Housing Market Analysis for THE BANK, DL12 8PL

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £60,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 53A THE BANK: £60,000 (Sold on 04 Jul 2023)
    • The first recorded sale happened at this postcode is 53A THE BANK: £60,000 (Sold on 04 Jul 2023)
  • Terraced
    • The average price is around £144,143 median price is £148,000 Standard Deviation is £60,752 with Total Sold: 14
    • The Last 5 Year average price is £162,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 39 THE BANK: £156,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is 47B THE BANK: £65,000 (Sold on 22 Mar 1996)
  • Detached
    • The average price is around £174,000 median price is £174,000 Standard Deviation is £11,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 33 THE BANK: £185,000 (Sold on 14 Oct 2005)
    • The first recorded sale happened at this postcode is 33 THE BANK: £163,000 (Sold on 01 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average DL12 8PL 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£60,000 £1,071 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£156,000 £1,814 1
2022£175,000 £1,562 1
2021£152,000 £1,357 1
2020£166,000 £1,694 1
2019£145,0001
2010£145,5001
2007£146,000 £1,490 1
2006£310,0001
2005£150,0001
2004£142,0001
2003£155,0001
2002£67,500 £785 1
1998£43,000 £500 1
1996£65,000 £551 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£185,000 £1,434 1
2002£163,000 £1,264 1

All the Sales in the THE BANK, DL12 8PL

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

AddressSold DatePrice% Change
53A THE BANKFlat, FreeholdArea: 56 Sq.mtrAge: before 190004 Jul 2023£60,000First Sale
39 THE BANKTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-196621 Apr 2023£156,000131.11%
18 Oct 2002£67,50056.98%
21 Aug 1998£43,000First Sale
41 THE BANKTerraced, FreeholdArea: 112 Sq.mtrAge: 1950-196629 Jul 2022£175,00015.13%
12 Jan 2021£152,000First Sale
45 THE BANKTerraced, FreeholdArea: 98 Sq.mtrAge: 1950-196601 Jun 2020£166,00013.70%
10 Aug 2007£146,000First Sale
47 THE BANKTerraced, Freehold18 Apr 2019£145,000-0.34%
12 Mar 2010£145,500-3.00%
18 Nov 2005£150,000First Sale
37 THE BANKTerraced, Freehold15 Dec 2006£310,000First Sale
33 THE BANKDetached, FreeholdArea: 129 Sq.mtrAge: before 190014 Oct 2005£185,00013.50%
01 Nov 2002£163,000First Sale
31 THE BANKTerraced, Freehold20 Dec 2004£142,000-8.39%
21 Oct 2003£155,000First Sale
47B THE BANKTerraced, FreeholdArea: 118 Sq.mtrAge: 1996-200222 Mar 1996£65,000First Sale

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

THE BANK, DL12 8PL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £206,634 median price is £193,500 Standard Deviation is £140,914 with Total Sold: 260
    • The Last 5 Year average price is £314,906 with Total Sold: 47
    • 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 £131,577 median price is £119,950 Standard Deviation is £78,185 with Total Sold: 699
    • The Last 5 Year average price is £180,301 with Total Sold: 110
    • 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 £141,462 median price is £132,250 Standard Deviation is £93,069 with Total Sold: 290
    • The Last 5 Year average price is £214,984 with Total Sold: 33
    • The most recent sale happened at this postcode is , 6 LOW STARTFORTH ROAD: £130,000 (Sold on 26 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 £274,947 median price is £168,000 Standard Deviation is £450,776 with Total Sold: 52
    • The Last 5 Year average price is £222,600 with Total Sold: 15
    • 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£263,8717
2023£415,499 £3,025 8
2022£373,903 £3,157 9
2021£288,695 £2,642 10
2020£259,803 £2,398 13
2019£232,402 £2,034 19
2018£236,000 £1,889 9
2017£230,875 £2,468 4
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£262,000 £2,376 7
2011£231,071 £1,814 7
2010£427,5002
2009£107,5002
2008£193,200 £2,068 5
2007£268,883 £2,322 9
2006£209,083 £2,057 12
2005£197,677 £1,567 11
2004£221,708 £1,682 12
2003£177,650 £1,413 10
2002£100,175 £1,057 14
2001£114,562 £893 4
2000£94,661 £946 9
1999£74,722 £888 9
1998£85,350 £741 10
1997£73,909 £749 11
1996£103,100 £710 5
1995£68,556 £675 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,324 £2,200 17
2023£202,864 £2,362 22
2022£168,839 £1,878 18
2021£165,971 £1,869 31
2020£168,745 £1,653 22
2019£159,171 £1,835 19
2018£149,470 £1,766 25
2017£165,939 £1,672 22
2016£195,536 £1,755 26
2015£143,155 £1,726 31
2014£168,423 £1,675 26
2013£153,361 £1,780 18
2012£124,455 £1,524 11
2011£153,753 £1,512 16
2010£168,114 £1,684 22
2009£148,318 £1,694 11
2008£149,958 £1,638 12
2007£170,287 £1,854 26
2006£175,818 £1,804 32
2005£159,491 £1,784 28
2004£143,809 £1,584 35
2003£104,339 £1,229 22
2002£73,617 £888 38
2001£83,034 £797 25
2000£56,476 £651 25
1999£56,363 £645 23
1998£48,633 £571 29
1997£54,543 £656 39
1996£40,167 £556 12
1995£41,159 £485 16
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£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£180,0001
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£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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,0001
2023£233,152 £2,422 10
2022£232,083 £2,854 6
2021£232,750 £2,200 8
2020£172,306 £1,730 8
2019£178,964 £1,978 14
2018£161,000 £1,823 13
2017£196,106 £1,987 9
2016£265,000 £2,274 1
2015£166,143 £1,757 7
2014£182,833 £1,479 6
2013£181,167 £1,734 6
2012£226,333 £1,526 3
2011£158,071 £1,686 7
2010£264,250 £1,624 4
2009£181,750 £1,314 5
2008£186,182 £2,072 11
2007£192,792 £3,351 12
2006£168,335 £2,181 12
2005£178,924 £1,626 13
2004£152,127 £1,760 14
2003£147,364 £1,890 10
2002£92,497 £949 16
2001£70,214 £768 7
2000£80,839 £866 19
1999£65,212 £813 17
1998£67,143 £669 14
1997£66,437 £618 24
1996£57,989 £584 9
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£233,0005
2019£199,312 £1,756 12
2018£654,812 £2,059 8
2017£165,143 £29 7
2016£170,000 £2,051 4
2015£181,7504
2014£382,5002

House Type in DL12 8PL area

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

Total145
Terraced71
Detached24
Semi-detached24
converted building12
commercial building7
Flat4
Shared house3
temporary structure0

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 outright77
Private rented: Private landlord or letting agency29
Owned: Owns with a mortgage or loan26
Social rented: Other social rented8
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

1 person in household58
2 people in household56
3 people in household18
4 people in household10
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0