Middlesbrough Property Market Update

Middlesbrough Rental Market Snapshot

As of August 2025, the average private rent in Middlesbrough is approximately £672 per month, representing a 9.3% increase from £615 in August 2024.

📊 Key Rental Update – Middlesbrough

Average Monthly Rent 2025: £672

Average Monthly Rent 2024: £615

Year-on-Year Growth: +9.3%

Why You Should Invest in Middlesbrough

Strong Rental Growth, Middlesbrough’s rental market is showing impressive momentum, with average rents increasing by 9.3% year-on-year (ONS, 2025). This reflects robust tenant demand and a resilient market in line with wider regional trends.

Attractive Yields, Property prices in Middlesbrough remain comparatively affordable, yet rising rents mean landlords can achieve strong gross yields that outperform many higher-priced southern markets.

Diverse Tenant Base, The town benefits from a broad tenant pool, including students from Teesside University, healthcare professionals at James Cook University Hospital, and commuters using strong transport links across the Tees Valley and beyond.

Relative Affordability, With average monthly rents at £672 Middlesbrough offers a balance of affordability and growth. For tenants, it remains accessible, while for investors, it combines sustainable rental income with long-term capital growth potential.

Middlesbrough Sales Market Snapshot

As of July 2025, the average house price in Middlesbrough is approximately £139,000, representing a 6.9% increase from July 2024.

📊 Key Sales Update – Middlesbrough

Average House Price 2025: £139,000

Average House Price 2024: £130,000

Year-on-Year Growth: 6.9%

What This Means

For buyers: Middlesbrough remains one of the more affordable towns in the UK property market. Year-on-year growth of 6.9% shows steady appreciation, making it a good time to secure value, especially in flats and terraced homes where prices are most accessible.

For sellers: Detached and semi-detached homes are driving much of the market uplift. Sellers in these segments are well-positioned to achieve strong buyer interest, particularly if properties are well presented and located near popular schools or transport links.

For renters and landlords: Rental demand continues to rise, creating a strong environment for landlords, with yields remaining attractive, particularly in the student and professional rental markets supported by Teesside University and James Cook University Hospital.

Buy-to-Let Appeal: The combination of affordable purchase prices and solid rental growth means gross yields in Middlesbrough are consistently in the high single digits, making it a strong contender for buy-to-let investors.

Targeted Opportunities: Neighbourhoods such as North Ormesby, Berwick Hills, and Thorntree offer some of the best affordability and potential for higher returns, with yields often trending above 8%, especially when landlords align purchase price with realistic rent expectations.

🚀 Why Now?

If you’re considering expanding your portfolio or getting into the market, now is a fantastic time to explore opportunities in Middlesbrough before prices climb further.