Housing Market Analysis for REDWOOD FLATS, DH7 8PY

Are you looking to understand DH7 8PY 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 8PY area, explore the DH7 8PY Area information page.
For comprehensive crime statistics in the DH7 8PY area, explore the DH7 8PY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DH7 8PY postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £58,000 median price is £58,000 Standard Deviation is £25,000 with Total Sold: 2
    • The Last 5 Year average price is £83,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 REDWOOD FLATS: £83,000 (Sold on 03 Oct 2022)
    • The first recorded sale happened at this postcode is 7 REDWOOD FLATS: £33,000 (Sold on 24 Apr 2015)
  • Flat
    • The average price is around £45,072 median price is £45,072 Standard Deviation is £13,072 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 REDWOOD FLATS: £58,143 (Sold on 30 Nov 2005)
    • The first recorded sale happened at this postcode is 7 REDWOOD FLATS: £32,000 (Sold on 15 Mar 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average DH7 8PY 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
2022£83,000 £922 1
2015£33,000 £379 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£58,143 £668 1
2002£32,000 £368 1

All the Sales in the REDWOOD FLATS, DH7 8PY

See the table below for more details on the sold house prices in the DH7 8PY, County Durham postcode.

AddressSold DatePrice% Change
18 REDWOOD FLATSTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-196603 Oct 2022£83,000First Sale
7 REDWOOD FLATSTerraced, FreeholdArea: 87 Sq.mtrAge: 1930-194924 Apr 2015£33,000-43.24%
30 Nov 2005£58,14381.70%
15 Mar 2002£32,000First Sale

Check out the sold house prices near the DH7 8PY postcode. Properties currently for saleProperties currently for rent

REDWOOD FLATS, DH7 8PY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DH7 8PY 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 8PY postcode.

