The price of a newly built property is £248k in Durham postcode area. The price increased by £28.5k (13%) over the last twelve months. The price of an established property is £152k. There were 177 sales of newly build properties. Most new properties were sold in the £200k-£250k price range with 51 (28.8%) properties sold, followed by £300k-£400k price range with 41 (23.2%) properties sold. Most new homes were sold in DH2 1, with 24 sold to date from December 2023 - November 2024.
December 2023 - November 2024 | Durham postcode area | England & Wales |
---|---|---|
Average price of a new home | £248k | £377k |
Average price change | 13% £28.5k | -5% £-20.2k |
December 2023 - November 2024
New or established | Average price |
---|---|
█ A newly built property | £248k |
█ An established property | £152k |
December 2023 - November 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between December 2023 - November 2024. See also Durham property sales reports.
Property price range | Market share | Sales volume |
---|---|---|
█ under £50k | 1.1% | 2 |
█ £50k-£100k | 2.8% | 5 |
█ £100k-£150k | 5.1% | 9 |
█ £150k-£200k | 22.0% | 39 |
█ £200k-£250k | 28.8% | 51 |
█ £250k-£300k | 13.0% | 23 |
█ £300k-£400k | 23.2% | 41 |
█ £400k-£500k | 2.3% | 4 |
█ £500k-£750k | 1.7% | 3 |
December 2023 - November 2024
December 2023 - November 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year