Housing Market Analysis for OLD SCHOOL CLOSE, DL12 8PS

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

Overview of Sold House prices

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

Terraced
- The average price is around £98,163 median price is £77,250 Standard Deviation is £45,954 with Total Sold: 18
- The Last 5 Year average price is £176,500 with Total Sold: 1
- The most recent sale happened at this postcode is 3 OLD SCHOOL CLOSE: £176,500 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is 10 OLD SCHOOL CLOSE: £82,500 (Sold on 20 Aug 1997)
Semi-Detached
- The average price is around £133,878 median price is £85,000 Standard Deviation is £78,262 with Total Sold: 21
- The Last 5 Year average price is £280,000 with Total Sold: 1
- The most recent sale happened at this postcode is 5 OLD SCHOOL CLOSE: £280,000 (Sold on 24 Sep 2021)
- The first recorded sale happened at this postcode is 9 OLD SCHOOL CLOSE: £82,500 (Sold on 01 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average DL12 8PS 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	£176,500	£3,152	1
2017	£155,000	£2,422	1
2015	£134,975	£2,207	2
2013	£130,000	£2,241	1
2008	£138,000	£2,091	1
2007	£192,000		1
2002	£73,000	£1,304	1
1998	£59,998	£928	2
1997	£64,061	£924	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£280,000	£2,718	1
2017	£230,000	£2,527	1
2016	£265,000	£2,274	1
2015	£170,000	£2,102	2
2013	£128,000	£2,327	1
2011	£222,500	£2,263	1
2006	£245,000	£2,492	1
2005	£227,950		1
1999	£92,500	£898	1
1998	£66,833	£705	6
1997	£75,899	£816	5

All the Sales in the OLD SCHOOL CLOSE, DL12 8PS

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

Address	Sold Date	Price	% Change
3 OLD SCHOOL CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1996-2002	31 Oct 2023	£176,500	141.78%
	28 Jun 2002	£73,000	40.40%
	13 Mar 1998	£51,995	First Sale
5 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1996-2002	24 Sep 2021	£280,000	202.70%
	21 Oct 1999	£92,500	68.18%
	06 Apr 1998	£55,000	First Sale
12 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1996-2002	05 Oct 2017	£230,000	187.52%
	08 Sep 1997	£79,995	First Sale
15 OLD SCHOOL CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1996-2002	26 Jan 2017	£155,000	174.34%
	12 Sep 1997	£56,500	First Sale
19 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 116.56 Sq.mtrAge: 1996-2002	23 Aug 2016	£265,000	211.76%
	24 Oct 1997	£85,000	First Sale
14 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1996-2002	06 Nov 2015	£140,000	-6.67%
	28 Aug 2015	£150,000	8.70%
	06 Jun 2008	£138,000	144.25%
	26 Sep 1997	£56,500	First Sale
2 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1983-1990	04 Nov 2015	£200,000	163.16%
	18 Dec 1998	£76,000	27.73%
	06 Apr 1998	£59,500	First Sale
4 OLD SCHOOL CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1991-1995	06 Mar 2015	£119,950	144.80%
	31 Jul 1998	£49,000	First Sale
17 OLD SCHOOL CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1996-2002	30 Aug 2013	£130,000	134.23%
	10 Oct 1997	£55,500	First Sale
16 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1996-2002	21 Feb 2013	£128,000	132.75%
	10 Oct 1997	£54,995	First Sale
9 OLD SCHOOL CLOSESemi-Detached, FreeholdArea: 98.31 Sq.mtrAge: 1996-2002	01 Dec 2011	£222,500	-9.18%
	27 Apr 2006	£245,000	196.97%
	01 Aug 1997	£82,500	First Sale
7 OLD SCHOOL CLOSETerraced, Freehold	31 May 2007	£192,000	182.35%
7 OLD SCHOOL CLOSETerraced, Freehold	27 Feb 1998	£68,000	First Sale
13 OLD SCHOOL CLOSESemi-Detached, Freehold	27 May 2005	£227,950	171.37%
	31 Mar 1998	£84,000	68.00%
	12 Sep 1997	£50,000	First Sale
1 OLD SCHOOL CLOSESemi-Detached, Freehold	20 Mar 1998	£77,500	First Sale
8 OLD SCHOOL CLOSETerraced, Freehold	05 Dec 1997	£52,995	First Sale
6 OLD SCHOOL CLOSETerraced, Freehold	28 Nov 1997	£71,995	First Sale
18 OLD SCHOOL CLOSESemi-Detached, Freehold	31 Oct 1997	£82,000	First Sale
11 OLD SCHOOL CLOSETerraced, Freehold	29 Aug 1997	£81,500	First Sale
10 OLD SCHOOL CLOSETerraced, Freehold	20 Aug 1997	£82,500	First Sale

