Chester-le-Street House Prices Chester-le-Street House Prices

The average house price in Chester-le-Street is £230,294 using HM Land Registry data.

The average property price decreased by £3,086 (--1.62%) over the last 5 years and decreased by £617 (--0.33%) over the last 12 months.

Over the last year, there were 285 residential property sales – a decrease of 29 transactions (-10.18%) relative to the previous year. The majority of house sales (67) were in the £70,000 - £124,000 range. Then came properties in the £124,000 - £178,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 106 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,685 (-2%).

In May 2025, there were 54 new estate agency instructions, 44 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in Chester-le-Street

-1.62%

Property prices in Chester-le-Street decreased by -1.62% 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 Chester-le-Street Over the Last Year

-0.33%

Property prices in Chester-le-Street decreased by -0.33% 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 Chester-le-Street - May 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 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 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 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 Chester-le-Street since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Chester-le-Street area since 1995.

Recent Property Sales in Chester-le-Street

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Camperdown Avenue, Chester Le Street, County Durham, DH3 4AD£395,000£370,000-£25,00006 Aug 202421 Feb 2025199 Days
4 Newcastle Road, Chester Le Street, County Durham, DH3 3TZ£199,950£190,000-£9,95031 May 202411 Feb 2025256 Days
11 Lintfort, Picktree, Washington, County Durham, NE38 9HX£300,000£270,000-£30,00002 Sep 202410 Feb 2025161 Days
84 Highfield Rise, Chester Le Street, County Durham, DH3 3UY£375,000£360,000-£15,00011 Jul 202431 Jan 2025204 Days
16 Lambton Street, Chester Le Street, County Durham, DH3 3NH£140,000£135,000-£5,00004 Oct 202431 Jan 2025119 Days
11 Castle View, Chester Le Street, County Durham, DH3 3XA£650,000£625,000-£25,00011 Jun 202431 Jan 2025234 Days
19 Glenroy Gardens, Chester Le Street, County Durham, DH2 2JH£105,000£95,000-£10,00008 May 202431 Jan 2025268 Days
6 Prendwick Close, Chester Le Street, County Durham, DH2 3TX£300,000£300,000£001 Aug 202431 Jan 2025183 Days
16 Bowmont Walk, Chester Le Street, County Durham, DH2 3JB£159,950£155,000-£4,95016 Oct 202431 Jan 2025107 Days
14 Carrowmore Road, Chester Le Street, County Durham, DH2 3DY£265,000£258,000-£7,00026 Jul 202431 Jan 2025189 Days
9 Elmwood, Chester Le Street, County Durham, DH2 2XB£190,000£185,000-£5,00008 Oct 202431 Jan 2025115 Days
47 Bowmont Walk, Chester Le Street, County Durham, DH2 3JA£88,000£88,000£023 May 202427 Jan 2025249 Days
159 Wynyard, Chester Le Street, County Durham, DH2 2TJ£120,000£115,000-£5,00006 Aug 202424 Jan 2025171 Days
11 Myrtles, Chester Le Street, County Durham, DH2 2HP£209,950£209,950£014 Sep 202414 Jan 2025122 Days
2 Falstone Drive, Chester Le Street, County Durham, DH2 3ST£265,000£260,000-£5,00005 Aug 202406 Jan 2025154 Days
31 The Elms, Chester Le Street, County Durham, DH2 3EJ£125,000£101,250-£23,75007 Nov 201619 Dec 20242964 Days
16 Leander Avenue, Chester Le Street, County Durham, DH3 4BH£160,000£160,000£025 Sep 202418 Dec 202484 Days
5 Queensmere, Chester Le Street, County Durham, DH3 4DA£285,000£280,000-£5,00001 Jul 202417 Dec 2024169 Days
23 The Avenue, Chester Le Street, County Durham, DH2 2DD£134,995£133,495-£1,50005 Sep 202417 Dec 2024103 Days
2 Union Court, Chester Le Street, County Durham, DH3 3PA£74,950£67,000-£7,95017 Nov 202216 Dec 2024760 Days

Most Expensive Streets in Chester-le-Street

PostcodeStreetAreaAverageNo. of Sales
NE38 9HHPicktree LanePicktree£1,041,2504
DH3 3QXThe ParksChester Le Street£520,8336
DH3 3XACastle ViewChester Le Street£498,3333
DH3 4BANorth LodgeChester Le Street£468,2683
DH2 3UDHermitage GardensChester Le Street£440,0006
DH3 4DGLongdean ParkChester Le Street£438,2005
DH3 4AFBlind LaneChester Le Street£434,1254
DH3 4DFLongdean ParkChester Le Street£426,2504
DH2 3ABWaldridge RoadChester Le Street£404,8754
DH2 3TLDenwick CloseChester Le Street£401,6878

Least Expensive Streets in Chester-le-Street

PostcodeStreetAreaAverageNo. of Sales
DH3 3PAUnion CourtChester Le Street£58,72613
DH3 3DRAlbert StreetChester Le Street£64,8624
DH3 3DPVictor StreetChester Le Street£65,4938
DH3 3DWPine StreetChester Le Street£65,4994
DH3 3SEHopgarth CourtChester Le Street£68,9938
DH3 3JJBenson StreetChester Le Street£72,2863
DH3 3DNPoplar StreetChester Le Street£76,0004
DH3 3EAElm StreetChester-le-street£77,0008
DH2 2HBPelaw SquareSouth Pelaw£77,0004
DH2 2HZLumley CloseChester Le Street£77,0416

Explore Chester-le-Street and Neighbouring Area House Prices

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