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Sedgefield House Prices

The average house price in Sedgefield is £256,250 using HM Land Registry data.

The average property price decreased by £49,481 (--20.31%) over the last 5 years and decreased by £9,892 (--4.85%) over the last 12 months.

Over the last year, there were 83 residential property sales – a decrease of 30 transactions (-36.14%) relative to the previous year. The majority of house sales (18) were in the £148,000 - £206,000 range. Then came properties in the £90,000 - £148,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,092 (-4%).

In Oct 24, there were 17 new estate agency instructions, 10 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in Sedgefield

-20.31%

Property prices in Sedgefield decreased by -20.31% 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 Sedgefield Over the Last Year

-4.85%

Property prices in Sedgefield decreased by -4.85% 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 Sedgefield - 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 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 Sedgefield

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 Sedgefield

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 Sedgefield

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 Sedgefield since 1995

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

Recent Property Sales in Sedgefield

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Lambton Crescent, Sedgefield, Stockton-on-tees, County Durham, TS21 2DE	£229,950	£228,000	-£1,950	07 Mar 2024	31 Jul 2024	146 Days
25 North End, Sedgefield, Stockton-on-tees, County Durham, TS21 2AZ	£169,950	£160,000	-£9,950	11 Oct 2023	25 Jul 2024	288 Days
5 Wallington Drive, Sedgefield, Stockton-on-tees, County Durham, TS21 2HZ	£230,000	£224,000	-£6,000	11 Oct 2023	12 Jul 2024	275 Days
6 Maple Grove, Sedgefield, Stockton-on-tees, County Durham, TS21 3DH	£179,950	£172,000	-£7,950	16 Nov 2023	21 Jun 2024	218 Days
9 East Parade, Sedgefield, Stockton-on-tees, County Durham, TS21 3AX	£200,000	£180,000	-£20,000	07 Sep 2023	07 Jun 2024	274 Days
11 East End, Sedgefield, Stockton-on-tees, County Durham, TS21 3AU	£290,000	£290,000	£00	13 Oct 2023	26 Apr 2024	196 Days
3 Cherry Tree Drive, Sedgefield, Stockton-on-tees, County Durham, TS21 3DN	£139,950	£135,000	-£4,950	01 Nov 2023	28 Mar 2024	148 Days
17 Chestnut Road, Sedgefield, Stockton-on-tees, County Durham, TS21 3DG	£180,000	£170,000	-£10,000	08 Sep 2023	15 Mar 2024	189 Days
Flat 10, Homebryth House, Front Street, Sedgefield, Stockton-on-tees, County Durham, TS21 3BW	£69,950	£69,950	£00	26 Sep 2023	04 Mar 2024	160 Days
Flat 26, Homebryth House, Front Street, Sedgefield, Stockton-on-tees, County Durham, TS21 3BW	£62,500	£62,500	£00	26 Jul 2022	29 Feb 2024	583 Days
3 Stockton Road, Sedgefield, Stockton-on-tees, County Durham, TS21 2AG	£584,950	£575,000	-£9,950	23 Aug 2023	05 Feb 2024	166 Days
19 West End, Sedgefield, Stockton-on-tees, County Durham, TS21 2BW	£134,950	£134,950	£00	02 Aug 2023	20 Dec 2023	140 Days
19 Hornby Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 2JH	£215,000	£210,000	-£5,000	12 Jun 2023	20 Dec 2023	191 Days
28 Winterton Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 3NH	£267,495	£265,000	-£2,495	04 Aug 2023	19 Dec 2023	137 Days
Flat 23, Homebryth House, Front Street, Sedgefield, Stockton-on-tees, County Durham, TS21 3BW	£62,950	£60,000	-£2,950	01 Sep 2023	15 Dec 2023	105 Days
41 Mitford Court, Sedgefield, Stockton-on-tees, County Durham, TS21 2JE	£275,000	£265,000	-£10,000	25 Apr 2023	08 Dec 2023	227 Days
5 Malton Terrace, Sedgefield, Stockton-on-tees, County Durham, TS21 3AP	£179,950	£165,000	-£14,950	08 Jul 2023	08 Dec 2023	153 Days
5 Wellgarth Mews, Sedgefield, Stockton-on-tees, County Durham, TS21 3NN	£129,950	£110,000	-£19,950	22 Sep 2023	17 Nov 2023	56 Days
3 Hardwick Road, Sedgefield, Stockton-on-tees, County Durham, TS21 2AL	£320,000	£320,000	£00	15 Aug 2023	14 Nov 2023	91 Days
Doric House, West Park Lane, Sedgefield, Stockton-on-tees, County Durham, TS21 2BX	£345,000	£260,000	-£85,000	27 Nov 2022	07 Nov 2023	345 Days

Most Expensive Streets in Sedgefield

Postcode	Street	Area	Average	No. of Sales
TS21 2JP	Farrier Close	Sedgefield	£356,340	20
TS21 2BF	Saddler Drive	Sedgefield	£351,825	22
TS21 2JY	Cordwainer Grove	Sedgefield	£344,666	3
TS21 2JQ	Saddler Drive	Sedgefield	£337,688	6
TS21 3BT	North End	Sedgefield	£322,250	4
TS21 3HT	St Edmunds Green	Sedgefield	£321,285	7
TS21 2JJ	Queens Drive	Sedgefield	£317,666	3
TS21 3DW	Durham Road	Sedgefield	£306,933	3
TS21 2DQ	Cragside	Sedgefield	£277,250	4
TS21 2BQ	Cartwright Close	Sedgefield	£273,152	49

Least Expensive Streets in Sedgefield

Postcode	Street	Area	Average	No. of Sales
TS21 3EH	Woodland Mews	Sedgefield	£66,278	7
TS21 2EE	The Willows	Sedgefield	£69,066	3
TS21 3BW	Homebryth House	Front Street, Sedgefield	£70,320	20
TS21 3BP	Cunningham Court	Sedgefield	£88,406	8
TS21 3NJ	Winterton Avenue	Sedgefield	£108,690	5
TS21 3EU	The Gables	Sedgefield	£109,931	22
TS21 2DX	Eden Drive	Sedgefield	£122,285	7
TS21 2JD	Milbourne Court	Sedgefield	£126,000	3
TS21 2EG	Kerr Crescent	Sedgefield	£128,737	4
TS21 3DQ	Lilac Avenue	Sedgefield	£133,666	3