Housing Market Analysis for RED BANKS, DH2 2XG

Are you looking to understand DH2 2XG 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 2XG area, explore the DH2 2XG Area information page.
For comprehensive crime statistics in the DH2 2XG area, explore the DH2 2XG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DH2 2XG postcode area, The average prices are as follows,

Detached
- The average price is around £135,990 median price is £99,000 Standard Deviation is £58,705 with Total Sold: 5
- The most recent sale happened at this postcode is 2 RED BANKS: £205,000 (Sold on 18 May 2018)
- The first recorded sale happened at this postcode is 2 RED BANKS: £81,950 (Sold on 26 Apr 1996)
Semi-Detached
- The average price is around £74,562 median price is £63,500 Standard Deviation is £24,989 with Total Sold: 13
- The most recent sale happened at this postcode is 11 RED BANKS: £156,000 (Sold on 28 Feb 2014)
- The first recorded sale happened at this postcode is 12 RED BANKS: £59,950 (Sold on 26 May 1995)
Terraced
- The average price is around £76,200 median price is £64,250 Standard Deviation is £24,372 with Total Sold: 12
- The most recent sale happened at this postcode is 7 RED BANKS: £147,000 (Sold on 26 Nov 2004)
- The first recorded sale happened at this postcode is 9 RED BANKS: £59,950 (Sold on 22 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average DH2 2XG 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£205,000	£1,990	1
2013	£210,000	£1,944	1
2000	£99,000	£917	1
1996	£82,975	£787	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£156,000	£1,191	1
2001	£84,000	£641	2
2000	£79,500		1
1998	£66,500	£668	2
1996	£63,000		1
1995	£61,633	£609	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£147,000	£1,709	1
2002	£91,450		2
2001	£79,150	£920	1
2000	£77,500	£901	1
1998	£64,250	£738	2
1997	£62,500		1
1995	£59,212	£697	4

All the Sales in the RED BANKS, DH2 2XG

See the table below for more details on the sold house prices in the DH2 2XG, County Durham postcode.

Address	Sold Date	Price	% Change
2 RED BANKSDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	18 May 2018	£205,000	150.15%
2 RED BANKSDetached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	26 Apr 1996	£81,950	First Sale
11 RED BANKSSemi-Detached, FreeholdArea: 131 Sq.mtrAge: 1983-1990	28 Feb 2014	£156,000	85.71%
	29 Jun 2001	£84,000	29.23%
	30 Jan 1998	£65,000	4.00%
	11 Aug 1995	£62,500	First Sale
1 RED BANKSDetached, FreeholdArea: 108 Sq.mtrAge: 1991-1995	31 Jan 2013	£210,000	112.12%
	28 Jul 2000	£99,000	17.86%
	29 Nov 1996	£84,000	First Sale
7 RED BANKSTerraced, FreeholdArea: 86 Sq.mtrAge: 1991-1995	26 Nov 2004	£147,000	85.72%
	27 Jul 2001	£79,150	24.65%
	05 Jun 1998	£63,500	5.92%
	08 Dec 1995	£59,950	First Sale
8 RED BANKSTerraced, Freehold	26 Jul 2002	£92,950	48.72%
	01 Dec 1997	£62,500	9.65%
	30 Nov 1995	£57,000	First Sale
9 RED BANKSTerraced, Freehold	10 Apr 2002	£89,950	38.38%
	18 Dec 1998	£65,000	8.42%
	22 Aug 1995	£59,950	First Sale
4 RED BANKSSemi-Detached, Freehold	22 Jun 2001	£84,000	32.28%
4 RED BANKSSemi-Detached, Freehold	29 Sep 1995	£63,500	First Sale
12 RED BANKSSemi-Detached, Freehold	25 Aug 2000	£79,500	26.19%
	15 Nov 1996	£63,000	5.09%
	26 May 1995	£59,950	First Sale
5 RED BANKSTerraced, FreeholdArea: 86 Sq.mtrAge: 1996-2002	26 May 2000	£77,500	29.27%
5 RED BANKSTerraced, FreeholdArea: 86 Sq.mtrAge: 1996-2002	27 Oct 1995	£59,950	First Sale
6 RED BANKSSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1996-2002	09 Oct 1998	£68,000	13.43%
	27 Nov 1995	£59,950	First Sale
3 RED BANKSSemi-Detached, Freehold	30 Oct 1995	£62,950	First Sale
10 RED BANKSSemi-Detached, Freehold	18 Aug 1995	£60,950	First Sale

Check out the sold house prices near the DH2 2XG postcode. Properties currently for saleProperties currently for rent

RED BANKS, DH2 2XG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DH2 2XG 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 2XG postcode.

