The average property price paid in County Durham is £147,401 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in County Durham fell by £8,439. Compare house prices by area
Average property prices in County Durham fell by 5.4% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 2.1% per year.
If prices in County Durham continue to rise by 2.1% a year, the average property price will be £160,201 in 2025.
There were 5,261 property sales in County Durham in the year ending June 2022, a decrease of 1,575 when compared to the previous year.
The average price for a house in County Durham ranges from £100,049 for a terraced house to £272,736 for a detached house, with semi-detached in between costing on average £137,466.
The average price for a flat or maisonette in County Durham is £106,708.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in County Durham, detached house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 37.4% from £198,499 to £272,736, semi-detached house prices have risen 25.3% from £109,673 to £137,466, terraced house prices have risen 16.1% from £86,168 to £100,049, and flat prices have risen 12.6% from £94,768 to £106,708.
The most common type of property sold in County Durham during the year ending June 2022 was terraced houses, which accounted for 58.3% of properties.
The least commonly available type of property sold in County Durham were flats, which account for 4.7% of properties sold.
Of the properties sold in County Durham during 2022, 0.9% were new build properties.
The average premium for a new build property in County Durham was £107,573 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (75% of new build properties sold). For existing properties, the most common type is terraced houses (44% of existing properties sold).
The most common price band for property sales in County Durham is £100k - £150k, which accounted for 15.6% of properties sold in 2022.
The cheapest properties in County Durham were in the under £50k price bracket, accounting for 10.4% 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 2022. Data sources: ONS Local statistics