Property trends for TS14

    TS14 covers Billingham and surrounding areas in the eastern part of County Durham, positioned on the banks of the River Tees. It is an established residential district with industrial heritage, offering affordable housing and community-focused neighbourhoods.

    At a Glance

    Average Property Price - TS14

    £217,125

    17

    National percentile

    Average Monthly Rent - TS

    £668

    5

    National percentile

    Average Net Household Income - TS14

    £37,572

    47

    National percentile

    Flat / Maisonette Yield - TS

    6.6%

    94

    National percentile

    10-Year Annualised Price Growth - TS14

    2.2%

    11

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    Property Price & Volume Trends

    The average property price in TS14 is £217,000, placing it well below the national average and among the most affordable areas nationally. Over the past decade, prices have grown at 2.2% annually—significantly slower than the national pace. Transaction activity has slowed considerably, with 242 sales in the latest year compared to an average of 324 over the preceding ten years.

    Rent & Yield Trends

    Average monthly rent across the broader TS postcode area stands at £668, among the lowest in the country. Rental growth over ten years has averaged 2.9% annually, well below the national trajectory. The current flat yield of 6.6% is notably above its ten-year average of 5.8%, reflecting improving returns for buy-to-let investors despite subdued capital growth.

    Income & Affordability Trends

    Average household income in TS14 is £37,572, slightly below the national median. The price-to-income ratio of 5.3x has improved meaningfully since 2016 (when it stood at 5.9x), suggesting housing has become more affordable in relative terms. Rental affordability has also improved over the same period, with rent-to-income now at 20.7%, down from 21.9% in 2016.

    Resident Demographic Profile

    TS14 has a notably older population profile: those aged 65 and over make up 26.4% of residents, well above the national average of 19.6%, while the 16–24 age group is significantly underrepresented at 7.9% against the national 11.0%. Housing tenure is weighted towards outright ownership at 40.4%, substantially higher than the national average of 33.7%. Employment is distinctive for a notably higher proportion in caring roles (12.2% against 9.2% nationally) and skilled trades (12.3% versus 10.5%), alongside lower representation in managerial positions.

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