Housing Market Analysis for NEW DRIVE, SR7 7BX

Are you looking to understand SR7 7BX 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 SR7 7BX area, explore the SR7 7BX Area information page.
For comprehensive crime statistics in the SR7 7BX area, explore the SR7 7BX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR7 7BX postcode area, The average prices are as follows,

  • Detached
    • The average price is around £210,000 median price is £210,000 Standard Deviation is £65,000 with Total Sold: 2
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WELFARE COTTAGE NEW DRIVE: £275,000 (Sold on 29 Mar 2022)
    • The first recorded sale happened at this postcode is WELFARE COTTAGE NEW DRIVE: £145,000 (Sold on 15 Apr 2005)
  • Semi-Detached
    • The average price is around £99,738 median price is £100,975 Standard Deviation is £26,387 with Total Sold: 4
    • The Last 5 Year average price is £126,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 23 NEW DRIVE: £127,000 (Sold on 27 Oct 2021)
    • The first recorded sale happened at this postcode is 23 NEW DRIVE: £125,000 (Sold on 20 Dec 2023)
  • Terraced
    • The average price is around £24,000 median price is £24,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 NEW DRIVE: £24,000 (Sold on 03 Oct 1995)
    • The first recorded sale happened at this postcode is 15 NEW DRIVE: £24,000 (Sold on 03 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SR7 7BX 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£275,0001
2005£145,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£127,000 £1,954 1
2012£76,950 £1,184 1
2006£70,0001
2023£125,000 £1,923 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£24,0001

All the Sales in the NEW DRIVE, SR7 7BX

See the table below for more details on the sold house prices in the SR7 7BX, County Durham postcode.

AddressSold DatePrice% Change
WELFARE COTTAGE NEW DRIVEDetached, Freehold29 Mar 2022£275,00089.66%
15 Apr 2005£145,000First Sale
23 NEW DRIVESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1950-196627 Oct 2021£127,00065.04%
20 Jul 2012£76,950-38.44%
20 Dec 2023£125,000First Sale
11 NEW DRIVESemi-Detached, Freehold27 Jun 2006£70,000First Sale
15 NEW DRIVETerraced, Freehold03 Oct 1995£24,000First Sale

Check out the sold house prices near the SR7 7BX postcode. Properties currently for saleProperties currently for rent

NEW DRIVE, SR7 7BX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR7 7BX 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 SR7 7BX postcode.

