Housing Market Analysis for PROSPECT TERRACE, DH7 7EJ

Are you looking to understand DH7 7EJ 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 DH7 7EJ area, explore the DH7 7EJ Area information page.
For comprehensive crime statistics in the DH7 7EJ area, explore the DH7 7EJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DH7 7EJ postcode area, The average prices are as follows,

Terraced
- The average price is around £42,624 median price is £38,000 Standard Deviation is £20,597 with Total Sold: 31
- The Last 5 Year average price is £51,500 with Total Sold: 10
- The most recent sale happened at this postcode is 6 PROSPECT TERRACE: £59,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is 4 PROSPECT TERRACE: £56,000 (Sold on 17 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average DH7 7EJ 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	£57,500	£928	2
2022	£44,250	£558	4
2021	£59,333	£769	3
2019	£45,000	£721	1
2018	£32,500	£422	1
2017	£47,500	£779	1
2016	£29,950	£348	1
2015	£38,000	£594	1
2013	£28,450	£369	1
2011	£40,000	£548	1
2008	£77,500	£1,145	2
2007	£80,000	£1,281	1
2005	£66,475	£1,024	2
2003	£32,833	£467	3
2002	£20,750	£314	2
2000	£15,500	£235	2
1998	£11,000	£159	1
1997	£18,000	£286	1
1995	£22,000	£301	1

All the Sales in the PROSPECT TERRACE, DH7 7EJ

See the table below for more details on the sold house prices in the DH7 7EJ, County Durham postcode.

Address	Sold Date	Price	% Change
6 PROSPECT TERRACETerraced, FreeholdArea: 62.84 Sq.mtrAge: 1900-1929	06 Apr 2023	£59,000	-21.33%
	28 Mar 2008	£75,000	316.67%
	03 Oct 1997	£18,000	First Sale
22 PROSPECT TERRACETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	09 Nov 2022	£26,000	-27.78%
	19 Aug 2022	£36,000	20.20%
	29 Jan 2016	£29,950	First Sale
5 PROSPECT TERRACETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	28 Oct 2022	£75,000	First Sale
18 PROSPECT TERRACETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	26 Oct 2022	£40,000	First Sale
10 PROSPECT TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	29 Nov 2021	£53,000	First Sale
21 PROSPECT TERRACETerraced, FreeholdArea: 97 Sq.mtrAge: 1930-1949	09 Jul 2021	£65,000	First Sale
25 PROSPECT TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: 1950-1966	08 Jul 2021	£60,000	First Sale
27 PROSPECT TERRACETerraced, FreeholdArea: 62.427 Sq.mtrAge: 1900-1929	15 Mar 2019	£45,000	-43.75%
	13 Apr 2007	£80,000	14.29%
	15 Jul 2005	£70,000	100.00%
	15 Aug 2003	£35,000	150.00%
	20 May 2002	£14,000	First Sale
24 PROSPECT TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	28 Sep 2018	£32,500	First Sale
4 PROSPECT TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: 1930-1949	09 Feb 2017	£47,500	41.79%
	06 Jun 2003	£33,500	67.50%
	28 Apr 2000	£20,000	-64.29%
	17 Nov 2023	£56,000	First Sale
29 PROSPECT TERRACETerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	30 Oct 2015	£38,000	First Sale
9 PROSPECT TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	23 May 2013	£28,450	158.64%
	25 Feb 2000	£11,000	First Sale
20 PROSPECT TERRACETerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	26 Apr 2011	£40,000	First Sale
2 PROSPECT TERRACETerraced, FreeholdArea: 73 Sq.mtrAge: before 1900	28 Mar 2008	£80,000	263.64%
	28 Apr 1995	£22,000	First Sale
8 PROSPECT TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	07 Dec 2005	£62,950	128.91%
	19 Jul 2002	£27,500	First Sale
23 PROSPECT TERRACETerraced, FreeholdArea: 103 Sq.mtrAge: 1930-1949	27 Oct 2003	£30,000	First Sale
17 PROSPECT TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	15 Jun 1998	£11,000	First Sale

Check out the sold house prices near the DH7 7EJ postcode. Properties currently for saleProperties currently for rent

PROSPECT TERRACE, DH7 7EJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DH7 7EJ 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 DH7 7EJ postcode.

