Property trends for TS26

    TS26 covers parts of County Durham and surrounding areas in the North East. It is a region characterised by long-established communities with strong family and industrial heritage.

    At a Glance

    Average Property Price - TS26

    £201,614

    13

    National percentile

    Average Monthly Rent - TS

    £668

    5

    National percentile

    Average Net Household Income - TS26

    £18,976

    2

    National percentile

    Flat / Maisonette Yield - TS

    6.6%

    94

    National percentile

    10-Year Annualised Price Growth - TS26

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    Property Price & Volume Trends

    The latest average property price in TS26 is £202,000, placing it among the most affordable parts of the UK. Annual price growth over the past decade has averaged 3.1%, which is below the national rate of increase. Transaction volumes have eased recently, with 383 sales recorded in the latest full year against a 10-year average of 455.

    Rent & Yield Trends

    Average monthly rent stands at £668, making this among the cheapest rental markets nationally. Rental growth over ten years has been exceptionally slow at 2.9% per annum, ranking among the lowest in the UK. The flat yield has climbed to 6.6%, notably above its 10-year average of 5.8%, signalling improved rental returns for investors.

    Income & Affordability Trends

    Average household income of £18,976 is substantially below the national norm, reflecting the economic profile of the area. The price-to-income ratio of 9.6x represents a significant deterioration from 5.7x in 2016, indicating that property prices have risen sharply relative to local earnings. Rental affordability has improved modestly: the rent-to-income ratio has fallen from 21.9% in 2016 to 20.7% today.

    Resident Demographic Profile

    The population skews notably older, with those aged 50–64 representing 22% of residents—above the national average of 19.8%—and 20.6% aged 65 and over. Working-age groups are correspondingly lighter; those aged 25–34 make up 11.3% compared to 13.4% nationally. The employment mix shows a higher concentration in trades (11.6% against 10.5% nationally) and caring roles (10.6% versus 9.2%), with fewer professionals (17.4% compared to 20.5%).

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