Redcar and Cleveland: Property, Schools and Retirement Costs
Across the 3 Redcar and Cleveland locations we cover, the average property price is £250,000 and Band D council tax averages £2,551. Saltburn-by-the-Sea is the most expensive at £285,000, Marske-by-the-Sea the least at £215,000.
Across the 3 Redcar and Cleveland locations we cover, the average property price is £250,000 and Band D council tax averages £2,551. Saltburn-by-the-Sea is the most expensive at £285,000, Marske-by-the-Sea the least at £215,000.
Buying a home in Redcar and Cleveland
The county average is £250,000. Across these locations no schools hold an Outstanding Ofsted rating and 6 schools are rated Good. School quality is the main reason prices differ between towns a few miles apart.
A 10% deposit on the county average is £25,000. Saltburn-by-the-Sea runs 14% above that average, so the same deposit reaches further in Marske-by-the-Sea.
Average property price across Redcar and Cleveland
Later life and property wealth in Redcar and Cleveland
Owners aged 55 and over across Redcar and Cleveland sit on an average £250,000 of property value. Typical release at 65 is around £85,000, and interest compounds against the estate from day one.
Downsizing within the county is the alternative most people skip. It costs fees and stamp duty but carries no compounding interest. Both routes are compared in the town guides below.
Retirement costs across Redcar and Cleveland
Band D council tax averages £2,551 across these locations. That is £213 a month before anything else. Authorities set their own rate, so the bill can change with a short move.
Housing is the fixed line in any retirement budget. Each town guide converts the local figure into the pot needed to cover it at a 4% withdrawal rate.
Towns at a glance
| Town | Average price | Band D | Good or better schools | Guides |
|---|---|---|---|---|
| Saltburn-by-the-Sea | £285,000 | £2,549 | 2 | Mortgage, Equity release, Pensions |
| Guisborough | £250,000 | £2,554 | 2 | Mortgage, Equity release, Pensions |
| Marske-by-the-Sea | £215,000 | £2,549 | 2 | Mortgage, Equity release, Pensions |
Compare towns directly
Side by side on price, deposit, schools and running costs.
Ask about Guisborough
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Guides across Redcar and Cleveland
- Guisborough: School Catchments and House Prices in Guisborough, How Much Deposit Do You Need to Buy in Guisborough?, The Real Cost of Buying a First Home in Guisborough, Downsizing in Guisborough: What You Would Actually Release, Council Tax in Guisborough: What Band D Really Costs
- Marske-by-the-Sea: School Catchments and House Prices in Marske-by-the-Sea, How Much Deposit Do You Need to Buy in Marske-by-the-Sea?, The Real Cost of Buying a First Home in Marske-by-the-Sea, Downsizing in Marske-by-the-Sea: What You Would Actually Release, Council Tax in Marske-by-the-Sea: What Band D Really Costs
- Saltburn-by-the-Sea: School Catchments and House Prices in Saltburn-by-the-Sea, How Much Deposit Do You Need to Buy in Saltburn-by-the-Sea?, The Real Cost of Buying a First Home in Saltburn-by-the-Sea, Downsizing in Saltburn-by-the-Sea: What You Would Actually Release
Check broadband before you make an offer in Redcar and Cleveland
Broadband speeds can vary street by street in Redcar and Cleveland, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
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Questions people ask
Where are house prices highest in Redcar and Cleveland?
How much is council tax in Redcar and Cleveland?
Does That's Family Finance cover the whole of Redcar and Cleveland?
How do I check broadband speed at a property in Redcar and Cleveland?
Your home may be repossessed if you do not keep up repayments on your mortgage.