Property Market Update Stockton-on-Tees

Stockton-on-Tees continues to outperform the national market for sales.  Over the last 12 months prices have increased by 3% vs the national average of 2%.

The biggest driver of growth in Stockton though is the rental market.  It's up 7.3% over the past year vs 5.8% nationally.  As you can see TS19 has seen large growth over the last 12 months, over 10% in most areas, and we can see that with properties we've currently rented.

Hardwick, TS19

Westerton Green, TS19: This 3-bedroom terraced house is delivering an impressive 10% yield, with a current valuation of £85,000. Back in 2020, it was rented for £400pcm, but in 2024, it has seen remarkable growth, now renting for £695pcm, showcasing significant rental appreciation.

Repton Avenue, TS19: This 3-bedroom semi-detached house offers a solid 9% yield, with a current valuation of approximately £100,000. In 2020, it generated £500pcm in rent, but by 2024, rental values had increased to £725pcm, reflecting impressive growth in the market.

Billingham, TS23

Knole Road, TS23: This 3-bedroom semi-detached house boasts an impressive 10% yield, valued at £85,000, and was sold within just 17 days— far surpassing Rightmove’s national average of 60 days! With an achievable rent of £725pcm (2024), this marks a significant rise from the £500pcm it generated in 2020, reflecting substantial rental growth in the area.

 NGU Homes has a proven track record of successful lets and sales in the Stockton area. Our expertise in the local market means we know how to attract the right tenants and buyers and get the best possible price for your property. If you're considering renting your home or even selling, let us put our experience to work for you. Choose NGU Homes for a smooth, successful journey from start to finish.