Housing Market Analysis for PARK TERRACE, DL12 8NN

Are you looking to understand DL12 8NN 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 DL12 8NN area, explore the DL12 8NN Area information page.
For comprehensive crime statistics in the DL12 8NN area, explore the DL12 8NN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DL12 8NN postcode area, The average prices are as follows,

Terraced
- The average price is around £232,865 median price is £230,000 Standard Deviation is £119,454 with Total Sold: 13
- The Last 5 Year average price is £385,000 with Total Sold: 3
- The most recent sale happened at this postcode is MALVERN HOUSE, 2 PARK TERRACE: £435,000 (Sold on 07 Jun 2023)
- The first recorded sale happened at this postcode is 7 PARK TERRACE: £395,000 (Sold on 12 Apr 2024)
Semi-Detached
- The average price is around £380,000 median price is £380,000 Standard Deviation is £90,000 with Total Sold: 2
- The Last 5 Year average price is £290,000 with Total Sold: 1
- The most recent sale happened at this postcode is THE MOUNT WEST PARK TERRACE: £290,000 (Sold on 10 Jul 2020)
- The first recorded sale happened at this postcode is THE MOUNT EAST PARK TERRACE: £470,000 (Sold on 07 Jun 2012)
Detached
- The average price is around £234,800 median price is £275,000 Standard Deviation is £96,275 with Total Sold: 5
- The Last 5 Year average price is £275,000 with Total Sold: 1
- The most recent sale happened at this postcode is 12 PARK TERRACE: £275,000 (Sold on 21 Feb 2020)
- The first recorded sale happened at this postcode is GREEN CLOSE PARK TERRACE: £115,000 (Sold on 13 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average DL12 8NN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£435,000		1
2020	£325,000	£1,816	1
2019	£260,000		1
2014	£310,000	£1,598	1
2011	£325,000	£1,528	1
2004	£225,000	£1,035	2
2002	£185,000	£791	1
1999	£120,000	£619	1
1997	£98,125	£443	2
1995	£26,000	£111	1
2024	£395,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£290,000	£2,014	1
2012	£470,000	£1,674	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£275,000	£1,937	1
2006	£350,000	£2,465	1
2003	£307,750	£1,096	1
2001	£126,250	£889	1
2000	£115,000		1

All the Sales in the PARK TERRACE, DL12 8NN

See the table below for more details on the sold house prices in the DL12 8NN, County Durham postcode.

Address	Sold Date	Price	% Change
MALVERN HOUSE, 2 PARK TERRACETerraced, Freehold	07 Jun 2023	£435,000	67.31%
MALVERN HOUSE, 2 PARK TERRACETerraced, Freehold	08 Nov 2019	£260,000	First Sale
THE MOUNT WEST PARK TERRACESemi-Detached, FreeholdArea: 144 Sq.mtrAge: before 1900	10 Jul 2020	£290,000	First Sale
6 PARK TERRACETerraced, FreeholdArea: 179 Sq.mtrAge: before 1900	11 Jun 2020	£325,000	First Sale
12 PARK TERRACEDetached, FreeholdArea: 142 Sq.mtrAge: 1950-1966	21 Feb 2020	£275,000	-21.43%
	11 Jul 2006	£350,000	177.23%
	19 Nov 2001	£126,250	First Sale
7 PARK TERRACETerraced, FreeholdArea: 194 Sq.mtrAge: before 1900	07 Oct 2014	£310,000	158.33%
	29 Oct 1999	£120,000	-69.62%
	12 Apr 2024	£395,000	First Sale
THE MOUNT EAST PARK TERRACESemi-Detached, FreeholdArea: 280.71 Sq.mtrAge: before 1900	07 Jun 2012	£470,000	52.72%
	19 Jun 2003	£307,750	First Sale
1 PARK TERRACETerraced, FreeholdArea: 212.63 Sq.mtrAge: before 1900	20 Jan 2011	£325,000	47.73%
	02 Apr 2004	£220,000	96.43%
	26 Nov 1997	£112,000	First Sale
3 PARK TERRACETerraced, Freehold	01 Oct 2004	£230,000	First Sale
2 PARK TERRACETerraced, FreeholdArea: 234 Sq.mtrAge: before 1900	10 Jun 2002	£185,000	119.58%
	28 Nov 1997	£84,250	224.04%
	30 Jun 1995	£26,000	First Sale
GREEN CLOSE PARK TERRACEDetached, Freehold	13 Mar 2000	£115,000	First Sale

