homes to larger family detached houses.
Transaction volumes in TS11 remain healthy, with Rightmove recording over 3,100 property sales in the postcode area over the last 12 months. Zoopla data shows particular activity in the TS11 6 and TS11 8 sectors, with combined sales exceeding 4,000 properties. This level of market activity demonstrates sustained demand from buyers, which is encouraging for sellers looking to achieve a timely sale in the current conditions.