Housing Market Analysis for GEORGE STREET, DH8 5LN

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

Overview of Sold House prices

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

Terraced
- The average price is around £72,731 median price is £59,000 Standard Deviation is £38,734 with Total Sold: 16
- The Last 5 Year average price is £154,000 with Total Sold: 2
- The most recent sale happened at this postcode is 2 GEORGE STREET: £155,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 34 GEORGE STREET: £21,000 (Sold on 07 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 5LN 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	£155,000	£1,454	1
2022	£153,000	£1,007	1
2016	£75,000	£688	1
2015	£69,625	£507	2
2013	£63,000		1
2012	£55,000	£516	1
2010	£93,000	£859	1
2006	£102,500		1
2005	£95,000		1
2003	£53,950		1
2001	£43,000		1
1999	£36,000	£281	2
1996	£43,000	£303	1
1995	£21,000		1

All the Sales in the GEORGE STREET, DH8 5LN

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

Address	Sold Date	Price	% Change
2 GEORGE STREETTerraced, FreeholdArea: 106.6 Sq.mtrAge: 1900-1929	31 Oct 2023	£155,000	181.82%
	08 Mar 2012	£55,000	First Sale
26 GEORGE STREETTerraced, FreeholdArea: 152 Sq.mtrAge: before 1900	22 Apr 2022	£153,000	70.00%
	21 Aug 2015	£90,000	First Sale
31 GEORGE STREETTerraced, FreeholdArea: 109 Sq.mtrAge: 1900-1929	23 Nov 2016	£75,000	First Sale
38 GEORGE STREETTerraced, FreeholdArea: 117 Sq.mtrAge: 1900-1929	16 Feb 2015	£49,250	First Sale
36 GEORGE STREETTerraced, Freehold	20 Sep 2013	£63,000	-38.54%
	10 Nov 2006	£102,500	7.89%
	15 Dec 2005	£95,000	76.09%
	14 Feb 2003	£53,950	25.47%
	26 Jan 2001	£43,000	First Sale
30 GEORGE STREETTerraced, FreeholdArea: 108.32 Sq.mtrAge: before 1900	09 Mar 2010	£93,000	272.00%
	06 Dec 1999	£25,000	First Sale
32 GEORGE STREETTerraced, FreeholdArea: 142 Sq.mtrAge: before 1900	28 May 1999	£47,000	9.30%
	26 Jul 1996	£43,000	First Sale
34 GEORGE STREETTerraced, Freehold	07 Jul 1995	£21,000	First Sale

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

GEORGE STREET, DH8 5LN Near By properties

Interactive Map

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

Terraced
- The average price is around £78,015 median price is £72,000 Standard Deviation is £44,525 with Total Sold: 1,749
- The Last 5 Year average price is £94,390 with Total Sold: 306
- The most recent sale happened at this postcode is , 16 CLARENCE GARDENS: £169,950 (Sold on 11 Sep 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 £90,558 median price is £90,000 Standard Deviation is £45,552 with Total Sold: 786
- The Last 5 Year average price is £123,989 with Total Sold: 118
- 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 £147,024 median price is £108,000 Standard Deviation is £110,261 with Total Sold: 51
- The Last 5 Year average price is £127,108 with Total Sold: 31
- 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 £148,587 median price is £135,000 Standard Deviation is £85,557 with Total Sold: 151
- The Last 5 Year average price is £243,357 with Total Sold: 15
- The most recent sale happened at this postcode is , 4 PARKSIDE: £478,500 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 281 MEDOMSLEY ROAD: £50,000 (Sold on 07 Apr 1995)
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£109,765	£1,001	24
2023	£94,467	£1,156	51
2022	£104,959	£1,177	62
2021	£98,295	£1,107	65
2020	£79,040	£918	53
2019	£85,205	£934	51
2018	£93,164	£957	60
2017	£80,227	£906	55
2016	£81,198	£907	58
2015	£82,940	£856	44
2014	£83,367	£883	43
2013	£78,080	£867	42
2012	£86,894	£887	37
2011	£78,393	£898	28
2010	£102,977	£1,106	53
2009	£93,838	£1,017	46
2008	£105,041	£1,088	63
2007	£106,697	£1,213	107
2006	£114,693	£1,353	121
2005	£102,554	£1,218	86
2004	£80,983	£973	75
2003	£59,096	£651	75
2002	£46,658	£479	74
2001	£37,350	£402	72
2000	£33,329	£369	59
1999	£30,200	£310	58
1998	£33,257	£422	48
1997	£36,133	£351	45
1996	£31,460	£371	47
1995	£28,865	£331	47

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£164,143	£1,405	7
2023	£140,690	£1,641	26
2022	£124,533	£1,654	21
2021	£115,288	£1,480	28
2020	£98,808	£1,201	13
2019	£117,220	£1,532	23
2018	£106,054	£1,210	27
2017	£103,979	£1,300	26
2016	£111,769	£1,301	24
2015	£116,711	£1,322	14
2014	£102,250	£1,237	17
2013	£88,575	£1,261	10
2012	£100,950	£1,259	16
2011	£97,832	£1,286	20
2010	£97,189	£1,188	9
2009	£102,908	£1,638	11
2008	£144,322	£1,729	27
2007	£129,548	£1,653	38
2006	£128,499	£1,522	43
2005	£125,552	£1,468	44
2004	£102,022	£1,342	43
2003	£71,721	£970	20
2002	£56,328	£819	49
2001	£47,699	£684	37
2000	£45,052	£717	29
1999	£44,782	£550	17
1998	£40,421	£599	48
1997	£42,965	£634	54
1996	£43,186	£596	38
1995	£39,614	£376	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£136,333		3
2023	£143,192	£3,143	6
2022	£165,000	£2,045	7
2021	£110,400	£890	5
2020	£101,286	£981	7
2019	£85,400		3
2018	£110,171		7
2017	£205,612	£772	6
2016	£308,000	£809	2
2015	£150,000		3
2014	£243,500		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£369,250	£2,344	2
2023	£254,970		5
2022	£194,500	£1,925	2
2021	£218,250	£1,700	2
2020	£150,000	£1,632	2
2019	£255,750	£1,629	2
2018	£144,375	£1,404	4
2017	£239,000	£1,542	3
2016	£110,000		1
2015	£133,750	£1,797	2
2014	£195,825	£1,605	6
2012	£191,136	£1,385	10
2010	£227,000	£1,387	4
2009	£246,000	£1,718	2
2008	£279,333	£1,665	3
2007	£153,983	£1,680	6
2006	£179,106	£1,897	9
2005	£145,438	£1,767	8
2004	£161,146	£1,665	13
2003	£126,994	£1,158	10
2002	£110,532	£912	21
2001	£92,428	£839	7
2000	£73,200	£878	5
1999	£170,000	£550	1
1998	£64,625	£826	4
1997	£57,846	£820	12
1996	£54,738	£661	4
1995	£50,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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 5LN area

The most common house types in the DH8 5LN postcode area are Terraced (101), Semi-detached (28), and Shared house (10).

Total	147
Terraced	101
Semi-detached	28
Shared house	10
Detached	6
Flat	1
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (43), and Owned: Owns outright (38).

Private rented: Private landlord or letting agency	43
Owned: Owns outright	38
Owned: Owns with a mortgage or loan	36
Social rented: Rents from council or Local Authority	12
Social rented: Other social rented	11
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the DH8 5LN have 1 person in household (61), and 2 people in household (49).

1 person in household	61
2 people in household	49
3 people in household	18
4 people in household	13
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0