  • Detached
    • The average price is around £193,325 median price is £175,000 Standard Deviation is £97,904 with Total Sold: 599
    • The Last 5 Year average price is £293,005 with Total Sold: 94
    • The most recent sale happened at this postcode is , 50 STONEYCROFT WAY: £199,950 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 26 CHEVIOT GARDENS: £56,950 (Sold on 25 Apr 1995)
  • Terraced
    • The average price is around £85,833 median price is £83,000 Standard Deviation is £45,395 with Total Sold: 981
    • The Last 5 Year average price is £121,544 with Total Sold: 174
    • The most recent sale happened at this postcode is , 33 RANKSBOROUGH STREET: £94,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 33 NELSON STREET: £29,950 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £112,581 median price is £116,995 Standard Deviation is £48,076 with Total Sold: 837
    • The Last 5 Year average price is £154,774 with Total Sold: 115
    • The most recent sale happened at this postcode is , 4 HAMBLETON DRIVE: £110,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 11 HAMBLETON DRIVE: £53,950 (Sold on 02 Feb 1995)
  • Other
    • The average price is around £199,279 median price is £115,000 Standard Deviation is £288,837 with Total Sold: 17
    • The Last 5 Year average price is £252,812 with Total Sold: 12
    • The most recent sale happened at this postcode is , M & K SERVICES GEORGE STREET INDUSTRIAL ESTATE: £165,500 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 22 DENE WAY: £21,000 (Sold on 19 Aug 2016)
  • Flat
    • The average price is around £53,346 median price is £57,000 Standard Deviation is £21,459 with Total Sold: 69
    • The Last 5 Year average price is £60,442 with Total Sold: 13
    • The most recent sale happened at this postcode is , 70 STATION ROAD: £62,500 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is , 20 CLARA STREET: £11,155 (Sold on 09 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,707 £2,667 7
2023£252,409 £2,633 17
2022£262,615 £2,579 17
2021£338,148 £2,186 22
2020£270,841 £2,199 16
2019£282,963 £2,188 15
2018£282,104 £2,244 14
2017£248,938 £1,892 17
2016£228,718 £2,083 14
2015£259,550 £2,021 18
2014£280,577 £1,869 13
2013£187,571 £1,704 19
2012£196,698 £1,879 18
2011£218,359 £1,775 11
2010£223,120 £1,891 20
2009£183,750 £1,899 12
2008£243,161 £1,938 9
2007£204,575 £1,776 67
2006£195,488 £1,805 82
2005£147,681 £1,317 30
2004£146,933 £1,568 40
2003£124,125 £1,229 14
2002£128,405 £1,153 10
2001£74,300 £734 11
2000£78,233 £755 18
1999£78,287 £675 19
1998£61,796 £522 13
1997£84,595 £716 11
1996£69,333 £700 9
1995£66,088 £590 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£101,667 £1,288 9
2023£135,998 £1,539 28
2022£129,410 £1,569 40
2021£114,217 £1,381 42
2020£125,073 £1,456 30
2019£107,998 £1,363 25
2018£109,933 £1,426 36
2017£99,186 £1,153 36
2016£106,540 £1,231 34
2015£97,212 £1,050 28
2014£96,807 £1,179 24
2013£111,406 £1,433 24
2012£105,169 £1,242 28
2011£85,690 £1,023 26
2010£98,673 £1,005 13
2009£87,968 £1,102 17
2008£94,732 £1,202 25
2007£106,968 £1,447 66
2006£110,510 £1,423 68
2005£98,121 £1,188 39
2004£83,949 £1,019 37
2003£58,784 £675 46
2002£46,571 £575 38
2001£36,096 £471 30
2000£37,597 £425 30
1999£37,697 £420 39
1998£34,683 £419 39
1997£35,174 £401 23
1996£34,450 £408 34
1995£32,219 £370 27
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,963 £2,077 8
2023£161,445 £2,204 16
2022£150,131 £2,250 21
2021£153,050 £2,160 28
2020£142,112 £1,922 13
2019£158,709 £1,929 29
2018£131,167 £1,778 26
2017£124,550 £1,762 37
2016£145,148 £1,945 20
2015£151,418 £1,809 19
2014£126,486 £1,764 33
2013£129,697 £1,671 30
2012£125,287 £1,735 31
2011£119,550 £1,646 17
2010£124,433 £1,748 15
2009£154,633 £1,704 15
2008£133,828 £1,700 15
2007£132,649 £1,843 86
2006£120,168 £1,779 77
2005£123,156 £1,636 49
2004£98,997 £1,418 50
2003£81,780 £1,153 33
2002£54,322 £759 23
2001£51,218 £768 14
2000£52,491 £543 29
1999£52,522 £576 15
1998£44,098 £550 30
1997£40,071 £490 17
1996£44,169 £485 26
1995£45,650 £513 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,5001
2023£187,5002
2022£103,083 £569 3
2021£171,333 £775 3
2019£556,667 £2,616 3
2018£53,0001
2017£93,333 £1,855 3
2016£21,000 £244 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£55,500 £1,117 3
2022£65,625 £1,352 2
2021£61,750 £1,014 6
2020£58,750 £1,130 2
2017£62,828 £1,155 9
2016£66,750 £1,294 4
2015£64,000 £727 1
2014£47,691 £1,018 3
2013£98,500 £752 1
2012£66,112 £1,240 11
2010£37,000 £293 1
2009£59,500 £916 2
2008£61,750 £972 2
2007£61,5002
2006£68,250 £1,083 2
2005£52,000 £761 3
2003£31,000 £574 1
2002£25,983 £357 3
2001£22,000 £403 1
2000£23,125 £297 2
1999£15,000 £188 2
1998£28,750 £261 2
1997£19,000 £268 1
1995£17,051 £189 3

House Type in SR7 7BX area

The most common house types in the SR7 7BX postcode area are Semi-detached (62), Flat (49), and Detached (26).

Total161
Semi-detached62
Flat49
Detached26
Terraced19
Shared house5
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 (50), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan50
Owned: Owns outright39
Social rented: Rents from council or Local Authority36
Social rented: Other social rented20
Private rented: Private landlord or letting agency13
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SR7 7BX have 1 person in household (69), and 2 people in household (57).

1 person in household69
2 people in household57
3 people in household21
4 people in household12
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0