House prices in Northumberland have gone down by an average of over £600 in the month of February, according to figures from the Land Registry.

The latest data from the government department reveals that in February 2023 average house prices in Northumberland reached £196,671.

This was down from £197,359 in January, representing a 0.3 per cent decrease. In the last 12 months it has risen by 10.4 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Northumberland here.

How much have house prices decreased in Northumberland?

Breaking it down for specific types of housing, some prices saw an increase despite the general fall.

  • Detached houses - Up to £338,890 from £338,657 in January
  • Semi-detached houses - Down to £186,028 from £186,963 in January
  • Terraced houses - Down to £152,760 from £153,758 in January
  • Flats - Down to £97,805 from £98,120 in January

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How do Northumberland house prices compare to the UK average?

The fall in prices this month means Northumberland is still well below the UK average with typical property value in the nations reaching £287,506 in February.

In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 per cent month on month.

How much could your house be worth?

We have created this map for the North East so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Northumberland are the most expensive for average house prices.