Housing Market Analysis for INSTITUTE TERRACE, DL15 8DE

Are you looking to understand DL15 8DE 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 DL15 8DE area, explore the DL15 8DE Area information page.
For comprehensive crime statistics in the DL15 8DE area, explore the DL15 8DE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DL15 8DE postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £51,250 median price is £40,000 Standard Deviation is £24,123 with Total Sold: 17
    • The Last 5 Year average price is £71,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 INSTITUTE TERRACE: £80,000 (Sold on 06 May 2021)
    • The first recorded sale happened at this postcode is 7 INSTITUTE TERRACE: £23,750 (Sold on 12 May 1995)
  • Semi-Detached
    • The average price is around £58,000 median price is £58,000 Standard Deviation is £27,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 INSTITUTE TERRACE: £85,000 (Sold on 24 May 2007)
    • The first recorded sale happened at this postcode is 1 INSTITUTE TERRACE: £31,000 (Sold on 26 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average DL15 8DE 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£80,000 £1,159 1
2020£62,500 £1,096 1
2018£61,500 £875 2
2017£32,000 £571 1
2013£98,000 £760 1
2007£90,000 £1,098 1
2005£69,000 £1,001 2
2003£37,250 £592 2
2001£36,5001
1999£31,750 £356 2
1998£24,750 £390 2
1995£23,750 £424 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£85,000 £659 1
1997£31,000 £240 1

All the Sales in the INSTITUTE TERRACE, DL15 8DE

See the table below for more details on the sold house prices in the DL15 8DE, County Durham postcode.

AddressSold DatePrice% Change
2 INSTITUTE TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: before 190006 May 2021£80,000100.00%
07 Nov 2003£40,00029.03%
12 Jun 1998£31,000First Sale
9 INSTITUTE TERRACETerraced, FreeholdArea: 57 Sq.mtrAge: before 190030 Nov 2020£62,50013.64%
04 Feb 2005£55,00059.42%
05 Sep 2003£34,500First Sale
7 INSTITUTE TERRACETerraced, FreeholdArea: 56 Sq.mtrAge: before 190007 Dec 2018£63,00096.88%
27 Jan 2017£32,00072.97%
12 May 1998£18,500-22.11%
12 May 1995£23,750First Sale
5 INSTITUTE TERRACETerraced, FreeholdArea: 96 Sq.mtrAge: 1900-192907 Mar 2018£60,000First Sale
1 INSTITUTE TERRACETerraced, FreeholdArea: 129 Sq.mtrAge: before 190006 Sep 2013£98,00015.29%
24 May 2007£85,000174.19%
26 Aug 1997£31,000First Sale
11 INSTITUTE TERRACETerraced, FreeholdArea: 82 Sq.mtrAge: before 190030 Apr 2007£90,000First Sale
12 INSTITUTE TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: before 190025 Feb 2005£83,000191.23%
25 Jun 1999£28,500First Sale
13 INSTITUTE TERRACETerraced, Freehold22 Jun 2001£36,5004.29%
16 Nov 1999£35,000First Sale

Check out the sold house prices near the DL15 8DE postcode. Properties currently for saleProperties currently for rent

INSTITUTE TERRACE, DL15 8DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DL15 8DE 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 DL15 8DE postcode.

  • Detached
    • The average price is around £265,976 median price is £275,000 Standard Deviation is £99,995 with Total Sold: 77
    • The Last 5 Year average price is £342,643 with Total Sold: 21
    • The most recent sale happened at this postcode is , 10 PENNINE COURT: £320,000 (Sold on 21 Aug 2023)
    • The first recorded sale happened at this postcode is , 5 PENNINE COURT: £82,500 (Sold on 15 Dec 1995)
  • Terraced
    • The average price is around £65,796 median price is £49,000 Standard Deviation is £72,265 with Total Sold: 92
    • The Last 5 Year average price is £94,833 with Total Sold: 9
    • The most recent sale happened at this postcode is , 3 THE GROVE: £300,000 (Sold on 05 Jun 2023)
    • The first recorded sale happened at this postcode is , 5 SOUTH VIEW: £26,500 (Sold on 09 May 1995)
  • Semi-Detached
    • The average price is around £109,568 median price is £93,500 Standard Deviation is £72,312 with Total Sold: 27
    • The Last 5 Year average price is £162,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 8 NORTH END VILLAS: £105,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is , 9 PENNINE COURT: £65,000 (Sold on 12 May 1995)
  • Other
    • The average price is around £460,000 median price is £460,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £460,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , FIR TREE FILLING STATION : £460,000 (Sold on 04 Feb 2021)
    • The first recorded sale happened at this postcode is , FIR TREE FILLING STATION : £460,000 (Sold on 04 Feb 2021)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£347,500 £2,465 4
2022£355,500 £1,881 2
2021£362,227 £1,756 11
2020£290,000 £1,801 1
2019£273,333 £1,861 3
2018£386,000 £1,804 1
2017£332,983 £1,525 3
2016£267,250 £1,889 2
2015£239,000 £1,528 3
2013£189,975 £1,165 2
2012£210,000 £1,403 1
2011£255,000 £1,666 2
2010£338,750 £1,065 2
2008£400,0001
2007£275,5002
2006£290,690 £1,858 11
2005£335,0001
2004£242,299 £1,580 5
2003£183,971 £1,394 12
2002£183,500 £740 2
2001£142,0001
2000£67,000 £870 1
1999£120,0001
1998£80,000 £640 1
1996£109,500 £615 1
1995£82,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £2,439 1
2022£51,000 £1,000 1
2021£65,500 £984 2
2020£83,000 £1,089 4
2019£39,500 £556 1
2018£143,500 £1,953 7
2017£48,500 £550 2
2016£59,000 £733 2
2015£40,725 £575 2
2013£80,125 £838 4
2011£77,500 £951 4
2010£73,975 £1,056 2
2009£75,167 £1,230 3
2008£173,250 £1,662 2
2007£103,000 £1,294 9
2006£78,000 £1,404 3
2005£66,390 £1,088 5
2004£72,500 £1,133 1
2003£34,643 £573 7
2002£28,692 £470 6
2001£27,900 £380 5
2000£17,500 £327 1
1999£31,750 £356 2
1998£19,375 £278 8
1997£11,500 £175 1
1996£27,125 £367 4
1995£24,250 £307 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£105,000 £1,141 1
2022£217,500 £1,512 2
2020£110,000 £1,549 1
2016£239,950 £1,186 1
2014£115,000 £1,545 1
2008£185,500 £1,298 2
2007£156,250 £876 2
2006£124,975 £1,137 2
2002£89,667 £650 3
2001£99,0001
2000£73,150 £845 3
1999£93,500 £1,317 1
1998£42,000 £521 2
1997£45,000 £277 3
1995£60,000 £474 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£460,0001

House Type in DL15 8DE area

The most common house types in the DL15 8DE postcode area are Detached (43), Terraced (40), and Semi-detached (17).

Total100
Detached43
Terraced40
Semi-detached17
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright54
Owned: Owns with a mortgage or loan27
Private rented: Private landlord or letting agency13
Social rented: Rents from council or Local Authority3
Social rented: Other social rented1
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 DL15 8DE have 2 people in household (39), and 1 person in household (30).

2 people in household39
1 person in household30
4 people in household16
3 people in household12
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0