Local Market Update, January 2026

Local Market Update, January 2026

The property market across County Durham and the wider North East is starting 2026 on a positive note. After a period of uncertainty around the Autumn Budget, buyers are returning with renewed confidence and sellers are responding with well-presented homes.

Demand remains steady, particularly for family homes and properties aimed at first-time buyers. Well-priced and maintained homes continue to attract strong interest. Investors are also active, drawn by good rental yields and a resilient lettings market.

At Harrington Brown we have seen high levels of enquiry throughout the winter months. Buyers are making decisions confidently, supported by competitive mortgage options and a clear view of the local market. Sellers who present their homes well and price appropriately are benefiting from strong viewings and offers.

Looking ahead, we expect steady demand, price stability and pockets of modest growth in the most desirable locations. Spring is likely to bring increased activity as new homes come to market. Hotspots such as Durham City, Chester-le-Street, Consett, Stanley and Bishop Auckland continue to attract consistent buyer interest, showing the enduring appeal of our area.

Local Market Statistics — County Durham and North East (2025–26)

• Average house price: £137,000 in October 2025 provisional, up 5.2% from October 2024

• Private rents: £620 per month in November 2025, up 7.3% year on year

• First-time buyers: £122,000 in October 2025 provisional, up 5.6% from October 2024

• Mortgage-assisted purchases: £142,000 in October 2025 provisional, up 5.4% from October 2024

The local market remains active and resilient. For anyone considering buying, selling or investing, the team at Harrington Brown is ready to provide expert guidance and an up-to-date market appraisal to help you make confident decisions.