Housing Market Analysis for PROSPECT STREET, DH8 5LT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £69,000 median price is £69,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 PROSPECT STREET: £69,000 (Sold on 08 Aug 2007)
    • The first recorded sale happened at this postcode is 2 PROSPECT STREET: £69,000 (Sold on 08 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 5LT 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
2007£69,000 £1,683 1

All the Sales in the PROSPECT STREET, DH8 5LT

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

AddressSold DatePrice% Change
2 PROSPECT STREETTerraced, FreeholdArea: 41 Sq.mtrAge: before 190008 Aug 2007£69,000First Sale

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

PROSPECT STREET, DH8 5LT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £79,650 median price is £73,500 Standard Deviation is £45,588 with Total Sold: 1,797
    • The Last 5 Year average price is £96,165 with Total Sold: 331
    • The most recent sale happened at this postcode is , 6 ALEXANDRA STREET: £72,500 (Sold on 23 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 £96,322 median price is £95,000 Standard Deviation is £47,398 with Total Sold: 567
    • The Last 5 Year average price is £130,515 with Total Sold: 88
    • The most recent sale happened at this postcode is , 4 CARDOON ROAD: £155,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 11 BERTHA STREET: £26,500 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £150,537 median price is £115,050 Standard Deviation is £114,774 with Total Sold: 47
    • The Last 5 Year average price is £122,346 with Total Sold: 27
    • 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 £157,185 median price is £145,000 Standard Deviation is £83,210 with Total Sold: 161
    • The Last 5 Year average price is £222,017 with Total Sold: 32
    • 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 , 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£107,298 £1,025 25
2023£96,916 £1,132 53
2022£105,743 £1,191 68
2021£94,594 £1,084 71
2020£84,458 £913 59
2019£93,126 £1,039 55
2018£93,392 £956 64
2017£77,085 £840 56
2016£82,719 £931 57
2015£81,605 £844 43
2014£86,318 £907 40
2013£78,911 £859 41
2012£88,081 £892 38
2011£76,635 £873 26
2010£105,200 £1,118 52
2009£92,746 £998 45
2008£105,324 £1,107 62
2007£113,267 £1,317 131
2006£115,637 £1,374 130
2005£101,927 £1,218 87
2004£81,447 £970 77
2003£58,262 £639 70
2002£46,287 £447 72
2001£36,477 £406 69
2000£32,007 £358 58
1999£29,701 £307 53
1998£32,287 £364 49
1997£35,245 £337 49
1996£31,147 £353 47
1995£28,786 £325 50
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,000 £1,405 6
2023£139,204 £1,585 23
2022£141,246 £1,985 12
2021£120,503 £1,518 19
2020£103,917 £1,344 6
2019£120,983 £1,546 22
2018£106,921 £1,306 19
2017£102,450 £1,316 21
2016£110,663 £1,372 15
2015£122,000 £1,491 9
2014£105,500 £1,237 9
2013£91,094 £1,353 8
2012£103,208 £1,320 13
2011£95,012 £1,336 12
2010£104,400 £1,350 5
2009£102,499 £1,635 10
2008£154,775 £1,867 20
2007£133,443 £1,761 38
2006£136,043 £1,651 36
2005£132,936 £1,527 33
2004£103,454 £1,428 33
2003£64,165 £1,029 12
2002£56,780 £816 45
2001£48,723 £700 27
2000£45,831 £710 18
1999£39,085 £565 10
1998£42,854 £626 17
1997£43,805 £657 39
1996£45,200 £670 28
1995£28,900 £353 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,5002
2023£143,192 £3,143 6
2022£165,000 £2,045 7
2021£110,400 £890 5
2020£77,0004
2019£85,4003
2018£110,1717
2017£219,096 £772 7
2016£530,0001
2015£150,0003
2014£243,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£369,250 £2,344 2
2023£251,606 £2,939 8
2022£216,667 £2,371 3
2021£162,167 £1,910 3
2020£150,000 £1,632 2
2019£208,335 £2,160 14
2018£169,641 £1,763 7
2017£239,000 £1,542 3
2016£110,0001
2015£92,500 £1,871 1
2014£216,590 £1,744 5
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£183,994 £2,125 8
2005£145,438 £1,767 8
2004£158,718 £1,671 11
2003£126,104 £1,242 9
2002£110,532 £912 21
2001£92,428 £839 7
2000£63,988 £973 4
1999£170,000 £550 1
1998£63,500 £903 3
1997£56,286 £820 11
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 5LT area

The most common house types in the DH8 5LT 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 5LT 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