Stockton-on-Tees

Area Guide For Stockton-on-Tees

Stockton-on-Tees is a market/business sector town in North East England. It is the significant settlement in the unitary power and precinct of Stockton-on-Tees. The town sits inside the formal area of County Durham, and the more extensive precinct has a populace of 191,000 in 2011 appraisals.

Stockton town focus is the primary focus inside the district. High Street, which is the most stretched out in the UK heads north through the town focus, from the intersection of Bridge Road and Yarm Lane, finingish at Maxwells Corner, where Norton Road and Bishopton Lane start. Dovecot Street runs west from the halfway purpose of High Street and further north, Church Road broadens east to Northshore and the River Tees. At the heart of High Street stand the town lobby, which dates from 1735 and the Georgian-style Shambles Market Hall. Around the town corridor, the biggest outside business sector in the north east of England, which has been in presence since the 1300s, is held each Wednesday and Saturday.

 
 

Stockton-on-Tees Map

Estimated Price: £147,815
Average Asking Price: £167,445
Price change in last one year: £5,618
Average Price Paid: £141,956
Average Rent Rates: £802

 
 

Property Prices Breakdown in Stockton-on-Tees

Average Price for property in Stockton-on-Tees is around £147,815 which varies based on type of property you are interested in and ranges from £221,856 for detached house to around £129,465 for semi-detached. Similarly terraced house is around £93,617 and a flat is worth £103,160. Values have been changing and have risen £235 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,619 in last 6 months, £5,618 in last 1 year, £12,593 in last 2 years, £14,961 in last 3 years, £10,798 in last 4 years and £7,480 in last 5 years.

Currently average asking price of a property in Stockton-on-Tees is around £167,445 based on approximately 1,762 properties for sale. Same is the case with rental options based on 263 properties up for rent, average asking rent is around £802 per month.

Estimated property value in Stockton-on-Tees is £147,815. Average asking price is £167,445 while average price paid is £146,889 which is up by £5,618 and Avg. asking rent £802.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Stockton-on-Tees area. In last 1 year alone average price buyer paid is around £146,889 based on approximately 1,762 sales in Stockton-on-Tees area alone. If you compare it to last 3 years sales of 5,494 properties where buyers paid around £143,247. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £141,956 for 8,894 and average amount paid for purchase of approx. 12,451 properties sold in last 7 years comes to about £142,393 per sale.

 
 

Properties For Sale in Stockton-on-Tees

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £76,414, £94,968 for a 2 bedroom house, £132,369 for a 3 bedroom house, £232,607 for a 4 bedroom house and £376,322 for a 5 bedroom house. For a flat similarly the prices varies from £81,566 for a single bedroom to £108,961 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £151,678 and £90,000 for a 4 bedroom flat. To sum up the asking prices for properties in Stockton-on-Tees it comes to around average £79,668 for 1 bedroom property, £98,228 for 2 bedroom, £132,597 for 3 bedroom, £231,856 for 4 bedroom and £376,322 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £337 for 1 bedroom to £474 for 2 bedroom, £533 for 3 bedroom and £666 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £363. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £483 and £368 for 3 bedroom. You should be generally be expecting around average £357 rent per month for single bedroom property, £480 for 2 bedroom, £518 for 3 bedroom and approximately £666 for 4 bedroom property in Stockton-on-Tees area.

Popular Houses in Stockton-on-Tees

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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