Housing Market Analysis for OAK TERRACE, DH8 7QN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £38,625 median price is £33,250 Standard Deviation is £17,306 with Total Sold: 6
    • The Last 5 Year average price is £60,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 13 OAK TERRACE: £68,000 (Sold on 16 May 2022)
    • The first recorded sale happened at this postcode is 7 OAK TERRACE: £18,000 (Sold on 28 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average DH8 7QN 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£68,000 £1,097 1
2019£53,000 £736 1
2015£40,000 £556 1
2003£26,2501
2000£26,5001
1997£18,0001

All the Sales in the OAK TERRACE, DH8 7QN

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

AddressSold DatePrice% Change
13 OAK TERRACETerraced, FreeholdArea: 62 Sq.mtrAge: 1900-192916 May 2022£68,000First Sale
3 OAK TERRACETerraced, FreeholdArea: 72 Sq.mtrAge: 1900-192919 Sep 2019£53,00032.50%
02 Nov 2015£40,000First Sale
1 OAK TERRACETerraced, Freehold23 Jul 2003£26,250-0.94%
22 Sep 2000£26,500First Sale
7 OAK TERRACETerraced, Freehold28 Feb 1997£18,000First Sale

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

OAK TERRACE, DH8 7QN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £58,370 median price is £55,000 Standard Deviation is £29,880 with Total Sold: 963
    • The Last 5 Year average price is £73,085 with Total Sold: 201
    • 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 £79,945 median price is £72,500 Standard Deviation is £36,884 with Total Sold: 467
    • The Last 5 Year average price is £103,747 with Total Sold: 87
    • 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 £130,400 median price is £127,248 Standard Deviation is £63,613 with Total Sold: 94
    • The Last 5 Year average price is £199,945 with Total Sold: 10
    • 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 £780,512 median price is £68,570 Standard Deviation is £2,253,885 with Total Sold: 12
    • 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£78,019 £937 31
2022£82,521 £1,041 47
2021£79,849 £964 38
2020£66,010 £792 29
2019£60,627 £768 44
2018£66,412 £777 34
2017£69,356 £760 32
2016£56,048 £654 21
2015£65,405 £729 21
2014£66,146 £674 27
2013£53,405 £654 21
2012£69,346 £839 25
2011£59,798 £750 24
2010£61,389 £706 18
2009£71,715 £851 16
2008£86,879 £1,033 19
2007£89,352 £1,068 64
2006£84,364 £970 44
2005£70,692 £913 33
2004£60,150 £779 53
2003£41,279 £524 53
2002£32,671 £407 45
2001£30,330 £358 42
2000£25,992 £324 28
1999£27,886 £283 29
1998£27,789 £306 28
1997£23,254 £291 23
1996£31,881 £410 31
1995£25,559 £313 31
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,993 £1,639 7
2023£94,200 £1,383 10
2022£106,424 £1,334 19
2021£107,125 £1,198 24
2020£111,071 £1,290 7
2019£92,272 £1,199 20
2018£97,700 £992 18
2017£87,134 £974 16
2016£79,755 £1,022 10
2015£89,367 £1,031 15
2014£87,735 £939 17
2013£76,643 £977 14
2012£83,000 £1,047 9
2011£87,750 £1,140 6
2010£98,264 £1,312 11
2009£105,580 £1,128 16
2008£124,761 £1,350 9
2007£101,067 £1,315 12
2006£99,934 £1,386 29
2005£97,319 £1,469 18
2004£88,050 £1,243 17
2003£57,970 £911 22
2002£51,951 £734 42
2001£45,529 £564 23
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
2020£125,000 £1,761 1
2019£124,000 £2,769 2
2018£134,833 £1,460 3
2017£168,528 £1,530 5
2016£116,350 £1,539 7
2015£149,950 £1,530 1
2014£184,000 £1,403 3
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£139,196 £1,534 20
2005£141,662 £1,468 6
2004£154,545 £1,321 3
2003£69,500 £1,098 3
2002£66,150 £881 8
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£92,1673
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 7QN area

The most common house types in the DH8 7QN postcode area are Terraced (88), Semi-detached (27), and Detached (4).

Total119
Terraced88
Semi-detached27
Detached4
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 outright (41), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright41
Owned: Owns with a mortgage or loan27
Social rented: Other social rented18
Social rented: Rents from council or Local Authority15
Private rented: Private landlord or letting agency15
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DH8 7QN have 2 people in household (52), and 1 person in household (41).

2 people in household52
1 person in household41
3 people in household17
4 people in household7
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0