Housing Market Analysis for MILLENNIUM WAY, DL5 6AR

Are you looking to understand DL5 6AR 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 6AR area, explore the DL5 6AR Area information page.
For comprehensive crime statistics in the DL5 6AR area, explore the DL5 6AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the DL5 6AR postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,153,333 median price is £1,200,000 Standard Deviation is £263,354 with Total Sold: 3
    • The Last 5 Year average price is £1,450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SOVEREIGN HOUSE, UNIT 1, PARK 2000 MILLENNIUM WAY: £1,450,000 (Sold on 14 Oct 2021)
    • The first recorded sale happened at this postcode is UNIT 6, PARK 2000 MILLENNIUM WAY: £810,000 (Sold on 26 Oct 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average DL5 6AR 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
2021£1,450,0001
2018£1,200,0001
2016£810,0001

All the Sales in the MILLENNIUM WAY, DL5 6AR

See the table below for more details on the sold house prices in the DL5 6AR, County Durham postcode.

AddressSold DatePrice% Change
SOVEREIGN HOUSE, UNIT 1, PARK 2000 MILLENNIUM WAYOther, Freehold14 Oct 2021£1,450,00020.83%
14 Sep 2018£1,200,000First Sale
UNIT 6, PARK 2000 MILLENNIUM WAYOther, Freehold26 Oct 2016£810,000First Sale

Check out the sold house prices near the DL5 6AR postcode. Properties currently for saleProperties currently for rent

MILLENNIUM WAY, DL5 6AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the DL5 6AR 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 6AR postcode.

  • Semi-Detached
    • The average price is around £113,211 median price is £130,000 Standard Deviation is £46,883 with Total Sold: 9
    • The Last 5 Year average price is £123,500 with Total Sold: 3
    • The most recent sale happened at this postcode is , 17 BICKFORD TERRACE: £190,000 (Sold on 12 Aug 2022)
    • The first recorded sale happened at this postcode is , 11 BICKFORD TERRACE: £67,500 (Sold on 23 Jul 1999)
  • Other
    • The average price is around £880,000 median price is £810,000 Standard Deviation is £447,661 with Total Sold: 7
    • The Last 5 Year average price is £766,667 with Total Sold: 3
    • The most recent sale happened at this postcode is SOVEREIGN HOUSE, UNIT 1, PARK 2000 MILLENNIUM WAY: £1,450,000 (Sold on 14 Oct 2021)
    • The first recorded sale happened at this postcode is , TYNE TEES PACKAGING LTD GRINDON WAY: £400,000 (Sold on 02 Jul 2014)
  • Terraced
    • The average price is around £131,000 median price is £123,500 Standard Deviation is £75,117 with Total Sold: 8
    • The Last 5 Year average price is £243,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 19 BICKFORD TERRACE: £236,000 (Sold on 20 Feb 2020)
    • The first recorded sale happened at this postcode is , 19 BICKFORD TERRACE: £53,000 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£190,000 £2,021 1
2019£90,250 £627 2
2017£145,000 £1,790 1
2012£140,000 £1,489 1
2005£130,000 £760 1
2004£120,4001
1999£56,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,450,0001
2020£450,0001
2019£400,0001
2018£1,200,0001
2017£1,450,0001
2016£810,0001
2014£400,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£236,000 £1,573 1
2019£250,000 £1,667 1
2006£160,0001
2005£130,0001
2003£117,000 £780 1
2001£55,0001
1995£50,000 £456 2

House Type in DL5 6AR area

The most common house types in the DL5 6AR postcode area are Terraced (57), Detached (48), and Semi-detached (41).

Total149
Terraced57
Detached48
Semi-detached41
temporary structure2
Shared house1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright70
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency19
Social rented: Other social rented11
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the DL5 6AR have 2 people in household (61), and 1 person in household (47).

2 people in household61
1 person in household47
3 people in household23
4 people in household17
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0