FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Durham

Durham House Prices Durham House Prices

The average house price in Durham is £249,527 using HM Land Registry data.

The average property price increased by £11,094 (4.59%) over the last 5 years and increased by £2,218 (0.89%) over the last 12 months.

Over the last year, there were 416 residential property sales – a decrease of 141 transactions (-33.89%) relative to the previous year. The majority of house sales (130) were in the £160,000 - £220,000 range. Then came properties in the £100,000 - £160,000 range, where 80 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,958 (-2%).

In Oct 24, there were 78 new estate agency instructions, 73 agreed home sales and 48 property price reductions.

Neighbouring Areas: Brandon (County Durham)

Postcodes Covered: DH1, DH7

5-Year Average Property Prices in Durham

4.59%

Property prices in Durham increased by 4.59% 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 Durham Over the Last Year

0.89%

Property prices in Durham increased by 0.89% 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 Durham - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Durham

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 Durham

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 Durham

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 Durham since 1995

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

Recent Property Sales in Durham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Shropshire Drive, Belmont, Durham, County Durham, DH1 2LT£365,000£360,000-£5,00011 Mar 202419 Aug 2024161 Days
11 Eskdale Close, Durham, County Durham, DH1 2UH£165,000£165,000£0010 Apr 202416 Aug 2024128 Days
12c, Bridgemere Drive, Framwellgate Moor, Durham, County Durham, DH1 5FG£185,000£185,000£0030 Apr 202416 Aug 2024108 Days
30 Hylton Road, Durham, County Durham, DH1 5LS£275,000£270,000-£5,00001 Mar 202412 Aug 2024164 Days
114 Bek Road, Newton Hall, Durham, County Durham, DH1 5LG£185,000£177,500-£7,50018 Apr 202409 Aug 2024113 Days
33 Dalton Crescent, Durham, County Durham, DH1 4FB£435,000£425,000-£10,00018 Jan 202408 Aug 2024203 Days
12 Ghyll Field Road, Durham, County Durham, DH1 5HU£150,000£143,000-£7,00007 Mar 202408 Aug 2024154 Days
27 Moor Crescent, Durham, County Durham, DH1 1PB£199,950£185,000-£14,95020 Apr 202405 Aug 2024107 Days
62 Grange Road, Durham, County Durham, DH1 1AL£190,000£190,000£0010 Apr 202401 Aug 2024113 Days
16 Hatfield Close, Framwellgate Moor, Durham, County Durham, DH1 5FD£160,000£156,000-£4,00004 Mar 202422 Jul 2024140 Days
71 Kirkwood Drive, Durham, County Durham, DH1 4FF£295,000£290,000-£5,00006 Feb 202419 Jul 2024164 Days
24 St Bedes Close, Durham, County Durham, DH1 4AB£225,000£210,000-£15,00023 Apr 202419 Jul 202487 Days
50 Richmond Road, Durham, County Durham, DH1 5NS£175,000£174,000-£1,00021 Mar 202418 Jul 2024119 Days
1 Bevan Grove, Gilesgate Moor, Durham, County Durham, DH1 2LQ£164,950£160,000-£4,95022 Sep 202318 Jul 2024300 Days
47 Westcott Drive, Durham, County Durham, DH1 5AQ£247,000£230,000-£17,00018 Dec 202305 Jul 2024200 Days
28 Grinstead Way, Durham, County Durham, DH1 1LZ£210,000£210,000£0008 Feb 202428 Jun 2024141 Days
1 Church View, Durham, County Durham, DH1 2QS£200,000£190,000-£10,00005 Feb 202428 Jun 2024144 Days
17 Chevallier Court, Durham, County Durham, DH1 3RF£875,000£850,000-£25,00014 May 201821 Jun 20242230 Days
141 Bek Road, Newton Hall, Durham, County Durham, DH1 5LH£155,000£140,000-£15,00029 Mar 202420 Jun 202483 Days
62 Newton Drive, Durham, County Durham, DH1 5BE£110,000£110,000£0006 Apr 202416 Jun 202471 Days

Most Expensive Streets in Durham

PostcodeStreetAreaAverageNo. of Sales
DH1 1NSRamside ParkCarrville£1,557,1427
DH1 3RRPotters BankDurham£1,045,1254
DH1 3RFChevallier CourtDurham£932,5004
DH1 3DYQuarryheads LaneDurham£920,0003
DH1 4JUBishops GateDurham£765,0003
DH1 4FHWesthouse AvenueDurham£728,8336
DH1 3PRElvet MoorDurham£666,6663
DH1 3TYRichardby CrescentDurham£658,6357
DH1 4LNAykley GreenDurham£620,0004
DH1 4QPSouth StreetDurham£616,6663

Least Expensive Streets in Durham

PostcodeStreetAreaAverageNo. of Sales
DH1 5PARichmond CourtDurham£65,6503
DH1 5EQGarden AvenueDurham£74,3254
DH1 2DPMinster CourtDurham£75,6254
DH1 5XWCarr House DriveDurham£76,8624
DH1 5SSHamsterley CrescentDurham£77,3005
DH1 1BLGrange CourtCarrville£86,5008
DH1 1DDAshdown AvenueDurham£86,8333
DH1 5XYFarrier ClosePity Me£88,6878
DH1 3DBOrchard HouseNew Elvet£88,71315
DH1 5EGNewcastle TerraceDurham£89,6446

Explore Durham and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Durham
Property Auctions Durham
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark