North East House Prices & Affordability
Monthly data sourced from HM Land Registry UK House Price Index and ONS Housing Affordability. Last updated: .
Avg Price
£161,389
▲ trending
Annual Change
+6.7%
Strong annual price growth
HPER (2024)
4.8×
House price ÷ median earnings
Overall Score
90/100
vs all UK regions
24-Month Price Trend
Average house price — monthly, HM Land Registry
Affordability Analysis
North East is one of the most affordable regions in the UK and prices are rising — a strong window for first-time buyers.
The house price to earnings ratio (HPER) of 4.8× means a median-priced home costs roughly 4.8 times the local median annual salary (data year: 2024). The UK average is typically 7–9×, with London often exceeding 12×.
At an average price of £161,389, North East scores 100/100 for affordability — highly affordable relative to other uk regions. Prices have changed by +6.7% over the past 12 months (strong annual price growth).
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Frequently Asked Questions
- What is the average house price in North East in 2026?
- The current average house price in North East is £161,389, based on the latest HM Land Registry UK House Price Index. Prices have changed by +6.7% over the past 12 months.
- Is North East affordable for first-time buyers?
- North East has a house price to earnings ratio (HPER) of 4.8×, meaning the average property costs roughly 4.8 times the local median annual salary. Highly affordable relative to other UK regions. The UK average HPER is typically 7–9×.
- How have house prices changed in North East over the past year?
- North East house prices rose by 6.7% over the past 12 months to an average of £161,389, according to HM Land Registry data updated monthly.
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