Property investment stats for Spennymoor, North East

• The average rental yield of 4.9% and a top district yield of 5.0% suggest income-focused investors can find attractive returns in select pockets.
• Entry prices are accessible, with the median sale price for a 3-bedroom house at £176,250 and a 2-bedroom flat at £170,000, making the area approachable for new investors.
• Properties typically sell within 41 days, indicating reasonable liquidity compared to many regional markets.

• Capital appreciation has been modest, with 1-year growth of 2.1% and 3-year annualised growth of 0.7%, which may not suit those seeking rapid gains.
• The area has a high proportion of social rented housing (in the 83rd percentile), which could affect the character of the rental market and limit private sector growth.
• The local population skews older and towards single-occupier households, which may influence future demand patterns and limit family rental growth.

Looking ahead, investors should expect stability rather than dramatic growth, given the capital growth over 1 year at 2.1% and annualised 3-year growth of 0.7%. The market's liquidity and affordability, with a median discount to asking price of £1,950 (the typical achieved discount) and a price-to-income ratio of 3.3, are likely to persist.

Rental yields are expected to remain competitive, especially in the best-performing districts, given the average yield of 4.9% and the top district's 5.0%. The local demographic profile suggests demand for smaller properties and rental units could be stable, but investors should not count on strong capital gains in the short term. Overall, Spennymoor is best suited for income-focused investors who value affordability and steady returns over speculative growth.