County Durham Property Market 2015

Story Highlights

  • County Durham had total Property Sales of £1.1 billion in 2015
  • The total number of properties sold in year 2015 was 8216
  • The Average property price was £135 K, while Median was £103 K
  • Not New Property contributed 85.76% by value and New Property 14.24% by value

 

County Durham has unitary authority status in North East England.

Total Sales By Property Type

County Durham - Total Sales By Property Type

County Durham had total property sales of £1.1 billion, which was 16.31% of the North East Property Market 2015.

The split across the different property types was:

  • Detached at £400 millions (36.12%)
  • Terraced at £298 millions (26.93%)
  • Semi-Detached at £269 millions (24.32%)
  • Other at £115 millions (10.37%)
  • Flat/Maisonette at £25 millions (2.26%)

 

 

Total No Of Properties Sold By Property Type

County Durham - Total No Of Properties Sold By Property Type

 

In County Durham the total number of properties sold in year 2015 was 8216. The breakdown by different property types are:

  • Terraced 3559 (43.32%)
  • Semi-Detached 2352 (28.63%)
  • Detached 1897 (23.09%)
  • Flat/Maisonette  272 (3.31%)
  • Other 136 (1.66%)

 

 

 

Average & Median Sales Price

County Durham - Average & Median Sales Price

The average sales price in County Durham was £135 K.

For the different property types it was

  • Detached at £211 K
  • Semi-Detached at £115 K
  • Terraced at £84 K
  • Flat/Maisonette at £92 K
  • Other at  £844 K.

 

Similarly median sales price in County Durham was £103 K.

For the different property types it was

  • Detached at £183 K
  • Semi-Detached at £110 K
  • Terraced at £70 K
  • Flat/Maisonette at £80 K 
  • Other at £215 K

 

 

New Vs Not New Property Statistics

County Durham - New Vs Not New Property Statistics

By Value of Sales

  • The sales value contributed by New Property was £158 millions (14.24%)
  • where as Not New Property contributed £949 millions (85.76%).

By Number of Sales

  • New properties sold were 923 (11.23%)
  • where as not new property sold were 7293 (88.77%).

 

 

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