Housing Market Analysis for INSTITUTE TERRACE WEST, DH2 1QS

Are you looking to understand DH2 1QS 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 1QS area, explore the DH2 1QS Area information page.
For comprehensive crime statistics in the DH2 1QS area, explore the DH2 1QS Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £57,081 median price is £67,000 Standard Deviation is £22,845 with Total Sold: 13
    • The Last 5 Year average price is £72,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 INSTITUTE TERRACE WEST: £72,500 (Sold on 19 Sep 2023)
    • The first recorded sale happened at this postcode is 4 INSTITUTE TERRACE WEST: £30,000 (Sold on 11 Jul 1997)
  • Semi-Detached
    • The average price is around £82,500 median price is £82,500 Standard Deviation is £17,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 16 INSTITUTE TERRACE WEST: £100,000 (Sold on 21 Oct 2016)
    • The first recorded sale happened at this postcode is 16 INSTITUTE TERRACE WEST: £65,000 (Sold on 09 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average DH2 1QS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£72,500 £843 1
2017£67,000 £761 1
2016£87,500 £972 1
2015£80,0001
2013£75,000 £843 1
2012£39,000 £438 1
2004£84,9501
2003£76,500 £1,254 1
2002£36,500 £415 1
2001£30,550 £359 2
1998£32,0001
1997£30,000 £341 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£100,000 £909 1
2003£65,000 £591 1

All the Sales in the INSTITUTE TERRACE WEST, DH2 1QS

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

AddressSold DatePrice% Change
10 INSTITUTE TERRACE WESTTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-192919 Sep 2023£72,500First Sale
12 INSTITUTE TERRACE WESTTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-192913 Oct 2017£67,000112.03%
04 May 2001£31,600First Sale
16 INSTITUTE TERRACE WESTSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1900-192921 Oct 2016£100,00053.85%
09 Jul 2003£65,000First Sale
13 INSTITUTE TERRACE WESTTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-192904 Oct 2016£87,500First Sale
9 INSTITUTE TERRACE WESTTerraced, Freehold21 Aug 2015£80,000-5.83%
16 Apr 2004£84,950First Sale
8 INSTITUTE TERRACE WESTTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-192922 Apr 2013£75,00092.31%
26 Jul 2012£39,000First Sale
6 INSTITUTE TERRACE WESTTerraced, FreeholdArea: 61 Sq.mtrAge: before 190005 Dec 2003£76,500First Sale
4 INSTITUTE TERRACE WESTTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-192908 Feb 2002£36,50021.67%
11 Jul 1997£30,000First Sale
5 INSTITUTE TERRACE WESTTerraced, Freehold19 Oct 2001£29,500First Sale
7 INSTITUTE TERRACE WESTTerraced, Freehold30 Nov 1998£32,000First Sale

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

INSTITUTE TERRACE WEST, DH2 1QS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DH2 1QS 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 1QS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,0001
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
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
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£148,0001
2009£223,0001
2008£173,475 £1,685 2
2007£252,5001
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£55,0001
1999£54,000 £495 3
1998£69,500 £556 1
1997£61,250 £509 4
1996£55,9501
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£22,000 £815 1
2020£95,217 £2,222 3
2018£111,217 £937 3
2017£65,3252
2016£49,550 £1,007 3
2013£20,0001

House Type in DH2 1QS area

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

Total157
Semi-detached76
Terraced48
Flat25
Detached7
Shared house1
converted building0
commercial building0
temporary structure0

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 outright59
Owned: Owns with a mortgage or loan50
Social rented: Other social rented20
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority7
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

1 person in household61
2 people in household48
3 people in household27
4 people in household18
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0