Northumberland house prices up 8.3% - the fastest growth and highest prices in the North East

Northumberland house prices up 8.3% - the fastest growth and highest prices in the North East

Northumberland's house prices are up 8.3% this year, while rent has grown 6.5%. That's not just the highest average price in the North East - it's also the fastest growth rate of any authority in the region, a combination that doesn't come along often.

📊 The numbers

At £209,000, Northumberland now has the highest average house price in the North East, just ahead of Newcastle. Average rent of £687 a month sits below the North East's £781 average. Here's how that plays out by property type.

💷 Buy-to-let snapshot by property type

Estimated gross yield, calculated from average price and average rent by property type. Excludes costs, fees, and void periods.

👀 One to watch: Blyth

Blyth is seeing some of the biggest investment anywhere in Northumberland. The £95 million "Energising Blyth" regeneration programme is transforming the town centre, and the Port of Blyth has just launched a £100 million expansion to grow its role in offshore wind and clean energy manufacturing.

A further £20 million "Pride in Place" package was approved in April, and Blyth also gained a new railway station as part of the same Northumberland Line reopening. It's a genuine jobs and industry story, not just retail or housing, which makes it one of the more interesting long-term prospects in the county.

Across our own managed properties in Blyth, tenants are paying between £450 and £800 a month, averaging £628 - real, achieved rents.

🏠 Recent Northumberland sales

Both properties below are on Ravensworth Street in Bedlington - stock here moves quickly, and both have now sold.

• 1 Bed Flat, Ravensworth Street, Bedlington — Offers over £49,950 — Sold. First-time buyer/investor flat, sold quickly. Register for alerts
• 2 Bed Flat, Ravensworth Street, Bedlington — £62,000 — Sold STC. Sold in weeks - want to know if something similar comes up? Register for alerts

For more properties we're marketing across the North East, visit nguhomes.co.uk.

Yields here trail Newcastle and Sunderland, but that's the trade-off for owning in the region's strongest-growing county right now. If you'd like to talk through whether it fits your portfolio, just reply and I'll go through the numbers with you.