2023 Darlington Property Market: A Detailed Snapshot for Buyers and Sellers

6th December 2023
Home > News > 2023 Darlington Property Market: A Detailed Snapshot for Buyers and Sellers

Stay in touch with Darlington property market

As a local estate agent, we understand the pulse of Darlington's property market. This year, we've seen some fascinating trends and standout sales, and at Anthony Jones Properties we want to help you get your head around what is happening in your local property market.

 

Let’s explore what makes Darlington’s market tick in 2023, or at least up until 22nd of September 2023, which is the most recent sale recorded by HM Land Registry.

Average Property Prices

The average property price in Darlington stands at about £165,370, offering a range of affordable options for buyers. This average price point is indicative of the market's accessibility to a diverse range of buyers.

 

According to HM Land Registry, a total of 965 property transactions concluded as of 22nd of September, although of course, this might not be the full range of sales, even for this time-frame. It can take up to six months for sales to appear on the land registry, so there are always some limitations in dealing with this information.

Favourite Among Buyers: Terraced Houses

Terraced houses are the stars of 2023, leading the way in popularity. Their appeal lies in their blend of affordability, space, and community feel, perfect for a variety of homeowners.

 

  • Terraced property: 412 sales
  • Semi-Detached property: 340 sales
  • Detached property: 125 sales
  • Flats: 65 sales
  • Other: 23 sales

 

The average price paid for each property type is as follows:

  • Detached property: Average price is approximately £291,049.
  • Flats: Average price is approximately £111,024.
  • Other: Average price is approximately £466,028.
  • Semi-Detached property: Average price is approximately £164,662.
  • Terraced property: Average price is approximately £119,614.

 

High-Value Sales

Darlington's property scene isn't just about affordability. 2023 has seen some premium sales too. The group of Other properties features a number of outliers such as Whessoe Technology Centre, which sold for £3.6 million at Alderman Best Way and a £1.15 million business centre called North Point in Faverdale North. These high-value sales showcase Darlington's appeal to the luxury market.

 

Focusing solely on property types, the five most expensive property deals in Darlington, all featuring Detached properties, are as follows:

 

Street or Property: The Granary, Low Middleton

Price Paid: £865,000

 

Street: Walworth Road

Price Paid: £700,000

 

Street: Staindrop Road

Price Paid: £685,800

 

Street or Property: The Green

Price Paid: £680,000

 

Street: Winston Road

Price Paid: £670,000

 

The Buzzing Street: Woodland Road

Woodland Road emerges as the hotspot with the most sales over the analysed period of time:

 

  • Total Number of Sales: 10 sales took place.
  • Highest Price: The highest price for a property was £145,000.
  • Lowest Price: The lowest price for a property was £53,500.
  • Average Price: The average price for properties sold was approximately £81,995.

Darlington’s property market in 2023 is a tapestry of affordable homes, popular terraced houses, and a few luxury gems. Whether you're looking to buy your first home or seeking a premium property, Darlington offers something for everyone.

Contact Anthony Jones for all Darlington property matters

If you are looking for help with any matter of the Darlington property market, it is best to speak to property professionals. No one knows for sure what is going to happen next, so we won’t claim to have all the answers, but the Anthony Jones team is keen to help you as best we can. If you would like to contact us over housing matters, please call us today on 01325 776424.


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