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Easington House Prices

The average house price in Easington is £95,849 using HM Land Registry data.

The average property price increased by £9,770 (9.97%) over the last 5 years and increased by £1,958 (1.85%) over the last 12 months.

Over the last year, there were 94 residential property sales – a decrease of 68 transactions (-72.34%) relative to the previous year. The majority of house sales (41) were in the £40,000 - £78,000 range. Then came properties in the £78,000 - £116,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 134 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,812 (-3%).

In Dec 24, there were 4 new estate agency instructions, 8 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in Easington

9.97%

Property prices in Easington increased by 9.97% 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 Easington Over the Last Year

1.85%

Property prices in Easington increased by 1.85% 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 Easington - Dec 24

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 Easington

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 Easington

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 Easington

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 Easington since 1995

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

Recent Property Sales in Easington

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
24 The Coppice, Easington Colliery, Peterlee, County Durham, SR8 3NU	£209,999	£200,000	-£9,999	20 Jun 2024	21 Oct 2024	123 Days
1 Noble Street, Peterlee, County Durham, SR8 3LX	£65,000	£65,000	£00	02 May 2024	12 Aug 2024	102 Days
68 The Coppice, Easington Colliery, Peterlee, County Durham, SR8 3NU	£215,000	£210,000	-£5,000	11 May 2024	09 Aug 2024	90 Days
1 Thomas Street, Easington Colliery, Peterlee, County Durham, SR8 3LT	£65,000	£62,500	-£2,500	22 Mar 2024	22 Jul 2024	122 Days
16 Thorpe Road, Easington, Peterlee, County Durham, SR8 3UA	£130,000	£127,500	-£2,500	20 Mar 2024	19 Jul 2024	121 Days
5 Sea View, Easington, Peterlee, County Durham, SR8 3EJ	£40,000	£39,999	-£01	01 Feb 2024	28 Jun 2024	148 Days
23 Bradley Street, Peterlee, County Durham, SR8 3SB	£50,000	£47,000	-£3,000	25 Mar 2024	28 Jun 2024	95 Days
24 Holm Hill Gardens, Easington Colliery, Peterlee, County Durham, SR8 3JT	£90,000	£90,000	£00	09 May 2024	25 Jun 2024	47 Days
30 Ascot Street, Peterlee, County Durham, SR8 3RU	£40,000	£40,000	£00	19 Mar 2024	13 Jun 2024	86 Days
Birk Crag, Loaning Burn, Peterlee, County Durham, SR8 3TX	£210,000	£210,000	£00	28 Feb 2024	22 May 2024	84 Days
20a, Glebe Terrace, Peterlee, County Durham, SR8 3DH	£75,000	£66,000	-£9,000	31 Jan 2024	20 May 2024	110 Days
2 Stockton Road, Easington, Peterlee, County Durham, SR8 3AY	£230,000	£230,000	£00	21 Feb 2024	10 May 2024	79 Days
88 Oak Road, Easington Colliery, Peterlee, County Durham, SR8 3HU	£85,000	£85,000	£00	17 May 2023	26 Apr 2024	345 Days
2 West View, Easington, Peterlee, County Durham, SR8 3EN	£85,000	£85,000	£00	23 Oct 2023	11 Apr 2024	171 Days
5 Laburnum Crescent, Peterlee, County Durham, SR8 3AA	£70,000	£54,000	-£16,000	07 Jun 2023	09 Feb 2024	247 Days
4 Office Street, Peterlee, County Durham, SR8 3QW	£220,000	£217,500	-£2,500	14 Aug 2023	02 Feb 2024	172 Days
4 Paradise Crescent, Peterlee, County Durham, SR8 3HB	£220,000	£195,000	-£25,000	13 Nov 2023	19 Jan 2024	67 Days
28 Briardene Way, Easington Colliery, Peterlee, County Durham, SR8 3NR	£230,000	£230,000	£00	28 Sep 2023	08 Dec 2023	71 Days
8 Oswald Terrace, Peterlee, County Durham, SR8 3LB	£60,000	£60,000	£00	11 Jul 2023	30 Nov 2023	142 Days
4 Hallfield Drive, Peterlee, County Durham, SR8 3DB	£175,000	£170,000	-£5,000	13 Jun 2023	27 Nov 2023	167 Days

Most Expensive Streets in Easington

Postcode	Street	Area	Average	No. of Sales
SR8 3UY	Nursery Gardens	Easington	£302,316	3
SR8 3BS	Hall Walk	Peterlee	£264,708	6
SR8 3TW	Seaside Lane	Easington	£231,737	4
SR8 3NT	Hillview Grove	Easington Colliery	£213,362	4
SR8 3BB	St Marys Close	Easington Village	£210,000	6
SR8 3NX	The Spinney	Easington Village	£199,658	6
SR8 3FD	Parsley Close	Easington	£198,442	39
SR8 3NR	Briardene Way	Easington Colliery	£196,931	8
SR8 3NU	The Coppice	Easington Colliery	£190,102	18
SR8 3GA	Essyn Court	Peterlee	£174,714	7

Least Expensive Streets in Easington

Postcode	Street	Area	Average	No. of Sales
SR8 3LS	John Street	Peterlee	£35,857	7
SR8 3LZ	James Street	Peterlee	£38,772	9
SR8 3QQ	Ashton Street	Easington Colliery	£40,159	11
SR8 3SA	Barwick Street	Peterlee	£40,335	10
SR8 3SL	Boston Street	Peterlee	£41,100	5
SR8 3PX	Avon Street	Easington Colliery	£41,455	5
SR8 3PP	Vincent Street	Easington Colliery	£42,199	5
SR8 3LU	Thorpe Street	Easington Colliery	£42,416	6
SR8 3PZ	Angus Street	Easington Colliery	£43,113	11
SR8 3LT	Thomas Street	Peterlee	£43,350	10