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Horden House Prices Horden House Prices

The average house price in Horden is £69,430 using HM Land Registry data.

The average property price increased by £18,826 (37.25%) over the last 5 years and increased by £3,762 (5.73%) over the last 12 months.

Over the last year, there were 125 residential property sales – a decrease of 23 transactions (-18.40%) relative to the previous year. The majority of house sales (29) were in the £20,000 - £38,000 range. Then came properties in the £38,000 - £56,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 22 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,178 (-2%).

In April 2024, there were 14 new estate agency instructions, 12 agreed home sales and 8 property price reductions.

Neighbouring Areas: Peterlee, Blackhall Colliery

Postcodes Covered: SR8

5-Year Average Property Prices in Horden

37.25%

Property prices in Horden increased by 37.25% 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 Horden Over the Last Year

5.73%

Property prices in Horden increased by 5.73% 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 Horden - 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 Horden

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 Horden

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 Horden

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 Horden since 1995

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

Recent Property Sales in Horden

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Oak Terrace, Horden, Peterlee, County Durham, SR8 4JT£89,950£80,000-£9,95011 Jul 202309 Feb 2024213 Days
38 Willow Grove, Horden, Peterlee, County Durham, SR8 4SA£169,950£167,000-£2,95024 Oct 202302 Feb 2024101 Days
2 Ash Crescent, Horden, Peterlee, County Durham, SR8 4JN£63,500£63,500£0018 Sep 202329 Jan 2024133 Days
45 Fifth Street, Horden, Peterlee, County Durham, SR8 4LA£39,999£38,000-£1,99919 Jul 202319 Jan 2024184 Days
56 Newcastle Avenue, Horden, Peterlee, County Durham, SR8 4BQ£84,950£80,000-£4,95027 Apr 202320 Dec 2023237 Days
18 Ashwood Meadows, Horden, Peterlee, County Durham, SR8 4BF£140,000£135,000-£5,00016 Feb 202214 Dec 2023666 Days
48 Roseby Road, Horden, Peterlee, County Durham, SR8 4RN£88,500£87,000-£1,50017 Aug 202308 Dec 2023113 Days
89 Cotsford Park Estate, Horden, Peterlee, County Durham, SR8 4TA£95,000£88,000-£7,00023 Jan 202301 Dec 2023312 Days
22 Northumberland Street, Horden, Peterlee, County Durham, SR8 4PX£79,999£77,000-£2,99904 Jul 202329 Nov 2023148 Days
79 Third Street, Peterlee, Durham, SR8 4EH£65,000£60,000-£5,00029 Sep 202006 Nov 20231133 Days
29 Burnside Avenue, Horden, Peterlee, County Durham, SR8 4SU£60,000£54,500-£5,50025 Jan 202306 Nov 2023285 Days
25 Gordon Avenue, Horden, Peterlee, County Durham, SR8 4QN£99,950£85,000-£14,95016 Jun 202303 Nov 2023140 Days
24 South Crescent, Horden, Peterlee, County Durham, SR8 4AF£45,000£45,000£0029 Jun 202226 Oct 2023484 Days
3 Hudson Avenue, Horden, Peterlee, County Durham, SR8 4QL£55,000£39,950-£15,05018 Feb 201113 Oct 20234620 Days
22 Edward Avenue, Horden, Peterlee, County Durham, SR8 4RQ£99,950£99,950£0012 Jul 202313 Oct 202393 Days
17 Hamilton Street, Horden, Peterlee, County Durham, SR8 4NJ£54,999£53,000-£1,99915 Mar 202310 Oct 2023209 Days
79 Rosedale Terrace, Horden, Peterlee, County Durham, SR8 4RG£90,000£88,500-£1,50016 May 202309 Oct 2023146 Days
44 Twelfth Street, Horden, Peterlee, County Durham, SR8 4QH£46,000£41,536-£4,46407 Oct 202107 Oct 2023730 Days
23 Stapylton Drive, Horden, Peterlee, County Durham, SR8 4HY£230,000£230,000£0028 Jun 202322 Sep 202386 Days
5 Cresswell Avenue, Horden, Peterlee, County Durham, SR8 4SX£55,000£55,000£0019 Jul 202322 Sep 202365 Days

Most Expensive Streets in Horden

PostcodeStreetAreaAverageNo. of Sales
SR8 4HYStapylton DrivePeterlee£154,11113
SR8 4SAWillow GroveHorden£134,3788
SR8 4SGElm TerracePeterlee£127,3333
SR8 4QZShotton RoadHorden£127,2506
SR8 4BFAshwood MeadowsPeterlee£126,9889
SR8 4JFDene TerraceHorden£117,0333
SR8 4RBShotton RoadPeterlee£103,3754
SR8 4RNRoseby RoadPeterlee£99,0568
SR8 4AQWebb SquarePeterlee£96,6663
SR8 4ATWraith TerracePeterlee£94,9166

Least Expensive Streets in Horden

PostcodeStreetAreaAverageNo. of Sales
SR8 4LZNinth StreetPeterlee£27,46113
SR8 4NAWarren StreetPeterlee£29,50817
SR8 4JXSixth StreetPeterlee£30,27222
SR8 4LYEighth StreetPeterlee£30,61920
SR8 4QHTwelfth StreetPeterlee£31,63221
SR8 4NFTees StreetPeterlee£31,98315
SR8 4JQSeventh StreetPeterlee£31,99524
SR8 4QPThirteenth StreetPeterlee£32,1568
SR8 4QQEleventh StreetPeterlee£32,84933
SR8 4NETenth StreetPeterlee£33,60916

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