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County Durham

Durham
development finance.

Expert property development finance in Durham, County Durham. Median price £150,000, 1,478 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£150k
Sales (12m)
1,478
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 1,478 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 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 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, alongside the live local planning pipeline. Updated weekly.

Median price
£150,000
Sales (12m)
1,478
YoY change
-6.3%
Pipeline units
273
Pipeline GDV
£41.0M

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.

£
£
£
%

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

Total Cost£1,556,700
Senior Debt (65% LTGDV)£594,100
Equity Required£962,600
Interest (18m)£66,836
Profit on Cost-43.7%
Senior Debt£594,100
Equity£962,600

Land Registry data

Recent property sales
in Durham.

1,478 residential transactions in the last twelve months. Median sold price £150,000 (-6.3% YoY). 13 new-build transactions with a +96.6% premium over existing stock.

Detached

£265,000

Semi-Detached

£145,000

Terraced

£110,000

Flat

£120,000

DateAddressTypePrice
26 Jun 20263, PERCY STREETDH6 3NWTerraced£20,000
22 Jun 202617, BRACKENRIDGEDH6 2QTTerraced£111,150
19 Jun 20262, MAGNOLIA COURTDH7 9NYSemi-Detached£175,000
19 Jun 202615A, FRONT STREETDH7 6SYTerraced£123,000
19 Jun 202613, BRADFORD CRESCENTDH1 1ERTerraced£158,750
18 Jun 202612, WILLIAM MORRIS TERRACEDH6 2PLSemi-Detached£83,519
18 Jun 202612, CORONATION TERRACEDH6 4HGTerraced£85,000
15 Jun 20269, DENE TERRACEDH6 2QXTerraced£55,950
15 Jun 202637, QUETLAW ROADDH6 3SBSemi-Detached£82,000
15 Jun 202628, STEAVENSON STREETDH6 5BATerraced£49,000

Planning pipeline

Planning activity
in Durham.

18 residential applications awaiting decision
·273 units in pipeline·£41.0M estimated GDV

Current Applications

RefProposalUnitsEst. GDVStatus
DM/26/01997/CPO

Certificate of Lawfulness for proposed external and internal alterations to an e…

Grove Works Queen Street Barnard Castle DL12 8JQ

--Pending
DM/26/01903/OUT

Outline application for the erection of a detached dwelling with associated gara…

Land North Of Wayside Low Lane Witton-le-wear DL14 0AJ

--Pending
DM/26/01876/CPO

Erection of a single storey rear extension to the existing dwellinghouse. The ex…

New House Gordon Bank Eggleston Barnard Castle DL12 0AS

--Pending
DM/26/01763/CPO

DDA Ramp and Steps

Durham University Science Site South Road Durham DH1 3LE

--Pending
DM/26/01781/PA56

Prior Approval application for the erection of 1 no. agricultural storage buildi…

Land To The South East Of Tweddle House Fillpoke Lane Blackhall Rocks TS27 4BT

--Pending

Source: HM Land Registry price paid data, 12 months to August 2026 · Durham County Council planning register, retrieved August 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.

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 £145,000, flats at £120,000, terraced houses at £110,000.
Is Durham a good area for property development?
Durham recorded 1,478 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 £870,000, 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.