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The numbers, dated and sourced

Statistics in this sector are frequently quoted without a date or a source, which makes them impossible to check. Everything on this page carries both. Where a figure is indicative rather than an official published series, we say so.

Key facts at a glance

  • County Durham average house price £137,000 against a UK average of £271,000 (ONS/HM Land Registry, May 2026).
  • County Durham affordability ratio 4.0× earnings, against 7.54× for England & Wales and 10.6× for London.
  • Durham County Council has roughly 10,000 households on its housing register against about 3,000 lettings a year.
  • Households in temporary accommodation in County Durham rose from about 48 (2018/19) to about 140 (early 2025).
  • Durham BRMA Local Housing Allowance, 2-bedroom: £92.05 per week (April 2026 – March 2027).
  • Supported and exempt accommodation is assessed against actual eligible costs, not capped at the LHA rate.

1. National housing need

1M+
People on English local authority housing waiting lists
300k
New affordable homes needed in England each year
317
Local authorities in England with housing responsibilities
№1
Housing affordability as a social infrastructure challenge

Figures drawn from UK government and housing-sector statistics; indicative as at 2026 and subject to periodic revision. These are widely quoted sector figures rather than a single official published series, and should be re-checked against the current source before being relied on in published material.

2. County Durham house prices

MeasureValueChangeSourceAs at
County Durham — average house price£137,000+4.4% year on yearONS / HM Land Registry UK House Price IndexMay 2026
North East — average house price£164,000ONS / HM Land Registry UK HPIMay 2026
United Kingdom — average house price£271,000ONS / HM Land Registry UK HPIMay 2026
County Durham — terraced£114,000ONS / HM Land Registry UK HPIMay 2026
County Durham — semi-detached£138,000ONS / HM Land Registry UK HPIMay 2026
County Durham — detached£234,000ONS / HM Land Registry UK HPIMay 2026
County Durham — first-time buyer average£122,000ONS / HM Land Registry UK HPIMay 2026

The gap between the County Durham average and the UK average is the arithmetic that makes an income-led strategy possible. A fully refurbished freehold house here costs a fraction of equivalent stock in southern England, which is the denominator of every yield calculation. See how the yield is built →

3. County Durham private rents

MeasureValueChangeSourceAs at
County Durham — average private rent£641 / month+6.1% year on yearONS Price Index of Private RentsJune 2026
County Durham — 1-bedroom£450 / monthONS Price Index of Private RentsJune 2026
County Durham — 2-bedroom£571 / month+6.7% year on yearONS Price Index of Private RentsJune 2026
County Durham — 3-bedroom£683 / monthONS Price Index of Private RentsJune 2026
County Durham — terraced£673 / monthONS Price Index of Private RentsJune 2026

Open-market private rents are shown as market context. Transitional and supported housing income is not derived from open-market rents — it is derived from government-funded housing-cost payments assessed under different rules.

4. Local Housing Allowance — Durham BRMA

CategoryWeekly rateMonthly equivalent
Shared accommodation£90.50£393.28
1 bedroom£90.50£393.28
2 bedrooms£92.05£399.98
3 bedrooms£109.32£474.99
4 bedrooms£151.86£659.85

Durham Broad Rental Market Area, 1 April 2026 – 31 March 2027. Source: DWP / Valuation Office Agency. Most County Durham properties fall within the Durham BRMA, but the applicable BRMA should be confirmed by postcode for each specific property.

Important qualification. Local Housing Allowance caps housing support for most private renters. Supported and exempt accommodation is assessed differently — against actual eligible costs rather than the LHA cap — which is why LHA rates here are market context rather than a ceiling on this sector's income. This does not mean income is guaranteed or unlimited: eligibility, funding rules, local authority scrutiny and operational performance all apply. See the risk page.

5. Housing need in County Durham

FigureMeasureSource
~10,000Households on the Durham County Council housing registerDurham County Council
~3,000Social lettings made per year in County DurhamDurham County Council
2,011Assessed local housing need, homes per yearDurham County Council Local Plan
~140Households in temporary accommodation, early 2025 (from ~48 in 2018/19)Durham County Council
£806,179Temporary accommodation cost 2022/23 (from £10,343 in 2016/17)Durham County Council

The ratio that matters is roughly 10,000 households on the register against about 3,000 lettings a year. That gap is why local authorities work with compliant private partners, and it is structural rather than cyclical — it is driven by a statutory duty and a long-term supply shortfall, not by market sentiment.

6. Affordability ratios

AreaHouse price to earnings ratio
County Durham4.0×
North East5.0×
England & Wales7.54×
London10.6×

House price to workplace-based earnings ratios; ONS-derived, most recent available at time of writing (2026).

7. Public and regional investment

AmountCommitmentSource
Up to £20mPride in Place funding for Stanley South over 10 years from 2026Durham County Council / UK Government
£4.2bnNorth East devolution deal over 30 years, including a £1.4bn investment fundNorth East Combined Authority
£160mNorth East Investment Zone, targeting around £3bn of private investmentNorth East Combined Authority
£2.5mStanley bus station investmentNorth East Combined Authority
£900mMetro extension to WashingtonNorth East Combined Authority
8,000–9,000Jobs at Aycliffe Business Park, Newton AycliffeDurham County Council

Announced funding commitments as reported by the relevant authorities in 2026. Announced funding is not delivered funding — timescales, phasing and final allocations change, and first substantive Pride in Place payments for Stanley South are expected from around March 2027.

8. Operational data from the portfolio

The figures below are historic operational data from the Myshon portfolio, provided so you can see what the model has actually delivered. They are not a forecast and not a guarantee of future performance.

99%
Occupancy — 600-unit transitional sample, 12 months
95%
Occupancy across the whole portfolio
100%
Rent collection on the sample
~1wk
Typical void per year
~80
Tenant placements per week nationally
18–24m
Average tenant stay
~£25
Average maintenance spend per unit per week
11,000+
Homes under Myshon management

Historic portfolio data. The 99% figure relates to a 600-unit transitional housing sample over 12 months; 95% relates to the whole portfolio. The two are distinct and should not be conflated. Historic operational data is not a guarantee of future performance.

9. Using these figures

You are welcome to cite this page. If you do, please carry the date and the source with the number — that is the whole point of it. Where you need a figure for a regulated document, go to the primary source: ONS and HM Land Registry for prices and rents, DWP and the Valuation Office Agency for Local Housing Allowance, and the relevant local authority for housing-register and temporary-accommodation data.

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