Housing Market Analysis for INSTITUTE TERRACE EAST, DH2 1QR

Are you looking to understand DH2 1QR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this County Durham postcode.

For the location information and nearby amenities in the DH2 1QR area, explore the DH2 1QR Area information page.
For comprehensive crime statistics in the DH2 1QR area, explore the DH2 1QR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DH2 1QR postcode area, The average prices are as follows,

Terraced
- The average price is around £75,206 median price is £88,000 Standard Deviation is £28,552 with Total Sold: 46
- The Last 5 Year average price is £98,250 with Total Sold: 8
- The most recent sale happened at this postcode is 12 INSTITUTE TERRACE EAST: £115,000 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is 15 INSTITUTE TERRACE EAST: £108,000 (Sold on 17 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average DH2 1QR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£115,000	£1,307	2
2022	£91,000	£1,083	1
2021	£94,500	£1,068	2
2019	£84,000	£955	2
2018	£95,800	£1,089	1
2017	£39,999	£465	1
2016	£90,000	£1,013	1
2015	£74,500	£846	2
2014	£48,000	£552	1
2013	£103,000	£1,144	1
2012	£95,000	£1,092	1
2010	£77,000	£879	2
2008	£92,000		1
2007	£103,200	£1,165	5
2006	£93,750	£1,068	2
2005	£101,250	£1,164	2
2004	£84,580	£975	5
2003	£58,225	£665	2
2002	£26,225	£304	2
2001	£36,500	£420	1
2000	£40,000	£459	1
1999	£33,317	£400	3
1998	£31,000	£356	1
1997	£33,725	£381	2
1996	£34,000	£386	1
2024	£108,000		1

All the Sales in the INSTITUTE TERRACE EAST, DH2 1QR

See the table below for more details on the sold house prices in the DH2 1QR, County Durham postcode.

Address	Sold Date	Price	% Change
12 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 87.98 Sq.mtrAge: 1900-1929	03 Nov 2023	£115,000	0.0
	03 Nov 2023	£115,000	20.04%
	16 Nov 2018	£95,800	5.27%
	08 Oct 2010	£91,000	13.82%
	16 Apr 2004	£79,950	135.15%
	19 Jul 1996	£34,000	First Sale
5 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 84 Sq.mtrAge: 1930-1949	25 Feb 2022	£91,000	256.86%
	25 Jan 2002	£25,500	First Sale
14 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	29 Oct 2021	£97,000	-5.83%
	22 Nov 2013	£103,000	-8.04%
	23 Feb 2007	£112,000	27.27%
	27 Aug 2004	£88,000	155.07%
	18 Apr 1997	£34,500	First Sale
15 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 87 Sq.mtrAge: 1930-1949	03 Sep 2021	£92,000	-3.66%
	16 Dec 2005	£95,500	161.64%
	21 Dec 2001	£36,500	17.74%
	30 Oct 1998	£31,000	-71.30%
	17 May 2024	£108,000	First Sale
4 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	19 Jul 2019	£78,000	-17.02%
	27 Jul 2006	£94,000	62.21%
	23 May 2003	£57,950	First Sale
1 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	10 Jan 2019	£90,000	-14.69%
	29 Jun 2007	£105,500	201.43%
	23 Apr 1999	£35,000	First Sale
10 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	14 Dec 2017	£39,999	First Sale
6 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 88.83 Sq.mtrAge: 1900-1929	15 Apr 2016	£90,000	9.76%
	08 Apr 2004	£82,000	First Sale
3 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	29 May 2015	£79,000	-21.39%
	11 Sep 2007	£100,500	14.20%
	23 Mar 2007	£88,000	First Sale
11 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	20 Mar 2015	£70,000	45.83%
	16 Dec 2014	£48,000	-56.36%
	26 Jan 2007	£110,000	2.80%
	11 Mar 2005	£107,000	205.71%
	17 Dec 1999	£35,000	First Sale
13 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	27 Jul 2012	£95,000	0.05%
	19 May 2004	£94,950	62.31%
	28 Nov 2003	£58,500	First Sale
8 INSTITUTE TERRACE EASTTerraced, FreeholdArea: 87.1 Sq.mtrAge: 1930-1949	22 Jan 2010	£63,000	57.50%
	22 Dec 2000	£40,000	21.40%
	19 Dec 1997	£32,950	First Sale
2 INSTITUTE TERRACE EASTTerraced, Freehold	30 Oct 2008	£92,000	-1.60%
2 INSTITUTE TERRACE EASTTerraced, Freehold	30 Jun 2006	£93,500	First Sale
9 INSTITUTE TERRACE EASTTerraced, Freehold	26 Mar 2004	£78,000	189.42%
9 INSTITUTE TERRACE EASTTerraced, Freehold	28 Mar 2002	£26,950	First Sale
16 INSTITUTE TERRACE EASTTerraced, Freehold	08 Oct 1999	£29,950	First Sale

Check out the sold house prices near the DH2 1QR postcode. Properties currently for saleProperties currently for rent

INSTITUTE TERRACE EAST, DH2 1QR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DH2 1QR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the DH2 1QR postcode.

