Cleveland property prices

The average property price in Cleveland postcode area is £151k. The average price increased by £1.7k (1%) over the last twelve months. The price of an established property is £147k. The price of a newly built property is £236k. There were 7.9k property sales and sales dropped by 12.1% (-1.2k transactions). Most properties were sold in the £50k-£100k price range with 2084 (26.5%) properties sold, followed by £100k-£150k price range with 1878 (23.9%) properties sold.

July 2020 - June 2021

Cleveland postcode area

England and Wales

£151k

average property price

£337k

average property price

1%

average price percentage change

12%

average price percentage change

£1.7k

average price change

£35.6k

average price change

Cleveland house prices map

This price map shows the average property price in a given postcode sector between July 2020 - June 2021. The most affordable place was 'TS2 1' with the average price of £30.7k. The most expensive place was 'TS9 7', £412k.

Cleveland house prices map

Cleveland house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between July 2020 - June 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Cleveland house prices compared to other areasAverage price percentage change
Average property price

Cleveland house price rank

With the average price of £151k, Cleveland is the 4. cheapest postcode area out of 105 England and Wales' postcode areas.

Cleveland house price rank

Cleveland property sales share by price range

shows a number of properties sold in a given price range between July 2020 - June 2021.

Cleveland property sales share by price range
Property price rangeMarket shareSales volumes
under £50k10.9%852
£50k-£100k26.5%2.1k
£100k-£150k23.9%1.9k
£150k-£200k16.5%1.3k
£200k-£250k8.8%691
£250k-£300k5.6%440
£300k-£400k4.6%358
£400k-£500k1.8%141
£500k-£750k1.1%87
£750k-£1M0.3%26
over £1M0.0%2

Cleveland cost comparison of new homes and older homes

July 2020 - June 2021

Cleveland cost comparison of new homes and older homes

£236k

A newly built property

£147k

An established property

Cleveland cost comparison of houses and flats

July 2020 - June 2021

Cleveland cost comparison of houses and flats

£272k

Detached

£86.2k

Flat

£138k

Semi-Detached

£83.6k

Terraced

Cleveland real house prices

Yearly average nominal house prices adjusted for inflation.

Cleveland real house prices

Cleveland house prices compared to England & Wales' house prices

Yearly average nominal prices

Cleveland house prices

Cleveland house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Cleveland house prices and nearby areas

Yearly average nominal prices

Cleveland house prices and nearby areas

Cleveland house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Cleveland house prices new vs established

Cleveland house prices by property type

Yearly average nominal prices

Cleveland house prices by property type

Cleveland house price to earnings ratio

The median property price to median earnings ratio is ranging between 4.8 in Hartlepool and 5.1 in Redcar and Cleveland. Ie. Hartlepool resident with middle-income needs 4.8 gross annual salaries to buy a medium-priced property. Resident in Redcar and Cleveland needs 5.1 annual salaries. The England and Wales ratio was 7.7 in 2019.
Cleveland house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Hartlepool4.8
Stockton-on-Tees5
Middlesbrough5.1
Redcar and Cleveland5.1
England and Wales7.7

Other reports for Cleveland postcode area

new home prices

property transactions

salary and unemployment

home features

energy costs

home energy certificates

population statistics

crime statistics

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