Housing Market Analysis for MERRINGTON LANE INDUSTRIAL ESTATE, DL16 7XL

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,750,000 median price is £1,750,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £1,750,000 with Total Sold: 2
    • The most recent sale happened at this postcode is UNIT 7 MERRINGTON LANE INDUSTRIAL ESTATE: £1,750,000 (Sold on 21 Jun 2019)
    • The first recorded sale happened at this postcode is UNIT 1 MERRINGTON LANE INDUSTRIAL ESTATE: £1,750,000 (Sold on 21 Jun 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average DL16 7XL 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,750,0002

All the Sales in the MERRINGTON LANE INDUSTRIAL ESTATE, DL16 7XL

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

AddressSold DatePrice% Change
UNIT 7 MERRINGTON LANE INDUSTRIAL ESTATEOther, Freehold21 Jun 2019£1,750,000First Sale
UNIT 1 MERRINGTON LANE INDUSTRIAL ESTATEOther, Freehold21 Jun 2019£1,750,000First Sale

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

MERRINGTON LANE INDUSTRIAL ESTATE, DL16 7XL Near By properties

Interactive Map

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

  • Other
    • The average price is around £1,318,000 median price is £1,750,000 Standard Deviation is £808,638 with Total Sold: 5
    • The Last 5 Year average price is £1,060,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , INGLEDENE VYNERS CLOSE: £240,000 (Sold on 11 Feb 2022)
    • The first recorded sale happened at this postcode is , J MITCHINSON LTD MERRINGTON LANE INDUSTRIAL ESTATE: £2,350,000 (Sold on 31 Mar 2017)
  • Semi-Detached
    • The average price is around £91,600 median price is £80,000 Standard Deviation is £45,645 with Total Sold: 5
    • The Last 5 Year average price is £145,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SUNNINGDALE VYNERS CLOSE: £145,000 (Sold on 28 Aug 2020)
    • The first recorded sale happened at this postcode is , FIELD VIEW VYNERS CLOSE: £20,000 (Sold on 20 Oct 2000)
  • Detached
    • The average price is around £182,317 median price is £165,000 Standard Deviation is £49,685 with Total Sold: 3
    • The Last 5 Year average price is £207,475 with Total Sold: 2
    • The most recent sale happened at this postcode is , ABERFORD VYNERS CLOSE: £249,950 (Sold on 26 Jun 2020)
    • The first recorded sale happened at this postcode is , OAKLEA MERRINGTON ROAD: £132,000 (Sold on 20 Mar 2014)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£240,000 £2,609 1
2019£1,333,3333
2017£2,350,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£145,000 £1,908 1
2018£137,000 £1,803 1
2015£80,000 £1,053 1
2002£76,0001
2000£20,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£249,950 £2,840 1
2019£165,000 £1,875 1
2014£132,000 £1,553 1

House Type in DL16 7XL area

The most common house types in the DL16 7XL postcode area are Detached (105), Semi-detached (67), and Terraced (4).

Total176
Detached105
Semi-detached67
Terraced4
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 (96), and Owned: Owns with a mortgage or loan (63).

Owned: Owns outright96
Owned: Owns with a mortgage or loan63
Private rented: Private landlord or letting agency14
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the DL16 7XL have 2 people in household (88), and 1 person in household (31).

2 people in household88
1 person in household31
4 people in household30
3 people in household22
5 people in household4
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0