FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in DH8

House Prices in DH8 House Prices in DH8 (Consett)

The average house price in DH8 (Consett) is £164,317 using HM Land Registry data.

The average property price increased by £40,024 (36.79%) over the last 5 years and increased by £8,019 (5.17%) over the last 12 months.

Over the last year, there were 343 residential property sales – a decrease of 115 transactions (-33.53%) relative to the previous year. The majority of house sales (97) were in the £104,000 - £148,000 range. Then came properties in the £60,000 - £104,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,029 (-3%).

In Oct 24, there were 99 new estate agency instructions, 68 agreed home sales and 70 property price reductions.

Nearby Postcodes: , CA8, CA9, DH1, DH2, DH6, DH7, DH9, DH97, DH98, DH99, DL12, DL13, DL14, DL15, DL16, DL2, NE11, NE15, NE16, NE17, NE18, NE21, NE39, NE40, NE42, NE43, NE44, NE45, NE46, NE47, NE48, NE49

5-Year Average Property Prices in DH8 (Consett)

36.79%

Property prices in Consett increased by 36.79% 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 DH8 (Consett) Over the Last Year

5.17%

Property prices in Consett increased by 5.17% 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 DH8 (Consett) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 DH8 (Consett)

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 DH8 (Consett)

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 DH8 (Consett)

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 DH8 (Consett) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DH8 postcode area since 1995.

Recent Sales in DH8 (Consett)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
44 Fenwick Way, Consett, County Durham, DH8 5FD£220,000£216,000-£4,00018 Jul 202409 Aug 202422 Days
14 Cort Street, Consett, County Durham, DH8 5SY£139,950£132,500-£7,45002 Feb 202406 Aug 2024186 Days
36 Ford Street, Consett, County Durham, DH8 7AE£89,950£85,000-£4,95021 Dec 202101 Aug 2024954 Days
59 Hallgarth, The Grove, Consett, County Durham, DH8 8BL£180,000£160,000-£20,00020 Feb 202424 Jul 2024155 Days
4 Cardoon Road, Consett, County Durham, DH8 6GG£157,500£155,000-£2,50002 Mar 202419 Jul 2024139 Days
29 Ford Street, Consett, County Durham, DH8 7AE£125,000£110,000-£15,00020 Mar 202419 Jul 2024121 Days
32 Second Street, Watling Street Bungalows, Consett, County Durham, DH8 6HP£120,000£110,000-£10,00005 Feb 202418 Jul 2024164 Days
12 East Law, Consett, County Durham, DH8 0QJ£345,000£340,000-£5,00023 Feb 202416 Jul 2024144 Days
23 Ritsons Road, Consett, County Durham, DH8 0AN£104,950£104,950£0026 Apr 202412 Jul 202477 Days
18 Mountside, Consett, County Durham, DH8 0DP£275,000£270,000-£5,00026 Aug 202312 Jul 2024321 Days
28 Barley Mill Crescent, Consett, County Durham, DH8 8JX£180,000£180,000£0020 Feb 202412 Jul 2024143 Days
9 Bradley Cottages, Consett, County Durham, DH8 6JZ£89,950£85,000-£4,95022 Mar 202405 Jul 2024105 Days
97 Langdon Close, Consett, County Durham, DH8 7NG£279,995£276,500-£3,49505 Sep 202321 Jun 2024290 Days
193 Durham Road, Leadgate, Consett, County Durham, DH8 7QZ£117,000£115,000-£2,00029 Mar 202421 Jun 202484 Days
53 Highsteads, Medomsley, Consett, County Durham, DH8 6QB£210,000£210,000£0011 Mar 202414 Jun 202495 Days
7 Summerdale, Consett, County Durham, DH8 0ET£224,950£216,500-£8,45024 Jan 202414 Jun 2024142 Days
70 Sunningdale, Delves Lane, Consett, County Durham, DH8 7AU£150,000£150,000£0023 Jan 202412 Jun 2024141 Days
8 Briarside, Blackhill, Consett, County Durham, DH8 0AS£349,995£349,995£0021 Feb 202407 Jun 2024107 Days
23 Fines Road, Consett, County Durham, DH8 6QR£230,000£225,500-£4,50010 Oct 202305 Jun 2024239 Days
147 Durham Road, Blackhill, Consett, County Durham, DH8 8RP£140,000£130,000-£10,00012 Feb 202404 Jun 2024113 Days

Most Expensive Streets in DH8 (Consett)

PostcodeStreetAreaAverageNo. of Sales
DH8 7TAWhitehall Lane, IvestonConsett£671,6663
DH8 7PDLittle Greencroft FarmConsett£663,7504
DH8 7TDIveston LaneConsett£611,6663
DH8 9NHThe Closes, EdmundbyersConsett£552,0003
DH8 0RNBenfieldside RoadConsett£531,6663
DH8 0NNShotley BridgeConsett£491,6663
DH8 9UFHunstanworthConsett£483,7504
DH8 0PJFront Street, EbchesterConsett£480,0003
DH8 6TRThe Garth, MedomsleyConsett£451,0003
DH8 0QHEast LawConsett£403,6663

Least Expensive Streets in DH8 (Consett)

PostcodeStreetAreaAverageNo. of Sales
DH8 7QLAsh TerraceConsett£34,3333
DH8 6DTNorth Cross StreetConsett£41,3333
DH8 7NRKnitsley GardensConsett£42,9005
DH8 8HTSurrey CrescentConsett£49,7905
DH8 6HUFourth Street, LeadgateConsett£56,9984
DH8 0LUGreenacres RoadConsett£57,0006
DH8 6HSThird StreetConsett£57,5006
DH8 5LZStephen StreetConsett£58,2374
DH8 7JXBuddle StreetConsett£59,1663
DH8 6DYChurch Street, LeadgateConsett£59,8756

Explore DH8 (Consett) using map

Sell Your
House Fast
Property Auctions Durham
Property Auctions Durham
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark