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Housing Market in North East England

Area selected: North East England
  • England and Wales
  • England
  • North East
  • County Durham
  • Darlington
  • Hartlepool
  • Middlesbrough
  • Northumberland
  • Redcar and Cleveland
  • Stockton-on-Tees
  • Tyne and Wear
Home
Average property price
£173,231

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Stats Chart
Price growth
-8.1%

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Pricetags
Number of sales
25,903

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Property prices
Price growth
Number of sales
Area type
Region
Population
2,646,772
Average detached price
£307,427
Average semi-detached price
£165,213
Average terraced price
£129,990
Average flat price
£115,135

Property Prices in North East England

The average property price paid in North East England is £173,231 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 North East England fell by £15,203. Compare house prices by area

Average property prices in North East England fell by 8.1% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 2.5% per year.

If prices in North East England continue to rise by 2.5% a year, the average property price will be £191,027 in 2025.

The most expensive property prices in North East England are found in Northumberland, and the cheapest property prices are found in Hartlepool.

There were 25,903 property sales in North East England in the year ending June 2022, a decrease of 7,764 when compared to the previous year.

Average house and flat prices in North East England

The average price for a house in North East England ranges from £129,990 for a terraced house to £307,427 for a detached house, with semi-detached in between costing on average £165,213.

The average price for a flat or maisonette in North East England is £115,135.

Compared to England's figures

  • North East England's average property price of £173,231 is £169,066 lower than the £342,297 average property price in England. North East England is the 9th region (of 9 total) when ordered by average property price.
  • North East England's average property price growth rate of -8.1% is 3.0% lower than the -5.1% average price growth rate for England. North East England is the 9th region (of 9 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 North East England

Of the property types in North East England, 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 35.4% from £227,073 to £307,427, semi-detached house prices have risen 28.2% from £128,862 to £165,213, terraced house prices have risen 22.1% from £106,459 to £129,990, and flat prices have risen 16.0% from £99,222 to £115,135.

Types of property in North East England

The most common type of property sold in North East England during the year ending June 2022 was terraced houses, which accounted for 45.8% of properties.

The least commonly available type of property sold in North East England were flats, which account for 13.3% of properties sold.

  • Detached houses: 5,401 properties sold or 20.9%
  • Semi-detached houses: 11,213 properties sold or 43.3%
  • Terraced houses: 11,857 properties sold or 45.8%
  • Flats: 3,447 properties sold or 13.3%

New build properties in North East England

Of the properties sold in North East England during 2022, 1.8% were new build properties.

The average premium for a new build property in North East England was £157,858 higher than the average price paid for an existing property.

Of the new build properties sold, the most common type was detached houses (62% of new build properties sold). For existing properties, the most common type is terraced houses (37% of existing properties sold).

Home
Average rent
£591

Rental Market of North East England Arrow Forward

Stats Chart
Crime rate (per 1,000 people)
10,257

North East England Crime Arrow Forward

People
Population
2,646,772

North East England population Arrow Forward

House and flat price bands in North East England

The most common price band for property sales in North East England is £100k - £150k, which accounted for 18.1% of properties sold in 2022.

0.2% of properties in North East England had a price over £1 million. For comparison, in England, 1.7% of property sales were priced at over £1 million.

The cheapest properties in North East England were in the under £50k price bracket, accounting for 9.8% of sales.

Cheapest house prices in North East England

The cheapest property prices in North East England are found in Hartlepool, where the average cost of a property is £146,562. Between the years ending June 2021 and June 2022, property prices have changed by -13.3% in Hartlepool (compared to -8.1% in North East England)

Rank
Area
Average property price
YoY change in price
1 Hartlepool
Unitary Authority
£146,562 -13.3%
2 County Durham
Unitary Authority
£147,401 -5.4%
3 Middlesbrough
Unitary Authority
£149,800 -5.7%
4 Redcar and Cleveland
Unitary Authority
£158,436 0.7%
5 Darlington
Unitary Authority
£167,854 -10.3%
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Most expensive house prices in North East England

The most expensive property prices in North East England are found in Northumberland, where the average property price is £220,178. Between the years ending June 2021 and June 2022, property prices have changed by -9.2% in Northumberland (compared to -8.1% in North East England)

Rank
Area
Average Property Price
YoY CHANGE in PRICE
1 Northumberland
Unitary Authority
£220,178 -9.2%
2 Tyne and Wear
Metropolitan County
£180,388 -7.4%
3 Stockton-on-Tees
Unitary Authority
£172,957 -8.5%
4 Darlington
Unitary Authority
£167,854 -10.3%
5 Redcar and Cleveland
Unitary Authority
£158,436 0.7%
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Discover more

Areas near North East England

Region
East Midlands
average house price £258,636
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Region
South East
average house price £441,486
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Region
East
average house price £383,434
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Region
London
average house price £665,553
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Region
West Midlands
average house price £270,302
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Region
North West
average house price £235,831
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Region
Yorkshire and the Humber
average house price £229,791
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Region
South West
average house price £345,242
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Areas in North East England

Local Authority
County Durham
average house price £155,840
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Local Authority
Darlington
average house price £187,141
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Local Authority
Middlesbrough
average house price £158,808
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Local Authority
Redcar and Cleveland
average house price £157,362
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Local Authority
Stockton-on-Tees
average house price £189,097
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Local Authority
Northumberland
average house price £242,500
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County
Tyne and Wear
average house price £194,849
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Local Authority
Hartlepool
average house price £169,038
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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 2022. Data sources: ONS Local statistics

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