Housing Market Analysis for PALMERSTON STREET, DH8 5RF

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £68,562 median price is £68,500 Standard Deviation is £26,772 with Total Sold: 8
- The Last 5 Year average price is £92,500 with Total Sold: 2
- The most recent sale happened at this postcode is 14 PALMERSTON STREET: £68,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 49 PALMERSTON STREET: £32,500 (Sold on 09 Jul 1999)
Terraced
- The average price is around £62,018 median price is £57,000 Standard Deviation is £28,230 with Total Sold: 30
- The Last 5 Year average price is £83,050 with Total Sold: 10
- The most recent sale happened at this postcode is 31 PALMERSTON STREET: £65,000 (Sold on 13 Oct 2022)
- The first recorded sale happened at this postcode is 12 PALMERSTON STREET: £89,000 (Sold on 18 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 5RF 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£92,500	£856	2
2011	£80,000	£772	1
2006	£95,000	£819	1
2004	£69,000	£620	1
2003	£44,000	£425	1
2002	£43,000	£415	1
1999	£32,500	£314	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£87,500	£960	2
2021	£122,000	£968	1
2020	£58,000	£584	3
2019	£90,167	£942	3
2018	£60,750	£715	2
2017	£46,998	£417	2
2015	£110,000	£809	1
2014	£69,950	£864	1
2011	£53,000	£539	1
2007	£105,000	£833	1
2006	£68,000		1
2003	£71,000	£486	1
2002	£47,000	£342	2
2000	£17,000		1
1999	£25,500	£268	1
1998	£33,500		2
1997	£40,900		2
1996	£26,150	£284	2
2024	£89,000		1

All the Sales in the PALMERSTON STREET, DH8 5RF

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

Address	Sold Date	Price	% Change
14 PALMERSTON STREETSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1900-1929	06 Oct 2023	£68,000	-1.45%
	21 Jan 2004	£69,000	First Sale
6 PALMERSTON STREETSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1900-1929	27 Jun 2023	£117,000	23.16%
	15 Aug 2006	£95,000	First Sale
31 PALMERSTON STREETTerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	13 Oct 2022	£65,000	154.90%
	15 Jun 1999	£25,500	First Sale
13 PALMERSTON STREETTerraced, FreeholdArea: 89 Sq.mtrAge: 1900-1929	11 Feb 2022	£110,000	First Sale
20 PALMERSTON STREETTerraced, FreeholdArea: 126 Sq.mtrAge: 1900-1929	29 Sep 2021	£122,000	103.33%
	22 May 2020	£60,000	-42.86%
	13 Jun 2007	£105,000	First Sale
18 PALMERSTON STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	18 Sep 2020	£64,000	First Sale
1 PALMERSTON STREETTerraced, FreeholdArea: 82 Sq.mtrAge: before 1900	07 Aug 2020	£50,000	First Sale
12 PALMERSTON STREETTerraced, FreeholdArea: 106 Sq.mtrAge: before 1900	07 Jun 2019	£70,000	-21.35%
	18 Apr 2024	£89,000	First Sale
4 PALMERSTON STREETTerraced, FreeholdArea: 89 Sq.mtrAge: before 1900	28 May 2019	£92,500	72.90%
	28 Feb 2018	£53,500	111.46%
	06 Sep 1996	£25,300	First Sale
4A PALMERSTON STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1950-1966	29 Mar 2019	£108,000	170.03%
	03 Nov 2017	£39,995	First Sale
5 PALMERSTON STREETTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	17 Sep 2018	£68,000	First Sale
35 PALMERSTON STREETTerraced, Freehold	09 Feb 2017	£54,000	42.11%
35 PALMERSTON STREETTerraced, Freehold	28 Feb 1997	£38,000	First Sale
8 PALMERSTON STREETTerraced, FreeholdArea: 136 Sq.mtrAge: 1900-1929	07 Aug 2015	£110,000	First Sale
15 PALMERSTON STREETTerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	17 Jan 2014	£69,950	First Sale
7 PALMERSTON STREETTerraced, FreeholdArea: 98.4 Sq.mtrAge: before 1900	15 Jul 2011	£53,000	First Sale
49 PALMERSTON STREETSemi-Detached, FreeholdArea: 103.65 Sq.mtrAge: before 1900	15 Jul 2011	£80,000	81.82%
	11 Mar 2003	£44,000	2.33%
	18 Oct 2002	£43,000	32.31%
	09 Jul 1999	£32,500	First Sale
11 PALMERSTON STREETTerraced, Freehold	08 Dec 2006	£68,000	300.00%
11 PALMERSTON STREETTerraced, Freehold	20 Nov 2000	£17,000	First Sale
2 PALMERSTON STREETTerraced, FreeholdArea: 146 Sq.mtrAge: before 1900	17 Dec 2003	£71,000	42.00%
	04 Oct 2002	£50,000	First Sale
27 PALMERSTON STREETTerraced, Freehold	30 Oct 2002	£44,000	62.96%
27 PALMERSTON STREETTerraced, Freehold	23 Feb 1996	£27,000	First Sale
43 PALMERSTON STREETTerraced, Freehold	23 Sep 1998	£35,000	First Sale
17 PALMERSTON STREETTerraced, Freehold	17 Apr 1998	£32,000	First Sale
47 PALMERSTON STREETTerraced, Freehold	22 Aug 1997	£43,800	First Sale

