Housing Market Analysis for PALMERSTON STREET, DH8 5RB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £110,056 median price is £98,000 Standard Deviation is £23,833 with Total Sold: 9
    • The Last 5 Year average price is £90,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, NIALLESWAY PALMERSTON STREET: £98,000 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is 1, NIALLESWAY PALMERSTON STREET: £82,500 (Sold on 08 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 5RB 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
2021£98,000 £933 1
2015£90,000 £928 1
2013£96,000 £923 1
2010£80,000 £825 1
2008£139,000 £1,337 1
2007£135,000 £1,280 3
2023£82,500 £851 1

All the Sales in the PALMERSTON STREET, DH8 5RB

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

AddressSold DatePrice% Change
3, NIALLESWAY PALMERSTON STREETTerraced, FreeholdArea: 105 Sq.mtrAge: 2007 onwards19 Feb 2021£98,000-27.41%
20 Sep 2007£135,000First Sale
1, NIALLESWAY PALMERSTON STREETTerraced, FreeholdArea: 97 Sq.mtrAge: 1996-200216 Jul 2015£90,00012.50%
30 Jul 2010£80,000-3.03%
08 Dec 2023£82,500First Sale
2, NIALLESWAY PALMERSTON STREETTerraced, FreeholdArea: 104 Sq.mtrAge: 2003-200606 Sep 2013£96,000-30.94%
25 Apr 2008£139,000First Sale
4, NIALLESWAY PALMERSTON STREETTerraced, Freehold20 Sep 2007£135,000First Sale
5, NIALLESWAY PALMERSTON STREETTerraced, FreeholdArea: 106 Sq.mtrAge: 1991-199520 Sep 2007£135,000First Sale

