House Prices in Redcar and Cleveland

Updated: October 2025

The average house price in Redcar and Cleveland is ยฃ149,218.

That's the number most sites stop at.
Bread Index goes one step further.

Alongside the usual ยฃ price, this page also shows house prices in loaves of bread. It's the same official data, just viewed through a lens that reflects everyday costs more closely.

If house prices feel disconnected from day-to-day life, this is why.

Redcar and Cleveland Snapshot

  • Average price: ยฃ149,218 (105,010 ๐Ÿž)
  • Peak (bread): 164,718 ๐Ÿž in July 2005
  • Lowest (bread): 77,722 ๐Ÿž in March 1996
  • Strongest year: 2003 (+29.8%)
  • Weakest year: 2008 (-35.6%)

Scroll the chart and switch between ยฃ and ๐Ÿž to see how different the story looks.

Regions

Prices

Lowest Price

77,722 ๐Ÿž

March 1996

Highest Price

164,718 ๐Ÿž

July 2005

Lowest Growth Year

-28.3%

2008

Highest Growth Year

21.84%

2003

Average House Price in Redcar and Cleveland

Both numbers describe the same homes.
Only one reflects what rising everyday prices have done along the way.

What the Bread View Adds

Pounds are fine for today's price. They're less useful when comparing different years.

Over the last decade, and especially the last few years, everyday costs have moved quickly. Food, energy, rent, and basics all changed in ways many people felt long before the headlines caught up.

The bread view is a simple adjustment:

House price รท average bread price

It doesn't try to predict anything. It just helps answer a cleaner question:

Did houses in Redcar and Cleveland become more expensive in real terms, or did the pound quietly buy less?

House Prices in Redcar and Cleveland Over Time

From 1995 to 2025, the Redcar and Cleveland housing market went through clear phases.

Measured in loaves of bread:

  • Highest point: 164,718 ๐Ÿž (July 2005)
  • Lowest point: 77,722 ๐Ÿž (March 1996)
  • Sharpest fall: 2008 (-35.6%)
  • Strongest rise: 2003 (+29.8%)

If the ยฃ line and the ๐Ÿž line diverge, that's not an error. It's the difference between headline prices and lived costs.

House Prices by Property Type in Redcar and Cleveland

The bread view is especially useful when comparing different types of homes.

You can see prices for:

  • Terraced houses: ยฃ117,440 / 82,647 ๐Ÿž
  • Semi-detached houses: ยฃ154,702 / 108,869 ๐Ÿž
  • Detached houses: ยฃ249,888 / 175,854 ๐Ÿž

Some segments clearly pulled ahead. Others mostly kept pace with rising costs elsewhere in the economy.

How to Use This Page

This page won't tell you where prices are going next.

It will help you:

  • compare different years on a like-for-like basis
  • understand whether past "growth" was real or inflation-led
  • spot differences between property types that ยฃ alone can hide

It's a reality check, not a forecast.

Methodology & Data Sources

  • House prices: UK House Price Index (ONS / Land Registry)
  • Bread prices: UK consumer price data (average loaf proxy)
  • Calculation: house price divided by bread price
  • Updates: monthly, as new data is released

Bread is a proxy. It's not perfect, but it tracks everyday costs closely enough to be useful.

About Bread Index

Bread Index: Finance, baked.

Most house price pages give you a number and a percentage change. That's rarely enough to understand what actually happened.

Bread Index exists to show familiar data in ways that are harder to misread and easier to relate to. Housing is the starting point. Next up are wages, rents, and deposit-to-income views using the same approach.

Frequently Asked Questions

What is the average house price in Redcar and Cleveland?

The current average price is ยฃ149,218, updated October 2025.

Are house prices in Redcar and Cleveland rising or falling?

In pounds, prices have fallen. In bread terms, the trend is downward. The difference comes from changes in everyday prices.

Is this inflation-adjusted house price data?

Not in the traditional sense. The bread view uses a real-world cost proxy instead of a formal inflation index.

Why use bread?

Because it's familiar, widely bought, and reflects everyday price pressure better than abstract percentages.

One last note

If you've ever felt like house price charts didn't line up with how expensive life actually felt at the time, this page is meant to test that feeling against the data.

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