House Prices in DL17 House Prices in DL17 (Ferryhill)

The average house price in DL17 (Ferryhill) is £106,208 using HM Land Registry data.

The average property price increased by £5,087 (34.35%) over the last 5 years and increased by £1,019 (4.91%) over the last 12 months.

Over the last year, there were 208 residential property sales – a decrease of 38 transactions (-18.27%) 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 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 151 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,412 (-4%).

In Dec 24, there were 22 new estate agency instructions, 13 agreed home sales and 13 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) - 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 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
7 Duncombe Bank, Ferryhill, County Durham, DL17 8BP£130,000£118,000-£12,00014 May 202415 Nov 2024185 Days
16 Lichfield Road, West Cornforth, Ferryhill, County Durham, DL17 9PA£119,950£119,950£0030 May 202412 Nov 2024166 Days
15 South View, Bishop Middleham, Ferryhill, County Durham, DL17 9BA£135,000£133,000-£2,00012 May 202412 Nov 2024184 Days
6 Hambleton Way, Chilton, Ferryhill, County Durham, DL17 0RB£82,950£77,000-£5,95005 Jun 202408 Nov 2024156 Days
4 Bamburgh Road, Ferryhill, County Durham, DL17 8QH£119,950£117,000-£2,95017 May 202431 Oct 2024167 Days
33 Pennine Way, Chilton, Ferryhill, County Durham, DL17 0QE£92,950£90,000-£2,95002 Sep 202425 Oct 202453 Days
8 Helmsley Close, Ferryhill, County Durham, DL17 8SS£88,000£78,000-£10,00010 May 202425 Oct 2024168 Days
32 Morpeth Close, Ferryhill, County Durham, DL17 8SZ£99,950£97,000-£2,95029 May 202423 Oct 2024147 Days
1 Bowes Close, Ferryhill, County Durham, DL17 8SY£85,000£85,000£0029 May 202421 Oct 2024145 Days
9 Walworth Road, Ferryhill, County Durham, DL17 8QD£162,500£162,500£0022 Jul 202416 Oct 202486 Days
9 Davy Street, Ferryhill, County Durham, DL17 8PN£54,950£49,000-£5,95012 Feb 202404 Oct 2024235 Days
26 Stobb Cross Road, West Cornforth, Ferryhill, County Durham, DL17 9HA£105,000£105,000£0029 Apr 202420 Sep 2024144 Days
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

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£270,04122
DL17 0LRRookery Gardens, RushyfordFerryhill£243,0005
DL17 9JHThe Green, West CornforthFerryhill£235,1666
DL17 9AFChurch Street, Bishop MiddlehamFerryhill£233,8008

Least Expensive Streets in DL17 (Ferryhill)

PostcodeStreetAreaAverageNo. of Sales
DL17 0HHWest Chilton Terrace, ChiltonFerryhill£32,44010
DL17 8PJWatt StreetFerryhill£36,9166
DL17 0JDRaby Terrace, ChiltonFerryhill£37,32317
DL17 0HQDale Street, ChiltonFerryhill£38,7895
DL17 0DJWilliam StreetFerryhill£39,0003
DL17 8ATConyers TerraceFerryhill£39,0003
DL17 0PZArthur Street, ChiltonFerryhill£40,11118
DL17 8NQHackworth StreetFerryhill£40,3333
DL17 0DTGeorge StreetFerryhill£42,4995
DL17 9LNVerdun Terrace, West CornforthFerryhill£42,6666

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