Skip to main content

Middlesbrough property market

In Middlesbrough (North East) the average private rent is £707/month (ONS, May 2026) and the average house price is £139,005 (HM Land Registry, April 2026). That puts rent 49% below and house prices 49% below the UK average. The gross rental yield works out at 6.1%.

Average rent
£707/mo
+7.0% YoY
Average house price
£139,005
+0.4% 12m
Gross rental yield
6.1%
UK avg 6.1%
Price-to-rent
16.4
UK avg 16.3

Rent vs buy in Middlesbrough

The average home in Middlesbrough costs about 16.4 years of average rent (price-to-rent ratio 16.4), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.

Go deeper

Nearby areas in North East

Frequently asked questions

What is the average rent in Middlesbrough?
The average monthly private rent in Middlesbrough is £707, according to the ONS Price Index of Private Rents (May 2026), +7.0% over the past 12 months. The UK average is £1,383.
What is the average house price in Middlesbrough?
The average house price in Middlesbrough is £139,005 (HM Land Registry UK House Price Index, April 2026), +0.4% over 12 months. The UK average is £270,080.
What is the gross rental yield in Middlesbrough?
Dividing the average annual rent (£8,484) by the average house price (£139,005) gives a gross rental yield of 6.1% in Middlesbrough. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
Is it cheaper to rent or buy in Middlesbrough?
In Middlesbrough the average house price equals about 16.4 years of average rent (price-to-rent ratio 16.4). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.

Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.