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

PALMERSTON STREET, DH8 5RF Near By properties

Interactive Map

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

Terraced
- The average price is around £71,868 median price is £68,000 Standard Deviation is £43,489 with Total Sold: 1,881
- The Last 5 Year average price is £90,373 with Total Sold: 340
- 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 £95,311 median price is £102,000 Standard Deviation is £40,137 with Total Sold: 560
- The Last 5 Year average price is £124,673 with Total Sold: 77
- 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 £211,754 median price is £115,050 Standard Deviation is £481,969 with Total Sold: 57
- The Last 5 Year average price is £132,308 with Total Sold: 32
- 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)
Detached
- The average price is around £138,835 median price is £138,000 Standard Deviation is £48,888 with Total Sold: 459
- The Last 5 Year average price is £201,329 with Total Sold: 54
- 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 , 25 ROMANY DRIVE: £58,000 (Sold on 27 Sep 1996)
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£98,140	£1,050	25
2023	£90,286	£1,073	50
2022	£99,138	£1,174	75
2021	£97,933	£1,256	86
2020	£74,114	£872	54
2019	£77,984	£912	50
2018	£78,266	£894	59
2017	£69,301	£866	58
2016	£74,352	£907	58
2015	£69,362	£810	52
2014	£71,179	£851	41
2013	£74,665	£864	43
2012	£70,385	£755	27
2011	£74,426	£1,045	41
2010	£96,918	£1,119	52
2009	£95,801	£1,084	45
2008	£99,154	£1,154	61
2007	£108,376	£1,362	133
2006	£105,899	£1,322	136
2005	£83,880	£1,121	79
2004	£71,489	£892	87
2003	£50,965	£605	84
2002	£40,688	£442	82
2001	£34,128	£389	69
2000	£29,367	£364	64
1999	£29,781	£330	52
1998	£29,796	£392	57
1997	£32,689	£333	48
1996	£27,961	£347	53
1995	£26,808	£330	60

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£138,875	£1,573	4
2023	£142,383	£1,583	24
2022	£123,045	£1,909	10
2021	£121,308	£1,606	13
2020	£109,844	£1,418	10
2019	£107,578	£1,435	16
2018	£102,154	£1,335	13
2017	£103,938	£1,507	17
2016	£105,390	£1,390	15
2015	£109,350	£1,568	10
2014	£106,167	£1,384	9
2013	£91,500	£1,370	8
2012	£110,000	£1,623	8
2011	£103,081	£1,355	14
2010	£103,087	£1,455	13
2009	£107,982	£1,663	15
2008	£117,448	£1,804	26
2007	£133,498	£1,826	45
2006	£127,953	£1,671	50
2005	£129,202	£1,591	25
2004	£103,758	£1,459	35
2003	£70,564	£952	13
2002	£55,582	£777	39
2001	£48,786	£739	21
2000	£44,937	£727	11
1999	£43,895	£601	10
1998	£41,876	£639	35
1997	£43,053	£653	38
1996	£45,957	£726	11
1995	£32,250	£353	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£136,333		3
2023	£143,192	£3,143	6
2022	£173,722	£2,045	9
2021	£127,500		4
2020	£90,857	£724	7
2019	£85,400		3
2018	£110,171		7
2017	£192,116	£531	8
2016	£217,333	£809	3
2015	£150,000		3
2014	£1,399,667		3
2013	£227,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,000		1
2023	£217,023	£2,203	15
2022	£195,536	£2,100	11
2021	£200,056	£2,019	9
2020	£178,857	£1,723	7
2019	£195,727	£1,916	11
2018	£163,000	£1,736	10
2017	£163,222	£1,636	9
2016	£165,977	£1,749	11
2015	£157,891	£1,549	16
2014	£150,146	£1,574	13
2013	£151,792	£1,560	13
2012	£177,800	£1,385	5
2011	£147,960	£1,494	13
2010	£203,611	£1,564	4
2009	£149,071	£1,551	7
2008	£172,744	£1,853	10
2007	£162,914	£1,716	21
2006	£163,134	£1,753	24
2005	£157,639	£1,705	19
2004	£151,006	£1,522	45
2003	£130,693	£1,405	37
2002	£94,706	£889	63
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
1996	£53,650	£734	3

House Type: Flat

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

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

Total	134
Terraced	105
Semi-detached	14
commercial building	6
Detached	3
Flat	2
Shared house	2
converted building	2
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 (40), and Owned: Owns outright (38).

Private rented: Private landlord or letting agency	40
Owned: Owns outright	38
Owned: Owns with a mortgage or loan	30
Private rented: Other private rented	10
Social rented: Other social rented	9
Social rented: Rents from council or Local Authority	5
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

1 person in household	49
2 people in household	47
3 people in household	17
4 people in household	15
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0