Housing Market Analysis for GIBSON STREET, DH8 5LB

Are you looking to understand DH8 5LB 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 DH8 5LB area, explore the DH8 5LB Area information page.
For comprehensive crime statistics in the DH8 5LB area, explore the DH8 5LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DH8 5LB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £110,000 median price is £110,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 GIBSON STREET: £110,000 (Sold on 22 Jan 2018)
    • The first recorded sale happened at this postcode is 10 GIBSON STREET: £110,000 (Sold on 22 Jan 2018)
  • Flat
    • The average price is around £35,000 median price is £35,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 GIBSON STREET: £35,000 (Sold on 29 Jan 2010)
    • The first recorded sale happened at this postcode is 2 GIBSON STREET: £35,000 (Sold on 29 Jan 2010)
  • Terraced
    • The average price is around £34,600 median price is £22,000 Standard Deviation is £22,642 with Total Sold: 5
    • The most recent sale happened at this postcode is 6 GIBSON STREET: £70,000 (Sold on 20 Dec 2001)
    • The first recorded sale happened at this postcode is 12 GIBSON STREET: £10,000 (Sold on 31 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 5LB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£110,000 £827 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£35,000 £686 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£70,000 £424 1
2000£22,0001
1999£52,0001
1996£19,0001
1995£10,0001

All the Sales in the GIBSON STREET, DH8 5LB

See the table below for more details on the sold house prices in the DH8 5LB, County Durham postcode.

AddressSold DatePrice% Change
10 GIBSON STREETDetached, FreeholdArea: 133 Sq.mtrAge: before 190022 Jan 2018£110,000First Sale
2 GIBSON STREETFlat, FreeholdArea: 51 Sq.mtrAge: 1900-192929 Jan 2010£35,000First Sale
6 GIBSON STREETTerraced, FreeholdArea: 165 Sq.mtrAge: 1900-192920 Dec 2001£70,000First Sale
12 GIBSON STREETTerraced, Freehold01 Sep 2000£22,00015.79%
04 Sep 1996£19,00090.00%
31 Jul 1995£10,000First Sale
7 GIBSON STREETTerraced, Freehold06 Apr 1999£52,000First Sale

Check out the sold house prices near the DH8 5LB postcode. Properties currently for saleProperties currently for rent

GIBSON STREET, DH8 5LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DH8 5LB 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 DH8 5LB postcode.

