Property trends for TS13

    TS13 covers the Billingham area and surrounding neighbourhoods in the south-eastern corner of County Durham, between Stockton-on-Tees and Hartlepool. It is a largely residential district with a mixed industrial and service-sector economy, offering affordable housing in a working community setting.

    At a Glance

    Average Property Price - TS13

    £158,026

    4

    National percentile

    Average Monthly Rent - TS

    £668

    5

    National percentile

    Average Net Household Income - TS13

    £30,428

    9

    National percentile

    Flat / Maisonette Yield - TS

    6.6%

    94

    National percentile

    10-Year Annualised Price Growth - TS13

    1.9%

    8

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    Property Price & Volume Trends

    The average property price in TS13 is £158,000, placing it among the cheapest neighbourhoods nationally. Over the past decade, prices have grown at 1.9% per year, which is significantly below the national average rate of growth. Transaction activity has been relatively steady: 124 properties changed hands in the latest full year, slightly below the 10-year average of 142 per year.

    Rent & Yield Trends

    At £668 per month, rents across the broader TS postcode area are well below the national average. Over the past decade, rents have grown at 2.9% annually, among the slowest rates nationally. The flat yield stands at 6.6%, up from a 10-year average of 5.8%, reflecting strengthening returns for rental investors despite modest capital growth.

    Income & Affordability Trends

    Average household income in TS13 is £30,428, significantly below the national average and among the lowest nationally. The price-to-income ratio has risen from 4.1x in 2016 to 6.1x today, indicating that purchase affordability has deteriorated notably over the period. By contrast, rental affordability has improved: the rent-to-income ratio has fallen from 21.9% in 2016 to 20.7% today.

    Resident Demographic Profile

    The population is notably older than national norms, with a quarter aged 65 and over (against the national average of 19.6%) and nearly a quarter aged 50–64 (compared to 19.8% nationally). The younger age groups are correspondingly underrepresented: 16–24 year-olds account for just 8.9% versus 11% nationally. Outright ownership is above average at 39.6%, and mortgage-based ownership is below average at 21.7%. The employment mix is heavily weighted towards trades (16.6% versus 10.5% nationally), elementary occupations (14.2% versus 10.2%), and caring roles (14% versus 9.2%), while professional and managerial roles are significantly below national averages.

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