Housing Market Analysis for DRAKE STREET, DL16 7UD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £38,883 median price is £32,950 Standard Deviation is £14,785 with Total Sold: 9
    • The Last 5 Year average price is £31,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 DRAKE STREET: £31,000 (Sold on 07 Feb 2022)
    • The first recorded sale happened at this postcode is 9 DRAKE STREET: £32,950 (Sold on 24 Sep 2001)
  • Other
    • The average price is around £29,500 median price is £29,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 DRAKE STREET: £29,500 (Sold on 20 Jun 2018)
    • The first recorded sale happened at this postcode is 11 DRAKE STREET: £29,500 (Sold on 20 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average DL16 7UD 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
2022£31,000 £477 1
2018£37,000 £597 1
2016£30,000 £484 1
2015£39,500 £472 2
2014£31,500 £409 2
2007£77,0001
2001£32,950 £464 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£29,500 £476 1

All the Sales in the DRAKE STREET, DL16 7UD

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

AddressSold DatePrice% Change
7 DRAKE STREETTerraced, FreeholdArea: 65 Sq.mtrAge: before 190007 Feb 2022£31,000First Sale
11 DRAKE STREETTerraced, FreeholdArea: 62 Sq.mtrAge: 1900-192916 Oct 2018£37,00025.42%
20 Jun 2018£29,500-1.67%
30 Jun 2016£30,0003.45%
21 Jul 2015£29,000-12.12%
17 Apr 2014£33,000First Sale
8 DRAKE STREETTerraced, FreeholdArea: 105 Sq.mtrAge: 1900-192916 Mar 2015£50,00066.67%
06 Jun 2014£30,000First Sale
6 DRAKE STREETTerraced, Freehold17 Sep 2007£77,000First Sale
9 DRAKE STREETTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-192924 Sep 2001£32,950First Sale

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

DRAKE STREET, DL16 7UD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £79,562 median price is £67,725 Standard Deviation is £40,456 with Total Sold: 434
    • The Last 5 Year average price is £93,838 with Total Sold: 60
    • 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 £54,028 median price is £47,000 Standard Deviation is £30,505 with Total Sold: 1,274
    • The Last 5 Year average price is £57,648 with Total Sold: 251
    • 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)
  • Flat
    • The average price is around £55,675 median price is £47,950 Standard Deviation is £35,750 with Total Sold: 126
    • The Last 5 Year average price is £57,398 with Total Sold: 22
    • 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)
  • Detached
    • The average price is around £119,740 median price is £99,000 Standard Deviation is £66,211 with Total Sold: 210
    • The Last 5 Year average price is £208,334 with Total Sold: 16
    • The most recent sale happened at this postcode is , 27 CHEAPSIDE: £145,900 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is , 24 ATHERTON CLOSE: £69,950 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £500,670 median price is £117,500 Standard Deviation is £1,479,206 with Total Sold: 53
    • The Last 5 Year average price is £734,242 with Total Sold: 30
    • 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£93,000 £1,053 4
2023£103,408 £1,478 6
2022£129,445 £1,609 10
2021£102,903 £1,297 16
2020£67,381 £989 13
2019£74,636 £1,217 11
2018£80,196 £1,160 14
2017£73,883 £1,056 9
2016£105,456 £1,318 8
2015£84,735 £1,008 14
2014£89,750 £1,125 6
2013£75,021 £1,139 12
2012£90,994 £1,168 9
2011£97,071 £1,206 7
2010£79,929 £1,147 7
2009£105,417 £1,515 6
2008£95,577 £1,397 13
2007£121,085 £1,457 20
2006£108,723 £1,280 22
2005£113,571 £1,469 19
2004£110,752 £1,284 36
2003£78,761 £893 17
2002£50,045 £720 20
2001£51,310 £681 15
2000£50,028 £599 29
1999£49,772 £669 22
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£66,043 £679 21
2023£61,404 £698 44
2022£57,789 £691 53
2021£59,504 £697 58
2020£60,301 £607 36
2019£43,486 £518 39
2018£49,922 £487 30
2017£46,738 £529 41
2016£50,232 £536 38
2015£48,041 £566 37
2014£55,393 £574 28
2013£60,772 £616 18
2012£76,853 £787 17
2011£58,777 £646 22
2010£61,667 £745 18
2009£72,820 £738 15
2008£85,046 £1,008 30
2007£87,252 £1,098 64
2006£80,001 £871 81
2005£75,258 £907 69
2004£70,088 £785 82
2003£41,470 £471 77
2002£35,753 £387 56
2001£34,124 £338 41
2000£32,749 £341 40
1999£32,561 £425 56
1998£27,306 £296 45
1997£28,579 £346 41
1996£27,622 £328 42
1995£27,751 £307 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£71,500 £984 2
2023£58,875 £1,281 4
2022£56,250 £1,061 6
2021£61,150 £814 5
2020£58,833 £1,054 3
2019£32,250 £667 2
2018£46,320 £1,037 5
2017£70,198 £1,079 3
2016£62,000 £1,077 5
2015£60,167 £1,139 3
2014£53,000 £1,116 3
2012£40,750 £848 3
2011£42,000 £643 1
2010£92,000 £1,075 1
2009£320,0001
2008£108,500 £581 4
2007£96,490 £1,425 5
2006£71,667 £1,423 6
2005£81,271 £1,382 7
2004£60,333 £1,152 9
2003£48,090 £861 10
2002£29,800 £703 9
2001£29,688 £522 4
2000£30,948 £677 2
1999£34,275 £618 12
1998£26,738 £607 4
1997£23,833 £464 3
1996£26,500 £729 2
1995£26,725 £741 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,9502
2023£300,000 £3,019 2
2022£372,500 £2,069 2
2021£181,417 £1,793 6
2020£137,983 £1,624 3
2019£180,000 £1,426 1
2018£182,833 £1,569 3
2017£154,300 £1,435 5
2016£172,667 £1,761 3
2015£98,000 £421 1
2014£122,272 £1,400 9
2013£115,250 £1,395 2
2012£132,600 £1,318 5
2011£135,000 £1,510 1
2010£138,000 £1,643 1
2009£142,475 £1,214 2
2008£155,800 £1,504 5
2007£174,632 £1,704 11
2006£162,983 £1,945 3
2005£209,590 £1,573 10
2004£165,309 £1,592 17
2003£140,743 £1,393 15
2002£84,562 £788 8
2001£75,340 £768 10
2000£75,964 £925 13
1999£63,695 £640 11
1998£66,648 £640 22
1997£69,205 £732 20
1996£69,712 £737 12
1995£62,600 £472 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,0001
2023£1,934,404 £1,857 4
2022£274,786 £372 7
2021£16,5742
2020£930,909 £14,446 11
2019£401,400 £90 5
2018£101,232 £246 7
2017£272,043 £1,314 9
2016£234,688 £1,402 4
2015£127,5001
2014£142,500 £1,327 2

House Type in DL16 7UD area

The most common house types in the DL16 7UD postcode area are Terraced (95), Semi-detached (5), and Detached (4).

Total104
Terraced95
Semi-detached5
Detached4
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (45), and Owned: Owns with a mortgage or loan (25).

Private rented: Private landlord or letting agency45
Owned: Owns with a mortgage or loan25
Owned: Owns outright23
Social rented: Other social rented5
Social rented: Rents from council or Local Authority3
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 DL16 7UD have 1 person in household (48), and 2 people in household (33).

1 person in household48
2 people in household33
3 people in household16
5 people in household4
4 people in household2
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0