Property trends for TS27

    TS27 covers the coastal towns and villages of south-east County Durham and north-east England, situated along the North Sea coast. The area is characterised by seaside communities with a relaxed, established character and strong local heritage.

    At a Glance

    Average Property Price - TS27

    £180,386

    8

    National percentile

    Average Monthly Rent - TS

    £668

    5

    National percentile

    Average Net Household Income - TS27

    £33,726

    23

    National percentile

    Flat / Maisonette Yield - TS

    6.6%

    94

    National percentile

    10-Year Annualised Price Growth - TS27

    2.8%

    22

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    Property Price & Volume Trends

    The latest average property price in TS27 is £180,000, placing it among the cheapest nationally. Over the past decade, prices have grown at 2.8% per year—below the national average rate of expansion. Annual transaction volume has recently dipped to 194 sales, slightly below the 10-year average of 216, suggesting modest but consistent market activity.

    Rent & Yield Trends

    Average monthly rent in the TS postcode area is £668, well below the national average. Rent growth over the past decade has been unusually slow at 2.9% per year, among the slowest rates recorded nationally. The flat yield now stands at 6.6%, a meaningful rise from the 10-year average of 5.8%, reflecting the improving return available to rental investors.

    Income & Affordability Trends

    Average household income of £34,000 is below the national median. The purchase price-to-income ratio now stands at 5.0x, having risen from 4.1x in 2016, indicating that property has become less affordable relative to local earnings over this period. Rental affordability has improved slightly: the rent-to-income ratio has fallen from 21.9% to 20.7%, meaning renters now dedicate a marginally smaller share of income to housing costs.

    Resident Demographic Profile

    The population is notably older than average, with those aged 50–64 and 65+ together accounting for just under 46%, compared to the national average of 39.4%. Conversely, young adults aged 16–24 are significantly under-represented at 8.9% versus the national norm of 11%. Housing tenure shows strong owner-occupation: 71.1% own their home outright or with a mortgage, against 60.7% nationally. The employment profile is broadly balanced with a slightly higher proportion in trades (12.4% vs 10.5% nationally) and a lower share of professionals (17.6% vs 20.5%).

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