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County Durham
Consett
development finance.
Expert property development finance in Consett, County Durham. Median price £131,000, 737 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £131k
- Sales (12m)
- 737
- YoY change
- -6.4%
Consett, County Durham
Property finance
in Consett.
Consett - former steel town on the hills with growing residential demand and affordable values. With a median property price of £131,000 and 737 transactions in the last twelve months, Consett represents a steady market with prices down 6.4% year-on-year.
Detached homes command a median of £270,500 while flats average £74,000, reflecting the breadth of Consett's residential market. New-build activity is notable, with 31 new-build transactions recorded over the past year - a signal of active development demand.
Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Consett and the wider County Durham area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.
The capital stack
Seven funding routes for
every Consett scheme.
Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Consett developers on the deal, not the product sheet.
Development Finance
Senior debt funding for ground-up residential and commercial developments.
Mezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
Bridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
Equity & Joint Ventures
Equity partnerships and JV structures for developers seeking capital partners.
Refurbishment Finance
Funding for light and heavy refurbishment projects including conversions.
Commercial Mortgages
Long-term finance for commercial property acquisition and refinancing.
Development Exit Finance
Short-term funding to repay development finance while you sell completed units.
Live market data
Consett
market snapshot.
HM Land Registry sold-price data for Consett over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £131,000
- Sales (12m)
- 737
- YoY change
- -6.4%
- Approved (recent)
- 186
- Pipeline units
- 3,490
- Pipeline GDV
- £455.7M
Consett development appraisal
Model the numbers
for your scheme.
Pre-populated with Consett median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.
Scheme Inputs
Pre-populated with Consett median prices. Adjust to match your scheme.
Build cost pre-filled at £2,000/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →
Capital Structure
Land Registry data
Recent property sales
in Consett.
737 residential transactions in the last twelve months. Median sold price £131,000 (-6.4% YoY). 31 new-build transactions with a +52.3% premium over existing stock.
Detached
£270,500
Semi-Detached
£143,750
Terraced
£107,250
Flat
£74,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 24 Jul 2026 | 10, UNSWORTH GARDENSDH8 5RX | Semi-Detached | £105,000 | Freehold |
| 20 Jul 2026 | 15, PONTOP VIEWDH8 7JB | Terraced | £105,000 | Freehold |
| 16 Jul 2026 | 10, ROSEMARY CLOSEDH8 6GH | Terraced | £95,000 | Freehold |
| 16 Jul 2026 | 9, JOHN STREET SQUAREDH8 5AR | Terraced | £17,500 | Freehold |
| 9 Jul 2026 | 37, STUART COURTDH8 5GA | Detached | £255,000 | Freehold |
| 9 Jul 2026 | 12, THE BUNGALOWSDH8 0PU | Semi-Detached | £470,000 | Freehold |
| 8 Jul 2026 | 2, BLUEBELL CLOSEDH8 7GA | Semi-Detached | £123,500 | Freehold |
| 6 Jul 2026 | 22, LAMBTON AVENUEDH8 7JE | Terraced | £104,000 | Freehold |
| 3 Jul 2026 | 23, FELL SIDEDH8 7AW | Terraced | £230,000 | Freehold |
| 3 Jul 2026 | 6, REDMIRE DRIVEDH8 7EL | Detached | £198,000 | Freehold |
Planning pipeline
Planning activity
in Consett.
Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| DM/25/02713/CPO | Installation of electrical cables Land East Of Spennymoor Electricity Substation (South) Thinford Lane Thinford DH6 5LB | - | - | Approved | |
| DM/25/02730/PNA | Prior Notification under Class A of Part 6 of Schedule 2 of the Town and Country… Moory Lea Billy Lane Langleydale Barnard Castle DL12 8SL | 2 | £262,000 | Pending | |
| DM/25/02997/PN56 | Prior Notification (Part 3 Class G) for change of use of vacant upper floor offi… Durham C I U Headquarters Ltd Club Union House Flass Street Durham DH1 4EF | - | - | Pending | |
| DM/25/02996/RM | Reserved Matters Application for scale, appearance and landscape for erection of… Plot 48 Land To The West Of Dunelm Stables Thornley Durham DH6 3BN | 1 | £270,500 | Approved | |
| DM/25/02988/PA56 | Erection of an agricultural general purpose building for the housing of fertiliz… North Farm Butsfield Lane West Butsfield Bishop Auckland DL13 4JD | - | - | Approved |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| DM/25/02710/FPA | Retrospective change of use from existing mixed office to 3-bed HMO, with retain… 67 Cockton Hill Road Bishop Auckland DL14 6HS | - | - | Pending | |
| DM/25/03032/FPA | Change of use and conversion of the Old Miners Hall to a residential dwelling wi… The Old Miners Hall Colliery Road Bearpark Durham DH7 7AU | 1 | £131,000 | Pending | |
| DM/25/03027/FPA | Erection of a building comprising 4no. dwellings: 2no. one-bedroom flats and 2no… Land To The South Of 55 Medomsley Road Consett DH8 5HQ | - | - | Pending | |
| DM/25/03005/FPA | Mixed-use development of the site retaining and refurbishing the existing commer… 35 - 45 Newgate Street Bishop Auckland DL14 7EW | - | - | Pending | |
| DM/25/02948/OUT | Outline application with all matters, except access for residential development … Land To North Of Witton Grove Framwellgate Moor DH1 5AB | 45 | £5.9M | Pending |
Source: HM Land Registry price paid data, 12 months to September 2026 · Durham County Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Common questions
Property finance in Consett
— answered.
What is the average property price in Consett?
Is Consett a good area for property development?
What types of property finance are available in Consett?
How do I apply for development finance in Consett?
What are typical development finance rates in Consett?
Where we fund
Consett,
County Durham.
Nearby markets
Adjacent towns
we also fund.
Durham
Median · £152,500
UNESCO World Heritage city with premium university housing demand and conservation area constraints
Bishop Auckland
Median · £115,000
Heritage Action Zone and Auckland Castle cultural project driving regeneration
Newton Aycliffe
Median · £130,000
New Town with Hitachi rail factory and Aycliffe Business Park employment
Chester-le-Street
Median · £125,000
Cricket town between Durham and Newcastle with growing commuter demand
Peterlee
Median · £75,000
East Durham New Town with affordable development land and regeneration opportunities
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your development finance enquiry in Consett and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.