Strong house price growth for the North East in July

Posted 17/09/2018 by Reeds Rains Press Office

The North East of England saw house prices rise 2.6% year on year in June according to the latest LSL House Price Index.

The strong performance was driven by Tyne and Wear where prices were up 4.8%, and Darlington where prices were up 4.4%.

The average house price in the North East in July was £161,488.

Taking the UK as a whole, the house price picture can be summed up as 'slow and steady': house price growth remains at 1.8% for the third consecutive month. The average house price for the whole of the UK is £303,199.

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

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