Housing Market Analysis for WESTMORLAND WAY, DL5 4LP

Are you looking to understand DL5 4LP 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 DL5 4LP area, explore the DL5 4LP Area information page.
For comprehensive crime statistics in the DL5 4LP area, explore the DL5 4LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DL5 4LP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £111,545 median price is £114,975 Standard Deviation is £29,297 with Total Sold: 10
- The Last 5 Year average price is £142,167 with Total Sold: 3
- The most recent sale happened at this postcode is 38 WESTMORLAND WAY: £150,000 (Sold on 23 Jun 2022)
- The first recorded sale happened at this postcode is 40 WESTMORLAND WAY: £47,000 (Sold on 24 Jan 2001)
Detached
- The average price is around £109,000 median price is £109,000 Standard Deviation is £51,000 with Total Sold: 2
- The most recent sale happened at this postcode is 50 WESTMORLAND WAY: £160,000 (Sold on 02 Aug 2019)
- The first recorded sale happened at this postcode is 50 WESTMORLAND WAY: £58,000 (Sold on 01 May 1998)
Terraced
- The average price is around £104,636 median price is £107,500 Standard Deviation is £45,183 with Total Sold: 11
- The most recent sale happened at this postcode is 62 WESTMORLAND WAY: £107,500 (Sold on 17 May 2019)
- The first recorded sale happened at this postcode is 54 WESTMORLAND WAY: £59,500 (Sold on 04 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average DL5 4LP 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£150,000	£1,648	1
2020	£138,250	£1,626	2
2019	£96,000	£1,067	1
2017	£119,975	£1,343	2
2016	£102,000	£1,200	1
2015	£120,000	£1,765	1
2011	£84,000	£941	1
2001	£47,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£160,000	£1,231	1
1998	£58,000	£446	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£123,750	£1,219	2
2018	£151,000	£1,265	1
2009	£149,000	£1,301	2
2008	£165,000	£1,188	1
2003	£75,000	£688	1
1999	£50,000	£419	1
1998	£45,000	£413	1
1997	£59,748	£430	2

All the Sales in the WESTMORLAND WAY, DL5 4LP

See the table below for more details on the sold house prices in the DL5 4LP, County Durham postcode.

Address	Sold Date	Price	% Change
38 WESTMORLAND WAYSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	23 Jun 2022	£150,000	36.43%
	24 Nov 2017	£109,950	First Sale
58 WESTMORLAND WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	31 Mar 2020	£140,000	2.56%
	27 Mar 2020	£136,500	33.82%
	27 May 2016	£102,000	First Sale
50 WESTMORLAND WAYDetached, FreeholdArea: 130 Sq.mtrAge: 1967-1975	02 Aug 2019	£160,000	175.86%
	01 May 1998	£58,000	First Sale
26 WESTMORLAND WAYSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	06 Jun 2019	£96,000	First Sale
62 WESTMORLAND WAYTerraced, FreeholdArea: 92 Sq.mtrAge: 1950-1966	17 May 2019	£107,500	43.33%
	25 Jul 2003	£75,000	66.67%
	28 May 1998	£45,000	First Sale
46 WESTMORLAND WAYTerraced, FreeholdArea: 110.23 Sq.mtrAge: 1950-1966	15 Feb 2019	£140,000	-7.89%
	11 Dec 2009	£152,000	First Sale
52 WESTMORLAND WAYTerraced, FreeholdArea: 119.33 Sq.mtrAge: 1950-1966	14 Sep 2018	£151,000	3.42%
	11 Aug 2009	£146,000	192.00%
	22 Jan 1999	£50,000	First Sale
44 WESTMORLAND WAYSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	12 Dec 2017	£130,000	First Sale
42 WESTMORLAND WAYSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-1966	14 May 2015	£120,000	First Sale
28 WESTMORLAND WAYSemi-Detached, FreeholdArea: 89.3 Sq.mtrAge: 1950-1966	09 Sep 2011	£84,000	First Sale
54 WESTMORLAND WAYTerraced, FreeholdArea: 138.9 Sq.mtrAge: 1976-1982	22 Feb 2008	£165,000	175.02%
	01 Aug 1997	£59,995	0.83%
	04 Apr 1997	£59,500	First Sale
40 WESTMORLAND WAYSemi-Detached, Freehold	24 Jan 2001	£47,000	First Sale

Check out the sold house prices near the DL5 4LP postcode. Properties currently for saleProperties currently for rent

WESTMORLAND WAY, DL5 4LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DL5 4LP 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 DL5 4LP postcode.