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

OLD SCHOOL CLOSE, DL12 8PS Near By properties

Interactive Map

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

Detached
- The average price is around £222,836 median price is £198,750 Standard Deviation is £164,937 with Total Sold: 194
- The Last 5 Year average price is £359,152 with Total Sold: 30
- 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 £133,725 median price is £120,000 Standard Deviation is £80,349 with Total Sold: 627
- The Last 5 Year average price is £186,600 with Total Sold: 96
- 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 £140,937 median price is £125,000 Standard Deviation is £96,428 with Total Sold: 238
- The Last 5 Year average price is £233,547 with Total Sold: 26
- 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 £280,845 median price is £156,250 Standard Deviation is £458,148 with Total Sold: 50
- The Last 5 Year average price is £224,214 with Total Sold: 14
- 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	£447,600	£3,110	5
2022	£446,188	£3,208	6
2021	£325,772	£2,657	9
2020	£282,500	£2,494	7
2019	£299,500	£1,890	4
2018	£293,333	£2,305	9
2017	£216,400	£2,468	5
2016	£246,333	£2,425	3
2015	£225,000	£1,838	5
2014	£329,000	£2,004	9
2013	£262,750	£2,146	6
2012	£279,571	£2,448	7
2011	£261,750	£2,036	4
2010	£376,667		3
2009	£125,000	£2,079	2
2008	£236,250	£1,959	2
2007	£244,158	£2,298	6
2006	£250,192	£2,085	13
2005	£192,871	£1,640	12
2004	£231,773	£1,533	11
2003	£184,938	£1,429	8
2002	£131,375	£1,169	12
2001	£113,650	£893	5
2000	£103,143	£928	7
1999	£69,400	£974	5
1998	£76,083	£732	6
1997	£68,556	£787	9
1996	£105,100	£767	5
1995	£67,333	£392	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£209,179	£2,218	14
2023	£202,886	£2,416	22
2022	£169,819	£1,923	16
2021	£175,038	£1,968	29
2020	£181,893	£1,816	15
2019	£159,662	£1,858	17
2018	£138,868	£1,825	19
2017	£168,393	£1,672	22
2016	£200,106	£1,828	23
2015	£139,886	£1,721	28
2014	£171,444	£1,674	27
2013	£156,912	£1,830	17
2012	£124,455	£1,524	11
2011	£159,047	£1,651	19
2010	£165,750	£1,677	20
2009	£153,750	£1,628	8
2008	£154,950	£1,792	10
2007	£178,182	£1,972	22
2006	£172,036	£1,801	32
2005	£158,590	£1,806	25
2004	£143,710	£1,566	30
2003	£104,971	£1,283	19
2002	£75,303	£894	31
2001	£86,995	£818	21
2000	£57,170	£695	23
1999	£57,198	£645	22
1998	£51,090	£596	26
1997	£54,324	£667	33
1996	£40,167	£556	12
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	£230,036	£2,535	7
2021	£233,667	£2,290	6
2020	£181,825	£1,698	6
2019	£203,812	£1,727	8
2018	£157,429	£1,626	7
2017	£183,421	£2,131	7
2016	£155,000	£1,309	3
2015	£148,000	£1,746	5
2014	£172,600	£1,445	5
2013	£159,139	£1,560	9
2012	£226,333	£1,526	3
2011	£182,750	£1,744	6
2010	£213,333	£1,598	3
2009	£165,950	£1,361	5
2008	£201,929	£2,045	7
2007	£196,682	£3,351	11
2006	£160,355	£1,969	14
2005	£181,959	£1,696	12
2004	£139,998	£1,617	11
2003	£153,312	£1,936	8
2002	£88,704	£957	12
2001	£69,300	£662	5
2000	£77,127	£893	15
1999	£60,623	£818	11
1998	£65,654	£694	13
1997	£60,012	£619	21
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	£233,000		5
2019	£198,795	£1,756	11
2018	£654,812	£2,059	8
2017	£192,167		6
2016	£170,000	£2,051	4
2015	£176,000		5
2014	£382,500		2

House Type in DL12 8PS area

The most common house types in the DL12 8PS 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 8PS 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