In the North East region, the average house price was £463,592, representing a 2.9% annual change. The premium price threshold in the North East is £354,000, which means the top 5% of sales were above this figure. Over the last 12 months, the average price per square foot has been around £239. The total value of sales over the past year has been £869m with 22 sales at or over £1m.
While some areas in the North East have seen a decrease in the average property price others have performed extremely well. South Shields has seen a 4% decrease and Bishop Auckland has had a 3% decrease in the average house price, while Gateshead has seen an impressive 13% increase. The average price in Newcastle has increased by 11%, Darlington has increased by 8% and Stockton-On-Tees has increased by 7%.
The highest premium threshold in the North East is in Durham at £403,000, with Newcastle not far behind at £400,000.
This contemporary, yet characterful home provides a high-end lifestyle in one of the North East’s most desirable locations, situated in 10 acres surrounded by mature woods with access to a further 150 acres of woodland from this gated development. The home benefits substantial living accommodation with underfloor heating and a layout designed for family life, as well as five double bedrooms all with en-suite bathrooms and dressing facilities.
Located within the picturesque Tyne Valley, this outstanding family home enjoys a secluded setting within mature grounds of two acres with planning approval on one acre of the land. This 19th century country home provides outstanding, spacious accommodation with four reception rooms, a generous breakfasting kitchen, six bedrooms, two bathrooms and a washroom with W.C., plus a home gym or study.
The Willows is a beautiful country home in a commanding elevated position with wonderful views over the surrounding rolling countryside and grounds of formal gardens and a small paddock. The stone-built family home offers fabulous accommodation arranged over three floors providing two reception rooms plus a large living, dining and kitchen area, utility room and W.C. on the ground floor. The property also has a triple garage with a home office.
Looking to buy or sell your home in the North East region? Click here to find your local Fine & Country agent today.
Excellent service all through the sale of our home. Steven and team were brilliant. We would highly recommend Fine & Country, Bath. Read full reviewReview Added: Nov 28th, 2020
Alex is a pleasure to deal with. Despite some interesting input from other parties she remained calm and professional throughout and we have no hesitation in recommending her and t... Read full reviewReview Added: Nov 28th, 2020
Without Clare keeping our sale on track and acting far above and beyond we would not have completed. She looked after us from the moment we first met until completion, keeping in... Read full reviewReview Added: Nov 27th, 2020
I couldn’t have been happier with the service I received from Alex, Chris and all the team at Fine and Country. My house hunt was quite long, around 2 years and during th... Read full reviewReview Added: Nov 27th, 2020
4.86 out of 5 - based on 1399 customer reviews
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