Housing Market Analysis for OAK TERRACE, DL16 7LT

Are you looking to understand DL16 7LT 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 DL16 7LT area, explore the DL16 7LT Area information page.
For comprehensive crime statistics in the DL16 7LT area, explore the DL16 7LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DL16 7LT postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £79,557 median price is £100,000 Standard Deviation is £32,644 with Total Sold: 7
    • The most recent sale happened at this postcode is 6 OAK TERRACE: £102,000 (Sold on 07 Dec 2018)
    • The first recorded sale happened at this postcode is 6 OAK TERRACE: £25,000 (Sold on 27 Oct 1995)
  • Semi-Detached
    • The average price is around £28,000 median price is £28,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 OAK TERRACE: £28,000 (Sold on 24 Sep 1999)
    • The first recorded sale happened at this postcode is 1 OAK TERRACE: £28,000 (Sold on 24 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average DL16 7LT 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
2018£102,000 £723 1
2016£90,000 £638 2
2012£110,000 £779 1
2005£104,950 £744 1
1997£34,9501
1995£25,000 £177 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£28,000 £198 1

All the Sales in the OAK TERRACE, DL16 7LT

See the table below for more details on the sold house prices in the DL16 7LT, County Durham postcode.

AddressSold DatePrice% Change
6 OAK TERRACETerraced, FreeholdArea: 141 Sq.mtrAge: 1900-192907 Dec 2018£102,00027.50%
28 Oct 2016£80,000-20.00%
24 Jun 2016£100,000-4.72%
24 Mar 2005£104,950319.80%
27 Oct 1995£25,000First Sale
1 OAK TERRACETerraced, FreeholdArea: 141.2 Sq.mtrAge: before 190023 Jul 2012£110,000292.86%
24 Sep 1999£28,000First Sale
2 OAK TERRACETerraced, Freehold31 Jan 1997£34,950First Sale

Check out the sold house prices near the DL16 7LT postcode. Properties currently for saleProperties currently for rent

OAK TERRACE, DL16 7LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DL16 7LT 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 DL16 7LT postcode.

