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Bishop Auckland House Prices Bishop Auckland House Prices

The average house price in Bishop Auckland is £160,395 using HM Land Registry data.

The average property price increased by £25,107 (20.63%) over the last 5 years and increased by £5,018 (3.54%) over the last 12 months.

Over the last year, there were 256 residential property sales – a decrease of 127 transactions (-49.61%) relative to the previous year. The majority of house sales (60) were in the £50,000 - £90,000 range. Then came properties in the £90,000 - £130,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,732 (-3%).

In April 2024, there were 45 new estate agency instructions, 36 agreed home sales and 25 property price reductions.

Postcodes Covered: DL14

5-Year Average Property Prices in Bishop Auckland

20.63%

Property prices in Bishop Auckland increased by 20.63% 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 Bishop Auckland Over the Last Year

3.54%

Property prices in Bishop Auckland increased by 3.54% 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.

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).

Property Market Heat Gauge for Bishop Auckland - April 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Bishop Auckland

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 Bishop Auckland

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 Bishop Auckland

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 Bishop Auckland since 1995

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

Recent Property Sales in Bishop Auckland

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Hampshire Place, Bishop Auckland, County Durham, DL14 6UX£75,000£72,000-£3,00003 Dec 202315 Mar 2024103 Days
5 Neile Court, Bishop Auckland, County Durham, DL14 7GE£230,000£228,000-£2,00015 May 202301 Mar 2024291 Days
22 Whitby Close, Bishop Auckland, County Durham, DL14 0RU£289,950£285,000-£4,95009 Oct 202322 Feb 2024136 Days
27c, Market Place, Bishop Auckland, County Durham, DL14 7NP£139,000£136,000-£3,00012 Jul 202316 Feb 2024219 Days
10 Lower Bridge Street, Bishop Auckland, County Durham, DL14 7QB£189,995£179,000-£10,99530 Sep 202307 Feb 2024130 Days
36 Salisbury Place, Bishop Auckland, County Durham, DL14 7NB£125,000£123,000-£2,00028 Sep 202302 Feb 2024127 Days
7 Kirkham Way, Auckland Park, Bishop Auckland, County Durham, DL14 8SQ£139,950£135,000-£4,95004 Oct 202301 Feb 2024120 Days
8 Waskerley Grove, Bishop Auckland, County Durham, DL14 0SE£190,000£190,000£0027 Nov 202326 Jan 202460 Days
29 Manor Road, St Helen Auckland, Bishop Auckland, County Durham, DL14 9EW£97,500£97,500£0019 Oct 202322 Jan 202495 Days
33 Maude Terrace, St Helen Auckland, Bishop Auckland, County Durham, DL14 9BD£145,000£140,000-£5,00006 Jul 202322 Jan 2024200 Days
2 Talbot Court, Auckland Park, Bishop Auckland, County Durham, DL14 8YP£150,000£150,000£0030 Nov 202319 Jan 202450 Days
7 Woodhouse Lane, Bishop Auckland, County Durham, DL14 6JX£89,995£70,000-£19,99508 Apr 201109 Jan 20244659 Days
61 Linburn Drive, Bishop Auckland, County Durham, DL14 0RQ£120,000£110,000-£10,00007 Oct 202319 Dec 202373 Days
18 Aldhun Close, Bishop Auckland, County Durham, DL14 6XL£239,950£239,950£0024 Jul 202318 Dec 2023147 Days
3 St Cuthberts Way, Bishop Auckland, County Durham, DL14 6DY£180,000£176,000-£4,00021 Jun 202313 Dec 2023175 Days
16 Rush Park, Bishop Auckland, County Durham, DL14 6NR£400,000£380,000-£20,00025 Jul 202311 Dec 2023139 Days
83 Woodhouse Lane, Bishop Auckland, County Durham, DL14 6JU£160,000£153,000-£7,00031 Jul 202302 Dec 2023124 Days
30 Aldhun Close, Bishop Auckland, County Durham, DL14 6XL£180,000£180,000£0013 Jul 202301 Dec 2023141 Days
37 South Church Road, Bishop Auckland, County Durham, DL14 7JU£90,000£82,000-£8,00022 Aug 202329 Nov 202399 Days
8 Milford Meadow, South Church, Bishop Auckland, County Durham, DL14 6SJ£164,950£160,000-£4,95008 Jul 202328 Nov 2023143 Days

Most Expensive Streets in Bishop Auckland

PostcodeStreetAreaAverageNo. of Sales
DL14 7UASaxon CourtBishop Auckland£474,8333
DL14 7HYDurham RoadBishop Auckland£443,3333
DL14 7HUDurham RoadBishop Auckland£435,0004
DL14 7HJThe DellBishop Auckland£386,3577
DL14 7QUEtherley LaneBishop Auckland£359,6663
DL14 7QFDial Stob HillBishop Auckland£320,0003
DL14 6JTWoodhouse LaneBishop Auckland£302,0836
DL14 6NTBarrington MeadowsBishop Auckland£263,5008
DL14 6UFDene Hall DriveBishop Auckland£263,05010
DL14 7HXDurham RoadBishop Auckland£259,5004

Least Expensive Streets in Bishop Auckland

PostcodeStreetAreaAverageNo. of Sales
DL14 6EYGeneral Bucher CourtBishop Auckland£24,32510
DL14 9APDilks StreetBishop Auckland£30,9005
DL14 7TDBlackett StreetBishop Auckland£38,8333
DL14 6SGAppleby StreetBishop Auckland£39,3333
DL14 7DLGibbon StreetBishop Auckland£44,1586
DL14 6AUTivoli PlaceBishop Auckland£44,8005
DL14 9SZDent StreetBishop Auckland£44,90010
DL14 9SRCambridge CourtBishop Auckland£45,9374
DL14 6SFHillbeck StreetBishop Auckland£46,8333
DL14 9TBBoddy StreetBishop Auckland£48,5004

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