Housing Market Analysis for FARADAY CLOSE, DL16 7UY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £117,857 median price is £117,372 Standard Deviation is £20,999 with Total Sold: 14
    • The Last 5 Year average price is £126,400 with Total Sold: 5
    • The most recent sale happened at this postcode is 6 FARADAY CLOSE: £135,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is 6 FARADAY CLOSE: £128,695 (Sold on 11 Apr 2014)
  • Semi-Detached
    • The average price is around £125,764 median price is £128,500 Standard Deviation is £22,334 with Total Sold: 30
    • The Last 5 Year average price is £132,438 with Total Sold: 8
    • The most recent sale happened at this postcode is 34 FARADAY CLOSE: £158,000 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is 3 FARADAY CLOSE: £135,000 (Sold on 13 Dec 2013)
  • Detached
    • The average price is around £165,393 median price is £161,248 Standard Deviation is £13,000 with Total Sold: 10
    • The Last 5 Year average price is £177,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 25 FARADAY CLOSE: £174,950 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is 2 FARADAY CLOSE: £148,000 (Sold on 18 Dec 2013)
  • Flat
    • The average price is around £91,796 median price is £91,000 Standard Deviation is £1,882 with Total Sold: 3
    • The Last 5 Year average price is £91,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 FARADAY CLOSE: £91,000 (Sold on 02 Oct 2020)
    • The first recorded sale happened at this postcode is 14 FARADAY CLOSE: £94,394 (Sold on 21 Nov 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average DL16 7UY 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
2024£135,0001
2021£124,000 £1,797 1
2020£113,000 £1,548 1
2019£130,000 £1,640 2
2016£84,523 £1,158 3
2015£131,748 £1,669 2
2014£125,235 £1,756 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£156,000 £1,529 2
2021£123,000 £1,783 1
2020£150,000 £1,685 1
2019£118,625 £1,514 4
2018£127,000 £1,716 1
2017£130,000 £1,688 1
2016£84,523 £1,112 3
2015£118,122 £1,620 4
2014£134,305 £1,680 11
2013£126,500 £1,709 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£174,950 £1,966 1
2020£180,000 £1,593 1
2018£149,995 £1,948 1
2014£166,831 £1,706 6
2013£148,000 £1,922 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£91,000 £1,338 1
2015£89,995 £1,323 1
2014£94,394 £1,242 1

All the Sales in the FARADAY CLOSE, DL16 7UY

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

AddressSold DatePrice% Change
6 FARADAY CLOSETerraced, Freehold31 May 2024£135,0008.87%
18 Jun 2021£124,000-3.65%
11 Apr 2014£128,695First Sale
34 FARADAY CLOSESemi-Detached, FreeholdArea: 102 Sq.mtr12 May 2023£158,0002.60%
24 Mar 2023£154,0000.98%
30 Jan 2015£152,500First Sale
25 FARADAY CLOSEDetached, FreeholdArea: 89 Sq.mtr28 May 2021£174,9509.35%
26 Sep 2014£159,995First Sale
38 FARADAY CLOSESemi-Detached, FreeholdArea: 69 Sq.mtr26 Feb 2021£123,000-3.91%
17 Oct 2014£128,000First Sale
41 FARADAY CLOSESemi-Detached, FreeholdArea: 89 Sq.mtr26 Nov 2020£150,0000.33%
27 Feb 2019£149,500-4.16%
29 Aug 2014£155,995First Sale
18 FARADAY CLOSEFlat, FreeholdArea: 68 Sq.mtr02 Oct 2020£91,0001.12%
26 Feb 2015£89,995First Sale
1 FARADAY CLOSEDetached, FreeholdArea: 113 Sq.mtr30 Jun 2020£180,0000.0
28 Feb 2014£180,000First Sale
31 FARADAY CLOSETerraced, FreeholdArea: 73 Sq.mtr17 Mar 2020£113,00033.69%
14 Oct 2016£84,523First Sale
33 FARADAY CLOSETerraced, FreeholdArea: 89 Sq.mtr06 Dec 2019£150,0001.69%
16 Jan 2015£147,500First Sale
20 FARADAY CLOSESemi-Detached, FreeholdArea: 63 Sq.mtr22 Nov 2019£98,500-14.35%
29 Aug 2014£115,000First Sale
10 FARADAY CLOSESemi-Detached, FreeholdArea: 102 Sq.mtr04 Nov 2019£129,000-14.00%
27 Jun 2014£150,000First Sale
23 FARADAY CLOSESemi-Detached, FreeholdArea: 63 Sq.mtr20 Feb 2019£97,500-15.94%
23 Oct 2014£115,995First Sale
17 FARADAY CLOSETerraced, FreeholdArea: 69 Sq.mtr15 Feb 2019£110,000-5.17%
19 Dec 2014£115,995First Sale
3 FARADAY CLOSESemi-Detached, FreeholdArea: 74 Sq.mtr31 Oct 2018£127,000-5.93%
13 Dec 2013£135,000First Sale
2 FARADAY CLOSEDetached, FreeholdArea: 77 Sq.mtr31 Jul 2018£149,9951.35%
18 Dec 2013£148,000First Sale
40 FARADAY CLOSESemi-Detached, FreeholdArea: 77 Sq.mtr25 Aug 2017£130,000-2.98%
25 Jul 2014£133,995First Sale
30 FARADAY CLOSETerraced, FreeholdArea: 73 Sq.mtr14 Oct 2016£84,523First Sale
26 FARADAY CLOSESemi-Detached, FreeholdArea: 76 Sq.mtr30 Sep 2016£84,523First Sale
29 FARADAY CLOSETerraced, FreeholdArea: 73 Sq.mtr30 Sep 2016£84,523First Sale
27 FARADAY CLOSESemi-Detached, FreeholdArea: 76 Sq.mtr30 Sep 2016£84,523First Sale
32 FARADAY CLOSESemi-Detached, FreeholdArea: 76 Sq.mtr02 Sep 2016£84,523First Sale
22 FARADAY CLOSESemi-Detached, Freehold19 Jun 2015£98,000First Sale
15 FARADAY CLOSETerraced, FreeholdArea: 69 Sq.mtr01 May 2015£115,995First Sale
19 FARADAY CLOSESemi-Detached, FreeholdArea: 63 Sq.mtr30 Jan 2015£105,995First Sale
39 FARADAY CLOSESemi-Detached, FreeholdArea: 69 Sq.mtr09 Jan 2015£115,995First Sale
11 FARADAY CLOSESemi-Detached, FreeholdArea: 102 Sq.mtr22 Dec 2014£130,000First Sale
36 FARADAY CLOSEDetached, FreeholdArea: 87 Sq.mtr19 Dec 2014£157,500First Sale
8 FARADAY CLOSEDetached, FreeholdArea: 113 Sq.mtr19 Dec 2014£185,995First Sale
14 FARADAY CLOSEFlat, FreeholdArea: 76 Sq.mtr21 Nov 2014£94,394First Sale
37 FARADAY CLOSEDetached, FreeholdArea: 87 Sq.mtr14 Nov 2014£162,500First Sale
35 FARADAY CLOSESemi-Detached, FreeholdArea: 102 Sq.mtr14 Nov 2014£144,875First Sale
24 FARADAY CLOSESemi-Detached, FreeholdArea: 63 Sq.mtr17 Sep 2014£115,000First Sale
9 FARADAY CLOSESemi-Detached, FreeholdArea: 77 Sq.mtr27 Aug 2014£133,995First Sale
16 FARADAY CLOSETerraced, FreeholdArea: 69 Sq.mtr25 Jul 2014£118,750First Sale
12 FARADAY CLOSESemi-Detached, FreeholdArea: 89 Sq.mtr18 Jul 2014£154,500First Sale
5 FARADAY CLOSEDetached, FreeholdArea: 102 Sq.mtr27 Jun 2014£154,995First Sale
7 FARADAY CLOSETerraced, Freehold11 Apr 2014£137,500First Sale
4 FARADAY CLOSESemi-Detached, FreeholdArea: 74 Sq.mtr18 Dec 2013£118,000First Sale

