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House Prices in DH3

The average house price in DH3 (Chester Le Street) is £205,589 using HM Land Registry data.

The average property price decreased by £4,260 (-29.52%) over the last 5 years and decreased by £853 (-4.35%) over the last 12 months.

Over the last year, there were 251 residential property sales – a decrease of 79 transactions (-31.47%) relative to the previous year. The majority of house sales (60) were in the £70,000 - £118,000 range. Then came properties in the £118,000 - £166,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 122 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,440 (-2%).

In Dec 24, there were 30 new estate agency instructions, 34 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in DH3 (Chester Le Street)

29.52%

Property prices in Chester Le Street increased by 29.52% 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 DH3 (Chester Le Street) Over the Last Year

4.35%

Property prices in Chester Le Street increased by 4.35% 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 DH3 (Chester Le Street) - 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 DH3 (Chester Le Street)

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 DH3 (Chester Le Street)

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 DH3 (Chester Le Street)

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 DH3 (Chester Le Street) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DH3 postcode area since 1995.

Recent Sales in DH3 (Chester Le Street)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
20 Cooperative Street, Chester Le Street, County Durham, DH3 3EX	£90,000	£85,000	-£5,000	19 Jun 2024	25 Nov 2024	159 Days
172 Highfield Rise, Chester Le Street, County Durham, DH3 3UY	£270,000	£262,000	-£8,000	02 Apr 2024	15 Nov 2024	227 Days
10 Hopgarth Court, Chester Le Street, County Durham, DH3 3SE	£75,000	£69,000	-£6,000	22 Nov 2023	12 Nov 2024	356 Days
34 Tamerton Drive, Birtley, Chester Le Street, Tyne And Wear, DH3 2LX	£145,000	£143,500	-£1,500	26 Apr 2024	07 Nov 2024	195 Days
3 Picktree Cottages East, Chester Le Street, County Durham, DH3 3RR	£150,000	£146,000	-£4,000	27 Aug 2024	07 Nov 2024	72 Days
7 York Court, Chester Le Street, County Durham, DH3 3NT	£115,000	£105,000	-£10,000	08 May 2024	01 Nov 2024	177 Days
31 Crathie, Birtley, Chester Le Street, Tyne And Wear, DH3 1QJ	£55,000	£55,000	£00	20 Apr 2024	28 Oct 2024	191 Days
32 Gladstone Terrace, Birtley, Chester Le Street, Tyne And Wear, DH3 1DR	£139,950	£139,006	-£944	27 Jun 2024	25 Oct 2024	120 Days
14 Lumley Terrace, Chester Le Street, County Durham, DH3 3NQ	£180,000	£172,500	-£7,500	15 Aug 2024	25 Oct 2024	71 Days
9 Poplar Terrace, Chester Le Street, County Durham, DH3 3QJ	£114,950	£114,950	£00	25 Jul 2024	23 Oct 2024	90 Days
105 Medway, Great Lumley, Chester Le Street, County Durham, DH3 4HU	£160,000	£153,250	-£6,750	02 Jul 2024	17 Oct 2024	107 Days
29 Bewicke View, Birtley, Chester Le Street, Tyne And Wear, DH3 1RU	£320,000	£310,000	-£10,000	03 May 2024	11 Oct 2024	161 Days
17 Lyndhurst Avenue, Chester Le Street, County Durham, DH3 4AR	£330,000	£325,000	-£5,000	21 Sep 2023	10 Oct 2024	385 Days
5 Houghton Gate, Chester Le Street, County Durham, DH3 4PD	£299,995	£230,000	-£69,995	21 Mar 2024	13 Aug 2024	145 Days
31 Bradman Drive, Chester Le Street, County Durham, DH3 3QS	£475,000	£470,000	-£5,000	19 Apr 2024	13 Aug 2024	116 Days
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
34 Union Court, Chester Le Street, County Durham, DH3 3PA	£69,995	£67,500	-£2,495	12 Mar 2024	31 Jul 2024	141 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
153 Highfield Rise, Chester Le Street, County Durham, DH3 3UY	£59,000	£59,000	£00	07 Jun 2024	27 Jul 2024	50 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

Most Expensive Streets in DH3 (Chester Le Street)

Postcode	Street	Area	Average	No. of Sales
DH3 3QX	The Parks, Chester Le Street, Durham	Chester Le Street	£525,000	5
DH3 4BA	North Lodge, Chester Le Street, Durham	Chester Le Street	£468,268	3
DH3 1RD	Northside, Birtley	Chester Le Street	£461,243	8
DH3 4DG	Longdean Park, Chester Le Street, County Durham	Chester Le Street	£449,750	4
DH3 4AF	Blind Lane, Chester Le Street, County Durham	Chester Le Street	£434,125	4
DH3 4DF	Longdean Park, Chester Le Street, Durham	Chester Le Street	£426,250	4
DH3 3QS	Bradman Drive, Chester Le Street, Durham	Chester Le Street	£400,000	4
DH3 3LR	The Parade, Chester Le Street, County Durham	Chester Le Street	£391,166	3
DH3 3QT	Milburn Close, Chester Le Street, Durham	Chester Le Street	£378,687	4
DH3 2EQ	Grange Cottage Close, Pelaw Grange	Chester Le Street	£343,333	3

Least Expensive Streets in DH3 (Chester Le Street)

Postcode	Street	Area	Average	No. of Sales
DH3 1PF	Orchard Park, Birtley	Chester Le Street	£39,750	5
DH3 1EB	Queen Street, Birtley	Chester Le Street	£47,750	4
DH3 3PA	Union Court, Chester Le Street, County Durham	Chester Le Street	£57,445	10
DH3 3DP	Victor Street, Chester Le Street, Durham	Chester Le Street	£59,564	7
DH3 3DW	Pine Street, Chester Le Street, Durham	Chester Le Street	£60,500	4
DH3 1ED	Queen Street, Birtley	Chester Le Street	£61,058	6
DH3 3DR	Albert Street, Chester Le Street, County Durham	Chester Le Street	£64,862	4
DH3 4QN	Lincoln Walk, Great Lumley	Chester Le Street	£65,306	8
DH3 3SE	Hopgarth Court, Chester Le Street, Durham	Chester Le Street	£65,491	6
DH3 1DX	Morris Street, Birtley	Chester Le Street	£66,812	4