Housing Market Analysis for REDWOOD FLATS, DH7 8PZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £45,333 median price is £40,000 Standard Deviation is £13,634 with Total Sold: 6
    • The most recent sale happened at this postcode is 59 REDWOOD FLATS: £40,000 (Sold on 19 Jan 2018)
    • The first recorded sale happened at this postcode is 52 REDWOOD FLATS: £37,000 (Sold on 16 Jan 2004)
  • Flat
    • The average price is around £57,500 median price is £57,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 REDWOOD FLATS: £57,500 (Sold on 14 Nov 2003)
    • The first recorded sale happened at this postcode is 55 REDWOOD FLATS: £57,500 (Sold on 14 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average DH7 8PZ 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
2018£55,000 £524 2
2017£29,000 £284 1
2015£56,000 £556 1
2013£40,0001
2004£37,000 £363 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£57,500 £508 1

All the Sales in the REDWOOD FLATS, DH7 8PZ

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

AddressSold DatePrice% Change
59 REDWOOD FLATSTerraced, FreeholdArea: 113.422 Sq.mtrAge: 1950-196619 Jan 2018£40,000First Sale
75 REDWOOD FLATSTerraced, FreeholdArea: 100.74 Sq.mtrAge: 1950-196605 Jan 2018£70,00025.00%
13 Nov 2015£56,000First Sale
52 REDWOOD FLATSTerraced, FreeholdArea: 102 Sq.mtrAge: 1950-196607 Dec 2017£29,000-21.62%
16 Jan 2004£37,000First Sale
42 REDWOOD FLATSTerraced, Freehold24 May 2013£40,000First Sale
55 REDWOOD FLATSFlat, FreeholdArea: 113.26 Sq.mtrAge: 1950-196614 Nov 2003£57,500First Sale

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

REDWOOD FLATS, DH7 8PZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £79,616 median price is £80,000 Standard Deviation is £34,969 with Total Sold: 442
    • The Last 5 Year average price is £104,609 with Total Sold: 88
    • 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 £162,396 median price is £146,498 Standard Deviation is £94,671 with Total Sold: 134
    • 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 £80,988 median price is £76,000 Standard Deviation is £43,967 with Total Sold: 351
    • The Last 5 Year average price is £103,426 with Total Sold: 65
    • 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£117,262 £1,539 13
2022£117,872 £1,662 16
2021£102,798 £1,344 21
2020£96,038 £1,256 13
2019£84,889 £1,034 18
2018£94,717 £1,084 9
2017£90,583 £1,135 12
2016£90,464 £1,187 14
2015£86,950 £1,109 10
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£109,364 £1,363 25
2006£94,694 £1,032 19
2005£97,729 £1,391 26
2004£80,375 £1,050 30
2003£68,817 £982 12
2002£51,072 £684 28
2001£44,309 £558 18
2000£35,634 £471 19
1999£38,750 £504 12
1998£43,800 £515 5
1997£42,491 £575 16
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£165,181 £981 8
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£67,3754
2023£98,367 £1,286 15
2022£102,250 £1,195 12
2021£108,086 £1,306 14
2020£125,682 £1,450 11
2019£95,000 £998 9
2018£96,059 £1,173 16
2017£88,090 £978 15
2016£84,261 £1,139 12
2015£65,263 £863 15
2014£80,944 £915 9
2013£73,139 £1,017 14
2012£137,500 £1,496 2
2011£70,500 £820 3
2010£72,517 £948 6
2009£93,650 £1,323 8
2008£77,542 £962 6
2007£95,998 £1,394 19
2006£99,288 £1,367 34
2005£108,897 £1,365 23
2004£72,411 £857 19
2003£71,196 £950 12
2002£48,712 £595 10
2001£44,285 £519 14
2000£29,525 £363 12
1999£45,241 £538 11
1998£47,611 £550 9
1997£35,010 £457 8
1996£36,690 £513 5
1995£45,375 £636 4
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 8PZ area

The most common house types in the DH7 8PZ 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 8PZ 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