Durham Property Market Update

🏠 Durham Rental Market Snapshot

As of May 2025, the average monthly private rent in County Durham reached £601, marking a 9.0% increase from £551 in May 2024.

This growth aligns with the broader trend in the North East region, which recorded the highest rental inflation in England at 9.7% in the 12 months leading up to May 2025.

📊 Key Rental Update – Durham

Average Monthly Rent 2025: £601

Average Monthly Rent 2024: £551

Year-on-Year Growth: +9.0%

County Durham's robust rental growth is driven by its relative affordability, strong tenant demand fueled by economic development and universities, and a limited housing supply that intensifies competition and pushes rents higher.

🏡 Durham Sales Market Snapshot

County Durham's housing market has shown notable growth, with the average house price reaching £139,000—a 12.9% increase from £123,000 in 2024. This rise surpasses the North East regional average of 6.4% over the same period.

📊 Key Sales Update – Durham

Average House Price: £139,000

Average House Price: £123,000

Year-on-Year Growth: +6.4%

County Durham's housing market outpaces both regional and national growth rates, indicating strong demand and investment potential. The significant appreciation in property values, especially among first-time and mortgage buyers, underscores the area's affordability and attractiveness.

📈 What’s Happening in Durham?

County Durham's combination of affordable property prices and rising rents presents attractive opportunities for property investors seeking strong returns.

Properties like flats and terraced houses tend to offer higher rental yields, making them particularly appealing to investors seeking strong returns.

🚀 Why Now?

If you’re considering expanding your portfolio or getting into the market, now is a fantastic time to explore opportunities in Durham before prices climb further.