Housing Market Analysis for MERLIN CLOSE, SR7 7XH

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

Overview of Sold House prices

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

Detached
- The average price is around £161,075 median price is £152,500 Standard Deviation is £76,776 with Total Sold: 24
- The Last 5 Year average price is £334,975 with Total Sold: 2
- The most recent sale happened at this postcode is 18 MERLIN CLOSE: £370,000 (Sold on 16 Sep 2022)
- The first recorded sale happened at this postcode is 2 MERLIN CLOSE: £85,000 (Sold on 02 May 1995)
Semi-Detached
- The average price is around £84,500 median price is £75,000 Standard Deviation is £37,695 with Total Sold: 7
- The most recent sale happened at this postcode is 20 MERLIN CLOSE: £126,000 (Sold on 05 Mar 2012)
- The first recorded sale happened at this postcode is 22 MERLIN CLOSE: £49,500 (Sold on 19 Aug 1996)
Terraced
- The average price is around £105,000 median price is £105,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 12 MERLIN CLOSE: £105,000 (Sold on 05 Dec 2003)
- The first recorded sale happened at this postcode is 12 MERLIN CLOSE: £105,000 (Sold on 05 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average SR7 7XH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£334,975	£2,858	2
2019	£227,000	£3,783	1
2017	£227,500	£2,022	1
2011	£186,500	£1,658	1
2009	£156,667	£2,182	3
2008	£195,000		1
2006	£205,000		1
2005	£210,000		1
2004	£218,700	£1,702	2
2003	£142,500	£1,462	2
2001	£96,225	£673	2
1999	£84,500	£933	2
1997	£78,250		2
1996	£74,000	£961	1
1995	£80,250		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£140,000	£2,039	2
2002	£69,000	£848	2
2000	£49,000		1
1996	£62,250		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£105,000	£1,667	1

All the Sales in the MERLIN CLOSE, SR7 7XH

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

Address	Sold Date	Price	% Change
18 MERLIN CLOSEDetached, FreeholdArea: 141 Sq.mtrAge: 1991-1995	16 Sep 2022	£370,000	54.20%
	17 Aug 2004	£239,950	152.71%
	27 Apr 2001	£94,950	First Sale
25 MERLIN CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	15 Sep 2022	£299,950	First Sale
4 MERLIN CLOSEDetached, FreeholdArea: 60 Sq.mtrAge: 1991-1995	20 Aug 2019	£227,000	62.14%
	27 Nov 2009	£140,000	First Sale
19 MERLIN CLOSEDetached, FreeholdArea: 112.5 Sq.mtrAge: 1983-1990	20 Jun 2017	£227,500	21.98%
	25 Feb 2011	£186,500	First Sale
20 MERLIN CLOSESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1983-1990	05 Mar 2012	£126,000	125.00%
	07 May 2002	£56,000	First Sale
29 MERLIN CLOSESemi-Detached, FreeholdArea: 74.14 Sq.mtrAge: 1983-1990	03 Feb 2012	£154,000	First Sale
23 MERLIN CLOSEDetached, FreeholdArea: 107.4 Sq.mtrAge: 1991-1995	21 Dec 2009	£175,000	29.63%
	31 Oct 2003	£135,000	First Sale
7 MERLIN CLOSEDetached, FreeholdArea: 60 Sq.mtrAge: 1950-1966	18 Dec 2009	£155,000	First Sale
24 MERLIN CLOSEDetached, Freehold	15 Aug 2008	£195,000	First Sale
9 MERLIN CLOSEDetached, Freehold	24 Nov 2006	£205,000	3.82%
	09 Jul 2004	£197,450	102.51%
	22 Jun 2001	£97,500	First Sale
4A MERLIN CLOSEDetached, Freehold	21 Nov 2005	£210,000	First Sale
12 MERLIN CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1983-1990	05 Dec 2003	£105,000	First Sale
26 MERLIN CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1996-2002	28 Aug 2003	£150,000	78.57%
	06 Aug 1999	£84,000	First Sale
5 MERLIN CLOSESemi-Detached, Freehold	24 May 2002	£82,000	First Sale
17 MERLIN CLOSESemi-Detached, Freehold	25 Feb 2000	£49,000	First Sale
16 MERLIN CLOSEDetached, Freehold	14 May 1999	£85,000	First Sale
21 MERLIN CLOSEDetached, Freehold	22 Aug 1997	£72,000	First Sale
1 MERLIN CLOSEDetached, Freehold	25 Apr 1997	£84,500	11.92%
1 MERLIN CLOSEDetached, Freehold	22 Aug 1995	£75,500	First Sale
14 MERLIN CLOSEDetached, FreeholdArea: 77 Sq.mtrAge: 1983-1990	30 Sep 1996	£74,000	First Sale
10 MERLIN CLOSESemi-Detached, Freehold	20 Sep 1996	£75,000	First Sale
22 MERLIN CLOSESemi-Detached, Freehold	19 Aug 1996	£49,500	First Sale
2 MERLIN CLOSEDetached, Freehold	02 May 1995	£85,000	First Sale

