Durham property prices

The average property price in Durham postcode area is £144k. The average price declined by £-1.9k (-1%) over the last twelve months. The price of an established property is £138k. The price of a newly built property is £232k. There were 3.4k property sales and sales dropped by 33.8% (-1.9k transactions). Most properties were sold in the £50k-£100k price range with 1070 (31.6%) properties sold, followed by £100k-£150k price range with 761 (22.5%) properties sold.

March 2020 - February 2021

Durham postcode area

England and Wales

£144k

average property price

£320k

average property price

-1%

average price percentage change

8%

average price percentage change

£-1.9k

average price change

£22.6k

average price change

Durham house prices map

This price map shows the average property price in a given postcode sector between March 2020 - February 2021. The most affordable place was 'DH9 7' with the average price of £55.6k. The most expensive place was 'DH1 3', £361k.

Durham house prices map

Durham house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between March 2020 - February 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Durham house prices compared to other areasAverage price percentage change
Average property price

Durham house price rank

With the average price of £144k, Durham is the 2. cheapest postcode area out of 105 England and Wales' postcode areas.

Durham house price rank

Durham property sales share by price range

shows a number of properties sold in a given price range between March 2020 - February 2021.

Durham property sales share by price range
Property price rangeMarket shareSales volumes
under £50k11.0%374
£50k-£100k31.6%1.1k
£100k-£150k22.5%761
£150k-£200k15.3%517
£200k-£250k7.5%254
£250k-£300k5.1%171
£300k-£400k4.2%141
£400k-£500k1.4%49
£500k-£750k1.2%41
£750k-£1M0.2%6
over £1M0.0%1

Durham cost comparison of new homes and older homes

March 2020 - February 2021

Durham cost comparison of new homes and older homes

£232k

A newly built property

£138k

An established property

Durham cost comparison of houses and flats

March 2020 - February 2021

Durham cost comparison of houses and flats

£257k

Detached

£99.1k

Flat

£135k

Semi-Detached

£93.0k

Terraced

Durham real house prices

Yearly average nominal house prices adjusted for inflation.

Durham real house prices

Durham house prices compared to England & Wales' house prices

Yearly average nominal prices

Durham house prices

Durham house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Durham house prices and nearby areas

Yearly average nominal prices

Durham house prices and nearby areas

Durham house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Durham house prices new vs established

Durham house prices by property type

Yearly average nominal prices

Durham house prices by property type

Durham house price to earnings ratio

The median property price to median earnings ratio in Durham is 4.3. Ie. Durham resident with middle-income needs 4.3 gross annual salaries to buy a medium-priced property. Resident in Durham needs 4.3 annual salaries. The England and Wales ratio was 7.7 in 2019.
Durham house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Durham4.3
England and Wales7.7

Other reports for Durham postcode area

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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