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

PALMERSTON STREET, DH8 5RB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £72,332 median price is £69,470 Standard Deviation is £44,170 with Total Sold: 1,718
    • The Last 5 Year average price is £90,349 with Total Sold: 309
    • The most recent sale happened at this postcode is , 13 TEMPLE GARDENS: £55,000 (Sold on 09 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 £101,075 median price is £107,000 Standard Deviation is £39,215 with Total Sold: 463
    • The Last 5 Year average price is £125,818 with Total Sold: 71
    • 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)
  • Detached
    • The average price is around £142,184 median price is £140,000 Standard Deviation is £48,393 with Total Sold: 522
    • The Last 5 Year average price is £204,301 with Total Sold: 59
    • The most recent sale happened at this postcode is , 11 COTHERSTONE CLOSE: £315,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , CONSIDE HOUSE STANLEY STREET: £55,000 (Sold on 11 Apr 1997)
  • Other
    • The average price is around £218,783 median price is £120,000 Standard Deviation is £498,773 with Total Sold: 53
    • The Last 5 Year average price is £132,598 with Total Sold: 29
    • 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 , MOTOR SERVICES FORSTER STREET: £227,000 (Sold on 18 Oct 2013)
  • Flat
    • The average price is around £46,366 median price is £39,974 Standard Deviation is £25,168 with Total Sold: 102
    • The Last 5 Year average price is £51,342 with Total Sold: 13
    • The most recent sale happened at this postcode is , 6 TAYLOR STREET: £30,000 (Sold on 09 Oct 2023)
    • The first recorded sale happened at this postcode is , 23 BRITON TERRACE: £37,500 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£93,892 £1,050 23
2023£90,702 £1,086 46
2022£99,381 £1,185 68
2021£99,342 £1,274 81
2020£72,961 £868 48
2019£76,260 £925 43
2018£77,405 £895 56
2017£68,730 £885 52
2016£75,175 £939 51
2015£69,246 £814 47
2014£73,007 £893 35
2013£76,817 £874 39
2012£71,945 £778 20
2011£75,063 £1,048 39
2010£97,771 £1,152 49
2009£97,025 £1,090 43
2008£101,343 £1,189 55
2007£109,015 £1,366 127
2006£105,596 £1,339 129
2005£84,258 £1,128 74
2004£71,158 £902 80
2003£49,299 £599 73
2002£40,604 £434 76
2001£32,983 £385 63
2000£29,147 £362 58
1999£28,692 £332 42
1998£30,173 £400 54
1997£32,734 £312 43
1996£26,631 £347 47
1995£27,307 £335 57
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£138,875 £1,573 4
2023£143,096 £1,524 23
2022£123,050 £1,893 9
2021£125,773 £1,678 11
2020£109,844 £1,418 10
2019£106,929 £1,418 14
2018£102,154 £1,335 13
2017£103,938 £1,507 17
2016£106,700 £1,368 12
2015£114,187 £1,564 8
2014£106,167 £1,384 9
2013£101,600 £1,467 5
2012£111,429 £1,623 7
2011£105,137 £1,373 12
2010£101,678 £1,510 12
2009£107,230 £1,657 14
2008£116,946 £1,798 25
2007£135,072 £1,800 41
2006£129,115 £1,633 45
2005£130,210 £1,591 24
2004£101,564 £1,396 32
2003£70,621 £988 11
2002£56,309 £764 35
2001£48,035 £712 12
2000£42,170 £641 5
1999£40,833 £460 6
1998£41,490 £624 27
1997£40,989 £592 18
1995£32,250 £353 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,5002
2023£220,334 £2,220 16
2022£195,536 £2,100 11
2021£204,250 £2,034 10
2020£178,857 £1,723 7
2019£192,923 £1,880 13
2018£164,909 £1,725 11
2017£170,364 £1,641 11
2016£165,977 £1,749 11
2015£159,544 £1,541 17
2014£156,888 £1,628 17
2013£153,021 £1,560 14
2012£177,167 £1,433 6
2011£147,399 £1,492 15
2010£193,741 £1,461 6
2009£150,812 £1,531 8
2008£178,533 £1,843 12
2007£164,714 £1,716 22
2006£165,162 £1,723 23
2005£162,029 £1,737 22
2004£156,372 £1,530 49
2003£135,578 £1,383 57
2002£99,737 £947 80
2001£86,641 £878 55
2000£83,043 £825 20
1999£121,750 £550 2
1998£105,000 £533 1
1997£53,719 £799 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,5002
2023£143,192 £3,143 6
2022£173,722 £2,045 9
2021£127,5004
2020£96,7005
2019£85,4003
2018£110,1717
2017£192,116 £531 8
2016£283,0002
2015£150,0003
2014£1,399,6673
2013£227,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£41,250 £795 2
2022£55,000 £1,019 2
2021£56,700 £1,021 5
2020£58,500 £884 2
2019£37,225 £590 2
2018£33,000 £541 1
2017£73,000 £1,127 2
2016£39,300 £514 5
2015£34,750 £541 2
2013£25,500 £508 2
2012£31,750 £524 2
2011£43,500 £690 2
2010£60,000 £1,051 2
2008£55,000 £873 2
2007£76,777 £1,150 9
2006£86,590 £1,525 5
2005£64,667 £1,122 3
2004£72,125 £1,159 10
2003£28,564 £499 7
2002£30,000 £553 6
2001£28,500 £328 3
2000£9,000 £167 1
1999£38,983 £377 3
1998£21,071 £352 7
1997£18,208 £294 6
1996£34,667 £515 6
1995£30,000 £428 3

House Type in DH8 5RB area

The most common house types in the DH8 5RB postcode area are Terraced (105), Semi-detached (14), and commercial building (6).

Total134
Terraced105
Semi-detached14
commercial building6
Detached3
Flat2
Shared house2
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (40), and Owned: Owns outright (38).

Private rented: Private landlord or letting agency40
Owned: Owns outright38
Owned: Owns with a mortgage or loan30
Private rented: Other private rented10
Social rented: Other social rented9
Social rented: Rents from council or Local Authority5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DH8 5RB have 1 person in household (49), and 2 people in household (47).

1 person in household49
2 people in household47
3 people in household17
4 people in household15
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0