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County Durham

Durham
development finance.

Expert property development finance in Durham, County Durham. Median price £150,000, 1,419 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£150k
Sales (12m)
1,419
YoY change
-6.3%
Durham Cathedral and riverside

Durham, County Durham

Property finance
in Durham.

Durham - uNESCO World Heritage city with premium university housing demand and conservation area constraints. With a median property price of £150,000 and 1,419 transactions in the last twelve months, Durham represents a healthy market with prices down 6.3% year-on-year.

Detached homes command a median of £265,000 while terraced houses average £110,000, reflecting the breadth of Durham's residential market. New-build activity is notable, with 27 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 Durham 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

Durham
market snapshot.

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

Median price
£150,000
Sales (12m)
1,419
YoY change
-6.3%
Approved (12m)
0
Pipeline units
669
Pipeline GDV
£100.3M

Durham development appraisal

Model the numbers
for your scheme.

Pre-populated with Durham 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 Durham 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£639,480
Senior Debt (65% LTGDV)£569,400
Equity Required£70,080
Interest (18m)£64,058
Profit on Cost24.5%
Senior Debt£569,400
Equity£70,080

Land Registry data

Recent property sales
in Durham.

1,419 residential transactions in the last twelve months. Median sold price £150,000 (-6.3% YoY). 27 new-build transactions with a +73.3% premium over existing stock.

Detached

£265,000

Semi-Detached

£146,000

Terraced

£110,000

Flat

£126,500

DateAddressTypePrice
28 Apr 202653, COMMERCIAL STREETDH7 9BWTerraced£150,000
27 Apr 20269, LUKE TERRACEDH6 3RXDetached£154,950
24 Apr 202621, EAST CLEREDH7 9XYSemi-Detached£80,000
23 Apr 2026THE PADDOCK, JOHN STREET SOUTHDH7 8RPDetached£228,000
23 Apr 20262, FRONT STREETDH6 1HATerraced£192,000
23 Apr 202671, GROVE ROADDH7 8APTerraced£78,000
22 Apr 20266, LOWES WYNDDH1 4NTFlat£250,000
20 Apr 20269, DRAPER CLOSEDH7 6FSDetached£240,000
17 Apr 20263, WINCHESTER DRIVEDH7 8UGSemi-Detached£150,000
17 Apr 202644, EASTERN AVENUEDH7 9XSSemi-Detached£115,000

Planning pipeline

Planning activity
in Durham.

0 approved (12m)
·
26 pending
·669 units in pipeline·£100.3M 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£1.1MPending
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£6.0MPending
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 Durham
— answered.

What is the average property price in Durham?
The median property price in Durham is £150,000, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £265,000, semi-detached properties at £146,000, flats at £126,500, terraced houses at £110,000.
Is Durham a good area for property development?
Durham recorded 1,419 property transactions in the last 12 months, with prices adjusting 6.3% year-on-year - creating potential value opportunities for developers. UNESCO World Heritage city with premium university housing demand and conservation area constraints. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Durham?
We arrange the full range of property development finance in Durham: 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 Durham?
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 Durham?
Development finance rates for Durham projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £876,000, 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

Durham,
County Durham.

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in Durham 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.