Sell your house fast in
Durham
Sell House Quickly - We Guarantee a Fast Sale!
House buyers Durham, we buy any home!
The experts at The Property Buying Company understand that selling a house can be quite a stressful process.
The Durham property market
Prices, rents, yields, growth & much more for the city of Durham
Durham is a quaint city nestled in the heart of county Durham. One of the most popular cities in the northeast, Durham has a rich and varied history, with roots stretching all the way back to roughly 2000 BC. With great Transport links in and around the city, as well as to Newcastle, London Kings Cross, and Edinburgh Waverley, it's easy to see the appeal of Durham.
Home to Durham Castle and Durham Cathedral, both UNESCO World Heritage Sites, there is plenty to see and do in the administrative centre of the County Durham District. With a bustling city centre, independent shops, cafes, bars, and restaurants, modern-day Durham is well known as a city of culture and charm.
According to the 2021 census, Durham has a population of 522,100, a 6.3% increase since 2011, and is the largest census population ever recorded. This dramatic increase in population is down to a variety of factors, such as Durham's great location, local market prices, community, and amenities.
Local expert knowledge and help
According to data from Rightmove, the average price of a property in Durham over the last year was £188,259.
The most popular type of property sold in Durham were semi-detached properties which sold for an average price of £157,557.
Terraced properties in Durham fetched an average price of £143,096 and detached properties sold for an average of £341,745.
Overall, the sold prices in Durham were 7% down on the previous year and 5% down on the 2020 peak of £198,420.
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Is now a good time to buy or sell a house in Durham?
Absolutely! There is no time like the present and there has been no better time to get your property on the market. Whether you are a first-time buyer, a hardened property investor, or just looking for a family home, there are plenty of Durham properties for you buy or invest in.
A rapidly expanding city, there is plenty of redevelopment occurring in the city. New schools, office, leisure, and retail spaces are all in the works for the city centre and wider afield.
We will buy any UK property, from a detached family house on the outskirts of Durham to a city centre apartment, from a property in pristine condition to one needing a complete refurbishment. The location and shape of your property won't deter us from helping you sell your house fast — in as little as seven days.
Areas in Durham we buy
We can purchase your home anywhere in the Durham area, in fact we can purchase homes anywhere in England, Wales & most of Scotland! We've pulled together a list of some of the most common areas in which we get enquiries in the Durham area:
Bishop Middleham
Coundon
Kirk Merrington
Thornley
West Rainton
Byers Green
Coxhoe
Lanchester
Trimdon
Willington
Chester-le-street
Croxdale
Langley Park
Trimdon Grange
Wingate
Cornforth
Haswell
Sacriston
Ushaw Moor
Where are the best areas to live in Durham?
A popular residential area in Durham, Crossgate is one of the oldest parts of Durham city full of Victorian terraces. Boasting a pancake cafe, pubs, shops, and proximity to the city centre, it is easy to see the appeal of Crossgate living.
🞂 Allergate
Located in the Elvet and Gilesgate district in Durham, Allergate is a residential area of mostly terraced housing popular with people living in the city. Ideal for commuters due to its close proximity to the train station, Allergate is also popular with those looking to move to Durham due to the number of shops, bars, restaurants, and cafes nearby.
🞂 Gilesgate
Situated just outside of the main city centre, Gilesgate offers city living whilst providing a taste of small-town life, with its own local amenities such as supermarkets and retail parks, Gilesgate is perfect for those who are looking for city living with a quieter feel.
🞂 South Bailey
South Bailey is a picture-perfect area of Durham, close to the cathedral and castle, and with cobbled stones on your doorstep, there's no wonder that house prices in the area are higher than the rest of Durham.
🞂 North End
Another highly sought-after area of Durham, North End is made up of mostly large detached and semi-detached houses. Close enough to access the train station and city centre, but far out enough to feel like village living, North End is a firm favourite for those looking to move to Durham.
We’ll buy any type of UK property, either a detached family house or a city centre apartment, we are in a position to make a cash offer and complete a fast sale.
The location of your property and the condition it is in won’t deter us from helping you achieve a quick house sale – whether the property is in the middle of nowhere or the city centre, in pristine condition or in need of a full refurbishment, we will buy any house quickly.
Selling a house in Durham: Your Selling Options
Local Durham Estate Agents:
Local Durham estate agents will provide you with a service that covers the marketing and negotiations of your house sale.
They will often use online property portals such as Rightmove and Zoopla to advertise your property and will help you sort and arrange viewings of your property.
What fees do estate agents charge?
Estate agents in Durham will charge, on average, 3%+VAT of your original asking price. This is without taking into account any hidden costs or packages that go towards marketing and negotiating on your behalf.
Are estate agent valuations accurate?
Local estate agents in Durham will have valuations that vary from estate agent to estate agent. The biggest factor at play will be the honesty of your Durham estate agent, who may overvalue your property in order to gain your business.
This will mean that if you go with this estate agent and then struggle to sell, you will be stuck on the open market for months.
How long do estate agents take to complete a house sale?
According to data from Home.co.uk, it takes an average of 172 days to sell a Durham property via an estate agent.
Durham Property Auction
If you have a slightly unusual house that you are looking to sell, then a Durham property auction could be for you.
When it comes to a house auction Durham, you will need to get familiar with the difference between a guide price and a reserve price as these are set for each lot.
A guide price is a lot like a valuation, it is the price that the auction house or the seller thinks the house is worth.
A reserve price, on the other hand, is the minimum amount a seller is willing to accept for the property, but this figure is often kept quiet.
A guide price for a lot is like a valuation. It's the price that an auction house or the seller thinks the property is worth. A reserve price on a lot is the minimum payment that the vendor will accept, but this is usually kept private.