  • Terraced
    • The average price is around £77,981 median price is £72,000 Standard Deviation is £44,119 with Total Sold: 1,873
    • The Last 5 Year average price is £93,184 with Total Sold: 332
    • The most recent sale happened at this postcode is , 11 STATION TERRACE: £125,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 WEST VICTORIA STREET: £25,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £89,354 median price is £89,250 Standard Deviation is £42,844 with Total Sold: 768
    • The Last 5 Year average price is £122,278 with Total Sold: 116
    • The most recent sale happened at this postcode is , 3 ELMDALE ROAD: £135,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 THE CRESCENT: £45,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £147,884 median price is £111,525 Standard Deviation is £111,189 with Total Sold: 50
    • The Last 5 Year average price is £127,878 with Total Sold: 30
    • The most recent sale happened at this postcode is , 33 FRONT STREET: £72,000 (Sold on 13 Mar 2024)
    • The first recorded sale happened at this postcode is , THE WHEATSHEAF INN, 17 MIDDLE STREET: £175,000 (Sold on 21 Mar 2014)
  • Detached
    • The average price is around £131,069 median price is £128,000 Standard Deviation is £61,191 with Total Sold: 125
    • The Last 5 Year average price is £208,696 with Total Sold: 12
    • The most recent sale happened at this postcode is , 32 STUART COURT: £260,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 ROMANY DRIVE: £58,000 (Sold on 11 Jul 1996)
  • Flat
    • The average price is around £43,725 median price is £38,950 Standard Deviation is £22,594 with Total Sold: 140
    • The Last 5 Year average price is £51,438 with Total Sold: 17
    • The most recent sale happened at this postcode is , 178 MEDOMSLEY ROAD: £75,000 (Sold on 28 Nov 2023)
    • The first recorded sale happened at this postcode is , 12 BARR HOUSE AVENUE: £19,100 (Sold on 06 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,520 £1,097 26
2023£93,371 £1,092 52
2022£106,051 £1,191 69
2021£95,543 £1,088 75
2020£76,983 £887 57
2019£82,810 £922 53
2018£87,155 £928 62
2017£76,830 £836 59
2016£81,639 £908 61
2015£81,900 £859 45
2014£82,300 £885 46
2013£78,869 £872 43
2012£88,081 £892 38
2011£74,741 £851 29
2010£102,084 £1,093 56
2009£92,097 £988 47
2008£104,389 £1,103 67
2007£112,213 £1,305 136
2006£115,103 £1,363 133
2005£100,934 £1,198 89
2004£80,260 £942 82
2003£58,246 £644 74
2002£45,716 £454 76
2001£36,149 £395 73
2000£32,416 £361 61
1999£30,010 £306 58
1998£32,175 £398 52
1997£34,575 £342 53
1996£31,019 £353 49
1995£28,611 £325 52
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,875 £1,405 8
2023£139,758 £1,620 25
2022£124,438 £1,681 21
2021£115,329 £1,509 26
2020£97,962 £1,237 13
2019£109,828 £1,481 23
2018£104,313 £1,217 27
2017£100,923 £1,292 26
2016£99,708 £1,335 19
2015£108,214 £1,311 14
2014£102,250 £1,237 17
2013£88,575 £1,261 10
2012£100,950 £1,259 16
2011£96,929 £1,262 19
2010£97,189 £1,188 9
2009£102,908 £1,638 11
2008£136,068 £1,729 25
2007£130,040 £1,695 45
2006£128,445 £1,540 46
2005£120,912 £1,459 41
2004£101,788 £1,404 38
2003£69,599 £970 19
2002£56,282 £807 48
2001£46,945 £684 39
2000£44,130 £693 27
1999£38,123 £519 15
1998£39,985 £599 50
1997£42,965 £634 54
1996£43,259 £626 33
1995£37,450 £353 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£136,3333
2023£143,192 £3,143 6
2022£165,000 £2,045 7
2021£110,400 £890 5
2020£100,833 £724 6
2019£85,4003
2018£110,1717
2017£205,612 £772 6
2016£308,000 £809 2
2015£150,0003
2014£243,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,0001
2023£254,9705
2022£194,500 £1,925 2
2021£106,500 £1,690 1
2020£150,000 £1,632 2
2019£174,000 £1,261 1
2018£144,375 £1,404 4
2017£153,500 £1,542 2
2016£110,0001
2015£92,500 £1,871 1
2014£136,333 £1,905 3
2012£191,136 £1,385 10
2010£189,333 £1,387 3
2009£246,000 £1,718 2
2008£199,000 £1,895 1
2007£153,983 £1,680 6
2006£163,850 £2,125 7
2005£145,438 £1,767 8
2004£139,627 £1,745 11
2003£106,242 £1,208 8
2002£91,906 £891 19
2001£79,749 £839 4
2000£63,988 £973 4
1999£170,000 £550 1
1998£72,125 £903 4
1997£59,415 £820 10
1996£54,738 £661 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£52,500 £1,012 3
2022£55,000 £1,019 2
2021£52,928 £938 7
2020£54,000 £803 3
2019£37,225 £590 2
2018£33,000 £541 1
2017£73,000 £1,127 2
2016£45,333 £582 3
2015£34,750 £541 2
2014£26,500 £510 1
2013£25,000 £494 3
2012£42,100 £651 5
2011£43,500 £690 2
2010£60,000 £1,051 2
2009£49,000 £903 2
2008£55,000 £873 2
2007£78,249 £1,231 12
2006£71,400 £1,380 5
2005£63,488 £1,122 4
2004£70,729 £1,169 12
2003£29,945 £509 11
2002£29,420 £574 10
2001£27,438 £336 4
2000£24,470 £385 8
1999£30,190 £332 5
1998£20,875 £348 8
1997£18,719 £309 8
1996£34,667 £515 6
1995£26,420 £369 5

House Type in DH8 5LB area

The most common house types in the DH8 5LB postcode area are Terraced (103), commercial building (13), and Flat (10).

Total150
Terraced103
commercial building13
Flat10
Shared house8
Semi-detached7
Detached6
converted building3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (61), and Owned: Owns with a mortgage or loan (42).

Private rented: Private landlord or letting agency61
Owned: Owns with a mortgage or loan42
Owned: Owns outright38
Private rented: Other private rented6
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the DH8 5LB have 1 person in household (73), and 2 people in household (48).

1 person in household73
2 people in household48
3 people in household19
4 people in household6
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0