Is it profitable to do Airbnb in County Durham, The United Kingdom?
What is the occupancy rate of Airbnb in County Durham, The United Kingdom?
What is the average daily rate of Airbnb in County Durham, The United Kingdom?
The United Kingdom / County Durham
County Durham, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in County Durham is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of £100. In 2023, a typical host income (annual revenue) was £21K. As of 12th September, 2024, there are 1,099 active Airbnb listings.
Average Revenue: £21K/yr
Occupancy Rate
61%
Avg Daily Rate
£100
Mid Scale
No. of Listings
1,445
Medium
YoY Revenue Change
1.06%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,279
Average
£1,821
High
£2,488
Is Airbnb Profitable in County Durham?
Yes, there is good short-term rental demand. A 61% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in County Durham
Short-term rental regulation is lenient in County Durham. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
We made a guide on things you need to know before starting an Airbnb in The United Kingdom, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in County Durham
A typical listing recorded a 61% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 6.58% of the guests are international guests, and visitors from United kingdom is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 61%
1,099 Active Listings
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Explore County Durham's Airbnb Data ⟶
Best Areas in County Durham for Airbnb
Are you wondering where to invest in County Durham? Look no further!
- Durham Cathedral
- Beamish Museum
- High Force Waterfall
- Raby Castle
- Barnard Castle
- Hamsterley Forest
- Killhope Lead Mining Museum
- The Bowes Museum
- Hardwick Park
- Finchale Priory
Top demand Airbnb in County Durham
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,099 listings.
See 1,099 listing Statistics
Professional Short-term rental property managers in County Durham
We've compiled a list of host profiles that manage the most Airbnb properties in County Durham. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in County Durham
Here is a breakdown of short-let properties in County Durham. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type