Housing Market in County Durham

Area selected: County Durham

County Durham

Average property price

£147,401

View trend

Price growth

-5.4%

View trend

Number of sales

5,261

View trend

Area type

Unitary Authority

Population

521,346

Average detached price

£272,736

Average semi-detached price

£137,466

Average terraced price

£100,049

Average flat price

£106,708

Property Prices in County Durham

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.

Average house and flat prices in County Durham

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.

Compared to England's figures

County Durham's average property price of £147,401 is £194,896 lower than the £342,297 average property price in England. County Durham is the 56th unitary authority (of 59 total) when ordered by average property price.
County Durham's average property price growth rate of -5.4% is 0.3% lower than the -5.1% average price growth rate for England. County Durham is the 49th unitary authority (of 59 total) when ordered by property price growth rate.

Price trends for small areas may be less statistically significant due to small sample sizes.

House and flat price trends in County Durham

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.

Types of property in County Durham

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.

Detached houses: 1,347 properties sold or 25.6%
Semi-detached houses: 2,147 properties sold or 40.8%
Terraced houses: 3,068 properties sold or 58.3%
Flats: 245 properties sold or 4.7%

New build properties in County Durham

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).

Average rent

£539

Rental Market of County Durham

Crime rate (per 1,000 people)

9,157

County Durham Crime

Population

521,346

County Durham population