Check out the sold house prices near the DL12 8NN postcode. Properties currently for saleProperties currently for rent

PARK TERRACE, DL12 8NN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DL12 8NN 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 DL12 8NN postcode.

Detached
- The average price is around £204,155 median price is £186,250 Standard Deviation is £144,293 with Total Sold: 158
- The Last 5 Year average price is £309,449 with Total Sold: 18
- The most recent sale happened at this postcode is 1, MILL RIGGS GILL LANE: £265,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , DERWENT THE LENDINGS: £78,000 (Sold on 22 Mar 1995)
Terraced
- The average price is around £131,891 median price is £119,950 Standard Deviation is £80,109 with Total Sold: 626
- The Last 5 Year average price is £186,262 with Total Sold: 90
- The most recent sale happened at this postcode is , 18 GALGATE: £127,500 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 18 QUEEN STREET: £35,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £97,842 median price is £85,000 Standard Deviation is £56,283 with Total Sold: 302
- The Last 5 Year average price is £140,542 with Total Sold: 53
- The most recent sale happened at this postcode is , 23 GROVE PARK: £90,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 5 ST MARYS CLOSE: £40,000 (Sold on 19 Jan 1995)
Semi-Detached
- The average price is around £140,275 median price is £125,000 Standard Deviation is £96,811 with Total Sold: 236
- The Last 5 Year average price is £222,937 with Total Sold: 28
- The most recent sale happened at this postcode is , 11 BRIDGEGATE: £183,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 20 BIRCH ROAD: £43,000 (Sold on 24 Mar 1995)
Other
- The average price is around £274,145 median price is £154,000 Standard Deviation is £459,535 with Total Sold: 50
- The Last 5 Year average price is £214,538 with Total Sold: 13
- The most recent sale happened at this postcode is , KING STREET GARAGE KING STREET: £107,000 (Sold on 28 Sep 2023)
- The first recorded sale happened at this postcode is , 22A HORSEMARKET: £115,000 (Sold on 19 Aug 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£316,667		3
2023	£280,000	£2,800	1
2022	£394,042	£2,837	3
2021	£287,564	£2,458	7
2020	£286,250	£2,132	4
2019	£291,600	£1,993	5
2018	£226,786	£2,090	7
2017	£211,333	£2,122	3
2016	£287,000	£2,118	2
2015	£225,000	£1,838	5
2014	£368,667	£1,897	6
2013	£255,250	£1,744	6
2012	£332,250	£2,314	4
2011	£261,750	£2,036	4
2010	£376,667		3
2009	£125,000	£2,079	2
2008	£236,250	£1,959	2
2007	£234,640	£1,758	5
2006	£221,100	£1,882	10
2005	£203,636	£1,757	11
2004	£233,611	£1,522	9
2003	£185,083	£1,353	6
2002	£90,562	£1,041	8
2001	£113,650	£893	5
2000	£124,667	£1,062	6
1999	£62,500		2
1998	£85,369	£769	8
1997	£62,812	£855	8
1996	£107,583	£791	6
1995	£71,714	£392	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£209,179	£2,218	14
2023	£207,675	£2,471	20
2022	£160,140	£1,883	15
2021	£175,042	£1,952	26
2020	£181,893	£1,816	15
2019	£159,597	£1,844	18