Detached
- The average price is around £163,591 median price is £142,500 Standard Deviation is £83,287 with Total Sold: 1,274
- The Last 5 Year average price is £266,810 with Total Sold: 149
- The most recent sale happened at this postcode is , 33 MEADOW DRIVE: £318,000 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 37 FALSTONE DRIVE: £87,895 (Sold on 03 Jan 1995)
Flat
- The average price is around £59,642 median price is £63,000 Standard Deviation is £24,156 with Total Sold: 251
- The Last 5 Year average price is £80,329 with Total Sold: 27
- The most recent sale happened at this postcode is , 67 BOWMONT WALK: £84,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 6 CHATTON CLOSE: £31,500 (Sold on 20 Jan 1995)
Terraced
- The average price is around £91,581 median price is £88,475 Standard Deviation is £45,164 with Total Sold: 646
- The Last 5 Year average price is £135,781 with Total Sold: 95
- The most recent sale happened at this postcode is , 18 CHATTON CLOSE: £146,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 13 DUNSTAN CLOSE: £702 (Sold on 01 Feb 1995)
Semi-Detached
- The average price is around £107,441 median price is £96,000 Standard Deviation is £52,970 with Total Sold: 751
- The Last 5 Year average price is £165,186 with Total Sold: 119
- The most recent sale happened at this postcode is , 2 BIRCH VIEW: £240,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 24 INGRAM CLOSE: £59,500 (Sold on 20 Jan 1995)
Other
- The average price is around £473,978 median price is £7,480 Standard Deviation is £864,545 with Total Sold: 11
- The Last 5 Year average price is £499,298 with Total Sold: 6
- The most recent sale happened at this postcode is , 18 PORTLAND CLOSE: £6,366 (Sold on 19 May 2023)
- The first recorded sale happened at this postcode is , 19 BOWMONT WALK: £10,075 (Sold on 02 Nov 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,300	£2,416	10
2023	£286,566	£2,796	22
2022	£307,156	£2,849	32
2021	£260,947	£2,586	30
2020	£239,148	£2,458	30
2019	£219,818	£2,348	25
2018	£256,912	£2,211	24
2017	£253,072	£2,386	18
2016	£247,014	£2,240	25
2015	£221,079	£2,245	19
2014	£210,162	£2,129	33
2013	£211,404	£1,946	30
2012	£224,644	£2,005	17
2011	£239,724	£2,203	29
2010	£225,833	£2,130	15
2009	£224,119	£2,185	16
2008	£247,167	£2,263	16
2007	£239,608	£2,102	36
2006	£237,066	£2,280	38
2005	£219,253	£2,221	37
2004	£206,075	£2,039	55
2003	£174,436	£1,600	51
2002	£135,636	£1,237	61
2001	£118,410	£1,080	69
2000	£109,185	£978	55
1999	£99,601	£969	49
1998	£96,371	£889	58
1997	£94,724	£847	102
1996	£92,125	£805	114
1995	£85,610	£785	158

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£84,000		1
2023	£80,860	£1,541	8
2022	£89,600	£1,762	5
2021	£81,286	£1,557	7
2020	£63,000	£1,244	3
2019	£77,333	£1,535	3
2018	£75,500	£1,479	5
2017	£73,805	£1,431	10
2016	£75,917	£1,481	6
2015	£71,917	£1,419	6
2014	£77,494	£1,458	9
2013	£69,167	£1,454	6
2012	£66,383	£1,255	3
2011	£78,119	£1,492	8
2010	£75,112	£1,449	4
2009	£96,167	£1,672	3
2008	£91,490	£1,705	5
2007	£87,536	£1,671	11
2006	£90,167	£1,787	6
2005	£87,885	£1,700	13
2004	£81,031	£1,503	8
2003	£62,975	£1,156	12
2002	£44,212	£844	13
2001	£35,758	£690	19
2000	£34,322	£649	15
1999	£33,212	£647	13
1998	£33,171	£669	14
1997	£31,750	£640	8
1996	£32,138	£581	16
1995	£30,200	£575	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£134,000	£2,097	4
2023	£145,725	£2,077	20
2022	£154,904	£2,006	20
2021	£131,957	£1,849	20
2020	£130,882	£1,664	17
2019	£106,179	£1,571	14
2018	£133,179	£1,673	14
2017	£118,767	£1,815	15
2016	£103,393	£1,576	14
2015	£122,865	£1,803	13
2014	£111,547	£1,723	16
2013	£116,591	£1,697	16
2012	£123,742	£1,724	7
2011	£157,058	£1,591	14
2010	£121,836	£1,746	14
2009	£113,050	£1,840	10
2008	£127,535	£1,807	11
2007	£134,659	£1,824	29
2006	£117,416	£1,883	22
2005	£114,290	£1,846	25
2004	£104,594	£1,525	32
2003	£72,170	£1,177	30
2002	£63,028	£925	32
2001	£57,294	£819	44
2000	£51,526	£760	33
1999	£52,074	£698	33
1998	£46,404	£631	26
1997	£47,380	£730	42
1996	£43,884	£684	31
1995	£44,504	£622	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£203,000	£2,384	5
2023	£187,214	£2,513	14
2022	£186,938	£2,559	16
2021	£156,203	£2,112	32
2020	£163,005	£2,131	32
2019	£140,775	£2,098	20
2018	£161,994	£2,214	10
2017	£146,507	£2,050	17
2016	£150,769	£2,043	13
2015	£145,427	£2,164	15
2014	£141,921	£1,845	19
2013	£128,155	£1,874	19
2012	£123,083	£1,786	6
2011	£152,010	£1,947	18
2010	£125,625	£1,898	16
2009	£137,632	£1,935	11
2008	£132,097	£2,060	15
2007	£143,762	£2,169	21
2006	£135,777	£2,062	32
2005	£134,528	£2,174	29
2004	£121,744	£1,702	40
2003	£92,506	£1,426	36
2002	£80,134	£1,111	47
2001	£63,514	£818	37
2000	£67,562	£842	25
1999	£62,112	£856	33
1998	£56,211	£837	40
1997	£51,490	£727	38
1996	£51,984	£704	29
1995	£55,066	£812	66

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£6,366		1
2021	£6,312	£61	2
2020	£992,267	£3,761	3
2018	£4,448	£108	2
2017	£2,100,000		1
2016	£54,538	£1,478	2

House Type in DH2 2XG area

The most common house types in the DH2 2XG postcode area are Terraced (55), Detached (47), and Semi-detached (17).

Total	120
Terraced	55
Detached	47
Semi-detached	17
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan	54
Owned: Owns outright	50
Private rented: Private landlord or letting agency	13
Social rented: Other social rented	2
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the DH2 2XG have 2 people in household (52), and 1 person in household (38).

2 people in household	52
1 person in household	38
3 people in household	16
4 people in household	12
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