How much do auctions charge to sell your house?
To sell at a house auction in Durham, you should expect to pay around £300 to put your home into the auction on top of the 2.5%+VAT of the selling price alongside a further charge from any additional services like marketing and negotiations.
Can anyone sell a house at auction?
Yes they can. Whilst property auctions are often favoured by those with unusual properties, any property can be sold at auction.
However when you sell at auction you run the risk of not selling at all. Most bidders at an auction are developers or investors looking to buy a property that needs modernisation, so there may be better routes than selling your family home on auction.
Are houses sold at auction cheaper?
Usually, a house on auction in Durham, will sell for as little as 70% below the market value, but occasionally they can sell for 10% more. The average is about 85-90% below market value.
How long does conveyancing take with a cash buyer?
The conveyancing timeline can vary from house sale to house sale, however the average waiting time is between 6 to 8 weeks depending on the relationship and quality of the solicitor. As a special thank you for selling with us, we will cover all of your solicitors co
Durham Cash Buyers
For those who need a quick sale, property cash buyers offer a speedy process including valuation, sale processing, and payment.
After the acceptance of a cash offer, payments are typically processed within a few days.
How the buying process works if you’re a cash buyer?
A cash buyer In Durham is a company or person who can purchase your property without the need for a loan or mortgage to be able to complete the sale. You will still need to hire a conveyancer, which will be the longest part of the house selling journey.
How long does it take for a cash buyer to complete?
Durham home buying companies will often complete a sale within two months of accepting an offer on a property. Here at The Property Buying Company, we can buy your property in as little as seven days, and then it is over to the conveyancer to complete the process.
Do you need a solicitor if you are a cash buyer?
If you sell your home to a property purchasing company in Durham, then you will still need to hire a solicitor. Your solicitor will carry out the legal side of the house sale and ensure that the sale progresses smoothly.
How long does conveyancing take with a cash buyer?
The conveyancing timeline can vary from house sale to house sale, however the average waiting time is between 6 to 8 weeks depending on the relationship and quality of the solicitor. As a special thank you for selling with us, we will cover all of your solicitors co
Why choose us over Durham estate agents?
Benefits of a cash buyer
No estate agent fees - As Durham cash buyers there are no estate agent fees involved in our buying process. When you accept a cash offer from us that is the amount you get in cash, if the house sale goes over the agreed price, then that goes to us.
No Legal Costs - As a cash buyer in Durham, when you sell with us we cover all of the legal fees associated with selling a house for you, as a little thank you for choosing us.
No Hidden Fees - Another benefit of using a cash buyer in Durham is that there are no hidden fees with our service. When you sell with us we are honest, transparent, and upfront.
Sell in your Own Timeline - Whilst we are fast property buyers in Durham, we can sell in a timeline that suits you, whether that's 7 days or 3 months.
How we can help
There are many reasons why you may want to sell your Durham based property through a sell house fast company, besides wanting a fast and free sale. People may also sell through a sell house fast company in circumstances such as:
How to prepare your Durham property for a sale
Durham is a historic city, with plenty of local hidden gems and amenities, as well as great transport links in and around the city.
However, the average selling time for a Durham property is 171 days, which if you are looking for a quick house sale in Durham is not ideal. We have compiled our top tips for generating interest in your Durham property:
🞂 General maintenance:
One of the best ways you can generate interest for your Durham home is by giving it a deep clean. Make sure that you go through each room in your home, decluttering and tidying as you go. Leave no sofa cushion unturned and no surface unclean. A budget-friendly way that you can maintain and freshen up a room is by giving any tired-looking walls a fresh coat of paint. By following these simple steps, you can help the buyer to imagine themselves living in your property.
🞂 General repairs:
Another way you can help to generate interest in your Durham home is by taking care of any general repairs that need doing in your home.
Repairs that need making would be any unfinished DIY projects, loose tiles, any walls that need a fresh coat of paint, carpets that need replacing, or any mould spots around the home that need removing.
A well cared for home will impress buyers and encourage them to want to buy.
🞂 Garden maintenance:
If you have a Durham property with a garden, then increasing your kerb appeal is a simple way to help boost interest in your home.
Whether it's through mowing the lawn, planting new flowers, adding garden furniture, cleaning the patio, or repainting garden fences, these simple tasks can help quickly generate interest in your home.
🞂 Sell to us:
By selling your Durham property to us, you are ensuring that you can sell your house fast in Durham.
We will buy your property in as little as seven days, pay all the legal fees usually associated with selling your property, and handle all marketing and negotiations, ensuring that the entire process is as hassle-free as possible.
Frequently Asked Questions
How do you value my property?
The initial offer that you will receive from us is provided with the information you provide us about your property paired with our own market research around the area. If you are happy with our ballpark figure, we will then send one of our Regional Manager to visit the property itself which will, in turn, allow us to provide a more concrete offer.
What are the benefits to selling through a sell house fast company?
There are several benefits to selling using a sell house fast company like ourselves, but mostly it's that you can sell your home in as little as seven days for cash, it's entirely hassle-free, and everything is handled for you.
How quickly can I sell my house to you?
We can buy your home in as little as seven days in Durham; however, we know this may not work for some, so we can operate to a timescale that best suits you.
Can I trust you?
Of course! We are proud members of two regulatory boards, the National Association of Property Buyers (NAPB) & The Property Ombudsman (TPO). And we like to think that our reviews speak for themselves, with over 1,000 5-star reviews rating us as excellent on Trustpilot, you can feel safe in our hands.
Help & Advice
If you're interested in finding out more about our service and how it works, then you can view some of these informative guides and service pages:
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