County Durham

Area Guide For County Durham

Durham is a city in north east England. It is within the County Durham local government district, and is the county town of the larger ceremonial county. It lies to the south of Newcastle upon Tyne, Chester-le-Street and Sunderland and to the north of Darlington. Durham is well known for its Norman cathedral and 11th-century castle, both designated a World Heritage Site by UNESCO in 1986. The castle has been the home of Durham University since 1832. HM Prison Durham is also located close to the city centre. The name "Durham" comes from the Old English "dun", meaning hill, and the Old Norse "holme", which translates to island. The Lord Bishop of Durham takes a Latin variation of the city's name in his official signature, which is signed "N. Dunelm." Some attribute the city's name to the legend of the Dun Cow and the milkmaid who in legend guided the monks of Lindisfarne carrying the body of Saint Cuthbert to the site of the present city in 995 AD. Dun Cow Lane is said to be one of the first streets in Durham, being directly to the east of Durham Cathedral and taking its name from a depiction of the city's founding etched in masonry on the south side of


County Durham Map

Estimated Price: £140,721
Average Asking Price: £157,995
Price change in last one year: £4,309
Average Price Paid: £130,714
Average Rent Rates: £638


Property Prices Breakdown in County Durham

Average Price for property in County Durham is around £140,721 which varies based on type of property you are interested in and ranges from £228,931 for detached house to around £128,812 for semi-detached. Similarly terraced house is around £94,300 and a flat is worth £115,649. Values have been changing and have risen £487 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12 in last 6 months, £4,309 in last 1 year, £10,188 in last 2 years, £9,405 in last 3 years, £7,483 in last 4 years and £5,474 in last 5 years.

Currently average asking price of a property in County Durham is around £157,995 based on approximately 9,314 properties for sale. Same is the case with rental options based on 2,592 properties up for rent, average asking rent is around £638 per month.

Estimated property value in County Durham is £140,721. Average asking price is £157,995 while average price paid is £134,224 which is up by £4,309 and Avg. asking rent £638.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in County Durham area. In last 1 year alone average price buyer paid is around £134,224 based on approximately 9,314 sales in County Durham area alone. If you compare it to last 3 years sales of 28,114 properties where buyers paid around £130,562. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £130,714 for 45,327 and average amount paid for purchase of approx. 63,849 properties sold in last 7 years comes to about £130,784 per sale.


Properties For Sale in County Durham


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £87,195, £86,733 for a 2 bedroom house, £127,900 for a 3 bedroom house, £238,304 for a 4 bedroom house and £378,875 for a 5 bedroom house. For a flat similarly the prices varies from £76,096 for a single bedroom to £109,077 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £133,859, £150,825 for a 4 bedroom flat and £120,000 for a 5 bedroom flat. To sum up the asking prices for properties in County Durham it comes to around average £80,831 for 1 bedroom property, £89,814 for 2 bedroom, £127,954 for 3 bedroom, £237,978 for 4 bedroom and £378,213 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £387 for 1 bedroom to £408 for 2 bedrooms, £484 for 3 bedrooms, £734 for 4 bedrooms and £872 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £384. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £483, £427 for 3 bedroom, £836 for 4 bedroom and around £1,180 for 5 bedroom flat. You should be generally be expecting around average £385 rent per month for single bedroom property, £424 for 2 bedroom, £482 for 3 bedroom, £740 for 4 bedroom and approximately £893 for a 5 bedroom property in County Durham area.

Popular Houses in County Durham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in County Durham

Areas in and around County Durham