The average property value in Northumberland is £236,210 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 Northumberland grew by £31,649. Compare house prices by area
Average property prices in Northumberland grew by 15.5% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.9% per year.
If prices in Northumberland continue to rise by 2.9% a year, the average property price will be £264,751 in 2025.
There were 4,765 property sales in Northumberland in the year ending June 2021, an increase of 196 when compared to the previous year.
The average price for a house in Northumberland ranges from £155,202 for a terraced house to £370,541 for a detached house, with semi-detached in between costing on average £180,426.
The average price for a flat or maisonette in Northumberland is £117,418.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Northumberland, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 27.6% from £290,502 to £370,541, semi-detached house prices have risen 16.6% from £154,730 to £180,426, terraced house prices have risen 23.1% from £126,076 to £155,202, and flat prices have risen 0.5% from £116,798 to £117,418.
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The most common type of property sold in Northumberland during the year ending June 2021 was detached houses, which accounted for 35.5% of properties.
The least commonly available type of property sold in Northumberland were flats, which account for 7.1% of properties sold.
Of the properties sold in Northumberland during 2021, 2.6% were new build properties.
The average price paid for a new build property in Northumberland was £74,356 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (69% of new build properties sold). For existing properties, the most common type is detached houses (33% of existing properties sold).
The most common price band for property sales in Northumberland is £100k - £150k, which accounted for 13.2% of properties sold in 2021.
0.6% of properties in Northumberland had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Northumberland were in the under £50k price bracket, accounting for 1.6% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
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