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

MERLIN CLOSE, SR7 7XH Near By properties

Interactive Map

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

Terraced
- The average price is around £110,491 median price is £110,500 Standard Deviation is £58,378 with Total Sold: 448
- The Last 5 Year average price is £154,286 with Total Sold: 62
- The most recent sale happened at this postcode is , 45 TINTAGEL DRIVE: £109,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 25 CORNELIA TERRACE: £47,500 (Sold on 05 May 1995)
Detached
- The average price is around £209,591 median price is £195,000 Standard Deviation is £80,106 with Total Sold: 983
- The Last 5 Year average price is £308,735 with Total Sold: 104
- The most recent sale happened at this postcode is , 6 CAISTER CLOSE: £332,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 2 MERLIN CLOSE: £85,000 (Sold on 02 May 1995)
Flat
- The average price is around £92,757 median price is £99,000 Standard Deviation is £36,105 with Total Sold: 118
- The Last 5 Year average price is £114,398 with Total Sold: 20
- The most recent sale happened at this postcode is , 41 MAPPLETON DRIVE: £125,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 5A VANE TERRACE: £15,950 (Sold on 20 Sep 1996)
Semi-Detached
- The average price is around £125,814 median price is £126,000 Standard Deviation is £49,957 with Total Sold: 754
- The Last 5 Year average price is £172,683 with Total Sold: 85
- The most recent sale happened at this postcode is , 25 STONEYCROFT WAY: £210,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 19 TINTAGEL DRIVE: £43,950 (Sold on 10 Mar 1995)
Other
- The average price is around £1,165,559 median price is £159,000 Standard Deviation is £2,478,391 with Total Sold: 19
- The Last 5 Year average price is £1,996,462 with Total Sold: 10
- The most recent sale happened at this postcode is , 12 STATION ROAD: £285,000 (Sold on 17 Jul 2023)
- The first recorded sale happened at this postcode is , ALDI FOODSTORE LTD NORTH RAILWAY STREET: £250,000 (Sold on 02 Oct 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£139,699	£2,165	7
2023	£184,450	£2,230	11
2022	£153,856	£1,771	17
2021	£134,402	£1,761	13
2020	£156,868	£1,866	14
2019	£129,873	£1,427	15
2018	£129,903	£1,677	16
2017	£157,196	£1,527	14
2016	£142,935	£1,403	24
2015	£122,675	£1,136	16
2014	£109,792	£1,590	10
2013	£126,905	£1,626	21
2012	£122,366	£1,465	16
2011	£103,714	£1,413	7
2010	£91,151	£1,127	9
2009	£94,571	£1,124	7
2008	£112,002	£1,440	15
2007	£120,538	£1,624	45
2006	£115,141	£1,452	42
2005	£111,578	£1,183	18
2004	£102,997	£1,114	22
2003	£75,413	£784	15
2002	£45,407	£637	14
2001	£35,580	£602	11
2000	£55,300	£369	8
1999	£31,512	£382	8
1998	£38,540	£449	10
1997	£45,133	£448	6
1996	£44,681	£374	8
1995	£33,744	£348	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£363,405	£2,723	11
