Housing Market Analysis for PALM LEA, DH7 8SW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £58,750 median price is £62,250 Standard Deviation is £19,365 with Total Sold: 8
    • The Last 5 Year average price is £68,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 PALM LEA: £68,000 (Sold on 19 Sep 2023)
    • The first recorded sale happened at this postcode is 20 PALM LEA: £28,000 (Sold on 09 Jul 1999)
  • Semi-Detached
    • The average price is around £29,000 median price is £29,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 PALM LEA: £29,000 (Sold on 28 Jan 2005)
    • The first recorded sale happened at this postcode is 16 PALM LEA: £29,000 (Sold on 28 Jan 2005)
  • Detached
    • The average price is around £43,750 median price is £43,750 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 PALM LEA: £43,750 (Sold on 31 May 2002)
    • The first recorded sale happened at this postcode is 19 PALM LEA: £43,750 (Sold on 31 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average DH7 8SW 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£68,000 £810 1
2018£69,500 £808 1
2015£49,000 £583 1
2011£56,500 £673 1
2007£85,0001
2005£80,0001
2000£34,000 £395 1
1999£28,000 £275 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£29,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£43,7501

All the Sales in the PALM LEA, DH7 8SW

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

AddressSold DatePrice% Change
15 PALM LEATerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192919 Sep 2023£68,000First Sale
1 PALM LEATerraced, FreeholdArea: 86 Sq.mtrAge: 1950-196628 Sep 2018£69,500104.41%
01 Sep 2000£34,000First Sale
11 PALM LEATerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196618 May 2015£49,000First Sale
6 PALM LEATerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196602 Jun 2011£56,500First Sale
18 PALM LEATerraced, Freehold20 Apr 2007£85,000First Sale
16 PALM LEASemi-Detached, Freehold28 Jan 2005£29,000First Sale
4 PALM LEATerraced, Freehold28 Jan 2005£80,000First Sale
19 PALM LEADetached, Freehold31 May 2002£43,750First Sale
20 PALM LEATerraced, FreeholdArea: 102 Sq.mtrAge: 1950-196609 Jul 1999£28,000First Sale

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

PALM LEA, DH7 8SW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £80,252 median price is £77,000 Standard Deviation is £35,612 with Total Sold: 348
    • The Last 5 Year average price is £104,155 with Total Sold: 72
    • 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 £81,524 median price is £76,000 Standard Deviation is £44,432 with Total Sold: 337
    • The Last 5 Year average price is £104,471 with Total Sold: 63
    • 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£125,000 £980 6
2023£113,145 £1,574 10
2022£117,079 £1,693 12
2021£102,566 £1,374 19
2020£98,125 £1,293 12
2019£83,577 £1,054 13
2018£88,992 £1,199 6
2017£96,889 £1,210 9
2016£88,438 £1,194 8
2015£86,950 £1,109 10
2014£89,999 £996 6
2013£73,500 £946 9
2012£82,500 £948 2
2011£94,469 £1,035 8
2010£112,800 £1,572 5
2009£97,333 £434 3
2008£101,643 £1,813 14
2007£112,563 £1,467 18
2006£97,761 £1,032 16
2005£100,514 £1,471 22
2004£81,103 £1,095 23
2003£68,817 £982 12
2002£52,227 £718 23
2001£47,481 £600 13
2000£37,550 £491 15
1999£39,455 £550 11
1998£45,125 £564 4
1997£43,377 £587 13
1996£36,117 £408 12
1995£39,850 £513 14
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£104,182 £1,240 11
2021£108,086 £1,306 14
2020£132,250 £1,543 10
2019£95,000 £998 9
2018£96,163 £1,189 15
2017£88,090 £978 15
2016£84,261 £1,139 12
2015£65,263 £863 15
2014£80,944 £915 9
2013£72,461 £1,044 13
2012£137,500 £1,496 2
2011£73,250 £945 2
2010£72,517 £948 6
2009£93,650 £1,323 8
2008£81,850 £1,057 5
2007£94,942 £1,408 18
2006£100,588 £1,409 32
2005£110,911 £1,431 21
2004£72,411 £857 19
2003£71,196 £950 12
2002£48,712 £595 10
2001£47,746 £551 12
2000£30,377 £381 11
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 8SW area

The most common house types in the DH7 8SW postcode area are Terraced (83), Semi-detached (51), and Detached (30).

Total165
Terraced83
Semi-detached51
Detached30
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Private rented: Private landlord or letting agency (41).

Owned: Owns outright47
Private rented: Private landlord or letting agency41
Owned: Owns with a mortgage or loan36
Social rented: Rents from council or Local Authority25
Social rented: Other social rented15
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DH7 8SW have 1 person in household (79), and 2 people in household (48).

1 person in household79
2 people in household48
3 people in household18
4 people in household17
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0