The average property price paid in Northumberland is £220,178 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 Northumberland fell by £22,322. Compare house prices by area
Average property prices in Northumberland fell by 9.2% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 2.9% per year.
If prices in Northumberland continue to rise by 2.9% a year, the average property price will be £247,292 in 2025.
There were 3,504 property sales in Northumberland in the year ending June 2022, a decrease of 1,261 when compared to the previous year.
The average price for a house in Northumberland ranges from £148,621 for a terraced house to £392,939 for a detached house, with semi-detached in between costing on average £183,509.
The average price for a flat or maisonette in Northumberland is £120,402.
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 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 45.7% from £269,708 to £392,939, semi-detached house prices have risen 28.6% from £142,748 to £183,509, terraced house prices have risen 22.5% from £121,305 to £148,621, and flat prices have risen 11.7% from £107,822 to £120,402.
The most common type of property sold in Northumberland during the year ending June 2022 was terraced houses, which accounted for 39.5% of properties.
The least commonly available type of property sold in Northumberland were flats, which account for 12.3% of properties sold.
Of the properties sold in Northumberland during 2022, 2.9% were new build properties.
The average premium for a new build property in Northumberland was £144,116 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (72% of new build properties sold). For existing properties, the most common type is terraced houses (34% of existing properties sold).
The most common price band for property sales in Northumberland is £100k - £150k, which accounted for 20.3% of properties sold in 2022.
0.7% of properties in Northumberland 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 Northumberland were in the under £50k price bracket, accounting for 2.0% 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