2023	£284,163	£2,801	15
2022	£305,974	£2,709	21
2021	£317,424	£2,394	37
2020	£283,918	£2,399	20
2019	£288,491	£2,331	23
2018	£285,227	£2,287	24
2017	£266,765	£2,130	30
2016	£235,596	£2,200	25
2015	£230,604	£2,083	28
2014	£254,635	£1,919	26
2013	£201,707	£1,836	40
2012	£200,711	£1,910	24
2011	£223,778	£1,872	16
2010	£216,267	£1,850	35
2009	£200,857	£1,954	14
2008	£240,037	£1,871	19
2007	£214,433	£1,828	106
2006	£204,590	£1,841	114
2005	£199,502	£1,737	116
2004	£169,635	£1,578	116
2003	£144,921	£1,386	47
2002	£142,158	£1,238	6
2001	£75,873	£614	11
2000	£84,956	£755	17
1999	£79,667	£741	12
1998	£71,400	£367	5
1997	£93,625	£666	8
1996	£69,333	£698	9
1995	£69,812	£517	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£125,000		1
2023	£190,000	£2,052	3
2022	£113,390	£1,955	5
2021	£90,571	£1,744	7
2020	£98,000	£1,821	4
2019	£106,000	£1,609	1
2018	£103,167	£2,065	6
2017	£83,306	£1,447	8
2016	£82,857	£1,627	7
2015	£96,625	£1,377	4
2014	£110,000	£1,703	2
2013	£93,125	£1,503	4
2012	£74,723	£1,392	10
2011	£105,000	£1,667	1
2010	£76,875	£1,698	2
2009	£96,600	£1,763	15
2008	£119,693	£2,057	22
2007	£59,500	£1,113	4
2006	£69,000	£1,278	1
2005	£55,500	£825	2
2004	£30,500		2
2003	£31,000	£574	1
2001	£22,000	£403	1
2000	£20,083	£297	3
1999	£10,500	£94	1
1996	£15,950		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,770	£2,077	10
2023	£181,562	£2,387	14
2022	£167,276	£2,395	19
2021	£176,131	£2,206	29
2020	£149,419	£1,979	13
2019	£166,981	£2,007	27
2018	£138,084	£1,894	22
2017	£132,407	£1,869	34
2016	£155,352	£1,940	24
2015	£154,497	£1,853	18
2014	£132,814	£1,808	32
2013	£134,941	£1,700	27
2012	£132,040	£1,837	30
2011	£119,550	£1,646	17
2010	£133,042	£1,892	12
2009	£166,676	£1,708	17
2008	£148,296	£1,739	19
2007	£138,018	£1,916	85
2006	£121,007	£1,782	73
2005	£125,566	£1,645	48
2004	£107,900	£1,459	51
2003	£93,100	£1,179	29
2002	£59,762	£859	12
2001	£59,612	£834	12
2000	£58,541	£588	19
1999	£70,490	£594	11
1998	£51,892	£492	16
1997	£42,369	£493	8
1996	£47,334	£470	19
1995	£44,271	£516	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£285,000		1
2022	£736,873		3
2021	£296,333	£2,535	3
2020	£5,526,667	£95,028	3
2019	£410,500	£1,551	4
2018	£53,000		1
2017	£115,000	£1,855	1
2016	£60,500	£244	2
2013	£250,000		1

House Type in SR7 7XH area

The most common house types in the SR7 7XH postcode area are Semi-detached (67), Detached (55), and Terraced (18).

Total	140
Semi-detached	67
Detached	55
Terraced	18
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 (78), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright	78
Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SR7 7XH have 2 people in household (64), and 1 person in household (31).

2 people in household	64
1 person in household	31
3 people in household	27
4 people in household	17
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0