Residential dwellings
11,357
Addressable residential units in the area (OS AddressBase).
TS12 rents and yields
Asking rent £739/month · Gross yield 4.7% · 12 months, listings to Sep 2026
What is TS12?
TS12: residential dwellings 11,357.
HMO-shaped dwellings
0.1%
TS12 ranks 2nd of 6 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 10,478
- Mixed-use buildings
- 1.3%
- HMO-shaped units
- 5.0%
- EPC A or B
- 8.8%
- EPC D or worse
- 59%
What does TS12 earn?
TS12: asking rent £739/month (12 months to Sep 2026, 120 lets).
Asking rent
£739/month 12 months to Sep 2026
120 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 120 lets.
Gross yield, asking basis
4.7% 12 months to Sep 2026
187 lets
+1.8% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 187 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
51 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does TS12 vary by home size?
Asking rent in TS12 runs from £680/month for 1 bedroom to £743/month for 2 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £680/month | 12 months to Sep 2026 · 6 of 12 months observed | — | 35 |
| 2 bedrooms | £743/month | 12 months to Sep 2026 · 7 of 12 months observed | — | 64 |
| 3 bedrooms | Not published | — | — | — |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns TS12?
Corporate landlords hold 80% of the 458 units in TS12 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords80% of classified · 367 units
- Housing associations14% of classified · 62 units
- Individuals (not traceable in bulk)3.5% of classified · 16 units
- RMC2.8% of classified · 13 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does TS12 rank?
TS12 ranks 4th of 5 postcode districts in Redcar and Cleveland for asking rent, at £739/month.
Asking rent · postcode districts in Redcar and Cleveland
TS12 ranks 4th of 5 postcode districts in Redcar and Cleveland for asking rent, at £739/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | TS7 | £880/month | 12 months to Sep 2026 · from monthly figures | 128 | measured |
| 2 | TS10 | £814/month | 12 months to Sep 2026 · from monthly figures | 210 | measured |
| 3 | TS14 | £788/month | 12 months to Sep 2026 · from monthly figures | 81 | indicative |
| 4 | TS12 | £739/month | 12 months to Sep 2026 · from monthly figures | 120 | measured |
| 5 | TS6 | £721/month | 12 months to Sep 2026 · from monthly figures | 269 | measured |
Full table: asking rent across postcode districts in Redcar and Cleveland
Gross yield, asking basis · postcode districts in Redcar and Cleveland
TS12 ranks 3rd of 5 postcode districts in Redcar and Cleveland for gross yield, asking basis, at 4.7%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | TS6 | 5.8% | 12 months to Sep 2026 · from monthly figures | 350 | measured |
| 2 | TS10 | 5.5% | 12 months to Sep 2026 · from monthly figures | 277 | measured |
| 3 | TS12 | 4.7% | 12 months to Sep 2026 · from monthly figures | 187 | measured |
| 4 | TS14 | 4.1% | 12 months to Sep 2026 · from monthly figures · 11 of 12 months observed | 112 | measured |
| 5 | TS7 | 3.6% | 12 months to Sep 2026 · from monthly figures | 172 | measured |
Full table: gross yield, asking basis across postcode districts in Redcar and Cleveland
Where next from TS12?
- Redcar and ClevelandThe wider market this area sits in.
- TS10Neighbouring postcode district · Asking £1,972/m² · Sep 2026
- TS11Neighbouring postcode district · Asking £1,846/m² · Sep 2026
- TS14Neighbouring postcode district · Asking £2,899/m² · Sep 2026
- TS6Neighbouring postcode district · Asking £1,556/m² · Sep 2026
- TS7Neighbouring postcode district · Asking £2,427/m² · Sep 2026
- TS13Next door, in another authority · Asking £1,896/m² · Sep 2026
- YO21Next door, in another authority · Asking £2,849/m² · Sep 2026
Questions about TS12
- What is the average rent in TS12?
- Homes to let in TS12 asked a median £739/month over the 12 months to Sep 2026, 120 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in TS12?
- 4.7% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 187 lets. +1.8% on the previous 12 months.
- What kind of homes are in TS12?
- TS12 has 11,357 homes, 0.1% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about TS12
- Property values in TS12Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in TS12Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in TS12What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in TS12What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in TS12Registered completions from Price Paid, newest first.
- Planning applications in TS12What was proposed, who decided it and whether it was approved.
- Estate agents in TS12Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 120 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 187 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |