A great place to live
Wynyard, often referred to as Teesside’s “Millionaire’s Row,” has more £1 million property sales than anywhere else in the region. Between April 2023 and March 2024, over 14,000 houses across England and Wales sold for over £1 million. Nearly half of these high-value properties, 49%, were in London.
However, Teesside also saw significant activity in the luxury housing market, with five properties sold for over £1 million in the past year. Notably, four of these were in Wynyard, and one was in Stainton.
At Anthony Jones Properties, we love Wynyard homes and you do too. Whenever we share a walkthrough video clip of a Wynyard home on our social media, the numbers are through the roof. (Not of the property, thankfully!) If you want to walk with us inside some of the greatest homes in the area, follow us on Facebook or Instagram.
Significant Sales in Wynyard
- Wellington Drive: The most expensive property sold for £1.4 million on 14th July 2023.
- Wynyard Woods: This home was purchased for £1,315,000 on 6th April 2023.
- Duke of Wellington Gardens: Sold for £1,243,478 on 16th May 2023.
- The Wynd: This property changed hands for £1,100,000 on 29th August 2023.
- Outside Wynyard, Thornton Bridge Farm in Stainton sold for £1,125,000 on 26th February 2024.
Why This Matters to Wynyard Homeowners
The high number of million-pound property sales in Wynyard highlights the area’s desirability and its status as a prime location for luxury homes. This trend can have several positive implications for local homeowners:
Increased Property Values: The prevalence of high-value sales can boost the overall property values in Wynyard, benefiting homeowners looking to sell.
Enhanced Prestige: Being part of a sought-after area known for its luxury homes can enhance the prestige and appeal of living in Wynyard.
Market Stability: High-value sales often indicate a stable and thriving property market, providing confidence to current and prospective homeowners.
Wynyard and Surrounding Areas: Property Market Overview
TS22 Postcode Area: Covering Billingham, Wolviston, and Wynyard, this area has the highest average property price in the region at £374,815.
Yarm and Kirklevington (TS15): Average property prices here are £324,182.
Eaglescliffe, Egglescliffe, and Aislaby (TS16): The average price is £263,814.
In stark contrast, Middlesbrough is one of the cheapest places to buy a house in England and Wales. Homes in the TS1 postcode area sold for an average of £69,874 in the year to the end of March. Other nearby areas also have relatively low averages:
- TS2 (Middlehaven and Port Clarence): £45,667 (with only three sales all year)
- TS3 (East Middlesbrough): £85,809
- TS6: £130,919
Implications for Homeowners
For homeowners in Wynyard, these figures underscore the area’s standing as a premier residential location. The high average property values and the presence of million-pound sales can provide reassurance about the investment potential and stability of the local housing market. Additionally, living in a prestigious area like Wynyard can offer enhanced lifestyle benefits and community amenities.
Wynyard’s status as Teesside’s “Millionaire’s Row” reflects its attractiveness and value within the regional property market. This positive trend is likely to continue, providing numerous benefits to current and prospective homeowners in the area.
We are here to help you move in and around Wynyard
If you are looking for help with any matter of the Wynyard property market, it is best to speak to property professionals. No one knows for sure what is going to happen next, so we won’t claim to have all the answers, but the Anthony Jones team is keen to help you as best we can. If you would like to contact us over housing matters, please call us today on 01740 807107.