Terraced
- The average price is around £55,036 median price is £50,000 Standard Deviation is £33,685 with Total Sold: 295
- The Last 5 Year average price is £66,612 with Total Sold: 67
- The most recent sale happened at this postcode is , 12 WALTONS TERRACE: £95,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 2 HAWTHORNE TERRACE: £15,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £162,672 median price is £155,000 Standard Deviation is £82,146 with Total Sold: 61
- The Last 5 Year average price is £204,900 with Total Sold: 15
- The most recent sale happened at this postcode is , ST CATHERINES HOUSE : £240,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 134 BRAUNESPATH ESTATE: £88,000 (Sold on 03 Apr 1998)
Other
- The average price is around £272,705 median price is £195,311 Standard Deviation is £275,400 with Total Sold: 7
- The Last 5 Year average price is £357,406 with Total Sold: 4
- The most recent sale happened at this postcode is , 6 CO-OPERATIVE TERRACE: £37,000 (Sold on 17 Apr 2024)
- The first recorded sale happened at this postcode is , 13 SWALLOWTAIL MEADOWS: £250,000 (Sold on 04 Dec 2015)
Semi-Detached
- The average price is around £75,872 median price is £77,500 Standard Deviation is £33,382 with Total Sold: 90
- The Last 5 Year average price is £85,540 with Total Sold: 25
- The most recent sale happened at this postcode is , 65 BRAUNESPATH ESTATE: £96,000 (Sold on 07 Feb 2024)
- The first recorded sale happened at this postcode is , 4 DORIC ROAD: £26,000 (Sold on 06 Dec 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£92,667		6
2023	£79,385	£1,256	13
2022	£62,823	£837	17
2021	£63,929	£868	14
2020	£42,665	£765	3
2019	£56,000	£775	14
2018	£59,036	£685	11
2017	£58,208	£787	12
2016	£46,466	£547	9
2015	£50,111	£695	9
2014	£65,583	£824	6
2013	£29,988	£430	4
2012	£67,857	£738	7
2011	£92,100	£974	10
2010	£65,482	£841	4
2009	£97,124	£1,381	4
2008	£107,544	£1,592	11
2007	£85,630	£1,071	15
2006	£88,917	£1,135	6
2005	£66,746	£965	14
2004	£64,061	£957	9
2003	£37,002	£505	24
2002	£21,967	£321	15
2001	£19,542	£268	12
2000	£19,536	£266	7
1999	£23,244	£281	8
1998	£25,156	£323	8
1997	£24,000	£347	8
1996	£20,200	£286	7
1995	£21,775	£300	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,000		1
2023	£310,000	£2,952	1
2022	£175,000	£1,882	4
2021	£185,833	£1,610	3
2020	£247,250	£1,582	2
2019	£192,875	£1,287	4
2018	£164,700	£1,427	5
2017	£188,062	£1,269	8
2016	£163,000	£1,507	2
2014	£224,500	£2,113	2
2013	£125,000	£1,255	2
2009	£128,748	£1,713	6
2007	£140,000	£1,060	2
2006	£305,000	£1,916	1
2005	£225,000		1
2004	£201,833	£1,320	3
2003	£96,000	£980	1
2002	£146,500	£1,494	2
2001	£103,875	£730	4
2000	£85,750	£963	4
1999	£36,500	£285	2
1998	£88,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£37,000		1
2022	£750,625	£11,039	1
2020	£22,000	£155	1
2019	£620,000	£4,133	1
2018	£34,000	£531	1
2017	£195,311	£2,123	1
2015	£250,000	£2,137	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£96,000		1
2023	£92,417	£1,123	6
2022	£91,125	£1,191	4
2021	£77,250	£1,210	6
2020	£87,500	£868	2
2019	£80,833	£954	6
2018	£93,619	£1,284	8
2017	£84,000	£1,028	2
2016	£77,875	£784	4
2015	£59,892	£676	6
2014	£47,250	£599	2
2013	£67,612	£938	4
2011	£65,750	£910	2
2010	£75,817	£876	3
2009	£75,833	£1,005	3
2008	£132,997	£2,127	3
2007	£112,059	£1,471	8
2006	£79,000		1
2005	£59,695	£851	4
2004	£38,900	£566	2
2003	£50,437	£786	3
2002	£29,000		2
2001	£29,000	£353	1
2000	£26,000	£277	2
1999	£37,725	£342	2
1998	£34,000	£425	1
1997	£34,000		1
1996	£26,000	£295	1

House Type in DH7 7EJ area

The most common house types in the DH7 7EJ postcode area are Terraced (109), Detached (6), and Flat (6).

Total	126
Terraced	109
Detached	6
Flat	6
Semi-detached	3
Shared house	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Private rented: Private landlord or letting agency (28).

Owned: Owns outright	43
Private rented: Private landlord or letting agency	28
Owned: Owns with a mortgage or loan	26
Social rented: Other social rented	21
Private rented: Other private rented	6
Social rented: Rents from council or Local Authority	1
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the DH7 7EJ have 1 person in household (59), and 2 people in household (44).

1 person in household	59
2 people in household	44
3 people in household	17
4 people in household	5
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0