Housing Market Analysis for REDMIRE DRIVE, DH8 7BN

Are you looking to understand DH8 7BN 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 7BN area, explore the DH8 7BN Area information page.
For comprehensive crime statistics in the DH8 7BN area, explore the DH8 7BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DH8 7BN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £270,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 46 REDMIRE DRIVE: £270,000 (Sold on 24 Jun 2021)
    • The first recorded sale happened at this postcode is 46 REDMIRE DRIVE: £270,000 (Sold on 24 Jun 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 7BN 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
2021£270,0001

All the Sales in the REDMIRE DRIVE, DH8 7BN

See the table below for more details on the sold house prices in the DH8 7BN, County Durham postcode.

AddressSold DatePrice% Change
46 REDMIRE DRIVEDetached, Freehold24 Jun 2021£270,000First Sale

Check out the sold house prices near the DH8 7BN postcode. Properties currently for saleProperties currently for rent

REDMIRE DRIVE, DH8 7BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DH8 7BN 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 7BN postcode.

  • Terraced
    • The average price is around £69,920 median price is £70,000 Standard Deviation is £37,307 with Total Sold: 520
    • The Last 5 Year average price is £99,399 with Total Sold: 71
    • The most recent sale happened at this postcode is , 7 GRANGE STREET: £112,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 GRANGE STREET: £23,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £112,352 median price is £120,000 Standard Deviation is £35,469 with Total Sold: 245
    • The Last 5 Year average price is £129,362 with Total Sold: 31
    • The most recent sale happened at this postcode is , 19 GAYLE COURT: £125,495 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 SHAFTO CLOSE: £36,000 (Sold on 29 Mar 1996)
  • Detached
    • The average price is around £182,480 median price is £175,498 Standard Deviation is £55,275 with Total Sold: 872
    • The Last 5 Year average price is £244,635 with Total Sold: 88
    • The most recent sale happened at this postcode is , 97 LANGDON CLOSE: £276,500 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , FERN COTTAGE KNITSLEY LANE: £108,500 (Sold on 28 Aug 1998)
  • Other
    • The average price is around £747,985 median price is £258,850 Standard Deviation is £1,223,996 with Total Sold: 7
    • The most recent sale happened at this postcode is , 12 MILLFIELD: £4,500 (Sold on 02 May 2018)
    • The first recorded sale happened at this postcode is , 2 DAVID GUY COURT: £75,000 (Sold on 19 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£107,917 £979 6
2023£110,250 £1,481 16
2022£97,186 £1,279 18
2021£101,265 £1,228 13
2020£87,781 £1,202 18
2019£89,906 £1,266 17
2018£75,308 £950 12
2017£83,311 £1,059 13
2016£76,834 £1,050 16
2015£68,962 £1,025 13
2014£84,681 £1,142 19
2013£71,414 £1,075 18
2012£75,161 £951 9
2011£89,045 £1,096 24
2010£100,757 £1,283 14
2009£76,208 £928 19
2008£85,292 £1,103 12
2007£97,319 £1,331 24
2006£87,514 £1,181 25
2005£87,700 £1,225 17
2004£86,526 £1,253 39
2003£44,606 £607 25
2002£35,070 £507 21
2001£28,813 £387 15
2000£26,022 £340 16
1999£27,710 £443 15
1998£23,883 £315 18
1997£23,971 £267 14
1996£22,460 £290 21
1995£25,231 £358 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,2482
2023£136,182 £1,785 11
2022£116,959 £1,511 9
2021£125,729 £1,624 7
2020£129,500 £1,719 2
2019£98,431 £1,253 8
2018£110,857 £1,464 7
2017£104,477 £1,366 11
2016£122,600 £1,360 5
2015£103,142 £1,335 7
2014£117,377 £1,493 19
2013£109,515 £1,453 12
2012£122,492 £1,588 9
2011£109,699 £1,565 12
2010£124,489 £1,550 11
2009£122,234 £1,604 15
2008£132,904 £1,835 20
2007£139,301 £1,929 20
2006£106,778 £1,495 9
2005£87,390 £1,221 5
2004£116,255 £1,638 22
2003£61,508 £701 4
2002£37,725 £282 2
2001£38,317 £577 3
2000£32,667 £444 3
1999£40,000 £488 1
1997£28,6254
1996£42,750 £482 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£284,423 £2,609 13
2023£262,447 £2,229 19
2022£227,889 £1,978 18
2021£222,498 £1,961 24
2020£242,996 £1,804 14
2019£200,828 £1,724 29
2018£198,306 £1,678 18
2017£200,524 £1,582 46
2016£197,012 £1,661 20
2015£170,679 £1,528 21
2014£178,703 £1,584 30
2013£177,836 £1,614 39
2012£166,206 £1,621 16
2011£182,676 £1,682 28
2010£181,145 £1,595 22
2009£170,989 £1,688 19
2008£196,845 £1,799 34
2007£193,671 £1,728 54
2006£193,970 £1,658 51
2005£219,788 £1,605 81
2004£185,234 £1,532 95
2003£138,608 £1,336 93
2002£108,362 £1,022 55
2001£84,366 £809 19
2000£87,837 £759 13
1998£108,500 £912 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£4,500 £39 1
2017£306,8001
2016£258,8501
2015£628,746 £9,980 1
2014£1,981,0002
2013£75,000 £1,190 1

House Type in DH8 7BN area

The most common house types in the DH8 7BN postcode area are Detached (65), Semi-detached (45), and Terraced (40).

Total150
Detached65
Semi-detached45
Terraced40
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (77), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan77
Owned: Owns outright48
Private rented: Private landlord or letting agency22
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DH8 7BN have 2 people in household (49), and 1 person in household (40).

2 people in household49
1 person in household40
3 people in household30
4 people in household22
5 people in household7
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0