  • Semi-Detached
    • The average price is around £96,438 median price is £90,000 Standard Deviation is £45,056 with Total Sold: 564
    • The Last 5 Year average price is £111,217 with Total Sold: 98
    • The most recent sale happened at this postcode is , 2 ROSA STREET: £108,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 ATHERTON CLOSE: £61,650 (Sold on 19 Jan 1995)
  • Terraced
    • The average price is around £60,792 median price is £50,500 Standard Deviation is £39,756 with Total Sold: 1,403
    • The Last 5 Year average price is £68,488 with Total Sold: 300
    • The most recent sale happened at this postcode is , 15 OSBORNE ROAD: £129,500 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 32 EDWARD STREET: £23,000 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £167,721 median price is £175,000 Standard Deviation is £68,840 with Total Sold: 504
    • The Last 5 Year average price is £212,406 with Total Sold: 76
    • The most recent sale happened at this postcode is , 1 MORGAN DRIVE: £224,950 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 24 ATHERTON CLOSE: £69,950 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £67,946 median price is £65,000 Standard Deviation is £40,451 with Total Sold: 115
    • The Last 5 Year average price is £62,110 with Total Sold: 20
    • The most recent sale happened at this postcode is FLAT 1, THE OLD POLICE STATION DUNDAS STREET: £95,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 ST PAULS CLOSE: £26,500 (Sold on 31 Jul 1995)
  • Other
    • The average price is around £379,118 median price is £110,000 Standard Deviation is £1,181,824 with Total Sold: 50
    • The Last 5 Year average price is £524,559 with Total Sold: 28
    • The most recent sale happened at this postcode is , 04-Jun HIGH STREET: £86,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , JUDAH HOUSE VILLIERS STREET: £130,000 (Sold on 07 Jan 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,000 £1,053 7
2023£128,318 £1,703 14
2022£122,818 £1,646 14
2021£119,982 £1,426 30
2020£86,497 £1,169 18
2019£92,000 £1,360 15
2018£99,314 £1,332 23
2017£96,877 £1,324 18
2016£118,045 £1,341 14
2015£89,768 £1,053 16
2014£109,777 £1,232 9
2013£106,233 £1,343 18
2012£111,189 £1,350 14
2011£138,666 £1,481 21
2010£121,038 £1,474 17
2009£115,716 £1,731 13
2008£125,365 £1,767 26
2007£136,275 £1,681 34
2006£116,469 £1,395 27
2005£114,334 £1,409 19
2004£112,179 £1,281 34
2003£82,000 £895 17
2002£51,353 £697 18
2001£51,685 £670 17
2000£50,567 £579 27
1999£50,776 £634 15
1998£43,809 £501 16
1997£39,951 £565 13
1996£45,893 £604 24
1995£48,416 £659 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£69,017 £649 24
2023£79,902 £972 53
2022£69,347 £795 64
2021£68,709 £801 71
2020£66,946 £707 41
2019£55,190 £674 47
2018£66,298 £713 39
2017£67,624 £821 58
2016£76,698 £839 54
2015£59,779 £663 43
2014£67,636 £691 36
2013£83,558 £844 24
2012£99,975 £1,043 28
2011£79,600 £883 27
2010£67,828 £745 18
2009£77,931 £803 18
2008£84,567 £947 28
2007£88,160 £1,126 66
2006£79,969 £831 80
2005£75,511 £863 70
2004£69,839 £772 79
2003£41,403 £464 81
2002£35,471 £387 56
2001£33,773 £328 45
2000£30,264 £314 41
1999£29,424 £315 44
1998£27,942 £299 47
1997£28,579 £346 41
1996£28,002 £328 43
1995£28,143 £307 37
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,6503
2023£308,136 £2,160 7
2022£265,068 £2,158 16
2021£186,858 £1,770 18
2020£185,397 £1,709 20
2019£175,875 £1,654 12
2018£196,247 £1,673 18
2017£192,194 £1,744 23
2016£203,176 £1,824 25
2015£195,148 £1,628 28
2014£184,370 £1,737 36
2013£185,390 £1,640 16
2012£174,078 £1,593 16
2011£179,554 £1,831 20
2010£210,343 £1,614 14
2009£188,176 £1,730 12
2008£195,614 £1,909 14
2007£216,237 £1,948 42
2006£193,759 £1,934 11
2005£177,822 £1,573 9
2004£163,862 £1,486 20
2003£140,743 £1,393 15
2002£85,167 £788 9
2001£78,491 £768 11
2000£75,645 £925 14
1999£65,012 £640 13
1998£66,648 £640 22
1997£69,709 £732 22
1996£69,712 £737 12
1995£66,333 £472 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0001
2023£51,000 £1,300 2
2022£64,929 £1,142 7
2021£66,671 £1,055 7
2020£59,500 £911 1
2019£32,250 £667 2
2018£57,000 £1,078 6
2017£81,332 £1,117 3
2016£66,238 £962 4
2015£72,500 £1,255 4
2014£60,500 £1,140 3
2013£92,250 £1,384 2
2012£62,333 £1,183 3
2011£42,000 £643 1
2010£92,000 £1,075 1
2009£114,549 £1,376 10
2008£115,975 £1,449 8
2007£119,361 £1,881 5
2006£71,667 £1,423 6
2005£79,080 £1,314 5
2004£60,157 £1,141 7
2003£47,250 £873 6
2002£24,292 £654 6
2001£24,000 £416 2
2000£27,895 £697 1
1999£37,000 £327 1
1998£26,738 £607 4
1997£23,833 £464 3
1996£26,500 £729 2
1995£26,725 £741 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,0001
2023£273,000 £1,857 1
2022£274,786 £372 7
2021£16,5742
2020£863,750 £12,680 12
2019£401,400 £90 5
2018£101,232 £246 7
2017£276,049 £1,314 8
2016£234,688 £1,402 4
2015£127,5001
2014£142,500 £1,327 2

House Type in DL16 7LT area

The most common house types in the DL16 7LT postcode area are Semi-detached (35), Terraced (27), and Flat (14).

Total98
Semi-detached35
Terraced27
Flat14
Detached12
converted building6
Shared house4
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 (44), and Owned: Owns outright (24).

Owned: Owns with a mortgage or loan44
Owned: Owns outright24
Private rented: Private landlord or letting agency24
Social rented: Other social rented3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the DL16 7LT have 1 person in household (45), and 2 people in household (23).

1 person in household45
2 people in household23
3 people in household19
4 people in household5
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0