Housing Market Analysis for MERZ ROAD, DL5 5LR

Are you looking to understand DL5 5LR 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 5LR area, explore the DL5 5LR Area information page.
For comprehensive crime statistics in the DL5 5LR area, explore the DL5 5LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DL5 5LR postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £75,722 median price is £73,000 Standard Deviation is £25,026 with Total Sold: 9
    • The Last 5 Year average price is £130,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 MERZ ROAD: £130,000 (Sold on 31 Mar 2022)
    • The first recorded sale happened at this postcode is 16 MERZ ROAD: £26,500 (Sold on 12 Jun 2001)
  • Semi-Detached
    • The average price is around £56,250 median price is £52,750 Standard Deviation is £27,826 with Total Sold: 4
    • The most recent sale happened at this postcode is 26 MERZ ROAD: £74,000 (Sold on 25 May 2012)
    • The first recorded sale happened at this postcode is 22 MERZ ROAD: £31,500 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average DL5 5LR 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£130,000 £1,970 1
2017£79,000 £968 1
2013£71,500 £1,036 2
2012£70,000 £858 1
2010£70,000 £833 1
2007£88,000 £1,257 1
2005£75,000 £1,071 1
2001£26,500 £379 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£74,000 £871 1
2006£92,500 £1,341 1
1997£27,0001
1995£31,500 £457 1

All the Sales in the MERZ ROAD, DL5 5LR

See the table below for more details on the sold house prices in the DL5 5LR, County Durham postcode.

AddressSold DatePrice% Change
28 MERZ ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1930-194931 Mar 2022£130,000First Sale
24 MERZ ROADTerraced, FreeholdArea: 81.59 Sq.mtrAge: 1950-196624 Feb 2017£79,00012.86%
09 Mar 2012£70,000First Sale
22 MERZ ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1950-196606 Dec 2013£70,000-4.11%
06 Dec 2013£73,000-21.08%
23 Oct 2006£92,500193.65%
15 Sep 1995£31,500First Sale
26 MERZ ROADSemi-Detached, FreeholdArea: 84.94 Sq.mtrAge: 1950-196625 May 2012£74,000First Sale
30 MERZ ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1930-194910 Dec 2010£70,000First Sale
16 MERZ ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1950-196627 Jul 2007£88,00017.33%
25 Feb 2005£75,000183.02%
12 Jun 2001£26,500First Sale
12 MERZ ROADSemi-Detached, Freehold14 Feb 1997£27,000First Sale

Check out the sold house prices near the DL5 5LR postcode. Properties currently for saleProperties currently for rent

MERZ ROAD, DL5 5LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DL5 5LR 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 5LR postcode.

