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Houghton-le-Spring House Prices Houghton-le-Spring House Prices

The average house price in Houghton-le-Spring is £89,750 using HM Land Registry data.

The average property price increased by £21,783 (18.44%) over the last 5 years and increased by £4,353 (3.21%) over the last 12 months.

Over the last year, there were 112 residential property sales – a decrease of 16 transactions (-14.29%) relative to the previous year. The majority of house sales (31) were in the £70,000 - £104,000 range. Then came properties in the £104,000 - £138,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 29 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,299 (-3%).

In April 2024, there were 42 new estate agency instructions, 21 agreed home sales and 19 property price reductions.

Neighbouring Areas: Shiney Row and Penshaw, Fence Houses, Hetton-le-Hole

Postcodes Covered: DH4, DH5

5-Year Average Property Prices in Houghton-le-Spring

18.44%

Property prices in Houghton-le-Spring increased by 18.44% 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 Houghton-le-Spring Over the Last Year

3.21%

Property prices in Houghton-le-Spring increased by 3.21% 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 Houghton-le-Spring - 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 Houghton-le-Spring

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 Houghton-le-Spring

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 Houghton-le-Spring

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 Houghton-le-Spring since 1995

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

Recent Property Sales in Houghton-le-Spring

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
77 Brinkburn Crescent, Houghton Le Spring, Tyne And Wear, DH4 5HB£125,000£125,000£0013 Oct 202301 Mar 2024140 Days
74 Leeholme, Houghton Le Spring, Tyne And Wear, DH5 8HR£155,000£151,500-£3,50008 Jun 202328 Feb 2024265 Days
21 Long Acre, Houghton Le Spring, Tyne And Wear, DH4 5PY£145,000£138,000-£7,00008 Jun 202309 Feb 2024246 Days
4 Chaucer Street, Houghton Le Spring, Tyne And Wear, DH4 5AU£85,000£85,000£0003 Jul 202305 Jan 2024186 Days
22 Coptleigh, Houghton Le Spring, Tyne And Wear, DH5 8JD£155,000£155,000£0021 Aug 202320 Nov 202391 Days
66 Nine Lands, Houghton Le Spring, Tyne And Wear, DH4 5QD£169,950£160,000-£9,95002 Aug 202310 Nov 2023100 Days
48 Fountains Crescent, Houghton Le Spring, Tyne And Wear, DH4 5LN£119,950£119,950£0007 Jul 202325 Oct 2023110 Days
13 Mill Terrace, Houghton Le Spring, Tyne And Wear, DH5 9NR£140,000£132,500-£7,50021 Jul 202325 Oct 202396 Days
50 Houghtonside, Houghton Le Spring, Tyne And Wear, DH4 4BW£79,950£78,000-£1,95005 Jul 202320 Oct 2023107 Days
21 Kirknewton Close, Houghton Le Spring, Tyne And Wear, DH5 8EY£100,000£90,000-£10,00019 Apr 202313 Oct 2023177 Days
26 Long Acre, Houghton Le Spring, Tyne And Wear, DH4 5PZ£135,000£132,500-£2,50022 May 202306 Oct 2023137 Days
11 Littleburn Close, Houghton Le Spring, Tyne And Wear, DH4 5HJ£90,000£85,000-£5,00009 Mar 202305 Oct 2023210 Days
21 Mill Hill, Houghton Le Spring, Tyne And Wear, DH5 8NL£260,000£249,950-£10,05013 Jan 202329 Sep 2023259 Days
40 Martindale Park, Houghton Le Spring, Tyne And Wear, DH5 8EX£129,950£124,950-£5,00014 Apr 202329 Sep 2023168 Days
35 Bridle Way, Houghton Le Spring, Tyne And Wear, DH5 8NQ£110,000£99,000-£11,00007 Apr 201622 Sep 20232724 Days
7 Ruby Street, Houghton Le Spring, Tyne And Wear, DH4 4DR£78,000£78,000£0016 Jun 202308 Sep 202384 Days
9 Coptleigh, Houghton Le Spring, Tyne And Wear, DH5 8JD£205,000£205,000£0016 May 202307 Sep 2023114 Days
21 Fountains Crescent, Houghton Le Spring, Tyne And Wear, DH4 5LL£110,000£105,000-£5,00014 Apr 202301 Sep 2023140 Days
18 The Grove, Houghton Le Spring, Tyne And Wear, DH5 8NT£425,000£425,000£0023 Apr 202331 Aug 2023130 Days
48 Monarch Road, Houghton Le Spring, Tyne And Wear, DH4 6FG£250,000£250,000£0016 Feb 202325 Aug 2023190 Days

Most Expensive Streets in Houghton-le-Spring

PostcodeStreetAreaAverageNo. of Sales
DH5 8NTThe GroveHoughton Le Spring£348,8505
DH5 8AENesham PlaceHoughton Le Spring£327,6663
DH5 8JXGillas Lane WestHoughton Le Spring£310,6005
DH5 8AGNesham PlaceHoughton Le Spring£302,3333
DH5 8QALingfieldHoughton Le Spring£274,8005
DH5 8NXDunholm CloseHoughton Le Spring£265,6663
DH5 8JECoptleighHoughton Le Spring£237,1666
DH5 8NRBurn CrookHoughton Le Spring£224,8333
DH5 8LBGillas Lane EastHoughton Le Spring£218,0005
DH5 8NLMill HillHoughton Le Spring£213,3163

Least Expensive Streets in Houghton-le-Spring

PostcodeStreetAreaAverageNo. of Sales
DH5 8BDBaker StreetHoughton Le Spring£39,1663
DH4 5DSBernard StreetHoughton Le Spring£53,1005
DH5 8AZOutram StreetHoughton Le Spring£54,3624
DH4 4DSLumley StreetHoughton Le Spring£57,5004
DH4 4EAGertrude StreetHoughton Le Spring£59,2438
DH5 8ASHenry StreetHoughton Le Spring£63,8754
DH5 8LGMoore Crescent SouthHoughton Le Spring£65,2905
DH5 8LEWaller TerraceHoughton Le Spring£66,7504
DH4 4DPHylton StreetHoughton Le Spring£68,5003
DH4 4DRRuby StreetHoughton Le Spring£68,9505

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