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County Durham

Consett
development finance.

Expert property development finance in Consett, County Durham. Median price £132,500, 491 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£133k
Sales (12m)
491
YoY change
-5.4%
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 £132,500 and 491 transactions in the last twelve months, Consett represents a focused market with prices down 5.4% year-on-year.

Detached homes command a median of £273,500 while flats average £56,000, reflecting the breadth of Consett's residential market. New-build activity is notable, with 13 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
£132,500
Sales (12m)
491
YoY change
-5.4%
Approved (12m)
0
Pipeline units
669
Pipeline GDV
£88.9M

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£613,200
Senior Debt (65% LTGDV)£546,000
Equity Required£67,200
Interest (18m)£61,425
Profit on Cost24.5%
Senior Debt£546,000
Equity£67,200

Land Registry data

Recent property sales
in Consett.

491 residential transactions in the last twelve months. Median sold price £132,500 (-5.4% YoY). 13 new-build transactions with a +23% premium over existing stock.

Detached

£273,500

Semi-Detached

£140,000

Terraced

£106,250

Flat

£56,000

DateAddressTypePrice
24 Apr 202625, OLEY MEADOWSDH8 0JFSemi-Detached£264,105
22 Apr 202610, DEWHIRST CLOSEDH8 6LFDetached£165,000
22 Apr 202616, THE AVENUEDH8 6NRTerraced£146,000
14 Apr 202610, SHAFTOE CLOSEDH8 7JDTerraced£93,500
13 Apr 202614, PARK TERRACEDH8 9QFTerraced£142,500
2 Apr 20264, QUEENS ROADDH8 0BHTerraced£180,000
2 Apr 20261, THE TERRACEDH8 0EYSemi-Detached£345,000
2 Apr 202643, BARLEY MILL ROADDH8 8JSSemi-Detached£350,000
1 Apr 202658, SNOWS GREEN ROADDH8 0ERSemi-Detached£215,000
1 Apr 202628, BENFIELDSIDE ROADDH8 0SGDetached£335,000

Planning pipeline

Planning activity
in Consett.

0 approved (12m)
·
26 pending
·669 units in pipeline·£88.9M estimated GDV·0% approval rate

Current Applications

RefProposalUnitsEst. GDVStatus
DM/26/01423/DRC

Discharge of conditions 5 (contaminated land) and 23 (M4(2) provisions) pursuant…

Land To The East Of 1 Ladysmock Close Spennymoor DL16 6NZ

7£931,000Pending
DM/26/01415/CPO

Lawful Development Certificate for the erection of a 1.0m high stone wall to fro…

Church Lodge Church Bank Shotley Bridge Consett DH8 0NW

--Pending
DM/26/01412/FPA

Erection of 40 dwellings with associated landscaping and drainage works, creatio…

Site Of Former Wolsingham School And Commercial College Leazes Lane Wolsingham DL13 3DJ

40£5.3MPending
DM/26/01399/CPO

Certificate of Proposed Development for a hip to gable conversion to form loft c…

28 Moor Edge Crossgate Moor Durham DH1 4HT

--Pending
DM/26/01355/PA56

Agricultural storage unit. Follow up to DM/26/01062/PNA.

Auckland Cottage Bowlees Farm Durham Road Wolsingham Bishop Auckland DL13 3JF

--Pending

Common questions

Property finance in Consett
— answered.

What is the average property price in Consett?
The median property price in Consett is £132,500, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £273,500, semi-detached properties at £140,000, terraced houses at £106,250, flats at £56,000.
Is Consett a good area for property development?
Consett recorded 491 property transactions in the last 12 months, with prices adjusting 5.4% 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 £840,000, 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.