Where are house prices rising in the North East?

The biggest indicator that an area is becoming more popular is whether or not the prices of property are rising. This evidence can help determine the most popular areas of the North East.

According to online property service Rightmove, figures show that 9 areas in particular are increasing in value in the North East.

The past 3 years worth of comparable sales data shows that house prices have increased by nearly 25% in some areas. The most desirable areas, according to their data findings, are quiet areas where individuals wish to raise their families.

The areas which have increased in value the most are:

Berwick-upon-Tweed

The average property price here has increased by an average of £18,031. An increase of 10.3% in the past 3 years. In 2017 the average property price was £175,201 but according to data from 2020 the price has increased to £193,232.

Amble

The average property price here has increased by £25,316. An increase of 10.5% over the past 3 years. In 2017 the average house price was £241,335, but in 2020 this data increased to £266,651.

Ryton

The average property price in Ryton has increased by £17,887. An increase of 10.6% over the past 3 years. In 2017 the average property price was £168,004 but in 2020 this figure rose to £185,891.

North Shields

The average property price in North Shields has increased by £16,801. An increase of 11.1% over 3 years. In 2017 the average property price was £152,029 and in 2020 has risen to £168,830.

Bedington

The average property price in Bedlington has increased by £17,269. An increase of 12% over the past 3 years. In 2017 the average property price was £144,418 and in 2020 this figure had risen to 161,687.

Darlington

The average property price in Darlington rose by £17,372. An increase of 12.6% over the past 3 years. In 2017 the average property price was £137,360 and in 2020 this had risen to £154,732.

Prudhoe

The average property price here rose by £21,372. An increase of 13.1% over the past 3 years. In 2017 the average property price was £163,291 and by 2020 this had risen to £184,663.

Brandon

The average property price has risen by £22,170 in this area. An increase of 16.2% over the past 3 years. In 2017 the average property price was 136,443 but by 2020 this has risen to £158,613.

Newbiggin-By-The-Sea

The average property price in Newbiggin-By-The-Sea has risen by £23,934. An increase of 24.8% over the past 3 years. In 2017 the average property price was £96,679 but by 2020 this rose to £120,613.