1. Home
  2. Locations
  3. County Durham
  4. Consett

County Durham

Consett
development finance.

Expert property development finance in Consett, County Durham. Median price £135,000, 508 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£135k
Sales (12m)
508
YoY change
-3.6%
Durham Cathedral overlooking the city

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 £135,000 and 508 transactions in the last twelve months, Consett represents a steady market with prices down 3.6% year-on-year.

Detached homes command a median of £277,000 while flats average £68,000, reflecting the breadth of Consett's residential market. New-build activity is notable, with 18 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.

Live market data

Consett
market snapshot.

HM Land Registry sold-price data for Consett over the last twelve months, cross-referenced with local planning pipeline. Updated weekly.

Median price
£135,000
Sales (12m)
508
YoY change
-3.6%
Approved (12m)
0
Pipeline units
5,108
Pipeline GDV
£687.7M

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.

£
£
£
%

Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£612,981
Senior Debt (65% LTGDV)£545,805
Equity Required£67,176
Interest (18m)£61,403
Profit on Cost24.5%
Senior Debt£545,805
Equity£67,176

Land Registry data

Recent property sales
in Consett.

508 residential transactions in the last twelve months. Median sold price £135,000 (-3.6% YoY). 18 new-build transactions with a +76.7% premium over existing stock.

Detached

£277,000

Semi-Detached

£139,950

Terraced

£110,000

Flat

£68,000

DateAddressTypePrice
25 Feb 20261, SUMMERDALE HOUSE, SNOWS GREEN ROADDH8 0EQFlat£120,000
20 Feb 202651, OAKDALE ROADDH8 6ATSemi-Detached£180,000
19 Feb 202687, SURREY CRESCENTDH8 8HTTerraced£93,999
18 Feb 202617, PRINCESS AVENUEDH8 0LGSemi-Detached£81,000
16 Feb 2026132, SURREY CRESCENTDH8 8DFSemi-Detached£90,000
16 Feb 202667, CHAPEL DRIVEDH8 7EWSemi-Detached£140,000
12 Feb 2026222, BENFIELDSIDE ROADDH8 0RDDetached£363,500
12 Feb 20263, LIEVERS CLOSEDH8 0TPDetached£315,000
12 Feb 202615, ASPEN COURTDH8 5UJFlat£53,000
11 Feb 202613, CYRIL STREETDH8 5NRTerraced£85,500

Planning pipeline

Planning activity
in Consett.

0 approved (12m)
·
26 pending
·785 units in pipeline·£105.0M estimated GDV·0% approval rate

Current Applications

RefProposalUnitsEst. GDVStatus
DM/26/01101/PN56

Prior notification under Part 3 Class R for the change of use of an agricultural…

Littletown Farm Littletown Durham DH6 1AJ

--Pending
DM/26/01071/FPA

Erection of 71 dwellings with associated access, landscaping, open space and eng…

Land North West Of 20-26 Duchy Close Consett DH8 5YT

71£9.5MPending
DM/26/01011/OUT

Outline planning application comprising the erection of up to 200 dwellings, wit…

Land To The West Of Castlefields Bournmoor DH4 6HH

200£26.8MPending
DM/26/01010/CPO

Garage and utility conversion with mono-pitched roof over existing flat roof

20 Dalton Way Newton Aycliffe DL5 4NB

--Pending
DM/26/00995/CPO

Single-storey rear extension

4 Meadow Grange New Lambton Houghton-le-spring DH4 6DW

--Pending

Common questions

Property finance in Consett
— answered.

What is the average property price in Consett?
The median property price in Consett is £135,000, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £277,000, semi-detached properties at £139,950, terraced houses at £110,000, flats at £68,000.
Is Consett a good area for property development?
Consett recorded 508 property transactions in the last 12 months, with prices adjusting 3.6% year-on-year - creating potential value opportunities for developers. Former steel town on the hills with growing residential demand and affordable values. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Consett?
We arrange the full range of property development finance in Consett: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Consett?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Consett?
Development finance rates for Consett projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £839,700, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Consett,
County Durham.

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.