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House Prices in DH4 House Prices in DH4 (Houghton Le Spring)

The average house price in DH4 (Houghton Le Spring) is £141,350 using HM Land Registry data.

The average property price increased by £36,279 (19.15%) over the last 5 years and increased by £7,269 (3.03%) over the last 12 months.

Over the last year, there were 224 residential property sales – a decrease of 62 transactions (-27.68%) relative to the previous year. The majority of house sales (69) were in the £70,000 - £114,000 range. Then came properties in the £114,000 - £158,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,653 (-3%).

In Oct 24, there were 83 new estate agency instructions, 58 agreed home sales and 64 property price reductions.

Nearby Postcodes: DH1, DH2, DH3, DH5, DH6, DH7, DH99, DL16, DL17, NE37, NE38, NE9, SR1, SR2, SR3, SR4, SR5, SR7, SR8, TS28, TS29

5-Year Average Property Prices in DH4 (Houghton Le Spring)

19.15%

Property prices in Houghton Le Spring increased by 19.15% 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 DH4 (Houghton Le Spring) Over the Last Year

3.03%

Property prices in Houghton Le Spring increased by 3.03% 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 DH4 (Houghton Le Spring) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 DH4 (Houghton Le Spring)

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 DH4 (Houghton Le Spring)

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 DH4 (Houghton Le Spring)

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 DH4 (Houghton Le Spring) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DH4 postcode area since 1995.

Recent Sales in DH4 (Houghton Le Spring)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Holly House, Westcott Terrace, Houghton Le Spring, Tyne And Wear, DH4 7EW£374,950£360,000-£14,95010 May 202416 Aug 202498 Days
20 Buckland Close, Houghton Le Spring, Tyne And Wear, DH4 5LH£89,950£62,000-£27,95011 Mar 202012 Aug 20241615 Days
48 The Meadows, Bournmoor, Houghton Le Spring, County Durham, DH4 6HG£274,950£272,500-£2,45014 May 202409 Aug 202487 Days
6 Ashdale, Houghton Le Spring, Tyne And Wear, DH4 7SL£325,000£308,500-£16,50005 Apr 202406 Aug 2024123 Days
29 Trinity Park, Houghton Le Spring, Tyne And Wear, DH4 4UL£210,000£210,000£0002 Nov 202326 Jul 2024267 Days
3 Dainton Close, Houghton Le Spring, Tyne And Wear, DH4 4XX£140,000£136,000-£4,00016 Feb 202415 Jul 2024150 Days
4 Bigbury Close, Houghton Le Spring, Tyne And Wear, DH4 4XP£275,000£270,000-£5,00018 Mar 202412 Jul 2024116 Days
13 Lanton Street, Houghton Le Spring, Tyne And Wear, DH4 7BA£115,000£113,000-£2,00020 Apr 202412 Jul 202483 Days
2 Best View, Houghton Le Spring, Tyne And Wear, DH4 7QW£89,950£84,000-£5,95018 Oct 202301 Jul 2024257 Days
47 Cottonwood, Houghton Le Spring, Tyne And Wear, DH4 7TA£215,000£214,000-£1,00006 Feb 202428 Jun 2024143 Days
19 Front Street West, Penshaw, Houghton Le Spring, Tyne And Wear, DH4 7EY£73,500£73,500£0008 Nov 202327 Jun 2024232 Days
15 Harwood Drive, Houghton Le Spring, Tyne And Wear, DH4 5NY£210,000£200,000-£10,00029 Mar 202426 Jun 202489 Days
Harwin, Wallace Street, Houghton Le Spring, Tyne And Wear, DH4 5BQ£320,000£310,000-£10,00016 Oct 202307 Jun 2024235 Days
21 Glamis Court, Woodstone Village, Houghton Le Spring, County Durham, DH4 6TR£85,000£83,000-£2,00002 Nov 202305 Jun 2024216 Days
22 Buckland Close, Houghton Le Spring, Tyne And Wear, DH4 5LH£90,000£90,000£0022 Dec 202303 Jun 2024164 Days
31 Kingston Mews, Houghton Le Spring, Tyne And Wear, DH4 4UW£280,000£270,000-£10,00002 Feb 202424 May 2024112 Days
5 Hutton Close, Houghton Le Spring, Tyne And Wear, DH4 5QB£169,950£169,950£0012 Jan 202424 May 2024133 Days
1 Tilbury Close, Philadelphia, Houghton Le Spring, Tyne And Wear, DH4 4XD£295,000£285,000-£10,00011 Sep 202324 May 2024256 Days
131 Whitefield Crescent, Houghton Le Spring, Tyne And Wear, DH4 7QX£210,000£195,000-£15,00015 Jan 202424 May 2024130 Days
15 Millers Hill, Houghton Le Spring, Tyne And Wear, DH4 7AJ£149,995£148,000-£1,99519 Jan 202422 May 2024124 Days

Most Expensive Streets in DH4 (Houghton Le Spring)

PostcodeStreetAreaAverageNo. of Sales
DH4 7SHSt Pauls DriveHoughton Le Spring£516,2666
DH4 4HHSunderland Road, NewbottleHoughton Le Spring£426,0005
DH4 7TUAspen Close, Shiney RowHoughton Le Spring£395,6663
DH4 7EROld PenshawHoughton Le Spring£368,3333
DH4 6DWMeadow Grange, New LambtonHoughton Le Spring£361,2504
DH4 7TZWeymouth DriveHoughton Le Spring£356,50012
DH4 6HHCastlefieldsHoughton Le Spring£349,7857
DH4 6NUNorth Street, West RaintonHoughton Le Spring£335,6124
DH4 6PPChantry Place, West RaintonHoughton Le Spring£333,3333
DH4 7SLAshdaleHoughton Le Spring£332,9717

Least Expensive Streets in DH4 (Houghton Le Spring)

PostcodeStreetAreaAverageNo. of Sales
DH4 6LNBlumer StreetHoughton Le Spring£40,8333
DH4 5DSBernard StreetHoughton Le Spring£53,8754
DH4 4ETCharles StreetHoughton Le Spring£55,6663
DH4 6ANSydney StreetHoughton Le Spring£55,9005
DH4 4DSLumley StreetHoughton Le Spring£57,5004
DH4 7BBRailway Terrace North, New HerringtonHoughton Le Spring£58,2318
DH4 4EAGertrude StreetHoughton Le Spring£60,6586
DH4 6JXEwe Hill TerraceHoughton Le Spring£61,7504
DH4 6JHMurray AvenueHoughton Le Spring£63,3333
DH4 7LHBarrack RowHoughton Le Spring£63,5166

Explore DH4 (Houghton Le Spring) using map

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