Property investment stats for Billingham, North East

• The average rental yield is notably strong at 6.7%, with the top-performing postcode district delivering an identical figure of 6.7%.
• The median asking price for a three-bedroom house is £148,500, while two-bedroom flats are listed at £77,500, which may appeal to both first-time buyers and investors seeking lower entry points.
• The area’s price-to-income and rent-to-income ratios suggest that both purchase and rental affordability are well balanced, supporting sustained demand.

• The proportion of degree-educated residents and professionals is in the lower percentiles, which could limit the pace of future price growth if the local economy does not diversify.
• The area has a relatively high proportion of older residents, with the population aged 60+ in the 69th percentile, which may affect long-term demand dynamics.
• The achieved prices are coming in below asking, with a median discount of £2,000 (the typical achieved discount), which could indicate that sellers are having to compromise on price.

Billingham’s fundamentals remain solid, with affordability and rental yields both offering reasons for optimism over the next year. Capital values have changed by 4.7% in the past twelve months, and the three-year annualised figure of 3.5% suggests steady, if unspectacular, growth.

The market is liquid, with properties selling in an average of 43 days, and the volume of annual sales at 389 points to a steady stream of transactions. Rental demand should remain resilient, given the current balance of affordability and yield. Investors should keep an eye on demographic shifts and the local jobs market, but the outlook for income-focused buyers is stable and positive.