Flat
- The average price is around £38,541 median price is £35,750 Standard Deviation is £18,929 with Total Sold: 82
- The Last 5 Year average price is £36,225 with Total Sold: 10
- The most recent sale happened at this postcode is , 2F ABINGTON: £45,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 2D ABINGTON: £22,000 (Sold on 16 Jun 1995)
Semi-Detached
- The average price is around £100,852 median price is £105,000 Standard Deviation is £48,247 with Total Sold: 435
- The Last 5 Year average price is £152,039 with Total Sold: 68
- The most recent sale happened at this postcode is , 7 BARBARY CLOSE: £120,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 11 COQUET DRIVE: £25,500 (Sold on 30 Jan 1995)
Terraced
- The average price is around £80,326 median price is £80,000 Standard Deviation is £38,192 with Total Sold: 423
- The Last 5 Year average price is £108,776 with Total Sold: 63
- The most recent sale happened at this postcode is , 15 INSTITUTE TERRACE EAST: £108,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 26 REDMIRES CLOSE: £41,000 (Sold on 31 Jan 1995)
Detached
- The average price is around £146,112 median price is £127,950 Standard Deviation is £83,874 with Total Sold: 51
- The Last 5 Year average price is £176,000 with Total Sold: 7
- The most recent sale happened at this postcode is , 11 CARNOUSTIE: £160,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 10 ABERDEEN: £55,950 (Sold on 31 Oct 1996)
Other
- The average price is around £72,354 median price is £53,000 Standard Deviation is £64,691 with Total Sold: 13
- The Last 5 Year average price is £76,912 with Total Sold: 4
- The most recent sale happened at this postcode is , 8 ARCADIA: £22,000 (Sold on 02 Sep 2022)
- The first recorded sale happened at this postcode is , 2 ARCADIA: £20,000 (Sold on 18 Jul 2013)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£45,000		1
2023	£31,833	£1,024	3
2022	£36,000	£1,128	1
2021	£41,125	£1,348	2
2020	£36,250	£1,200	2
2019	£31,000	£1,148	1
2018	£49,999	£1,387	4
2016	£49,824	£1,450	4
2015	£44,000	£889	5
2014	£52,500	£1,438	1
2011	£58,250	£1,317	2
2007	£60,833	£1,806	3
2006	£57,612	£1,793	4
2005	£57,238	£1,734	4
2004	£59,483	£1,373	6
2003	£32,275	£960	8
2002	£29,890	£641	5
2001	£17,125	£570	2
2000	£17,667	£570	3
1999	£35,400	£498	6
1998	£23,250	£575	5
1997	£16,333	£533	3
1996	£22,650	£656	3
1995	£17,625	£621	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,000	£1,140	3
2023	£167,667	£1,987	9
2022	£147,205	£1,929	15
2021	£153,858	£1,810	18
2020	£169,688	£1,890	8
2019	£140,110	£1,422	15
2018	£150,125	£1,577	4
2017	£143,809	£1,655	11
2016	£127,943	£1,463	15
2015	£126,464	£1,417	14
2014	£113,231	£1,442	13
2013	£121,895	£1,401	12
2012	£135,615	£1,489	10
2011	£155,062	£1,550	8
2010	£102,869	£1,177	8
2009	£132,500	£1,717	3
2008	£121,132	£1,370	11
2007	£133,943	£1,628	22
2006	£141,553	£1,686	19
2005	£130,840	£1,154	10
2004	£112,968	£1,256	19
2003	£95,716	£1,130	18
2002	£67,874	£783	18
2001	£58,579	£737	21
2000	£57,459	£640	27
1999	£52,440	£643	21
1998	£46,897	£533	19
1997	£43,854	£526	22
1996	£44,359	£547	23
1995	£41,113	£497	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£116,500	£1,273	3
2023	£119,915	£1,493	10
2022	£109,312	£1,392	16
2021	£116,804	£1,395	14
2020	£88,111	£1,098	9
2019	£102,455	£1,297	11
2018	£93,250	£1,182	11
2017	£73,954	£832	11
2016	£86,682	£987	11
2015	£96,222	£1,096	9
2014	£104,353	£1,298	19
2013	£109,409	£1,289	11
2012	£81,200	£894	5
2011	£98,700	£1,066	5
2010	£97,597	£1,208	15
2009	£85,062	£1,034	8
2008	£107,678	£1,280	16
2007	£104,248	£1,176	24
2006	£94,835	£1,208	27
2005	£98,956	£1,199	16
2004	£97,987	£1,167	23
2003	£63,729	£822	26
2002	£49,453	£528	16
2001	£42,732	£474	25
2000	£39,546	£526	15
1999	£39,227	£498	15
1998	£40,714	£476	18
1997	£34,947	£441	17
1996	£34,614	£438	11
1995	£34,667	£478	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£122,500	£944	2
2021	£224,000	£2,460	3
2020	£95,000	£1,011	1
2019	£220,000	£1,410	1
2018	£253,775	£1,872	2
2017	£127,950	£1,422	1
2016	£223,000	£1,858	1
2015	£153,317	£1,495	3
2014	£170,000	£1,771	1
2013	£160,000	£1,416	1
2012	£178,000	£1,242	1
2011	£148,000		1
2009	£223,000		1
2008	£173,475	£1,685	2
2007	£252,500		1
2006	£261,988	£1,453	4
2005	£167,500	£1,050	2
2004	£162,483	£1,670	3
2003	£94,714	£895	7
2002	£100,650	£1,481	3
2001	£55,000		1
1999	£54,000	£495	3
1998	£69,500	£556	1
1997	£61,250	£509	4
1996	£55,950		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£22,000	£815	1
2020	£95,217	£2,222	3
2018	£111,217	£937	3
2017	£65,325		2
2016	£49,550	£1,007	3
2013	£20,000		1

House Type in DH2 1QR area

The most common house types in the DH2 1QR postcode area are Semi-detached (76), Terraced (48), and Flat (25).

Total	157
Semi-detached	76
Terraced	48
Flat	25
Detached	7
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	59
Owned: Owns with a mortgage or loan	50
Social rented: Other social rented	20
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	6
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the DH2 1QR have 1 person in household (61), and 2 people in household (48).

1 person in household	61
2 people in household	48
3 people in household	27
4 people in household	18
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0