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County Durham

Durham
development finance.

Expert property development finance in Durham, County Durham. Median price £150,000, 1,340 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£150k
Sales (12m)
1,340
YoY change
-7.1%
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 1,340 transactions in the last twelve months, Durham represents a healthy market with prices down 7.1% year-on-year.

Detached homes command a median of £250,000 while terraced houses average £110,000, reflecting the breadth of Durham's residential market. New-build activity is notable, with 30 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)
1,340
YoY change
-7.1%
Approved (12m)
0
Pipeline units
5,108
Pipeline GDV
£765.3M

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£651,543
Senior Debt (65% LTGDV)£580,141
Equity Required£71,402
Interest (18m)£65,266
Profit on Cost24.5%
Senior Debt£580,141
Equity£71,402

Land Registry data

Recent property sales
in Durham.

1,340 residential transactions in the last twelve months. Median sold price £150,000 (-7.1% YoY). 30 new-build transactions with a +59.4% premium over existing stock.

Detached

£250,000

Semi-Detached

£148,754

Terraced

£110,000

Flat

£121,250

DateAddressTypePrice
23 Feb 202663, HARVEY AVENUEDH1 5ZBTerraced£287,000
20 Feb 202614, ST AIDANS AVENUEDH1 5BASemi-Detached£165,000
16 Feb 2026111, BRUCE GLAZIER TERRACEDH6 2PNSemi-Detached£77,500
13 Feb 202634, ALFRETON CLOSEDH7 8UESemi-Detached£134,950
13 Feb 20269, MARY CRESCENTDH6 4NJSemi-Detached£96,000
13 Feb 202616, WILLIAM STREETDH6 5DYSemi-Detached£100,000
12 Feb 20269, BEAVER CLOSEDH1 5GSSemi-Detached£220,000
11 Feb 202647, LINDISFARNE ROADDH1 5YHSemi-Detached£152,500
11 Feb 202620, BROWNING HILLDH6 4HBDetached£225,000
11 Feb 202635, LATIMER WAYDH6 1BUDetached£265,000

Planning pipeline

Planning activity
in Durham.

0 approved (12m)
·
26 pending
·785 units in pipeline·£117.7M 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£10.7MPending
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£30.0MPending
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 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 £250,000, semi-detached properties at £148,754, flats at £121,250, terraced houses at £110,000.
Is Durham a good area for property development?
Durham recorded 1,340 property transactions in the last 12 months, with prices adjusting 7.1% 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 £892,524, 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.