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

FARADAY CLOSE, DL16 7UY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £84,037 median price is £79,975 Standard Deviation is £45,227 with Total Sold: 452
    • The Last 5 Year average price is £106,364 with Total Sold: 105
    • The most recent sale happened at this postcode is , 14 SWAN WALK: £125,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 39 WEARDALE STREET: £37,000 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £177,593 median price is £182,500 Standard Deviation is £34,249 with Total Sold: 161
    • The Last 5 Year average price is £181,782 with Total Sold: 103
    • The most recent sale happened at this postcode is , 11 SPENCER ROAD: £191,000 (Sold on 01 Feb 2024)
    • The first recorded sale happened at this postcode is , THE FROG AND FERRETT COULSON STREET: £130,000 (Sold on 17 Nov 1998)
  • Semi-Detached
    • The average price is around £105,293 median price is £114,000 Standard Deviation is £38,330 with Total Sold: 259
    • The Last 5 Year average price is £132,977 with Total Sold: 88
    • The most recent sale happened at this postcode is , 3 SWAN WALK: £165,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 67 WEARDALE STREET: £33,250 (Sold on 31 Jan 1997)
  • Other
    • The average price is around £391,600 median price is £141,500 Standard Deviation is £665,984 with Total Sold: 10
    • The Last 5 Year average price is £188,786 with Total Sold: 7
    • The most recent sale happened at this postcode is , 38 WOODWARD ROAD: £123,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is , THE FROG AND FERRETT COULSON STREET: £81,500 (Sold on 27 Nov 2015)
  • Flat
    • The average price is around £67,875 median price is £67,975 Standard Deviation is £28,232 with Total Sold: 30
    • The Last 5 Year average price is £84,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 49 WOODWARD ROAD: £112,500 (Sold on 03 Mar 2023)
    • The first recorded sale happened at this postcode is , 20 BLAIR AVENUE: £33,000 (Sold on 05 Jun 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,2005
2023£100,171 £1,336 17
2022£114,112 £1,440 19
2021£102,963 £1,411 23
2020£98,750 £1,282 21
2019£110,965 £1,580 20
2018£114,003 £1,556 51
2017£134,089 £1,672 30
2016£108,489 £1,311 29
2015£110,498 £1,407 22
2014£102,140 £1,370 13
2013£75,017 £991 9
2012£48,500 £728 2
2011£77,750 £1,383 6
2010£70,250 £1,159 5
2009£64,500 £1,593 2
2008£82,931 £1,266 8
2007£85,333 £1,130 6
2006£85,859 £1,237 11
2005£82,295 £1,098 10
2004£61,717 £957 15
2003£52,893 £847 12
2002£38,931 £591 13
2001£32,750 £425 17
2000£40,780 £601 5
1999£33,254 £489 12
1998£32,390 £511 18
1997£36,241 £562 31
1996£29,857 £377 7
1995£20,846 £291 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£184,040 £2,051 10
2022£151,250 £1,780 8
2021£194,185 £2,146 28
2020£190,334 £2,023 27
2019£169,170 £1,816 29
2018£169,581 £1,757 6
2017£180,568 £1,767 7
2016£176,707 £1,746 21
2015£162,288 £1,736 11
2014£166,831 £1,706 6
2013£172,498 £1,833 2
2012£283,250 £1,303 1
2009£84,7501
2005£77,5001
2002£169,950 £782 1
1998£130,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£137,100 £1,735 9
2022£129,641 £1,920 7
2021£136,327 £1,848 37
2020£129,812 £1,717 7
2019£128,852 £1,771 28
2018£111,618 £1,545 33
2017£104,415 £1,548 6
2016£112,344 £1,456 20
2015£105,132 £1,475 9
2014£126,202 £1,650 19
2013£117,300 £1,632 5
2012£89,000 £1,344 1
2011£90,000 £1,370 1
2010£112,250 £1,624 2
2009£74,475 £1,193 2
2008£98,000 £1,715 2
2007£107,990 £1,684 5
2006£116,000 £2,093 6
2005£111,000 £1,914 1
2004£89,562 £1,556 6
2003£65,500 £946 4
2002£48,367 £844 6
2001£47,500 £617 3
2000£49,467 £856 3
1999£47,880 £737 5
1998£42,429 £650 17
1997£42,999 £744 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£103,000 £1,522 2
2021£91,500 £1,346 1
2019£256,000 £1,433 4
2018£162,995 £2,090 1
2017£2,350,0001
2015£81,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£112,500 £1,654 1
2021£48,500 £936 1
2020£91,000 £1,338 1
2018£100,000 £1,754 1
2017£104,995 £1,544 2
2016£98,995 £1,456 2
2015£86,996 £1,366 4
2014£70,197 £1,090 2
2010£77,500 £1,604 1
2007£83,000 £1,679 2
2004£67,975 £1,381 2
2003£49,000 £998 2
2002£39,500 £767 2
2001£34,000 £667 1
1999£34,950 £713 1
1998£32,500 £627 5

House Type in DL16 7UY area

The most common house types in the DL16 7UY postcode area are Semi-detached (62), Terraced (39), and Detached (14).

Total123
Semi-detached62
Terraced39
Detached14
Flat7
commercial building1
Shared house0
converted 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 (43), and Social rented: Other social rented (32).

Owned: Owns with a mortgage or loan43
Social rented: Other social rented32
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority15
Owned: Owns outright13
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the DL16 7UY have 2 people in household (48), and 1 person in household (43).

2 people in household48
1 person in household43
3 people in household23
4 people in household8
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0