Housing Market Analysis for THE BANK, DL12 8PH

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £46,825 median price is £45,000 Standard Deviation is £22,590 with Total Sold: 6
    • The Last 5 Year average price is £64,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 5D THE BANK: £64,500 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is 5D THE BANK: £21,500 (Sold on 14 Nov 1997)
  • Other
    • The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £150,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 11 THE BANK: £150,000 (Sold on 11 Aug 2022)
    • The first recorded sale happened at this postcode is 11 THE BANK: £150,000 (Sold on 11 Aug 2022)
  • Terraced
    • The average price is around £177,833 median price is £175,000 Standard Deviation is £86,976 with Total Sold: 6
    • The Last 5 Year average price is £145,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 THE BANK: £145,000 (Sold on 04 Sep 2020)
    • The first recorded sale happened at this postcode is FLAT 1, 5 THE BANK: £50,000 (Sold on 15 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average DL12 8PH 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£64,500 £2,094 1
2010£50,000 £1,623 1
2005£84,0001
2001£30,475 £698 2
1997£21,500 £717 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£150,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£145,0001
2019£173,000 £1,185 1
2008£345,0001
2005£177,0001
2003£113,5002

All the Sales in the THE BANK, DL12 8PH

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

AddressSold DatePrice% Change
5D THE BANKFlat, LeaseholdArea: 30.8 Sq.mtrAge: 1983-199010 Feb 2023£64,50029.00%
27 Aug 2010£50,000138.66%
09 Jan 2001£20,950-2.56%
14 Nov 1997£21,500First Sale
11 THE BANKOther, Freehold11 Aug 2022£150,0000.0
11 Aug 2022£150,000First Sale
27 THE BANKTerraced, Freehold04 Sep 2020£145,000First Sale
13A THE BANKTerraced, FreeholdArea: 146 Sq.mtrAge: before 190015 Jul 2019£173,000First Sale
7 THE BANKTerraced, Freehold29 Feb 2008£345,00094.92%
02 Dec 2005£177,0000.0
10 Oct 2003£177,000First Sale
FLAT 4, 5 THE BANKFlat, Leasehold30 Nov 2005£84,000First Sale
FLAT 1, 5 THE BANKTerraced, Freehold15 Jul 2003£50,00025.00%
08 Oct 2001£40,000First Sale

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

THE BANK, DL12 8PH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £207,246 median price is £195,000 Standard Deviation is £139,207 with Total Sold: 284
    • The Last 5 Year average price is £317,211 with Total Sold: 50
    • 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 £130,978 median price is £119,950 Standard Deviation is £77,803 with Total Sold: 828
    • The Last 5 Year average price is £182,302 with Total Sold: 136
    • The most recent sale happened at this postcode is , 116 GALGATE: £377,500 (Sold on 27 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 £98,152 median price is £85,000 Standard Deviation is £56,544 with Total Sold: 308
    • 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 £142,474 median price is £132,500 Standard Deviation is £89,674 with Total Sold: 362
    • The Last 5 Year average price is £215,608 with Total Sold: 43
    • The most recent sale happened at this postcode is , 23 VANE ROAD: £231,400 (Sold on 28 Feb 2024)
    • 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 £271,531 median price is £167,500 Standard Deviation is £435,784 with Total Sold: 56
    • The Last 5 Year average price is £217,437 with Total Sold: 16
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£264,637 £3,649 8
2023£415,499 £3,025 8
2022£373,903 £3,157 9
2021£306,408 £2,656 12
2020£259,803 £2,398 13
2019£246,697 £2,062 21
2018£230,400 £1,977 10
2017£216,400 £2,468 5
2016£248,500 £2,225 4
2015£199,864 £1,984 11
2014£320,600 £2,003 10
2013£231,312 £1,967 8
2012£270,875 £2,376 8
2011£231,071 £1,814 7
2010£376,6673
2009£141,667 £2,079 3
2008£193,200 £2,068 5
2007£260,950 £2,400 11
2006£208,214 £2,044 14
2005£187,650 £1,646 13
2004£220,750 £1,648 14
2003£177,650 £1,413 10
2002£102,163 £1,057 15
2001£113,650 £893 5
2000£94,661 £946 9
1999£80,450 £888 10
1998£83,500 £769 11
1997£69,250 £749 12
1996£110,083 £767 6
1995£68,556 £675 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,316 £2,231 22
2023£193,722 £2,325 27
2022£165,195 £1,896 21
2021£178,271 £1,950 41
2020£174,216 £1,680 25
2019£162,821 £1,809 21
2018£143,976 £1,743 32
2017£166,867 £1,581 29
2016£190,465 £1,787 30
2015£141,650 £1,706 32
2014£165,094 £1,645 32
2013£154,548 £1,725 21
2012£124,455 £1,524 11
2011£155,333 £1,623 24
2010£159,260 £1,663 26
2009£140,750 £1,681 14
2008£152,357 £1,640 14
2007£171,820 £1,862 28
2006£169,425 £1,773 38
2005£153,932 £1,718 33
2004£139,139 £1,547 38
2003£105,014 £1,181 32
2002£73,284 £876 39
2001£78,602 £774 28
2000£58,048 £655 28
1999£53,994 £612 26
1998£51,381 £572 35
1997£54,129 £641 42
1996£39,889 £547 18
1995£39,050 £430 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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£123,450 £1,654 10
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£180,0001
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£63,044 £1,003 14
2002£55,855 £1,079 11
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£51,452 £853 9
1995£48,648 £796 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,700 £2,755 2
2023£233,152 £2,422 10
2022£221,276 £2,512 10
2021£225,200 £2,162 10
2020£192,132 £1,687 11
2019£179,353 £1,988 17
2018£163,067 £1,798 15
2017£198,495 £1,934 10
2016£214,500 £1,534 5
2015£163,909 £1,679 11
2014£170,250 £1,541 8
2013£159,981 £1,524 13
2012£226,333 £1,526 3
2011£164,562 £1,688 8
2010£231,667 £1,621 6
2009£164,536 £1,361 7
2008£188,000 £2,051 13
2007£192,792 £3,351 12
2006£164,586 £1,951 17
2005£171,688 £1,583 16
2004£148,842 £1,633 17
2003£135,019 £1,486 14
2002£95,797 £946 19
2001£67,062 £732 8
2000£87,907 £882 22
1999£65,212 £813 17
1998£66,667 £697 18
1997£65,009 £606 28
1996£55,264 £577 11
1995£54,862 £650 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£177,2502
2022£241,7504
2021£213,125 £4,000 4
2020£217,5006
2019£199,312 £1,756 12
2018£585,400 £2,583 10
2017£165,143 £29 7
2016£170,000 £2,051 4
2015£176,0005
2014£382,5002

House Type in DL12 8PH area

The most common house types in the DL12 8PH postcode area are Terraced (73), Flat (27), and Semi-detached (24).

Total174
Terraced73
Flat27
Semi-detached24
commercial building23
Detached19
converted building5
Shared house3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Private rented: Private landlord or letting agency (59).

Owned: Owns outright61
Private rented: Private landlord or letting agency59
Owned: Owns with a mortgage or loan30
Social rented: Other social rented17
Private rented: Other private rented7
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DL12 8PH have 1 person in household (87), and 2 people in household (48).

1 person in household87
2 people in household48
3 people in household20
4 people in household15
5 people in household5
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0