  • Semi-Detached
    • The average price is around £77,999 median price is £79,000 Standard Deviation is £34,538 with Total Sold: 479
    • The Last 5 Year average price is £103,532 with Total Sold: 95
    • The most recent sale happened at this postcode is , 71 DEERNESS HEIGHTS: £130,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 FIR AVENUE: £36,500 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £87,941 median price is £92,000 Standard Deviation is £35,523 with Total Sold: 61
    • The Last 5 Year average price is £63,244 with Total Sold: 17
    • The most recent sale happened at this postcode is , 11 ST ANDREWS SQUARE: £37,000 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 : £64,750 (Sold on 23 Aug 1996)
  • Detached
    • The average price is around £162,226 median price is £146,000 Standard Deviation is £95,006 with Total Sold: 133
    • The Last 5 Year average price is £281,516 with Total Sold: 19
    • The most recent sale happened at this postcode is , MENTMORE HOUSE RUSHEY GILL: £310,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 LOWLAND ROAD: £57,000 (Sold on 15 Sep 1995)
  • Terraced
    • The average price is around £75,231 median price is £74,950 Standard Deviation is £37,228 with Total Sold: 399
    • The Last 5 Year average price is £93,757 with Total Sold: 71
    • The most recent sale happened at this postcode is , 22 PINE LEA: £70,500 (Sold on 22 May 2024)
    • The first recorded sale happened at this postcode is , 9 ALDER PARK: £26,500 (Sold on 07 Jul 1995)
  • Other
    • The average price is around £195,807 median price is £12,500 Standard Deviation is £408,780 with Total Sold: 6
    • The Last 5 Year average price is £289,798 with Total Sold: 4
    • The most recent sale happened at this postcode is , 30 ST ANDREWS SQUARE: £7,950 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is , MONUMENT HOUSE, 44 : £10,000 (Sold on 14 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£122,857 £980 7
2023£114,029 £1,490 14
2022£116,229 £1,676 17
2021£100,837 £1,325 23
2020£96,067 £1,232 15
2019£86,474 £1,051 19
2018£89,223 £1,040 11
2017£90,583 £1,135 12
2016£89,833 £1,183 15
2015£86,591 £1,109 11
2014£89,996 £975 14
2013£77,150 £942 10
2012£83,000 £1,001 5
2011£87,312 £993 12
2010£107,167 £1,495 6
2009£100,000 £574 5
2008£101,267 £1,813 15
2007£107,587 £1,358 24
2006£94,309 £1,032 20
2005£94,696 £1,329 31
2004£78,611 £1,025 34
2003£64,165 £911 17
2002£49,493 £653 32
2001£43,978 £555 20
2000£35,093 £464 22
1999£38,304 £488 13
1998£43,800 £515 5
1997£39,353 £528 18
1996£35,531 £377 13
1995£37,442 £487 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£37,0001
2023£75,925 £989 4
2022£67,083 £1,315 6
2021£56,500 £1,130 1
2019£55,090 £1,060 5
2018£62,250 £1,157 2
2016£170,000 £1,856 1
2015£32,500 £722 1
2014£63,250 £1,141 2
2013£25,000 £556 1
2012£62,000 £1,148 1
2008£92,475 £1,567 2
2007£119,982 £2,276 3
2006£123,500 £2,377 8
2005£112,832 £2,095 17
2004£49,250 £449 2
2003£57,500 £508 1
2002£32,000 £368 1
1998£44,9501
1996£64,750 £707 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,0001
2023£257,935 £2,592 3
2022£319,000 £2,470 5
2021£257,083 £2,429 6
2020£281,875 £1,788 4
2018£232,143 £2,096 7
2017£243,500 £1,233 2
2016£298,333 £1,875 3
2015£163,750 £1,794 4
2014£186,125 £1,602 4
2013£186,250 £1,873 2
2012£158,000 £1,184 2
2011£196,000 £2,128 3
2010£180,490 £1,640 5
2009£160,000 £1,739 1
2008£180,000 £1,830 1
2007£162,349 £981 7
2006£177,749 £1,559 6
2005£195,400 £2,118 5
2004£180,250 £1,203 2
2003£98,438 £1,071 8
2002£107,353 £1,012 16
2001£105,391 £960 16
2000£87,817 £1,201 3
1999£70,667 £731 3
1998£73,488 £684 4
1997£129,1673
1996£59,353 £846 6
1995£57,000 £467 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£74,6756
2023£87,842 £1,142 19
2022£89,917 £1,089 12
2021£106,547 £1,277 15
2020£100,750 £1,291 10
2019£95,000 £998 9
2018£81,644 £1,037 17
2017£83,631 £949 21
2016£81,149 £1,083 14
2015£66,026 £870 17
2014£65,389 £867 9
2013£69,707 £927 19
2012£81,500 £1,636 2
2011£65,625 £755 4
2010£72,871 £948 7
2009£87,650 £1,194 8
2008£82,170 £987 10
2007£96,203 £1,371 22
2006£97,915 £1,343 38
2005£96,080 £1,288 26
2004£72,610 £855 21
2003£59,483 £1,001 15
2002£44,730 £580 9
2001£37,876 £526 15
2000£30,253 £371 15
1999£40,865 £539 10
1998£34,500 £486 10
1997£28,504 £444 8
1996£35,567 £513 6
1995£42,850 £577 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£7,950 £115 1
2020£383,7473
2017£5,650 £83 1
2016£10,0001

House Type in DH7 8PY area

The most common house types in the DH7 8PY postcode area are Flat (62), Shared house (35), and Terraced (29).

Total149
Flat62
Shared house35
Terraced29
Semi-detached21
Detached1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (61), and Social rented: Other social rented (47).

Social rented: Rents from council or Local Authority61
Social rented: Other social rented47
Owned: Owns with a mortgage or loan25
Private rented: Private landlord or letting agency9
Owned: Owns outright2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DH7 8PY have 1 person in household (95), and 2 people in household (26).

1 person in household95
2 people in household26
3 people in household10
4 people in household7
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0