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A guide to house prices in Durham

Apr 26, 2022
A guide to house prices in Durham

Surrounded by spectacular swathes of open countryside, packed with a fascinating culture to discover, and within commuting distance of the north-eastern coast, Durham is a destination of choice among homebuyers. Whether you’ve been living here your whole life or are moving from Middlesbrough or https://www.barratthomes.co.uk/new-homes/north-east/tyne-and-wear/sunderland/, we’ve picked some of the best areas to live in and around Durham.

House prices in Durham

The property market in the city has experienced a steady increase in property prices over the past years, reflecting the general trend in the North East. Despite this rise, house prices remained more affordable than in the rest of the country. Durham offers a great variety of properties to choose from, suitable for all types of budgets.

Crossgate

Located in Durham city centre, this residential area is particularly popular among students thanks to its proximity to the university. Terraced houses are the best-selling here. If you’d like to live in the heart of the action, don’t miss our Burdon Green development for an elegant collection of 3 and 4 bedroom homes.

South Bailey

This highly attractive area is situated in the Durham peninsula, offering picture-perfect views of Durham’s Castle and Cathedral. Property prices here are above the city average, as most of the residences are protected by the Durham City congestion charge to reduce air pollution.

Gilesgate

Lying outside Durham’s city centre, this pleasant area offers an excellent balance between urban and rural lifestyles. With a strong community feel, two big retail parks and plenty of pretty cafés and restaurants, it’s ideal if you prefer the pull of the suburb to the bustle of the city. Our Burton Woods site presents modern housing in Spennymoor, a short drive away from Gilesgate.

South Hetton

Located six miles east of Durham, this pleasant suburb is famous for being among the most affordable in the area. It is close to Castle Eden Dene Nature Reserve and lies within commuting distance of the coast, making it ideal for a day trip to the beach. Our great selection of 3 and 4 bedroom homes on Cherry Tree Park development offers sea views and cycling trails for outdoor lovers.

Consett

Considered an up-and-coming area, Consett is a desirable place to buy a new home. It lies next door to the North Pennines, while also being close to Newcastle, Sunderland and Gateshead. House prices here increased steadily between 2016 and 2021, with the property market being one of the most flourishing in the county. Our upcoming Meadow Hill site in Throckley is simply not to be missed.

Buying your new home is an important step and knowing your lifestyles and priorities can help you make the best decision. Durham is a city with plenty of possibilities – from stunning countryside spots to fascinating museums and more. Give us a call today and one of our Sales Advisers will be in touch to discuss your options.