The top 5 most expensive places to live in the North East

The North East has a lot to offer, whether you’re interested in historical attractions, beautiful landscapes or cultural events.

Big cities in this region, where average property prices are £192,874, include Newcastle, Durham and Sunderland.

While you can buy a home for under £100,000 in some areas, it’ll set you back over £500,000 to buy in the most desirable neighbourhoods. 

Rightmove has discovered the priciest places to buy in the North East, based on data from May 2023.

Where are the most expensive areas to buy in the North East?

Ponteland

Ponteland is a town in Northumberland with an average asking price of £559,013. The nearest city is Newcastle, which is only 20 minutes away by bus.

The River Pont passes through the town, with plenty of boutique shops, restaurants and shops nearby.

Local attractions include Belsay Hall and Gardens and the longest stretch of Hadrian’s Wall.

Wynyard

Wynyard in County Durham has an average asking price of £499,249.

The area has a lot of woodland walks, including at Wynyard Woodland Park, making it ideal for families. You can get to the nearest city, Durham, within 90 minutes by public transport.

Tynemouth

Tynemouth is a coastal town in Northumberland, which is only 45 minutes from Newcastle by public transport and features many annual events. It has an average asking price of £437,599.

One of the town's biggest attractions is Tynemouth Longsands, a mile-long beach that offers stunning views and walks and a prime surfing spot. It’s also been used for Premier League training by Newcastle United.

Cleadon

Next on the list is Cleadon, a village in the Tyne and Wear, with an average asking price of £414,297.

The village is near the coast and countryside, including Seaburn Beach and Cleadon Hills. It’s a 20-minute journey to the nearest city, Sunderland.

Durham City Centre

Dubbed the ‘perfect little city’ by author Bill Bryson, Durham has an average asking price of £411,881.

There’s a lot to do in the city, including Durham Cathedral and local museums, as well as walks along the River Wear and in the Botanic Garden.

Buying a property is a life-changing decision, and many factors can affect where you choose to live, including house prices, public transport and the local area. 

Talking to a regulated mortgage broker can help you find the best deal and make the house-buying process less stressful.

See also:

The cheapest places to live in the North East

The most expensive places to live in the North West

The most expensive places to live in Yorkshire

The most expensive places to live in Scotland