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Horden House Prices

The average house price in Horden is £81,166 using HM Land Registry data.

The average property price increased by £12,390 (22.35%) over the last 5 years and increased by £2,482 (3.8%) over the last 12 months.

Over the last year, there were 109 residential property sales – a decrease of 29 transactions (-26.61%) relative to the previous year. The majority of house sales (27) were in the £20,000 - £40,000 range. Then came properties in the £40,000 - £60,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 162 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 8 new estate agency instructions, 6 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in Horden

22.35%

Property prices in Horden increased by 22.35% 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

3.8%

Property prices in Horden increased by 3.8% 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 Horden - 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 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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Eden Street, Horden, Peterlee, County Durham, SR8 4DH	£60,000	£60,000	£00	16 Aug 2023	28 Oct 2024	439 Days
19 Thirteenth Street, Horden, Peterlee, County Durham, SR8 4QP	£50,000	£50,000	£00	25 Mar 2024	28 Jun 2024	95 Days
75 Sixth Street, Horden, Peterlee, County Durham, SR8 4JX	£40,000	£39,750	-£250	08 Apr 2024	07 May 2024	29 Days
17 Edward Avenue, Horden, Peterlee, County Durham, SR8 4RQ	£95,000	£90,000	-£5,000	19 Jan 2024	24 Apr 2024	96 Days
23 Edward Avenue, Horden, Peterlee, County Durham, SR8 4RQ	£75,000	£70,000	-£5,000	12 Jan 2024	12 Apr 2024	91 Days
13 Edward Avenue, Horden, Peterlee, County Durham, SR8 4RQ	£85,000	£83,000	-£2,000	14 Jan 2024	11 Apr 2024	88 Days
14 West View, Horden, Peterlee, County Durham, SR8 4DS	£79,950	£78,000	-£1,950	29 Feb 2024	25 Mar 2024	25 Days
10 Burnside Avenue, Horden, Peterlee, County Durham, SR8 4SU	£85,000	£83,000	-£2,000	02 Oct 2023	20 Mar 2024	170 Days
9 Emerson Court, Horden, Peterlee, County Durham, SR8 4DG	£70,000	£70,000	£00	19 Jan 2024	14 Mar 2024	55 Days
12 Hudson Avenue, Horden, Peterlee, County Durham, SR8 4QL	£64,950	£55,000	-£9,950	09 Nov 2016	02 Mar 2024	2670 Days
3 Oak Terrace, Horden, Peterlee, County Durham, SR8 4JT	£89,950	£80,000	-£9,950	11 Jul 2023	09 Feb 2024	213 Days
17 South Terrace, Horden, Peterlee, County Durham, SR8 4NG	£35,000	£35,000	£00	29 Nov 2023	06 Feb 2024	69 Days
38 Willow Grove, Horden, Peterlee, County Durham, SR8 4SA	£169,950	£167,000	-£2,950	24 Oct 2023	02 Feb 2024	101 Days
2 Ash Crescent, Horden, Peterlee, County Durham, SR8 4JN	£63,500	£63,500	£00	18 Sep 2023	29 Jan 2024	133 Days
45 Fifth Street, Horden, Peterlee, County Durham, SR8 4LA	£39,999	£38,000	-£1,999	19 Jul 2023	19 Jan 2024	184 Days
4 Snowdrop Avenue, Horden, Peterlee, County Durham, SR8 4PP	£145,000	£105,000	-£40,000	10 May 2023	08 Jan 2024	243 Days
56 Newcastle Avenue, Horden, Peterlee, County Durham, SR8 4BQ	£84,950	£80,000	-£4,950	27 Apr 2023	20 Dec 2023	237 Days
5 Burnside Avenue, Horden, Peterlee, County Durham, SR8 4SU	£72,000	£71,000	-£1,000	07 Sep 2023	15 Dec 2023	99 Days
18 Ashwood Meadows, Horden, Peterlee, County Durham, SR8 4BF	£140,000	£135,000	-£5,000	16 Feb 2022	14 Dec 2023	666 Days
48 Roseby Road, Horden, Peterlee, County Durham, SR8 4RN	£88,500	£87,000	-£1,500	17 Aug 2023	08 Dec 2023	113 Days

Most Expensive Streets in Horden

Postcode	Street	Area	Average	No. of Sales
SR8 4HY	Stapylton Drive	Peterlee	£156,859	11
SR8 4SG	Elm Terrace	Horden	£143,666	3
SR8 4QZ	Shotton Road	Horden	£132,300	5
SR8 4SA	Willow Grove	Horden	£129,432	7
SR8 4BF	Ashwood Meadows	Peterlee	£124,118	8
SR8 4SJ	Woodland Avenue	Horden	£106,650	3
SR8 4RB	Shotton Road	Peterlee	£103,375	4
SR8 4AT	Wraith Terrace	Horden	£99,500	3
SR8 4RN	Roseby Road	Peterlee	£99,056	8
SR8 4AQ	Webb Square	Peterlee	£96,666	3

Least Expensive Streets in Horden

Postcode	Street	Area	Average	No. of Sales
SR8 4LZ	Ninth Street	Peterlee	£27,769	13
SR8 4JX	Sixth Street	Peterlee	£30,635	24
SR8 4JQ	Seventh Street	Peterlee	£31,836	22
SR8 4NF	Tees Street	Peterlee	£31,946	14
SR8 4LY	Eighth Street	Peterlee	£32,233	22
SR8 4QQ	Eleventh Street	Peterlee	£33,301	30
SR8 4QH	Twelfth Street	Peterlee	£33,513	21
SR8 4LA	Fifth Street	Peterlee	£34,706	24
SR8 4NA	Warren Street	Peterlee	£35,103	16
SR8 4QP	Thirteenth Street	Peterlee	£35,305	9