Reeds Rains Stockton on Tees Local Area Guide

How is the Stockton on Tees property market performing?

Reeds Rains for sale

Average property price in Stockton on Tees

£162,046
-1.0%
Last 5 years
Based on the Land Registry data for properties sold within the postcodes that Reeds Rains Stockton on Tees covers.
Reeds Rains to let

Average rental price in Stockton on Tees

£698
pcm
+19.1%
Last 12 months
+35.4%
Last 5 years
Based on the advertised rental prices for properties to rent by Reeds Rains Stockton on Tees in the last 12 months from today's date.

The historic high street of Stockon on Tees is the widest in the UK has recently benefited from multi-million pound redevelopment and is now seeing many more businesses, shoppers and revellers attracted back to Stockton town centre.

Now, a new road layout, increased parking and a new short-stay car park is being built to make it easier for people travelling into the town. Work is under way to develop the north bank of the River Tees in Stockton with the £300 million North shore scheme, which will include new offices, leisure facilities, housing, a 150-bedroom hotel and a new campus for Durham University.

Since the construction of the Tees Barrage in 1995, the level of the River Tees through the town is permanently held at high tide, creating a pretty back drop for riverside events and making it useful for a number of activities. Adrenaline junkies will love the Tees Barrage International White Water Centre which offers various types of exhilarating activities such as white water rafting, white water kayaking and power-boating. The town centre also benefits from one of Europe’s largest free open air festivals, the Stockton International Riverside Festival (SIRF), which takes over the town once a year. Spread over a five-day period, it attracts over 250,000 visitors and features a variety of acts from a circus, comedy, music, dance and street theatre. Additionally, the Stockton Weekender Festival - an independently produced music event - brings thousands of pop and rock music fans into town each summer.

An upturn in activity has seen the housing market rally over recent years, however supply still outweighs demand which is keeping a bit of a lid on house prices in most parts of Stockton. This is great news for prospective buyers meaning they can still grab a great buy. Most of the sales in Stockton-On-Tees over the past year were semi-detached properties which on average sold for £121,431. Terraced properties had an average sold price of £89,720 and detached properties averaged at £200,384. 

With a rich heritage of ship building and industry, Stockton on Tees residents were famed for being hard working, straight talking, extremely friendly, warm and typically working class. Nowadays, Stockton on Tees residents are varied to say the least,  from overseas students attending Durham Universities Stockton Campus to Dragons Den Entrepreneur Duncan Bannatyne. The very pretty and fashionable Yarm High Street which is not far from Stockton attracts people and more wealth to the area with its high class restaurants, boutiques, great night life and outstanding schools. 

1822 witnessed an event which changed the face of the world forever and heralded the dawn of a new era in trade, industry and travel. The first rail of George Stephenson's Stockton and Darlington Railway was laid near St. John's crossing on Bridge Road. Arguably one of Stocktons most famous sons was local chemist John Walker who invented the friction match in his shop at 59 High Street in 1827. Another famous former resident of Stockton on Tees is ‘Gladiators’ director and producer Ridley Scott. The Globe Theatre on the high street is due to re-open soon following a lengthy, careful restoration project. The Grade II listed theatre built in 1936 on the same site as two previous theatres, it has hosted many famous acts such as Buddy Holly, The Rolling Stones, Cliff Richard and The Shadows, Cilla Black and Chuck Berry. The Beatles famously played the Globe on Friday 22 November 1963, the day U. S. President John F. Kennedy was assassinated.

Matthew Hunt, Sales Negotiator at Reeds Rains Stockton branch says “perhaps I am a little biased but Stockton is a great place to live, work and socialise. It’s safe, clean and ultra-friendly. I like the masses of open spaces, the lack of congestion and the fact that 20 minutes in any direction will see you either at stunning coastline, the iconic Durham City Centre or the North Yorkshire Country Parks”.

With a hugely varied and eclectic mix of property, Stockton Borough has properties to suit every taste, style and pocket ranging from traditional two up/two down terraced houses to imposing 17th Century town houses lining Norton or Yarm High Streets or to ultra-modern sustainable homes on Ingleby Barwick, the largest modern housing development in the UK.

The Borough of Stockton is considerably larger than may first be expected.  As well as covering Stockton town centre and its suburbs, we successfully handle property sales in Thornaby, Norton, Yarm and Billingham. Nearby villages of Hartburn, Carlton, Redmarshall and Thorpe Thewles are well within our catchment area also.  A typical two bedroom terraced house in the centre of Stockton can sell for as little as £40,000 making them very attractive indeed to landlords and investor. A more discerning buyer may choose an Edwardian villa in Yarm for £500,000.

Arguably the most popular locations for house hunters is Norton with its pretty village green, tree lined high street and duck pond and by contrast Ingleby Barwick, the UKs largest modern housing development with properties to suit all pockets ranging from two bedroom starter homes to six bedroom detached family houses.  The exclusive gated community of Wynyard with its £1,000,000 plus mansions is still hugely sought after amongst the North Easts movers, shakers and Premier League football stars.

Once again, Ingleby Barwick and Norton seem to top the list of favourite locations to rent around Stockton. £500 a month could see you rent a modern two bedroom semi in Ingleby Barwick and £800 a rather more substantial town house in Norton. Students attending Durham University Stockton Campus are also very well catered for with purpose built student flats on the banks of the Tees to private lets on the Teesdale development.

Teesside Retail Park is easily accessible having all the shops and leisure facilities that you could ever need including Marks and Spencer, Next, Laura Ashley, a cinema, a casino and numerous restaurants.

Stockton-on-Tees has a local gym and leisure centre with swimming pool in the Town Centre and there any many other gyms across the town including a David Lloyd.

Road links via the A66 and A19 ensure commuting throughout the North-East is easy. The town has its own railway station linking to the main East of England route at Darlington. Enjoy the many green spaces including the fabulous Ropner Park.