Property trends for TS29

    TS29 covers the Stockton-on-Tees area in the North East, positioned on the south bank of the River Tees. It is a working community with a mix of residential neighbourhoods, offering practical family living and easy access to local amenities.

    At a Glance

    Average Property Price - TS29

    £116,128

    1

    National percentile

    Average Monthly Rent - TS

    £668

    5

    National percentile

    Average Net Household Income - TS29

    £30,708

    10

    National percentile

    Flat / Maisonette Yield - TS

    6.6%

    94

    National percentile

    10-Year Annualised Price Growth - TS29

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    Property Price & Volume Trends

    The latest average property price in TS29 is £116,000, placing it among the most affordable areas nationally. Over the past decade, prices have grown at 3.3% annually—slightly below the national pace. Transaction activity has remained stable, with 82 sales in the latest year compared to a 10-year average of 80.

    Rent & Yield Trends

    Average monthly rent in the broader TS postcode area stands at £668, well below the national average. Rental growth over the past decade has been modest at 2.9% annually, significantly slower than the national trend. The current flat yield of 6.6% has improved from its 10-year average of 5.8%, reflecting improving conditions for rental investors.

    Income & Affordability Trends

    Average household income in TS29 is £31,000, substantially below the national average. The price-to-income ratio has risen to 3.7x from 3.2x in 2016, indicating that properties have 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%, easing the burden on renters.

    Resident Demographic Profile

    The population skews notably older, with over-50s representing 43.5% of residents compared to 39.4% nationally. Those aged 16–24 are underrepresented at 9.5% against the national 11%. Social rented housing is significantly more prevalent at 22.9% versus 16.5% nationally. The employment mix is weighted towards trades (13.7%), caring roles (12.6%), and elementary work (12%), with notably fewer professionals (13.3%) and managers (8.7%) than national averages.

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