Terraced
- The average price is around £65,000 median price is £63,500 Standard Deviation is £29,058 with Total Sold: 1,045
- The Last 5 Year average price is £84,537 with Total Sold: 175
- The most recent sale happened at this postcode is , 68 HEATHERBURN COURT: £49,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 57 HEATHERBURN COURT: £27,950 (Sold on 03 Feb 1995)
Detached
- The average price is around £137,130 median price is £140,000 Standard Deviation is £63,186 with Total Sold: 283
- The Last 5 Year average price is £187,466 with Total Sold: 45
- The most recent sale happened at this postcode is , KINGDOM HALL OF JEHOVAHS WITNESSES ALINGTON ROAD: £140,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 31 NEWBURN COURT: £75,950 (Sold on 10 Mar 1995)
Semi-Detached
- The average price is around £83,183 median price is £75,000 Standard Deviation is £41,511 with Total Sold: 390
- The Last 5 Year average price is £122,416 with Total Sold: 47
- The most recent sale happened at this postcode is , 7 DENT WALK: £78,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 56 HEATHERBURN COURT: £27,500 (Sold on 20 Jan 1995)
Other
- The average price is around £378,589 median price is £112,750 Standard Deviation is £684,503 with Total Sold: 18
- The Last 5 Year average price is £216,440 with Total Sold: 5
- The most recent sale happened at this postcode is FIRST FLOOR, AVENUE HOUSE GREENWELL ROAD: £395,000 (Sold on 12 Jun 2023)
- The first recorded sale happened at this postcode is , POLICE STATION CENTRAL AVENUE: £600,000 (Sold on 05 May 2015)
Flat
- The average price is around £42,696 median price is £44,750 Standard Deviation is £16,460 with Total Sold: 48
- The Last 5 Year average price is £60,200 with Total Sold: 5
- The most recent sale happened at this postcode is , 51 LYON WALK: £60,000 (Sold on 26 Oct 2022)
- The first recorded sale happened at this postcode is , 47 LYON WALK: £34,000 (Sold on 14 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£72,964	£897	14
2023	£90,345	£1,088	41
2022	£89,338	£1,125	38
2021	£86,474	£1,028	42
2020	£76,040	£985	40
2019	£75,507	£925	46
2018	£71,965	£837	32
2017	£76,123	£981	39
2016	£75,728	£886	39
2015	£72,550	£885	38
2014	£69,682	£815	30
2013	£70,854	£861	12
2012	£71,225	£885	24
2011	£81,036	£938	14
2010	£78,873	£1,021	11
2009	£90,625	£969	16
2008	£81,838	£1,043	28
2007	£86,376	£1,030	64
2006	£77,484	£962	57
2005	£74,117	£925	38
2004	£60,940	£754	60
2003	£46,061	£550	60
2002	£37,514	£475	47
2001	£35,910	£404	38
2000	£35,060	£423	41
1999	£33,335	£454	36
1998	£32,343	£377	34
1997	£37,400	£466	26
1996	£31,897	£422	17
1995	£31,350	£416	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,286	£2,702	7
2023	£174,438	£1,867	8
2022	£230,244	£2,458	8
2021	£167,889	£1,998	9
2020	£191,962	£1,704	13
2019	£170,100	£1,527	9
2018	£180,455	£1,897	11
2017	£186,571	£1,554	7
2016	£134,875	£1,638	4
2015	£161,386	£1,605	11
2014	£161,938	£1,554	12
2013	£165,033	£1,543	6
2012	£147,667	£1,419	3
2011	£158,583	£1,521	6
2010	£153,214	£1,419	7
2009	£163,778	£1,453	17
2008	£214,374	£1,718	4
2007	£185,019	£1,948	18
2006	£168,448	£1,353	11
2005	£145,917	£1,167	6
2004	£117,369	£1,226	8
2003	£113,433	£1,157	9
2002	£81,058	£902	17
2001	£73,864	£643	16
2000	£74,500	£413	5
1999	£63,345	£630	11
1998	£60,103	£469	15
1997	£74,211	£806	9
1996	£53,666	£658	6
1995	£65,375	£554	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,042	£1,594	6
2023	£119,814	£1,506	14
2022	£131,000	£1,541	8
2021	£107,690	£1,276	10
2020	£116,778	£1,318	9
2019	£112,205	£1,108	11
2018	£96,070	£1,281	15
2017	£98,593	£1,075	15
2016	£92,396	£1,088	12
2015	£96,182	£1,078	11
2014	£78,961	£858	11
2013	£73,833	£899	3
2012	£89,667	£958	6
2011	£100,458	£1,022	12
2010	£107,167	£1,405	9
2009	£102,500	£989	2
2008	£119,493	£994	7
2007	£110,260	£1,144	21
2006	£100,647	£1,114	28
2005	£97,221	£1,031	24
2004	£70,766	£907	19
2003	£59,456	£747	35
2002	£54,333	£743	30
2001	£41,850	£464	12
2000	£46,944	£395	10
1999	£36,910	£362	5
1998	£36,537	£424	12
1997	£47,900	£444	10
1996	£40,223	£468	11
1995	£40,746	£436	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£395,000		1
2022	£112,750		2
2021	£230,850	£5,542	2
2018	£125,208	£427	6
2017	£12,050	£103	3
2016	£45,000	£164	1
2015	£1,633,333		3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£64,000	£1,104	3
2021	£51,000	£895	1
2020	£58,000	£1,018	1
2019	£33,000	£574	2
2018	£57,000	£1,149	1
2017	£55,150	£817	3
2013	£53,500	£858	3
2012	£50,000	£907	1
2011	£42,667	£737	3
2010	£48,000	£842	1
2009	£55,000	£1,037	2
2008	£51,800	£925	2
2007	£80,000	£851	1
2006	£67,000	£1,220	2
2005	£57,975	£1,468	2
2003	£30,675	£579	4
2002	£22,750	£506	4
2001	£25,000	£454	1
1999	£26,167	£459	3
1997	£26,066	£556	2
1996	£26,150	£450	4
1995	£28,000	£580	2

House Type in DL5 4LP area

The most common house types in the DL5 4LP postcode area are Terraced (66), Semi-detached (35), and Detached (19).

Total	120
Terraced	66
Semi-detached	35
Detached	19
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright	53
Owned: Owns with a mortgage or loan	31
Social rented: Rents from council or Local Authority	15
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	8
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the DL5 4LP have 1 person in household (49), and 2 people in household (30).

1 person in household	49
2 people in household	30
3 people in household	20
4 people in household	17
5 people in household	2
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0