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Bowburn House Prices Bowburn House Prices

The average house price in Bowburn is £0 using HM Land Registry data.

The average property price increased by £49,131 (52.13%) over the last 5 years and increased by £9,819 (7.35%) over the last 12 months.

Over the last year, there were 31 residential property sales – a decrease of 16 transactions (-51.61%) relative to the previous year. The majority of house sales (6) were in the £86,000 - £102,000 range. Then came properties in the £70,000 - £86,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 39 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,722 (-3%).

In April 2024, there were 10 new estate agency instructions, 7 agreed home sales and 7 property price reductions.

Neighbouring Areas: Coxhoe

Postcodes Covered: DH6

5-Year Average Property Prices in Bowburn

52.13%

Property prices in Bowburn increased by 52.13% 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 Bowburn Over the Last Year

7.35%

Property prices in Bowburn increased by 7.35% 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 Bowburn - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Bowburn

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 Bowburn

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 Bowburn

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 Bowburn since 1995

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

Recent Property Sales in Bowburn

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Clarence Street, Bowburn, Durham, County Durham, DH6 5BB£82,500£82,000-£50008 Nov 202323 Feb 2024107 Days
3 Slater Place, Bowburn, Durham, County Durham, DH6 5PH£135,000£132,000-£3,00017 May 202326 Jan 2024254 Days
4 Leyland Close, Bowburn, Durham, County Durham, DH6 5DD£140,000£137,500-£2,50012 Jul 202312 Jan 2024184 Days
62 Runcie Road, Bowburn, Durham, County Durham, DH6 5EY£150,000£150,000£0003 Aug 202308 Jan 2024158 Days
6 St Johns Crescent, Bowburn, Durham, County Durham, DH6 5AQ£110,000£110,000£0024 Jul 202316 Nov 2023115 Days
11 Charlton Court, Bowburn, Durham, County Durham, DH6 5FB£200,000£200,000£0009 Nov 202219 Oct 2023344 Days
36 Griffiths Court, Bowburn, Durham, County Durham, DH6 5FD£249,995£235,000-£14,99514 Jul 202329 Sep 202377 Days
28 Runcie Road, Bowburn, Durham, County Durham, DH6 5EY£135,000£135,000£0002 May 202301 Aug 202391 Days
51 Surtees Avenue, Bowburn, Durham, County Durham, DH6 5DZ£80,000£79,000-£1,00028 Feb 202310 Jul 2023132 Days
67 David Terrace, Bowburn, Durham, County Durham, DH6 5EF£120,000£120,000£0031 Mar 202330 Jun 202391 Days
28 Griffiths Court, Bowburn, Durham, County Durham, DH6 5FD£137,500£130,500-£7,00002 Mar 202323 Jun 2023113 Days
66 Lawson Road, Bowburn, Durham, County Durham, DH6 5ED£130,000£123,500-£6,50021 Feb 202316 Jun 2023115 Days
10 Grange Park Crescent, Bowburn, Durham, County Durham, DH6 5BW£120,000£114,000-£6,00016 Jan 202310 May 2023114 Days
10 Crowtrees Lane, Bowburn, Durham, County Durham, DH6 5BH£99,950£95,000-£4,95024 Mar 202326 Apr 202333 Days
24 Burn Street, Bowburn, Durham, County Durham, DH6 5AN£85,000£80,000-£5,00007 Oct 202212 Apr 2023187 Days
12 Steavenson Street, Bowburn, Durham, County Durham, DH6 5BA£84,950£82,500-£2,45002 Dec 202231 Mar 2023119 Days
17 William Street, Bowburn, Durham, County Durham, DH6 5DY£100,000£97,000-£3,00027 Sep 202222 Mar 2023176 Days
34 Henry Avenue, Bowburn, Durham, County Durham, DH6 5EL£145,000£142,000-£3,00030 Sep 202206 Mar 2023157 Days
49 Henry Avenue, Bowburn, Durham, County Durham, DH6 5EN£110,000£103,500-£6,50031 Aug 202217 Feb 2023170 Days
34 Wylam Street, Bowburn, Durham, County Durham, DH6 5BD£79,950£75,000-£4,95016 Sep 202202 Feb 2023139 Days

Most Expensive Streets in Bowburn

PostcodeStreetAreaAverageNo. of Sales
DH6 5GAKirbys DriveBowburn£443,0004
DH6 5QDBarrington WayBowburn£285,6254
DH6 5ESDallymore DriveBowburn£201,3333
DH6 5QABeaumont CloseBowburn£196,6663
DH6 5QBMonteigne DriveBowburn£191,8889
DH6 5DABroadmeadowsBowburn£176,9995
DH6 5EYRuncie RoadBowburn£149,93212
DH6 5ELHenry AvenueBowburn£146,1254
DH6 5DDLeyland CloseBowburn£143,1003
DH6 5ENHenry AvenueBowburn£137,75011

Least Expensive Streets in Bowburn

PostcodeStreetAreaAverageNo. of Sales
DH6 5AJNewburn AvenueBowburn£66,9833
DH6 5ATDurham RoadBowburn£68,7504
DH6 5BGWalker StreetBowburn£69,3333
DH6 5BBClarence StreetBowburn£70,5005
DH6 5DYWilliam StreetBowburn£72,6005
DH6 5AZSteavenson StreetBowburn£72,6005
DH6 5BDWylam StreetBowburn£74,6427
DH6 5BLLansdowne CrescentBowburn£76,2504
DH6 5DQMary TerraceBowburn£76,6663
DH6 5AHNorton AvenueBowburn£77,6663

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