2018	£139,921	£1,839	19
2017	£168,393	£1,672	22
2016	£200,839	£1,848	22
2015	£139,243	£1,690	28
2014	£169,593	£1,669	27
2013	£158,750	£1,823	18
2012	£121,200	£1,509	10
2011	£157,744	£1,675	18
2010	£165,800	£1,681	20
2009	£153,750	£1,628	8
2008	£154,950	£1,792	10
2007	£176,826	£1,962	23
2006	£170,850	£1,805	29
2005	£156,656	£1,820	24
2004	£142,791	£1,595	32
2003	£102,688	£1,261	21
2002	£75,303	£894	31
2001	£84,539	£818	23
2000	£57,350	£695	24
1999	£56,450	£645	23
1998	£50,566	£596	28
1997	£54,324	£667	33
1996	£41,318	£570	11
1995	£38,579	£483	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£189,071	£2,669	7
2023	£124,058	£2,040	13
2022	£156,324	£2,292	17
2021	£112,000	£2,030	6
2020	£118,300	£1,734	10
2019	£131,469	£2,045	8
2018	£131,450	£1,879	12
2017	£130,107	£2,017	14
2016	£103,273	£1,695	11
2015	£96,667	£1,593	6
2014	£104,312	£1,587	8
2013	£88,750	£1,600	8
2012	£61,417	£1,302	9
2011	£102,636	£1,774	7
2010	£107,312	£1,979	8
2009	£132,500	£2,464	2
2008	£180,000		1
2007	£129,586	£1,991	11
2006	£162,283	£2,103	12
2005	£132,943	£2,251	21
2004	£93,825	£1,414	6
2003	£58,662	£992	13
2002	£57,040	£1,079	10
2001	£39,559	£834	11
2000	£47,281	£810	5
1999	£45,981	£851	21
1998	£46,307	£818	15
1997	£45,400	£815	13
1996	£51,196	£902	8
1995	£46,832	£871	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£281,289	£2,696	7
2022	£219,209	£2,309	6
2021	£207,444	£2,141	9
2020	£181,825	£1,698	6
2019	£203,812	£1,727	8
2018	£152,429	£1,525	7
2017	£181,492	£2,165	6
2016	£185,500	£1,613	5
2015	£148,000	£1,746	5
2014	£156,500	£1,424	4
2013	£155,725	£1,541	10
2012	£201,000	£1,451	4
2011	£194,167	£1,699	6
2010	£213,333	£1,598	3
2009	£173,900	£1,443	5
2008	£202,312	£1,966	8
2007	£189,458	£3,108	12
2006	£158,997	£1,953	10
2005	£182,801	£1,601	10
2004	£133,225	£1,598	11
2003	£153,312	£1,936	8
2002	£87,650	£944	13
2001	£69,300	£662	5
2000	£75,723	£899	13
1999	£60,623	£818	11
1998	£65,654	£694	13
1997	£58,287	£630	20
1996	£53,000	£574	8
1995	£54,833	£616	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£177,250		2
2022	£241,750		4
2021	£217,500		3
2020	£203,750		4
2019	£198,795	£1,756	11
2018	£583,722	£1,090	9
2017	£192,167		6
2016	£170,000	£2,051	4
2015	£176,000		5
2014	£382,500		2

House Type in DL12 8NN area

The most common house types in the DL12 8NN postcode area are Terraced (71), Detached (24), and Semi-detached (24).

Total	145
Terraced	71
Detached	24
Semi-detached	24
converted building	12
commercial building	7
Flat	4
Shared house	3
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Private rented: Private landlord or letting agency (29).

Owned: Owns outright	77
Private rented: Private landlord or letting agency	29
Owned: Owns with a mortgage or loan	26
Social rented: Other social rented	8
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the DL12 8NN have 1 person in household (58), and 2 people in household (56).

1 person in household	58
2 people in household	56
3 people in household	18
4 people in household	10
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0