Imofolio

Region · data to August 2026

House prices in North East

Homes in North East sold for an average £165,640, up 3.2% on a year ago. Over the last six months prices moved at +3.0% a year, about the same as the +3.9% a year of the past two years.

Average sale price
£165,640
Change in a year
+3.2%
−0.3% after inflation

North East: +12.8% in 5 years

Average sale price per home, £, monthly, with the next 12 months' expected path

  • North East
  • England
  • United Kingdom
  • Expected path
  • 80% range
Show the numbers
MonthNorth EastEnglandUnited Kingdom
Aug 2027 · Expected path£170,953 (£151,489–£190,418)£298,140£280,154
Jul 2027 · Expected path£170,510 (£151,928–£189,093)£297,755£279,560
Jun 2027 · Expected path£170,068 (£152,401–£187,734)£297,371£278,967
May 2027 · Expected path£169,625 (£152,913–£186,337)£296,986£278,374
Apr 2027 · Expected path£169,182 (£153,472–£184,892)£296,602£277,781
Mar 2027 · Expected path£168,739 (£154,087–£183,392)£296,217£277,188
Feb 2027 · Expected path£168,297 (£154,771–£181,822)£295,832£276,595
Jan 2027 · Expected path£167,854 (£155,543–£180,164)£295,448£276,002
Dec 2026 · Expected path£167,411 (£156,433–£178,389)£295,063£275,409
Nov 2026 · Expected path£166,968 (£157,489–£176,447)£294,679£274,816
Oct 2026 · Expected path£166,526 (£158,809–£174,242)£294,294£274,223
Sep 2026 · Expected path£166,083 (£160,643–£171,522)£293,910£273,630
Aug 2026£165,640£293,525£273,037
Jul 2026£166,689£292,882£272,146
Jun 2026£164,851£291,674£270,690
May 2026£164,023£292,907£272,221
Apr 2026£162,482£292,164£270,966
Mar 2026£161,405£290,133£268,631
Feb 2026£163,237£291,263£269,423
Jan 2026£159,778£290,474£268,814
Dec 2025£161,468£289,280£268,002
Nov 2025£162,975£291,892£270,472
Oct 2025£160,446£290,975£269,819
Sep 2025£159,290£290,689£269,556
Aug 2025£160,535£292,319£270,575
Jul 2025£159,160£290,212£268,843
Jun 2025£158,700£288,115£266,796
May 2025£154,763£285,526£264,078
Apr 2025£148,461£280,500£260,162
Mar 2025£163,542£291,748£268,019
Feb 2025£157,310£287,794£264,771
Jan 2025£154,863£287,264£264,936
Dec 2024£158,022£287,035£263,991
Nov 2024£155,962£286,814£264,515
Oct 2024£155,424£287,595£265,252
Sep 2024£156,297£287,576£264,750
Aug 2024£153,371£287,343£265,085
Jul 2024£151,703£284,105£262,479
Jun 2024£151,871£281,611£259,585
May 2024£149,642£280,824£258,565
Apr 2024£146,629£277,945£256,478
Mar 2024£147,221£276,971£255,082
Feb 2024£148,690£276,935£254,633
Jan 2024£147,973£278,060£255,972
Dec 2023£151,215£278,664£256,177
Nov 2023£150,866£281,026£258,368
Oct 2023£150,966£283,147£260,129
Sep 2023£151,607£284,428£261,318
Aug 2023£154,429£285,690£262,602
Jul 2023£150,021£284,246£261,182
Jun 2023£149,448£281,585£258,275
May 2023£146,913£279,846£257,330
Apr 2023£147,442£280,054£256,479
Mar 2023£144,993£279,592£255,885
Feb 2023£147,783£283,907£258,788
Jan 2023£150,814£285,817£260,941
Dec 2022£152,252£288,198£263,190
Nov 2022£153,022£290,003£265,299
Oct 2022£153,663£289,993£265,693
Sep 2022£152,937£290,185£265,727
Aug 2022£151,747£289,294£265,124
Jul 2022£151,552£286,526£262,904
Jun 2022£147,826£281,116£258,118
May 2022£145,424£278,084£255,040
Apr 2022£144,411£274,812£252,167
Mar 2022£143,435£272,225£249,232
Feb 2022£140,762£271,265£248,309
Jan 2022£140,576£270,231£248,031
Dec 2021£140,230£267,793£245,189
Nov 2021£138,405£265,662£243,930
Oct 2021£136,801£259,748£239,236
Sep 2021£146,908£268,041£245,371

Reports for North East

Each report opens the full series and the assumptions behind these figures.

Sale prices have an 80% chance of landing between £151,489 and £190,418 by August 2027.

Expected, August 2027
£170,953
Chance of a rise
64%

At the average sale price, a home costs £165,640. With 10% down and a 30-year mortgage, the payment is £764 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
13%
Payment, one income
26%

Owning and renting the average home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£790
Owning per month
£780

12.8% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
9,360
Per 1,000 residents
3.4

Figures for United Kingdom: North East has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 13 times since 1992. The deepest began in July 2007.

Deepest fall
−19.7%
Recovery from the low
95 months

In 2025 the population grew by 14,188 while 7,880 homes were finished: 1.8 new residents for every new home.

New residents per new home, 2025
1.8
Population change, 2025
+14,188

5.4% of the 1,247,894 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.4%
Empty homes
67,590

In 2025, 3% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
3%