OFFICIAL DATA#101 OF 313 FOR YIELD

Rental yield in Redcar and Cleveland

A typical rental in Redcar and Cleveland grosses 4.7% a year: the official average rent of £643 a month (ONS) against a £165,000 median sold price (HM Land Registry, 2,225 sales over two years). That ranks #101 of 313 districts we can compute, against a national median of 4.4%. Whole-market averages before any costs, not a valuation of any one property.

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Gross yield
4.7%
Avg rent
£643
Median sold
£165,000
2-bed rent
£608
Rents, 5 yrs
+30.2%
Entry prices by postcode area
TS14313 sales+17% vs district£193,500TS11219 sales+9% vs district£180,000TS12404 sales+7% vs district£176,750TS10553 sales-1% vs district£163,500TS6474 sales-12% vs district£145,000TS13156 sales-21% vs district£129,750
Median sold prices over the last two years, HM Land Registry. Cheaper pockets usually push the yield above the district average, though rents vary street by street too.
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Similar yields elsewhere
Bolsover · 4.7%Swindon · 4.7%Wakefield · 4.7%Slough · 4.7%Milton Keynes · 4.7%North Northamptonshire · 4.6%All 313 districts →
Gross yield = official average rent (ONS Price Index of Private Rents, July 2026) × 12 ÷ median sold price (HM Land Registry Price Paid Data). Whole-market averages before mortgage, letting and running costs; individual homes vary widely. Research figures, not financial or investment advice.