Stockton-on-Tees - 1,000 new jobs incoming, and what it means for landlords

Stockton-on-Tees' average house price is up 3.9% this year, while rent has grown faster, up 4.2%. Both are a little behind the North East as a whole, but the gap between rent and price growth still works in landlords' favour.

📊 The numbers

At £171,000, Stockton-on-Tees has the fourth highest average house price in the North East. Average rent of £735 a month is below the North East average of £783, but the gap between rent and price growth still points to improving yields. Here's how that plays out by property type.

💷 Buy-to-let snapshot by property type

Estimated gross yield, calculated from average price and average rent by property type. Excludes costs, fees, and void periods.

👀 One to watch: Teeslink

A 54-acre site in Stockton, roughly the size of 30 football pitches, is being transformed into Teeslink - a new industrial and logistics development bringing 775,000 square feet of business space to the borough. Rula Developments expect it to create around 1,000 new jobs, with the first buildings ready for businesses to move into later this year. Unlike a new housing scheme, this is a genuine demand driver - more jobs locally tends to mean more people needing somewhere to live nearby.

📍 What you can achieve across Stockton-on-Tees

Real rents vary meaningfully depending on where in the borough you buy. Here's what we're actually achieving, area by area:

From our own live lettings portfolio across the borough. Areas with fewer than 3 data points are excluded as too small a sample to be reliable.

🏠 Recent Stockton-on-Tees sale

2 Bed Semi-Detached House, Raleigh Road, Norton, Stockton-on-Tees — Offers over £79,950 — Sold STC. Less than half the borough's £165,000 semi-detached average. Sold tenanted at £595 pcm, below the £669 Norton average shown above, so there may have been room to push the rent further. Want to know if something similar comes up? Register for alerts

For more properties we're marketing across Stockton-on-Tees, visit nguhomes.co.uk.

Between the current yields and 1,000 new jobs on the way, Stockton-on-Tees is worth a proper look. If you'd like to talk through what that means for your portfolio, just reply and I'll go through the numbers with you.