Property trends for DH1

    DH1 covers Durham city centre and its immediate surroundings in County Durham, in the North East of England. It is a mixed community with a significant student population and diverse housing stock, reflecting both its role as a university town and a historic market centre.

    At a Glance

    Average Property Price - DH1

    £263,372

    31

    National percentile

    Average Monthly Rent - DH

    £642

    1

    National percentile

    Average Net Household Income - DH1

    £39,986

    58

    National percentile

    Flat / Maisonette Yield - DH

    6.2%

    85

    National percentile

    10-Year Annualised Price Growth - DH1

    1.9%

    8

    National percentile

    10-Year Annualised Rent Growth - DH

    3.1%

    6

    National percentile

    Property Price & Volume Trends

    The average property price in DH1 stands at £263,000, placing it below the national average. Over the past decade, prices have grown at 1.9% per year—among the slowest rates nationally. Transaction volume has declined to 448 sales in the latest full year, down from a 10-year average of 614 annually, reflecting reduced market activity.

    Rent & Yield Trends

    Average monthly rent across the broader DH postcode is £642, among the lowest in the country. Rental growth over the past decade has averaged 3.1% per year, well below the national pace. The current flat yield of 6.2% sits above its 10-year average of 5.1%, indicating an improvement in rental returns relative to property values.

    Income & Affordability Trends

    Average net household income in DH1 is £40,000, slightly above the national median. The price-to-income ratio of 6.2x has improved considerably since 2016 (when it stood at 7.1x), making property purchase more affordable relative to earnings. Rental affordability has also strengthened: the rent-to-income ratio has fallen to 17.8% from 20.2% in 2016, suggesting rents now consume a smaller share of household income.

    Resident Demographic Profile

    The population is heavily skewed towards young adults, with those aged 16–24 representing 36.9%—far above the national average of 11.0%—reflecting the dominant student population. Conversely, those aged 25–34 account for just 9.8%, well below the national 13.4%. The professional workforce is notably strong at 31.4% compared to the national 20.5%, while trades workers are underrepresented at 6.8% against the national 10.5%. Ownership patterns are relatively balanced, with 36.5% owning outright and 25.3% in both mortgaged and private rented tenure.

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