Housing Market Analysis for DRAKE AVENUE, DL14 8LT

Are you looking to understand DL14 8LT 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 DL14 8LT area, explore the DL14 8LT Area information page.
For comprehensive crime statistics in the DL14 8LT area, explore the DL14 8LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DL14 8LT postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £35,333 median price is £35,000 Standard Deviation is £10,209 with Total Sold: 3
    • The Last 5 Year average price is £48,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 DRAKE AVENUE: £48,000 (Sold on 12 Nov 2021)
    • The first recorded sale happened at this postcode is 16 DRAKE AVENUE: £23,000 (Sold on 13 Dec 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average DL14 8LT 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
2021£48,000 £623 1
2014£35,000 £473 1
2013£23,000 £311 1

All the Sales in the DRAKE AVENUE, DL14 8LT

See the table below for more details on the sold house prices in the DL14 8LT, County Durham postcode.

AddressSold DatePrice% Change
10 DRAKE AVENUETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197512 Nov 2021£48,000First Sale
16 DRAKE AVENUETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-194904 Apr 2014£35,00052.17%
13 Dec 2013£23,000First Sale

Check out the sold house prices near the DL14 8LT postcode. Properties currently for saleProperties currently for rent

DRAKE AVENUE, DL14 8LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DL14 8LT 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 DL14 8LT postcode.

  • Terraced
    • The average price is around £48,769 median price is £40,000 Standard Deviation is £28,143 with Total Sold: 833
    • The Last 5 Year average price is £49,841 with Total Sold: 234
    • The most recent sale happened at this postcode is , 22 CHURCH STREET: £48,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 51 COLLINGWOOD STREET: £5,500 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £87,288 median price is £90,000 Standard Deviation is £36,900 with Total Sold: 201
    • The Last 5 Year average price is £91,745 with Total Sold: 47
    • The most recent sale happened at this postcode is , 27 HUTCHINSON CLOSE: £132,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , DUNELM WEST END VILLAS: £45,000 (Sold on 14 Jul 1995)
  • Other
    • The average price is around £34,240 median price is £39,000 Standard Deviation is £21,434 with Total Sold: 15
    • The Last 5 Year average price is £39,090 with Total Sold: 11
    • The most recent sale happened at this postcode is , 1 HOWLISH VIEW: £30,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , CHAMBER CHEMIST VICTORIA LANE: £25,000 (Sold on 02 Jun 2014)
  • Detached
    • The average price is around £142,760 median price is £145,950 Standard Deviation is £65,072 with Total Sold: 203
    • The Last 5 Year average price is £179,719 with Total Sold: 45
    • The most recent sale happened at this postcode is , GARLETON THE CRESCENT: £175,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 3 BRINSLEY COURT: £46,000 (Sold on 09 Feb 1995)
  • Flat
    • The average price is around £53,883 median price is £28,000 Standard Deviation is £94,798 with Total Sold: 9
    • The Last 5 Year average price is £124,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1B WESTERTON ROAD: £320,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , 27 EDEN CLOSE: £2,500 (Sold on 09 Feb 2001)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£47,933 £514 30
2023£58,779 £695 38
2022£50,654 £739 41
2021£55,560 £707 50
2020£45,822 £517 37
2019£37,921 £453 38
2018£44,297 £529 17
2017£36,689 £440 38
2016£55,826 £699 24
2015£58,076 £704 25
2014£54,686 £665 32
2013£51,872 £738 25
2012£51,184 £635 16
2011£74,717 £744 9
2010£56,978 £730 25
2009£63,919 £1,368 13
2008£74,259 £904 33
2007£68,690 £821 50
2006£69,995 £831 38
2005£55,149 £692 39
2004£46,788 £516 40
2003£32,612 £378 37
2002£23,823 £278 30
2001£21,295 £270 20
2000£24,660 £288 21
1999£27,318 £229 8
1998£30,606 £747 16
1997£25,496 £228 14
1996£24,381 £262 16
1995£26,281 £265 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£98,625 £480 4
2023£101,273 £1,182 11
2022£107,900 £1,152 5
2021£109,000 £1,394 10
2020£67,688 £960 8
2019£70,278 £865 9
2018£98,908 £1,157 6
2017£93,350 £1,184 10
2016£95,390 £1,166 5
2015£70,778 £905 9
2014£108,761 £1,372 14
2013£121,379 £1,517 7
2012£117,700 £1,753 7
2011£100,531 £2,017 8
2010£134,136 £1,899 7
2009£124,308 £1,789 6
2008£110,828 £1,410 9
2007£93,667 £1,128 6
2006£92,190 £978 5
2005£85,790 £1,130 5
2004£66,045 £773 11
2003£46,625 £419 8
2002£46,800 £550 8
2001£39,000 £381 4
2000£55,238 £400 4
1999£51,225 £601 2
1998£43,875 £533 4
1997£40,625 £529 4
1996£30,250 £433 4
1995£45,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£22,5002
2023£51,250 £365 4
2021£33,667 £494 3
2020£39,498 £480 2
2018£45,000 £328 1
2015£6,8002
2014£25,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,0001
2023£182,833 £1,819 6
2022£223,635 £2,069 10
2021£147,250 £1,639 8
2020£187,500 £1,496 8
2019£158,417 £1,639 12
2018£145,500 £1,669 6
2017£179,939 £1,606 9
2016£170,593 £1,540 8
2015£123,767 £1,191 9
2014£153,439 £1,509 19
2013£156,342 £1,408 13
2012£126,075 £1,438 10
2011£182,283 £2,280 6
2010£197,970 £1,313 5
2009£179,642 £1,212 6
2008£169,025 £1,786 6
2007£139,431 £1,232 8
2006£127,000 £1,085 1
2005£136,000 £1,246 3
2004£149,156 £1,365 9
2003£100,500 £839 5
2002£69,900 £396 5
2001£69,780 £555 5
2000£62,0001
1999£44,100 £561 5
1998£54,390 £659 5
1997£62,112 £623 4
1996£49,766 £570 4
1995£56,992 £637 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£320,000 £1,584 1
2019£27,250 £421 2
2005£33,000 £806 2
2004£19,475 £397 2
2001£2,750 £56 2

House Type in DL14 8LT area

The most common house types in the DL14 8LT postcode area are Terraced (104), Detached (61), and Semi-detached (55).

Total238
Terraced104
Detached61
Semi-detached55
Flat17
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (91), and Social rented: Rents from council or Local Authority (59).

Owned: Owns with a mortgage or loan91
Social rented: Rents from council or Local Authority59
Private rented: Private landlord or letting agency34
Social rented: Other social rented27
Owned: Owns outright26
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DL14 8LT have 1 person in household (85), and 2 people in household (63).

1 person in household85
2 people in household63
3 people in household52
4 people in household30
5 people in household8
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0