House Prices in DH3 House Prices in DH3 (Chester Le Street)

The average house price in DH3 (Chester Le Street) is £152,967 using HM Land Registry data.

The average property price decreased by £12,899 (-29.52%) over the last 5 years and decreased by £2,584 (-4.35%) over the last 12 months.

Over the last year, there were 275 residential property sales – a decrease of 54 transactions (-19.64%) relative to the previous year. The majority of house sales (67) were in the £118,000 - £166,000 range. Then came properties in the £70,000 - £118,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 125 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,405 (-2%).

In January 2025, there were 76 new estate agency instructions, 48 agreed home sales and 45 property price reductions.

5-Year Average Property Prices in DH3 (Chester Le Street)

29.52%

Property prices in DH3 (Chester Le Street) increased by 29.52% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DH3 (Chester Le Street) Over the Last Year

4.35%

Property prices in DH3 (Chester Le Street) increased by 4.35% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for DH3 (Chester Le Street) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DH3 (Chester Le Street)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DH3 (Chester Le Street)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DH3 (Chester Le Street)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DH3 (Chester Le Street) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DH3 postcode area since 1995.

Recent Sales in DH3 (Chester Le Street)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Queensmere, Chester Le Street, County Durham, DH3 4DA£285,000£280,000-£5,00001 Jul 202417 Dec 2024169 Days
2 Union Court, Chester Le Street, County Durham, DH3 3PA£74,950£67,000-£7,95017 Nov 202216 Dec 2024760 Days
37 Leafield Close, Birtley, Chester Le Street, Tyne And Wear, DH3 1RX£340,000£337,500-£2,50021 Jun 202413 Dec 2024175 Days
53 Bewicke View, Birtley, Chester Le Street, Tyne And Wear, DH3 1RU£425,000£415,000-£10,00008 May 202412 Dec 2024218 Days
8 Grasmere, Birtley, Chester Le Street, Tyne And Wear, DH3 2JZ£195,000£192,000-£3,00023 Jul 202406 Dec 2024136 Days
7 Jacksons Place, Birtley, Chester Le Street, Tyne And Wear, DH3 1LF£360,000£354,000-£6,00016 Sep 202404 Dec 202479 Days
20 Cooperative Street, Chester Le Street, County Durham, DH3 3EX£90,000£85,000-£5,00019 Jun 202425 Nov 2024159 Days
45 Glamis Villas, Birtley, Chester Le Street, Tyne And Wear, DH3 1JZ£112,500£112,500£005 Aug 202422 Nov 2024109 Days
17 Seven Acres, Great Lumley, Chester Le Street, County Durham, DH3 4JS£119,950£116,150-£3,80020 Mar 202422 Nov 2024247 Days
18 Highfield Gardens, Chester Le Street, County Durham, DH3 3UL£230,000£220,000-£10,00009 Jan 202421 Nov 2024317 Days
172 Highfield Rise, Chester Le Street, County Durham, DH3 3UY£270,000£262,000-£8,00002 Apr 202415 Nov 2024227 Days
10 Featherstone, Great Lumley, Chester Le Street, County Durham, DH3 4NB£190,000£185,000-£5,00023 Jul 202415 Nov 2024115 Days
10 Hopgarth Court, Chester Le Street, County Durham, DH3 3SE£75,000£69,000-£6,00022 Nov 202312 Nov 2024356 Days
34 Tamerton Drive, Birtley, Chester Le Street, Tyne And Wear, DH3 2LX£145,000£143,500-£1,50026 Apr 202407 Nov 2024195 Days
3 Picktree Cottages East, Chester Le Street, County Durham, DH3 3RR£150,000£146,000-£4,00027 Aug 202407 Nov 202472 Days
7 York Court, Chester Le Street, County Durham, DH3 3NT£115,000£105,000-£10,00008 May 202401 Nov 2024177 Days
31 Crathie, Birtley, Chester Le Street, Tyne And Wear, DH3 1QJ£55,000£55,000£020 Apr 202428 Oct 2024191 Days
32 Gladstone Terrace, Birtley, Chester Le Street, Tyne And Wear, DH3 1DR£139,950£139,006-£94427 Jun 202425 Oct 2024120 Days
14 Lumley Terrace, Chester Le Street, County Durham, DH3 3NQ£180,000£172,500-£7,50015 Aug 202425 Oct 202471 Days
9 Poplar Terrace, Chester Le Street, County Durham, DH3 3QJ£114,950£114,950£025 Jul 202423 Oct 202490 Days

Most Expensive Streets in DH3 (Chester Le Street)

PostcodeStreetAreaAverageNo. of Sales
DH3 3QXThe Parks, Chester Le Street, DurhamChester Le Street£525,0005
DH3 4BANorth Lodge, Chester Le Street, DurhamChester Le Street£468,2683
DH3 1RDNorthside, BirtleyChester Le Street£461,2438
DH3 4DGLongdean Park, Chester Le Street, County DurhamChester Le Street£449,7504
DH3 4AFBlind Lane, Chester Le Street, County DurhamChester Le Street£434,1254
DH3 4DFLongdean Park, Chester Le Street, DurhamChester Le Street£426,2504
DH3 3QSBradman Drive, Chester Le Street, DurhamChester Le Street£400,0004
DH3 3LRThe Parade, Chester Le Street, County DurhamChester Le Street£391,1663
DH3 3QTMilburn Close, Chester Le Street, DurhamChester Le Street£378,6874
DH3 2EQGrange Cottage Close, Pelaw GrangeChester Le Street£343,3333

Least Expensive Streets in DH3 (Chester Le Street)

PostcodeStreetAreaAverageNo. of Sales
DH3 1PFOrchard Park, BirtleyChester Le Street£39,7505
DH3 1EBQueen Street, BirtleyChester Le Street£47,7504
DH3 3PAUnion Court, Chester Le Street, County DurhamChester Le Street£58,31311
DH3 1EDQueen Street, BirtleyChester Le Street£58,7647
DH3 3DWPine Street, Chester Le Street, DurhamChester Le Street£60,5004
DH3 3DRAlbert Street, Chester Le Street, County DurhamChester Le Street£64,8624
DH3 4QNLincoln Walk, Great LumleyChester Le Street£65,3068
DH3 3DPVictor Street, Chester Le Street, DurhamChester Le Street£65,4938
DH3 3SEHopgarth Court, Chester Le Street, DurhamChester Le Street£65,9927
DH3 1DXMorris Street, BirtleyChester Le Street£66,8124

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