Property investment stats for Thornaby-on-Tees, North East

• The average rental yield of 7.1% is attractive for buy-to-let investors, especially given the relatively low median price per square foot of £146 per sq ft.
• Capital values have increased by 9.4% over the past year, suggesting recent momentum in the market.
• The area is in the 71st percentile for private rented housing, indicating a strong base of renters.

• The unemployment rate is in the 93rd percentile, which is among the highest in Britain and could impact tenant reliability or demand.
• The degree-educated population is in the 10th percentile, and professionals and managers are in the 6th percentile, suggesting a less affluent tenant base.
• Social rented housing is in the 85th percentile, so competition from subsidised rental options may affect private rents.

Looking ahead, Thornaby-on-Tees is likely to remain attractive to investors seeking value and yield. The combination of affordable asking prices for both 3-bedroom houses (£130,000) and 2-bedroom flats (£67,500), alongside rents of £688 and £650 respectively, should continue to underpin solid returns.

However, the high unemployment rate and lower levels of professional employment could temper longer-term capital growth. Rental demand seems secure for now, given the high proportion of private renters and single occupiers, but investors should keep an eye on broader economic trends in the area. Overall, I see Thornaby-on-Tees as a spot where value-driven investors can find opportunity, as long as they remain mindful of the risks.