Property trends for TS23

    TS23 covers the Stockton-on-Tees area in the North East, sitting within the wider Teesside conurbation. It is a mixed residential and industrial region with strong community roots and accessible everyday amenities.

    At a Glance

    Average Property Price - TS23

    £147,487

    2

    National percentile

    Average Monthly Rent - TS

    £668

    5

    National percentile

    Average Net Household Income - TS23

    £34,345

    27

    National percentile

    Flat / Maisonette Yield - TS

    6.6%

    94

    National percentile

    10-Year Annualised Price Growth - TS23

    2.8%

    23

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    Property Price & Volume Trends

    The average property price in TS23 is £147,000, placing it among the most affordable postcode districts nationally. Over the past decade, prices have grown at 2.8% per year — a below-average rate of appreciation. Transaction volumes have softened slightly, with 319 sales in the latest full year compared to a 10-year average of 344 per year.

    Rent & Yield Trends

    Average monthly rents in the broader TS area stand at £668, well below the national average. Rental growth over the past decade has been similarly subdued at 2.9% per year — among the slowest nationally. The flat yield has improved to 6.6%, up from a 10-year average of 5.8%, reflecting the underlying strength of rental income relative to property values.

    Income & Affordability Trends

    Average household income is £34,345, placing the area below the national average. The price-to-income ratio of 3.9x shows properties remain affordable relative to earnings, and this ratio has remained stable since 2016. Rental affordability has also improved: the rent-to-income ratio has fallen from 21.9% in 2016 to 20.7% today.

    Resident Demographic Profile

    The population skews noticeably older, with those aged 50–64 accounting for 22.1% compared to 19.8% nationally. Employment is heavily weighted towards elementary roles (13.7% versus 10.2% nationally) and caring occupations (11.8% versus 9.2%), while professional and managerial positions are underrepresented at 13.9% and 7.9% respectively. Housing tenure is broadly balanced, with mortgaged ownership slightly above average at 30.5%.

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