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The average property value in Hartlepool is £148,752 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Hartlepool grew by £641. Compare house prices by area
Average property prices in Hartlepool grew by 0.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 1.7% per year.
If prices in Hartlepool continue to rise by 1.7% a year, the average property price will be £159,384 in 2025.
There were 1,193 property sales in Hartlepool in the year ending June 2021, an increase of 167 when compared to the previous year.
The average price for a house in Hartlepool ranges from £77,133 for a terraced house to £253,699 for a detached house, with semi-detached in between costing on average £136,909.
The average price for a flat or maisonette in Hartlepool is £91,543.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Hartlepool, semi-detached house prices have risen the most between the years ending 2011 and 2021, and terraced house prices have grown the least.
Detached house prices have risen 13.6% from £223,397 to £253,699, semi-detached house prices have risen 16.5% from £117,557 to £136,909, terraced house prices have fallen 5.2% from £81,366 to £77,133, and flat prices have fallen 1.7% from £93,127 to £91,543.
The most common type of property sold in Hartlepool during the year ending June 2021 was terraced houses, which accounted for 35.8% of properties.
The least commonly available type of property sold in Hartlepool were flats, which account for 3.8% of properties sold.
Of the properties sold in Hartlepool during 2021, 1.8% were new build properties.
The average price paid for a new build property in Hartlepool was £195,250 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (79% of new build properties sold). For existing properties, the most common type is terraced houses (36% of existing properties sold).
Rental Market of Hartlepool
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The most common price band for property sales in Hartlepool is £50k - £100k, which accounted for 19.7% of properties sold in 2021.
The cheapest properties in Hartlepool were in the under £50k price bracket, accounting for 5.6% of sales.
Rank | Area | Average property price | YoY change in price |
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Rank | Area | Average Property Price | YoY CHANGE in PRICE |
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics