Housing Market Analysis for PARK TERRACE, DH8 7QD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £50,207 median price is £46,500 Standard Deviation is £21,718 with Total Sold: 24
    • The Last 5 Year average price is £76,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 18 PARK TERRACE: £75,000 (Sold on 19 Aug 2022)
    • The first recorded sale happened at this postcode is 17 PARK TERRACE: £23,500 (Sold on 27 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 7QD 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
2022£82,500 £1,005 2
2021£65,000 £960 1
2018£50,833 £735 3
2014£55,000 £534 1
2012£43,000 £635 1
2008£64,0001
2007£80,167 £1,099 3
2005£69,500 £970 2
2002£29,750 £397 2
2001£26,5001
2000£27,2902
1999£32,0001
1998£27,950 £271 1
1997£29,9951
1996£25,225 £398 2

All the Sales in the PARK TERRACE, DH8 7QD

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

AddressSold DatePrice% Change
18 PARK TERRACETerraced, FreeholdArea: 66 Sq.mtrAge: 1900-192919 Aug 2022£75,000-7.41%
14 Dec 2007£81,00020.90%
15 Jul 2005£67,000119.67%
08 Mar 2002£30,500First Sale
12 PARK TERRACETerraced, FreeholdArea: 103 Sq.mtrAge: before 190004 May 2022£90,00063.64%
31 Oct 2014£55,00096.78%
06 Mar 1998£27,950First Sale
5 PARK TERRACETerraced, FreeholdArea: 67.714 Sq.mtrAge: before 190013 Aug 2021£65,0008.33%
01 Jun 2018£60,00039.53%
05 Apr 2012£43,00059.55%
06 Dec 1996£26,950First Sale
10 PARK TERRACETerraced, FreeholdArea: 73 Sq.mtrAge: before 190024 Oct 2018£50,000First Sale
19 PARK TERRACETerraced, FreeholdArea: 67 Sq.mtrAge: 1900-192921 Feb 2018£42,500First Sale
15 PARK TERRACETerraced, Freehold11 Jan 2008£64,000First Sale
20 PARK TERRACETerraced, FreeholdArea: 87.62 Sq.mtrAge: 1900-192923 Aug 2007£85,000193.10%
15 Feb 2002£29,000First Sale
6 PARK TERRACETerraced, Freehold03 Aug 2007£74,500135.91%
29 Sep 2000£31,580First Sale
7 PARK TERRACETerraced, FreeholdArea: 77.91 Sq.mtrAge: before 190006 May 2005£72,000First Sale
17 PARK TERRACETerraced, Freehold06 Jul 2001£26,50015.22%
26 Oct 2000£23,000-2.13%
27 Sep 1996£23,500First Sale
9 PARK TERRACETerraced, Freehold03 Jun 1999£32,000First Sale
16 PARK TERRACETerraced, Freehold18 Dec 1997£29,995First Sale

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

PARK TERRACE, DH8 7QD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £57,996 median price is £54,750 Standard Deviation is £30,008 with Total Sold: 920
    • The Last 5 Year average price is £72,594 with Total Sold: 190
    • The most recent sale happened at this postcode is , 70 FRONT STREET: £50,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 ALDER GROVE: £13,420 (Sold on 09 Jan 1995)
  • Semi-Detached
    • The average price is around £79,776 median price is £69,000 Standard Deviation is £39,093 with Total Sold: 391
    • The Last 5 Year average price is £105,346 with Total Sold: 75
    • The most recent sale happened at this postcode is , 4 PONT ROAD: £120,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 PATTERDALE MEWS: £55,750 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £136,243 median price is £130,950 Standard Deviation is £65,412 with Total Sold: 79
    • The Last 5 Year average price is £208,272 with Total Sold: 9
    • The most recent sale happened at this postcode is , 38 ST IVES GARDENS: £250,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 3 ST IVES COURT: £130,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £833,285 median price is £56,500 Standard Deviation is £2,346,997 with Total Sold: 11
    • The Last 5 Year average price is £1,279,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , 37 ST IVES ROAD: £345,000 (Sold on 20 Jul 2023)
    • The first recorded sale happened at this postcode is , THE COACH AND HORSES HOTEL ST IVES ROAD: £80,640 (Sold on 09 Sep 2015)
  • Flat
    • The average price is around £50,164 median price is £52,500 Standard Deviation is £32,441 with Total Sold: 18
    • The Last 5 Year average price is £36,750 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 1, 15 FRONT STREET: £25,500 (Sold on 11 Jul 2023)
    • The first recorded sale happened at this postcode is , 32 FRONT STREET: £12,500 (Sold on 05 Oct 2001)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£64,744 £1,001 12
2023£78,453 £946 30
2022£82,521 £1,041 47
2021£78,860 £949 34
2020£65,752 £787 27
2019£58,184 £746 40
2018£66,412 £777 34
2017£68,368 £755 31
2016£55,861 £662 18
2015£63,500 £734 19
2014£66,146 £674 27
2013£53,575 £653 20
2012£69,110 £849 24
2011£59,798 £750 24
2010£61,353 £701 17
2009£70,496 £788 15
2008£86,879 £1,033 19
2007£89,001 £1,071 61
2006£84,139 £965 43
2005£71,060 £914 31
2004£58,920 £775 50
2003£40,300 £522 51
2002£32,960 £411 44
2001£29,334 £356 40
2000£25,769 £324 27
1999£27,739 £283 28
1998£27,965 £306 26
1997£22,662 £289 20
1996£31,727 £408 30
1995£25,559 £313 31
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,993 £1,639 7
2023£95,375 £1,381 8
2022£109,075 £1,240 14
2021£108,545 £1,168 22
2020£112,917 £1,246 6
2019£93,192 £1,157 18
2018£97,700 £992 18
2017£88,800 £936 13
2016£82,007 £826 7
2015£86,821 £1,032 14
2014£87,735 £939 17
2013£70,273 £869 11
2012£83,429 £899 7
2011£84,300 £1,018 5
2010£98,490 £1,270 10
2009£106,662 £1,086 14
2008£133,981 £1,611 8
2007£101,780 £1,213 10
2006£100,337 £1,283 21
2005£97,953 £1,412 15
2004£82,325 £1,041 12
2003£49,039 £692 14
2002£50,068 £638 24
2001£43,816 £527 20
2000£50,590 £580 5
1999£50,264 £470 7
1998£46,300 £349 5
1997£41,357 £440 5
1996£44,226 £646 23
1995£43,940 £599 31
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,0001
2022£249,500 £3,101 3
2021£209,317 £1,679 3
2019£124,000 £2,769 2
2018£139,750 £1,287 2
2017£168,528 £1,530 5
2016£119,690 £1,538 5
2015£149,950 £1,530 1
2014£217,000 £1,101 2
2013£128,917 £1,212 3
2010£126,917 £1,609 3
2009£116,250 £3,076 2
2008£143,250 £1,576 2
2007£142,224 £1,499 4
2006£140,891 £1,536 19
2005£141,662 £1,468 6
2004£129,640 £1,189 1
2003£66,2502
2002£67,898 £652 2
2001£44,625 £737 2
2000£54,9003
1998£125,5002
1996£58,250 £594 2
1995£91,2502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£195,333 £1,605 3
2022£38,000 £454 2
2020£8,250,000 £137,500 1
2019£42,000 £494 1
2018£55,000 £809 1
2017£38,2502
2015£80,6401
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£25,500 £490 1
2022£25,000 £316 1
2021£48,250 £1,237 2
2008£100,000 £813 1
2007£50,0001
2006£120,000 £916 1
2005£62,090 £875 5
2004£100,000 £962 1
2003£19,500 £87 3
2002£4,5001
2001£12,5001

House Type in DH8 7QD area

The most common house types in the DH8 7QD postcode area are Terraced (85), Detached (20), and Semi-detached (18).

Total134
Terraced85
Detached20
Semi-detached18
Flat7
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright43
Owned: Owns with a mortgage or loan40
Social rented: Other social rented22
Social rented: Rents from council or Local Authority14
Private rented: Private landlord or letting agency13
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DH8 7QD have 1 person in household (45), and 2 people in household (45).

1 person in household45
2 people in household45
3 people in household26
4 people in household16
5 people in household3
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0