Property costs

From residential housing to commercial premises

Tees Valley has one of the lowest operating costs in the UK, with rents and rates about quarter that of most major UK cities and a half of those you’ll find in London and the South East.

Prime industrial rents are also around half the cost of the South East and 25% more affordable than those in the North West or Midlands, according to real estate experts.

According to the Office of National Statistics’ House Price Index 2014, house prices in the Tees Valley are: