Blyth Property Market Overview
Port town repositioning as offshore wind hub with growing energy sector employment
The Blyth property market recorded 449 residential sales over the past 12 months, with a median sale price of £140,000. This places Blyth £73k below the Northumberland county median of £212,500, and £145k below the UK national median of £285,000.
Prices in Blyth have shown a notable decline, with a year-on-year change of -6.7%. Within Northumberland, Blyth ranks 6th by price out of 6 principal towns, and 2nd by transaction volume.
Blyth House Prices by Property Type
Property prices in Blyth vary significantly by type. The table below compares Blyth prices with Northumberland county averages and UK national figures.
| Type | Blyth | Northumberland Avg | UK Avg |
|---|---|---|---|
| Detached | £249,250 | £343,750 | £420,000 |
| Semi-detached | £150,000 | £204,875 | £265,000 |
| Terraced | £120,000 | £167,500 | £230,000 |
| Flat | £71,000 | £126,000 | £225,000 |
Detached homes in Blyth command £249,250, while flat properties are most accessible at £71,000. The £178k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.
Median Price by Property Type
New Build Homes in Blyth
Blyth recorded 5 new-build transactions in the past 12 months, representing 1.1% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.
New-build properties in Blyth traded at a premium of 133.0% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Northumberland market, 72 new-build completions were recorded — see our Northumberland property market report for the full county picture.
Recent Property Sales in Blyth
The following table shows the most recent property transactions recorded in Blyth, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £164,000 | Semi-detached | NE24 4NA | 2026-02-19 | Existing |
| £182,000 | Semi-detached | NE24 4GT | 2026-02-16 | Existing |
| £195,000 | Semi-detached | NE24 4QU | 2026-02-06 | Existing |
| £172,500 | Semi-detached | NE24 3TR | 2026-02-06 | Existing |
| £150,500 | Terraced | NE24 4AJ | 2026-02-05 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £150,500 to £195,000 illustrates the breadth of the Blyth market.
Development Finance in Blyth
For developers considering Blyth, the local market data translates directly into finance structuring. With a median value of £140,000 and detached homes at £249,250, lenders can assess scheme viability with confidence.
A typical development finance facility for a Blyth scheme with a GDV of £249,250 would attract senior debt of approximately £162,013 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 6.7% year-on-year, experienced developers can still generate strong returns in Blyth by targeting well-located sites with clear demand drivers.
Ready to develop in Blyth? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Blyth Compared to Nearby Northumberland Towns
To put Blyth's market in context, the table below compares it with similarly-priced towns across Northumberland:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Blyth | £140,000 | 449 | -6.7% |
| Berwick-upon-Tweed | £176,500 | 185 | -6.2% |
| Cramlington | £180,000 | 395 | -7.8% |
| Morpeth | £245,000 | 725 | +4.3% |
| Hexham | £257,500 | 274 | -4.6% |
| Alnwick | £260,000 | 220 | -13.3% |
For the full Northumberland town-by-town breakdown, see our comprehensive Northumberland property market report.
Finance Solutions
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From 12% p.a. · Up to 85-90% LTGDVRelated Reports
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5 min readFrequently Asked Questions
What is the average house price in Blyth?
The median house price in Blyth is £140,000, based on 449 transactions over the past 12 months. Detached homes average £249,250 while flat properties average £71,000.
Are house prices rising or falling in Blyth?
House prices in Blyth are falling at -6.7% year-on-year. This decline may present buying opportunities for investors and developers. The wider Northumberland market is falling at -5.7%.
How many properties sold in Blyth recently?
Blyth recorded 449 residential property sales in the past 12 months. This represents a reasonably active market.
What development finance is available for projects in Blyth?
Developers in Blyth can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.