House Prices in DH8 House Prices in DH8 (Consett)

The average house price in DH8 (Consett) is £129,600 using HM Land Registry data.

The average property price increased by £36,637 (36.79%) over the last 5 years and increased by £7,341 (5.17%) over the last 12 months.

Over the last year, there were 376 residential property sales – a decrease of 55 transactions (-14.63%) relative to the previous year. The majority of house sales (110) were in the £104,000 - £148,000 range. Then came properties in the £60,000 - £104,000 range, where 98 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,124 (-3%).

In Dec 24, there were 43 new estate agency instructions, 52 agreed home sales and 55 property price reductions.

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) - Dec 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 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 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
17 Knitsley Gardens, Consett, County Durham, DH8 7NR£64,950£59,500-£5,45029 May 202415 Nov 2024170 Days
120 Fenwick Way, Consett, County Durham, DH8 5FE£200,000£200,000£0011 May 202415 Nov 2024188 Days
23 Fell Side, Consett, County Durham, DH8 7AW£100,000£90,000-£10,00024 May 202414 Nov 2024174 Days
60 Pleasant View, Bridgehill, Consett, County Durham, DH8 8LE£180,000£175,000-£5,00018 Jul 202401 Nov 2024106 Days
256 Medomsley Road, Consett, County Durham, DH8 5JW£185,000£175,000-£10,00011 Jul 202431 Oct 2024112 Days
19 North Magdalene, Medomsley, Consett, County Durham, DH8 6RG£130,000£125,000-£5,00013 Apr 202428 Oct 2024198 Days
26 Mickleton Close, Consett, County Durham, DH8 7UG£270,000£267,500-£2,50025 Apr 202425 Oct 2024183 Days
203 Durham Road, Blackhill, Consett, County Durham, DH8 5UQ£128,500£120,000-£8,50029 May 202425 Oct 2024149 Days
66 Chapel Drive, Delves Lane, Consett, County Durham, DH8 7EW£99,950£91,000-£8,95006 Jun 202425 Oct 2024141 Days
Trebla, Delves Lane, Consett, County Durham, DH8 7ER£140,000£134,000-£6,00011 Jun 202425 Oct 2024136 Days
57 Holwick Close, Consett, County Durham, DH8 7UJ£280,000£276,000-£4,00009 May 202425 Oct 2024169 Days
21 Fairfield, Consett, County Durham, DH8 7HA£75,000£65,000-£10,00005 Oct 202223 Oct 2024749 Days
85 Dunelm Walk, Consett, County Durham, DH8 7QU£79,950£79,950£0020 Feb 202421 Oct 2024244 Days
42 Generation Place, Consett, County Durham, DH8 5XT£135,000£135,000£0002 Jul 202418 Oct 2024108 Days
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

Most Expensive Streets in DH8 (Consett)

PostcodeStreetAreaAverageNo. of Sales
DH8 9RSKiln Pit HillConsett£853,3163
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£463,7504
DH8 6TRThe Garth, MedomsleyConsett£451,0003
DH8 0UFGoodwood Close, Shotley BridgeConsett£396,7438

Least Expensive Streets in DH8 (Consett)

PostcodeStreetAreaAverageNo. of Sales
DH8 7QLAsh TerraceConsett£34,3333
DH8 6DTNorth Cross StreetConsett£41,3333
DH8 7NRKnitsley GardensConsett£45,7506
DH8 8HTSurrey CrescentConsett£53,6124
DH8 5LZStephen StreetConsett£54,9833
DH8 6HUFourth Street, LeadgateConsett£56,9984
DH8 0LUGreenacres RoadConsett£57,0006
DH8 6HSThird StreetConsett£57,5006
DH8 7JXBuddle StreetConsett£59,1663
DH8 7SFFront Street, LeadgateConsett£59,6704

Explore DH8 (Consett) using map