What can you afford in Redcar and Cleveland?
1,435 homes changed hands in Redcar and Cleveland over the last 12 months (Jul 2025 – Jun 2026). Half sold for £165,000 or less, a quarter for under £120,000, and three quarters for under £225,000. Buying the median home with a 10% deposit needs roughly a £33,000 salary at the typical 4.5× lending multiple , see what £33,000 takes home.
Affordability in one number: the median home here sold for 4.7× the local median full-time salary of £35,111 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Redcar and Cleveland
£165,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £120,000
- Three quarters under
- £225,000
- Sales
- 1,435
- HPI average
- £154,696
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 1,435 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 27.5% |
| £35,000 | £175,000 | 55% |
| £50,000 | £250,000 | 82.6% |
| £75,000 | £375,000 | 95.2% |
| £100,000 | £500,000 | 96% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £111,500 · 46 | ≈£22,300 |
| Terraced house | £110,000 · 407 | ≈£22,000 |
| Semi-detached house | £168,000 · 679 | ≈£33,600 |
| Detached house | £268,000 · 303 | ≈£53,600 |
For context, the UK House Price Index puts Redcar and Cleveland average prices up 8.7% over 12 months.
Nearby in the index
- Portsmouth
- Powys
- Preston
- Reading
- Redbridge
- Redditch
- Reigate and Banstead
- Rhondda Cynon Taf
- Ribble Valley
- Richmond upon Thames
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.