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Birtley House Prices

The average house price in Birtley is £176,714 using HM Land Registry data.

The average property price decreased by £18,446 (--10.45%) over the last 5 years and decreased by £3,688 (--2.28%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 24 transactions (-20.69%) relative to the previous year. The majority of house sales (27) were in the £70,000 - £108,000 range. Then came properties in the £108,000 - £146,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,886 (-1%).

In Oct 24, there were 30 new estate agency instructions, 18 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Birtley

-10.45%

Property prices in Birtley decreased by -10.45% 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 Birtley Over the Last Year

-2.28%

Property prices in Birtley decreased by -2.28% 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.

Property Market Heat Gauge for Birtley - 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 Birtley

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 Birtley

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 Birtley

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 Birtley since 1995

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

Recent Property Sales in Birtley

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
15 Jones Street, Birtley, Chester Le Street, Tyne And Wear, DH3 1DZ	£70,000	£70,000	£00	24 Apr 2024	02 Aug 2024	100 Days
5 The Brambles, Birtley, Chester Le Street, Tyne And Wear, DH3 1RT	£275,000	£260,000	-£15,000	16 Mar 2024	29 Jul 2024	135 Days
20 Neville Crescent, Birtley, Chester Le Street, Tyne And Wear, DH3 1NF	£150,000	£150,000	£00	22 Apr 2024	26 Jul 2024	95 Days
6 Ruskin Road, Birtley, Chester Le Street, Tyne And Wear, DH3 1AD	£350,000	£317,500	-£32,500	11 Nov 2023	28 Jun 2024	230 Days
6 Chapel Row, Birtley, Chester Le Street, Tyne And Wear, DH3 2JP	£105,000	£105,000	£00	05 Dec 2023	24 May 2024	171 Days
34 Langdale, Birtley, Chester Le Street, Tyne And Wear, DH3 2EL	£185,000	£185,000	£00	24 Jan 2024	07 May 2024	104 Days
10 North Dene, Birtley, Chester Le Street, Tyne And Wear, DH3 1QB	£195,000	£192,500	-£2,500	27 Jan 2024	19 Apr 2024	83 Days
20 Dennison Crescent, Birtley, Chester Le Street, Tyne And Wear, DH3 1NL	£135,000	£128,500	-£6,500	01 Nov 2023	05 Apr 2024	156 Days
20 Oliver Crescent, Birtley, Chester Le Street, Tyne And Wear, DH3 1NG	£149,950	£149,950	£00	15 Nov 2023	27 Mar 2024	133 Days
8 Lothian Close, Birtley, Chester Le Street, Tyne And Wear, DH3 2HQ	£114,000	£107,000	-£7,000	04 Nov 2023	08 Mar 2024	125 Days
19 George Street, Birtley, Chester Le Street, Tyne And Wear, DH3 1EA	£47,500	£47,500	£00	20 Jul 2023	09 Feb 2024	204 Days
44 Leafield Close, Birtley, Chester Le Street, Tyne And Wear, DH3 1RX	£220,000	£220,000	£00	31 Jul 2023	02 Feb 2024	186 Days
42 King Street, Birtley, Chester Le Street, Tyne And Wear, DH3 1EG	£75,000	£72,500	-£2,500	05 Sep 2023	19 Jan 2024	136 Days
35 Hartland Drive, Birtley, Chester Le Street, Tyne And Wear, DH3 2LZ	£149,950	£145,000	-£4,950	03 Aug 2023	19 Jan 2024	169 Days
14 Bewicke View, Birtley, Chester Le Street, Tyne And Wear, DH3 1RU	£325,000	£300,000	-£25,000	30 Jun 2023	09 Jan 2024	193 Days
22 Coniston, Birtley, Chester Le Street, Tyne And Wear, DH3 2LD	£160,000	£145,000	-£15,000	28 Apr 2023	15 Dec 2023	231 Days
101 Mitchell Street, Birtley, Chester Le Street, Tyne And Wear, DH3 1EQ	£105,000	£100,000	-£5,000	24 Jul 2023	05 Dec 2023	134 Days
27 Flanders Court, Birtley, Chester Le Street, Tyne And Wear, DH3 1LD	£169,950	£165,000	-£4,950	08 Mar 2023	30 Nov 2023	267 Days
16 Neville Crescent, Birtley, Chester Le Street, Tyne And Wear, DH3 1NF	£130,000	£130,000	£00	22 Aug 2023	20 Nov 2023	90 Days
82 Devon Crescent, Birtley, Chester Le Street, Tyne And Wear, DH3 1HP	£85,000	£85,000	£00	03 Aug 2023	03 Nov 2023	92 Days

Most Expensive Streets in Birtley

Postcode	Street	Area	Average	No. of Sales
DH3 1RD	Northside	Birtley	£458,883	9
DH3 1FF	Maple Avenue	Birtley	£321,650	3
DH3 1RJ	The Uplands	Birtley	£269,333	3
DH3 1FB	Broadleaf Walk	Birtley	£267,000	6
DH3 1FE	Aspen Close	Birtley	£266,777	52
DH3 1FH	Birch Crescent	Birtley	£266,192	15
DH3 1QN	The Hollys	Birtley	£254,714	7
DH3 1RS	Beamish View	Birtley	£253,000	6
DH3 1RP	Hillside	Birtley	£249,237	4
DH3 1PX	Long Bank	Birtley	£245,000	4

Least Expensive Streets in Birtley

Postcode	Street	Area	Average	No. of Sales
DH3 1PF	Orchard Park	Birtley	£39,750	5
DH3 1EB	Queen Street	Birtley	£47,750	4
DH3 1ED	Queen Street	Birtley	£61,058	6
DH3 1DX	Morris Street	Birtley	£66,812	4
DH3 1EF	King Street	Birtley	£68,833	3
DH3 2QE	Perkins Memorial Cottage Homes	Birtley	£71,000	3
DH3 1EN	Ravensworth Road	Birtley	£72,499	3
DH3 1QL	Malone Gardens	Birtley	£73,375	4
DH3 1EE	Ravensworth Road	Birtley	£81,875	4
DH3 2DH	Pembroke Avenue	Birtley	£84,650	3