Property investment stats for Crook, North East

• The average rental yield of 6.1% is well above the national average, with the top district delivering up to 7.8%, offering strong income potential for landlords.
• The current median asking sale price for a 2-bedroom flat is £69,000, while the median rent is £450, creating an attractive entry point for buy-to-let investors.
• Properties are typically selling after just 43 days, which points to good liquidity and makes it easier for investors to exit when required.

• The area has a high social rented housing percentile at 85, which may limit the pool of private renters and affect demand for certain property types.
• The degree-educated and professional population is in the bottom 10th percentile, suggesting limited potential for high-end rental or owner-occupier demand.
• The unemployment rate is in the 75th percentile, which could impact tenant reliability and long-term capital growth.

Looking ahead, Crook’s affordability and solid rental yields should continue to underpin demand from investors seeking reliable returns. The capital growth over the past year (10.5%) and the annualised growth over three years (3.5%) both suggest that the area has momentum, though perhaps not at the pace of larger urban centres.

Liquidity remains strong, with properties spending just 43 days on the market, and the median achieved price sits at a discount of £2,725 (the typical achieved discount), which gives buyers some negotiating power. However, the demographic profile points to a market that may be more suited to value-focused investors than those chasing premium tenants or rapid gentrification. Overall, Crook offers a balanced mix of income and growth, but investors should be realistic about the area’s long-term prospects and tenant base.