Teesside saw a rise in luxury home sales in 2024, with nine properties selling for over £1 million. The most expensive home was 12 Tees Bank Avenue in Eaglescliffe, Stockton, which sold for £1.5 million in April. The increasing demand for high-end properties highlights the region’s growing real estate market.
Teesside’s Most Expensive Homes in 2024
Several prime locations in Stockton, Yarm, and Saltburn saw million-pound home sales. Here’s a look at the top-selling properties in Teesside last year:
Property | Location | Price |
---|---|---|
12 Tees Bank Avenue | Stockton | £1.5 million |
Leven Bank, Leven Bank Road | Yarm | £1.4 million |
9 Hawthorn Grove | Yarm | £1.4 million |
548 Yarm Road | Stockton | £1.3 million |
Seaview, Runswick | Saltburn-By-The-Sea | £1.2 million |
Serenity Rise, Blue Barn Lane | Yarm | £1.1 million |
Thornton Bridge Farm, Seamer Road | Middlesbrough | £1.1 million |
Earsdale, Church Lane | Nunthorpe, Middlesbrough | £1.1 million |
71 Forest Lane | Yarm | £1.1 million |
These sales indicate a strong demand for luxury properties in Teesside, particularly in Yarm, Stockton, and Middlesbrough, which continue to be sought-after locations.
The UK’s Most Expensive Home Sales in 2024
While Teesside had its share of high-value property sales, the most expensive home sold in England and Wales was in London’s Kensington district.
The top-selling property of 2024 was 14 Cottesmore Gardens, which sold for a staggering £30 million in March. The property was previously owned by Conrad Black, a former member of the House of Lords who was pardoned by Donald Trump in 2019 after a fraud conviction.
Here are the top 10 most expensive home sales in England and Wales in 2024:
Property | Location | Price |
---|---|---|
14 Cottesmore Gardens | Kensington and Chelsea | £30 million |
21 Chesham Place | Kensington and Chelsea | £28 million |
20 The Vale | Kensington and Chelsea | £26.1 million |
60 Curzon Street | City of Westminster | £24 million |
47 Elsworthy Road | Camden | £22.5 million |
60 Curzon Street | City of Westminster | £21.5 million |
15 Kensington Park Gardens | Kensington and Chelsea | £20.5 million |
11 Albert Place | Kensington and Chelsea | £18.8 million |
11 The Little Boltons | Kensington and Chelsea | £18.7 million |
Ashburton House, 7 Rutland Gardens | City of Westminster | £18.5 million |
As expected, London dominated the list, with properties in Kensington, Chelsea, Westminster, and Camden selling for astronomical prices.
North-East’s Most Expensive Homes
In the North-East, the most expensive sale was a detached home in Jesmond, Newcastle, which sold for £2 million. Other high-value properties were located in Washington and Newcastle.
Property | Location | Price |
---|---|---|
18 Granville Road | Newcastle Upon Tyne | £2 million |
Picktree Manor | Washington | £1.9 million |
62 Darras Road | Newcastle Upon Tyne | £1.9 million |
7 Crossfell Gardens | Choppington | £1.8 million |
80B Western Way | Newcastle Upon Tyne | £1.8 million |
14 Furzefield Road | Newcastle Upon Tyne | £1.7 million |
30 The Grove | Newcastle Upon Tyne | £1.6 million |
1 Furzefield Road | Newcastle Upon Tyne | £1.6 million |
146 Runnymede Road | Newcastle Upon Tyne | £1.5 million |
12 Tees Bank Avenue | Stockton-On-Tees | £1.5 million |
These sales show that while London remains the leader in luxury property transactions, the North-East and Teesside are seeing a growing market for high-end homes.
The real estate market in Teesside saw several million-pound property sales in 2024, demonstrating rising demand for luxury homes in the region. While London continues to dominate the UK’s most expensive property transactions, the North-East market is steadily growing, with homes in Newcastle, Yarm, and Stockton reaching impressive price points.
The housing market trends suggest that buyers are willing to invest in premium properties, with Teesside and Newcastle gaining traction as desirable locations for high-value homes. With property prices on the rise, these areas are set to remain key players in the UK’s luxury real estate market.
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