The top 5 most expensive places to live in the North East
Interested in buying a property in the North East? We reveal the top five most expensive areas to live.
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 £193,566, include Newcastle, Durham and Sunderland.
While you can buy a home for around £100,000 in some areas, it can 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 April 2024.
Where are the most expensive areas to buy in the North East?
| Area | Average asking price |
|---|---|
| Ponteland | £581,513 |
| Durham City Centre | £398,443 |
| Jesmond | £360,050 |
| North Gosforth | £339,395 |
| Whitley Bay | £337,352 |
Ponteland
Ponteland is a town in Northumberland with an average asking price of £581,513. 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.
Durham City Centre
Dubbed the ‘perfect little city’ by author Bill Bryson, Durham has an average asking price of £398,443.
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.
Jesmond
Jesmond is a suburb a few miles outside Newcastle city centre, with an average asking price of £360,050.
The area features many independent shops, restaurants and green spaces, including Jesmond Dene, a wooded valley.
It's a 20-minute drive from the city centre and 45 minutes from Sunderland by public transport.
North Gosforth
Further out from Jesmond is North Gosforth, another suburb with an average asking price of £339,395.
It has nearby green spaces and modern amenities and is just over half an hour from Newcastle's city centre.
Whitley Bay
Whitley Bay is a seaside town with an average asking price of £337,352.
It has many family-friendly attractions, including a water park, arcades, mini golf and Whitley Bay Beach.
The town is 40 minutes from Newcastle by public transport.
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
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