  • Terraced
    • The average price is around £72,852 median price is £75,000 Standard Deviation is £28,297 with Total Sold: 813
    • The Last 5 Year average price is £93,517 with Total Sold: 180
    • The most recent sale happened at this postcode is , 4 EMERSON WAY: £92,500 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 23 MOULE CLOSE: £18,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £77,816 median price is £75,000 Standard Deviation is £37,472 with Total Sold: 344
    • The Last 5 Year average price is £109,149 with Total Sold: 51
    • The most recent sale happened at this postcode is , 10 WATSON ROAD: £188,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 12 CRAWFORD ROAD: £32,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £42,302 median price is £37,490 Standard Deviation is £14,416 with Total Sold: 74
    • The Last 5 Year average price is £51,050 with Total Sold: 10
    • The most recent sale happened at this postcode is , 27 BEDE CRESCENT: £65,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , 4 GREGORY COURT: £32,990 (Sold on 07 Jul 1995)
  • Other
    • The average price is around £1,612,484 median price is £410,000 Standard Deviation is £3,128,820 with Total Sold: 15
    • The Last 5 Year average price is £2,630,295 with Total Sold: 5
    • The most recent sale happened at this postcode is , UNIT 34 NORTHFIELD WAY: £460,000 (Sold on 18 May 2023)
    • The first recorded sale happened at this postcode is , BRIDGE GARAGE HORNDALE AVENUE: £600,000 (Sold on 17 Feb 2014)
  • Detached
    • The average price is around £94,768 median price is £80,000 Standard Deviation is £52,127 with Total Sold: 27
    • The Last 5 Year average price is £129,082 with Total Sold: 6
    • The most recent sale happened at this postcode is , 15 CHURCH CLOSE: £187,500 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is , 2 CASTLEREAGH CLOSE: £35,500 (Sold on 22 May 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£103,833 £1,069 12
2023£99,463 £1,173 28
2022£100,122 £1,288 39
2021£94,802 £1,105 44
2020£82,333 £1,033 29
2019£83,516 £975 28
2018£79,095 £938 29
2017£75,724 £955 32
2016£86,310 £992 30
2015£83,831 £970 27
2014£79,432 £984 34
2013£80,366 £952 19
2012£76,079 £950 24
2011£87,000 £1,101 12
2010£80,389 £1,049 19
2009£77,053 £936 19
2008£82,958 £1,133 19
2007£92,378 £1,125 44
2006£86,546 £1,029 40
2005£81,921 £987 32
2004£70,962 £876 39
2003£52,592 £641 33
2002£43,704 £534 33
2001£35,634 £439 37
2000£35,015 £436 23
1999£31,304 £388 13
1998£35,081 £404 21
1997£36,047 £451 19
1996£32,487 £409 19
1995£31,133 £361 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,0002
2023£117,393 £1,271 14
2022£120,714 £1,313 7
2021£96,793 £1,068 14
2020£101,000 £1,100 6
2019£99,875 £1,099 8
2018£93,050 £1,069 10
2017£95,417 £1,118 15
2016£111,667 £1,243 6
2015£115,786 £1,212 7
2014£103,000 £1,143 6
2013£86,200 £1,003 5
2012£83,000 £918 5
2011£101,000 £1,090 4
2010£100,595 £1,095 10
2009£85,295 £990 10
2008£99,584 £889 10
2007£104,783 £1,140 21
2006£103,563 £1,214 17
2005£87,646 £1,048 18
2004£84,590 £1,016 16
2003£61,110 £776 14
2002£48,347 £564 18
2001£41,629 £475 14
2000£45,616 £496 8
1999£41,566 £489 13
1998£39,227 £435 11
1997£39,574 £509 23
1996£38,143 £444 14
1995£36,411 £429 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£59,000 £844 2
2022£57,500 £1,166 2
2021£51,000 £895 1
2020£58,750 £922 2
2019£36,333 £581 3
2017£48,317 £791 3
2016£47,000 £648 1
2015£58,000 £800 1
2013£50,500 £836 3
2012£53,000 £1,034 3
2011£42,667 £737 3
2010£48,000 £842 1
2009£55,000 £965 1
2008£59,867 £989 3
2007£70,998 £1,852 3
2006£71,500 £1,833 1
2005£59,000 £1,379 1
2004£45,818 £890 5
2003£31,338 £743 4
2002£30,488 £485 4
2001£24,333 £576 3
2000£31,000 £939 1
1999£27,900 £527 5
1998£32,000 £427 1
1997£21,750 £447 2
1996£33,137 £765 7
1995£34,741 £712 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£460,0001
2021£63,000 £869 1
2019£4,209,492 £31 3
2018£1,705,2505
2016£54,8002
2015£899,9702
2014£600,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£187,500 £1,630 1
2020£125,498 £1,226 4
2019£85,000 £850 1
2017£150,000 £1,415 1
2016£79,000 £881 2
2009£142,667 £1,090 3
2007£124,000 £1,319 1
2006£145,000 £1,375 2
2004£94,750 £785 1
2003£48,750 £580 1
2001£62,000 £518 2
2000£67,500 £413 1
1999£49,083 £410 3
1998£38,000 £444 4

House Type in DL5 5LR area

The most common house types in the DL5 5LR postcode area are Terraced (83), Semi-detached (38), and Detached (4).

Total125
Terraced83
Semi-detached38
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 Owned: Owns with a mortgage or loan (31), and Owned: Owns outright (28).

Owned: Owns with a mortgage or loan31
Owned: Owns outright28
Social rented: Rents from council or Local Authority23
Private rented: Private landlord or letting agency20
Social rented: Other social rented19
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 DL5 5LR have 1 person in household (70), and 2 people in household (37).

1 person in household70
2 people in household37
3 people in household11
4 people in household6
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0