House Prices in DL17 House Prices in DL17 (Ferryhill)

The average house price in DL17 (Ferryhill) is £91,115 using HM Land Registry data.

The average property price increased by £4,050 (34.35%) over the last 5 years and increased by £812 (4.91%) over the last 12 months.

Over the last year, there were 198 residential property sales – a decrease of 52 transactions (-26.26%) relative to the previous year. The majority of house sales (71) were in the £68,000 - £96,000 range. Then came properties in the £40,000 - £68,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,727 (-7%).

In Oct 24, there were 44 new estate agency instructions, 40 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in DL17 (Ferryhill)

34.35%

Property prices in Ferryhill increased by 34.35% 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 DL17 (Ferryhill) Over the Last Year

4.91%

Property prices in Ferryhill increased by 4.91% 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 DL17 (Ferryhill) - 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 DL17 (Ferryhill)

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 DL17 (Ferryhill)

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 DL17 (Ferryhill)

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 DL17 (Ferryhill) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DL17 postcode area since 1995.

Recent Sales in DL17 (Ferryhill)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 The Green, Bishop Middleham, Ferryhill, County Durham, DL17 9BE£150,000£143,500-£6,50030 May 202422 Aug 202484 Days
83 Salisbury Crescent, West Cornforth, Ferryhill, County Durham, DL17 9NT£135,000£130,000-£5,00013 Apr 202416 Aug 2024125 Days
8 Ash Terrace, West Cornforth, Ferryhill, County Durham, DL17 9NL£59,950£58,000-£1,95010 Jun 202409 Aug 202460 Days
2 Lanark Terrace, Ferryhill, County Durham, DL17 8JA£64,950£62,500-£2,45019 Mar 202409 Aug 2024143 Days
7 Beech Parade, West Cornforth, Ferryhill, County Durham, DL17 9PH£100,000£92,500-£7,50013 May 202409 Aug 202488 Days
53 Emerald Walk, Chilton, Ferryhill, County Durham, DL17 0QR£79,950£75,000-£4,95005 Apr 202408 Aug 2024125 Days
13 Barnard Road, Ferryhill, County Durham, DL17 8QJ£87,950£82,000-£5,95005 Mar 202402 Aug 2024150 Days
41 Jade Walk, Chilton, Ferryhill, County Durham, DL17 0QL£100,000£100,000£0025 Apr 202431 Jul 202497 Days
23 Hawthorne Road, Ferryhill, County Durham, DL17 8DP£99,950£98,500-£1,45019 Mar 202425 Jul 2024128 Days
15 Meadow Dale, Chilton, Ferryhill, County Durham, DL17 0RW£190,000£185,000-£5,00026 Dec 202324 Jul 2024211 Days
99 Lichfield Road, West Cornforth, Ferryhill, County Durham, DL17 9NX£99,950£94,000-£5,95027 Feb 202428 Jun 2024122 Days
7 East View, Ferryhill, County Durham, DL17 8AB£54,950£52,000-£2,95011 Mar 202428 Jun 2024109 Days
14 Napier Court, Ferryhill, County Durham, DL17 8PZ£164,950£157,000-£7,95010 Aug 202320 Jun 2024315 Days
37 North Street, Ferryhill, County Durham, DL17 8HX£74,950£74,950£0021 Sep 202320 Jun 2024273 Days
1 Insula Cottages, Bishop Middleham, Ferryhill, County Durham, DL17 9AY£110,000£107,500-£2,50012 Jan 202414 Jun 2024154 Days
4 Church Street, Bishop Middleham, Ferryhill, County Durham, DL17 9AF£174,950£174,950£0007 Mar 202414 Jun 202499 Days
4 Babbacombe Drive, Ferryhill, County Durham, DL17 8DA£149,950£145,600-£4,35022 Feb 202403 Jun 2024102 Days
7 Salisbury Crescent, West Cornforth, Ferryhill, County Durham, DL17 9NT£105,000£103,000-£2,00001 Dec 202331 May 2024182 Days
4 Ramsay Drive, Ferryhill, County Durham, DL17 8PU£145,000£130,000-£15,00016 Nov 202331 May 2024197 Days
20 High Road, Bishop Middleham, Ferryhill, County Durham, DL17 9BB£129,950£115,000-£14,95004 Aug 202329 May 2024299 Days

Most Expensive Streets in DL17 (Ferryhill)

PostcodeStreetAreaAverageNo. of Sales
DL17 9BUTown End Farm Court, Bishop MiddlehamFerryhill£505,6254
DL17 0JYChiltonFerryhill£493,7504
DL17 9AAMainsforthFerryhill£398,0005
DL17 9BWBroad Oak, Bishop MiddlehamFerryhill£362,3333
DL17 0NHMiddridge Road, RushyfordFerryhill£314,9663
DL17 0NNRushyfordFerryhill£273,7503
DL17 0DZLow Avenue, ChiltonFerryhill£271,29520
DL17 9AFChurch Street, Bishop MiddlehamFerryhill£270,54010
DL17 9JHThe Green, West CornforthFerryhill£267,0004
DL17 0LRRookery Gardens, RushyfordFerryhill£243,0005

Least Expensive Streets in DL17 (Ferryhill)

PostcodeStreetAreaAverageNo. of Sales
DL17 9HNHigh Street, West CornforthFerryhill£27,6663
DL17 0JDRaby Terrace, ChiltonFerryhill£31,00015
DL17 0HHWest Chilton Terrace, ChiltonFerryhill£32,44010
DL17 8PJWatt StreetFerryhill£36,9166
DL17 0DJWilliam StreetFerryhill£39,0003
DL17 8ATConyers TerraceFerryhill£39,0003
DL17 0PZArthur Street, ChiltonFerryhill£40,11118
DL17 8NQHackworth StreetFerryhill£40,3333
DL17 0HQDale Street, ChiltonFerryhill£41,4874
DL17 8JZWest StreetFerryhill£41,72510

Explore DL17 (Ferryhill) using map