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House Prices in DH2

The average house price in DH2 (Chester Le Street) is £171,081 using HM Land Registry data.

The average property price increased by £42,070 (4.95%) over the last 5 years and increased by £8,430 (0.87%) over the last 12 months.

Over the last year, there were 296 residential property sales – a decrease of 131 transactions (-44.26%) relative to the previous year. The majority of house sales (68) were in the £110,000 - £150,000 range. Then came properties in the £150,000 - £190,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 203 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,735 (-2%).

In March 2025, there were 64 new estate agency instructions, 48 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in DH2 (Chester Le Street)

4.95%

Property prices in DH2 (Chester Le Street) increased by 4.95% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DH2 (Chester Le Street) Over the Last Year

0.87%

Property prices in DH2 (Chester Le Street) increased by 0.87% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for DH2 (Chester Le Street) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DH2 (Chester Le Street)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DH2 (Chester Le Street)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DH2 (Chester Le Street)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DH2 (Chester Le Street) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DH2 postcode area since 1995.

Recent Sales in DH2 (Chester Le Street)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Aspen Drive, High Hold, Chester Le Street, County Durham, DH2 1FL	£350,000	£65,000	-£285,000	29 Jun 2023	14 Feb 2025	596 Days
12 Wansbeck Close, Pelton, Chester Le Street, County Durham, DH2 1ER	£160,000	£155,000	-£5,000	23 Sep 2024	13 Feb 2025	143 Days
19 Glenroy Gardens, Chester Le Street, County Durham, DH2 2JH	£105,000	£95,000	-£10,000	08 May 2024	31 Jan 2025	268 Days
6 Prendwick Close, Chester Le Street, County Durham, DH2 3TX	£300,000	£300,000	£0	01 Aug 2024	31 Jan 2025	183 Days
7 Melbeck Drive, Ouston, Chester Le Street, County Durham, DH2 1TL	£123,000	£120,000	-£3,000	20 Aug 2024	31 Jan 2025	164 Days
16 Bowmont Walk, Chester Le Street, County Durham, DH2 3JB	£159,950	£155,000	-£4,950	16 Oct 2024	31 Jan 2025	107 Days
14 Carrowmore Road, Chester Le Street, County Durham, DH2 3DY	£265,000	£258,000	-£7,000	26 Jul 2024	31 Jan 2025	189 Days
9 Elmwood, Chester Le Street, County Durham, DH2 2XB	£190,000	£185,000	-£5,000	08 Oct 2024	31 Jan 2025	115 Days
47 Bowmont Walk, Chester Le Street, County Durham, DH2 3JA	£88,000	£88,000	£0	23 May 2024	27 Jan 2025	249 Days
23 Carlton Close, Ouston, Chester Le Street, County Durham, DH2 1UA	£148,000	£148,000	£0	03 Oct 2024	27 Jan 2025	116 Days
20 Rosecroft, Pelton, Chester Le Street, County Durham, DH2 1NL	£269,950	£265,000	-£4,950	21 Aug 2024	27 Jan 2025	159 Days
159 Wynyard, Chester Le Street, County Durham, DH2 2TJ	£120,000	£115,000	-£5,000	06 Aug 2024	24 Jan 2025	171 Days
77 Queen Street, Grange Villa, Chester Le Street, County Durham, DH2 3LU	£79,950	£79,950	£0	21 Oct 2024	22 Jan 2025	93 Days
38 Coldstream, Ouston, Chester Le Street, County Durham, DH2 1LH	£190,000	£190,000	£0	22 Aug 2024	17 Jan 2025	148 Days
11 Myrtles, Chester Le Street, County Durham, DH2 2HP	£209,950	£209,950	£0	14 Sep 2024	14 Jan 2025	122 Days
31 Bradley Close, Ouston, Chester Le Street, County Durham, DH2 1TH	£170,000	£165,000	-£5,000	12 Sep 2024	10 Jan 2025	120 Days
157 Thorntons Close, Pelton, Chester Le Street, County Durham, DH2 1QJ	£99,950	£94,000	-£5,950	31 Oct 2023	10 Jan 2025	437 Days
2 Falstone Drive, Chester Le Street, County Durham, DH2 3ST	£265,000	£260,000	-£5,000	05 Aug 2024	06 Jan 2025	154 Days
31 The Elms, Chester Le Street, County Durham, DH2 3EJ	£125,000	£101,250	-£23,750	07 Nov 2016	19 Dec 2024	2964 Days
5 Glencrest Court, Pelton Fell, Chester Le Street, County Durham, DH2 2BX	£205,000	£200,000	-£5,000	04 Sep 2024	18 Dec 2024	105 Days

Most Expensive Streets in DH2 (Chester Le Street)

Postcode	Street	Area	Average	No. of Sales
DH2 3LD	Plawsworth, Chester Le Street, County Durham	Chester Le Street	£528,499	4
DH2 3UD	Hermitage Gardens, Chester Le Street, County Durham	Chester Le Street	£440,000	6
DH2 3AB	Waldridge Road, Chester Le Street, County Durham	Chester Le Street	£404,875	4
DH2 3LQ	Darley Court, Plawsworth	Chester Le Street	£383,333	3
DH2 3TL	Denwick Close, Chester Le Street, County Durham	Chester Le Street	£380,111	9
DH2 3RH	The Oval, Chester Moor	Chester Le Street	£369,000	3
DH2 3SU	Fenwick Close, Chester Le Street, County Durham	Chester Le Street	£322,200	5
DH2 2UH	Graythwaite, Chester Le Street, County Durham	Chester Le Street	£318,730	13
DH2 3JQ	Warkworth Drive, Chester Le Street, County Durham	Chester Le Street	£313,666	3
DH2 3TE	Hauxley Drive, Chester Le Street, County Durham	Chester Le Street	£312,600	5

Least Expensive Streets in DH2 (Chester Le Street)

Postcode	Street	Area	Average	No. of Sales
DH2 3LS	Albert Street, Grange Villa	Chester Le Street	£37,250	6
DH2 3LY	Pine Street, Grange Villa	Chester Le Street	£40,421	7
DH2 3LW	West Street, Grange Villa	Chester Le Street	£42,583	6
DH2 3LR	Albert Street, Grange Villa	Chester Le Street	£43,813	11
DH2 3LP	West Street, Grange Villa	Chester Le Street	£44,875	4
DH2 3LX	Pine Street, Grange Villa	Chester Le Street	£45,883	9
DH2 3LT	Queen Street, Grange Villa	Chester Le Street	£46,142	7
DH2 3LN	East Street, Grange Villa	Chester Le Street	£48,770	5
DH2 3LU	Queen Street, Grange Villa	Chester Le Street	£50,146	13
DH2 1DU	Ernest Street, Pelton	Chester Le Street	£55,583	3