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Hetton-le-Hole House Prices Hetton-le-Hole House Prices

The average house price in Hetton-le-Hole is £80,847 using HM Land Registry data.

The average property price increased by £22,714 (23.06%) over the last 5 years and increased by £4,539 (3.89%) over the last 12 months.

Over the last year, there were 65 residential property sales – a decrease of 30 transactions (-46.15%) relative to the previous year. The majority of house sales (19) were in the £60,000 - £84,000 range. Then came properties in the £84,000 - £108,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,815 (-3%).

In April 2024, there were 24 new estate agency instructions, 19 agreed home sales and 10 property price reductions.

Neighbouring Areas: Houghton-le-Spring

Postcodes Covered: DH5

5-Year Average Property Prices in Hetton-le-Hole

23.06%

Property prices in Hetton-le-Hole increased by 23.06% 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 Hetton-le-Hole Over the Last Year

3.89%

Property prices in Hetton-le-Hole increased by 3.89% 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 Hetton-le-Hole - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Hetton-le-Hole

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 Hetton-le-Hole

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 Hetton-le-Hole

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 Hetton-le-Hole since 1995

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

Recent Property Sales in Hetton-le-Hole

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Perkins Close, Hetton-le-hole, Houghton Le Spring, Tyne And Wear, DH5 9GD£170,000£170,000£0012 Dec 202321 Mar 2024100 Days
124 Houghton Road, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9PL£110,000£106,000-£4,00031 Jul 202305 Feb 2024189 Days
30 Pimlico Road, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 0EX£145,000£135,000-£10,00012 Jul 202301 Dec 2023142 Days
137 Houghton Road, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9PL£115,000£110,350-£4,65021 Jun 202327 Nov 2023159 Days
48 Henry Street, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9BA£129,995£109,950-£20,04513 Sep 201810 Nov 20231884 Days
5 Mark Rise, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9BW£219,950£215,000-£4,95014 May 202310 Nov 2023180 Days
14 Oswald Road, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9DA£170,000£170,000£0008 Aug 202331 Oct 202384 Days
24 Claypath Road, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 0EL£64,950£63,000-£1,95002 May 202318 Sep 2023139 Days
9 Claude Street, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 0AU£75,000£65,000-£10,00016 Mar 202312 Sep 2023180 Days
1 Willis Street, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9AE£90,000£83,000-£7,00026 Nov 202225 Aug 2023272 Days
5 Nidderdale Avenue, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 0DL£80,000£75,000-£5,00005 Dec 202223 Aug 2023261 Days
13 Broomhill Terrace, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9PS£119,950£115,000-£4,95002 Apr 202318 Aug 2023138 Days
10 Stephenson Close, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9HS£80,000£79,000-£1,00022 Feb 202311 Aug 2023170 Days
2 Station Road North, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9HQ£125,000£120,000-£5,00029 Mar 202311 Aug 2023135 Days
44 Houghton Road, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9PQ£55,000£53,000-£2,00018 Apr 202312 Jul 202385 Days
1 Caroline Street, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9DB£70,000£69,000-£1,00005 May 202305 Jul 202361 Days
22 Moorhouse Gardens, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 0AD£179,950£179,950£0025 Oct 202204 Jul 2023252 Days
40 Airedale Gardens, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 0EE£80,000£66,500-£13,50014 Jul 202230 Jun 2023351 Days
3 Oswald Road, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9DA£150,000£148,000-£2,00011 Apr 202316 Jun 202366 Days
11 Rowan Drive, Hetton Le Hole, Houghton Le Spring, Tyne And Wear, DH5 9LF£115,000£104,500-£10,50017 Jan 202306 Jun 2023140 Days

Most Expensive Streets in Hetton-le-Hole

PostcodeStreetAreaAverageNo. of Sales
DH5 9PTBroomhillHetton Le Hole£263,6663
DH5 9NBTen FieldsHetton Le Hole£221,2374
DH5 9JNBog RowHetton Le Hole£213,6663
DH5 9BXElmfieldHetton Le Hole£184,8336
DH5 0EUElvet GreenHetton Le Hole£176,6663
DH5 9QEThe BungalowsHetton Le Hole£163,7503
DH5 0AUClaude StreetHetton Le Hole£163,3333
DH5 9NQHollowdeneHetton Le Hole£157,9005
DH5 9NTWoodlea CloseHetton Le Hole£156,1663
DH5 9DAOswald RoadHetton Le Hole£156,0003

Least Expensive Streets in Hetton-le-Hole

PostcodeStreetAreaAverageNo. of Sales
DH5 9DZMarket StreetHetton Le Hole£20,1663
DH5 9DECaroline StreetHetton Le Hole£38,3333
DH5 9ELEdward StreetHetton Le Hole£43,5318
DH5 9EJFairy StreetHetton Le Hole£53,1666
DH5 0ATStation RoadHetton Le Hole£54,1663
DH5 9HTGarden EstateHetton Le Hole£55,6663
DH5 9DXPercy StreetHetton Le Hole£56,7504
DH5 0DLNidderdale AvenueHetton Le Hole£61,6663
DH5 9DFVictoria StreetHetton Le Hole£63,7004
DH5 9AEWillis StreetHetton Le Hole£64,4685

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