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16 Jul

Continued strong performance for North East house prices in May

Posted 16/07/2018 by: Reeds Rains Press Office

Continued strong performance for North East house prices in June

House prices in the North East of England continued their strong performance in May 2018, with prices up 3.7% year-on-year according to the latest LSL House Price Index.

The increase was led by strong markets in Darlington (up 7.9% annually) and Northumberland (up 8.7%).

The average house price in the North East in May was £163,396.

Across the whole of the UK, the average house price in England and Wales in June was recorded as £303,960. However transactions are down by 8% when compared to last year.

Find out more about buying and selling in the North East of England.