Lanchester House Prices Lanchester House Prices

The average house price in Lanchester is £242,500 using HM Land Registry data.

The average property price increased by £32,017 (17.59%) over the last 5 years and increased by £6,399 (3.08%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 0 transactions (0.00%) relative to the previous year. The majority of house sales (14) were in the £160,000 - £200,000 range. Then came properties in the £280,000 - £320,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,187 (-3%).

In May 2025, there were 7 new estate agency instructions, 6 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in Lanchester

17.59%

Property prices in Lanchester increased by 17.59% 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 Lanchester Over the Last Year

3.08%

Property prices in Lanchester increased by 3.08% 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 Lanchester - May 2025

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Lanchester

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 Lanchester

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 Lanchester

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 Lanchester since 1995

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

Recent Property Sales in Lanchester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Railway Street, Lanchester, Durham, County Durham, DH7 0SG£175,000£167,000-£8,00022 Aug 202414 Feb 2025176 Days
31 Lee Hill Court, Lanchester, Durham, County Durham, DH7 0QE£345,000£338,000-£7,00004 Oct 202413 Feb 2025132 Days
3 Smallhope Drive, Lanchester, Durham, County Durham, DH7 0SJ£320,000£310,000-£10,00020 Jun 202410 Jan 2025204 Days
9 Millfield, Lanchester, Durham, County Durham, DH7 0JD£210,000£205,000-£5,00019 Sep 202410 Jan 2025113 Days
44 Briardene, Lanchester, Durham, County Durham, DH7 0QD£449,950£430,000-£19,95029 Oct 202420 Dec 202452 Days
43 Durham Road, Lanchester, Durham, County Durham, DH7 0LR£160,000£160,000£027 Mar 202419 Aug 2024145 Days
30 Burnhopeside Avenue, Lanchester, Durham, County Durham, DH7 0ND£160,000£160,000£019 Mar 202403 Jul 2024106 Days
26 Oakwood, Lanchester, Durham, County Durham, DH7 0NP£165,000£162,000-£3,00001 Mar 202408 May 202468 Days
45 Humberhill Drive, Lanchester, Durham, County Durham, DH7 0HH£300,000£300,000£024 Jan 202402 Apr 202469 Days
1 Kitswell Road, Lanchester, Durham, County Durham, DH7 0JQ£235,000£228,000-£7,00020 Nov 202315 Mar 2024116 Days
5 Prospect Terrace, Lanchester, Durham, County Durham, DH7 0HF£187,995£185,000-£2,99518 Sep 202315 Mar 2024179 Days
36 Deanery View, Lanchester, Durham, County Durham, DH7 0NH£185,000£175,000-£10,00031 Oct 202301 Mar 2024122 Days
2 Percy Place, Lanchester, Durham, County Durham, DH7 0HP£170,000£170,000£014 Sep 202323 Feb 2024162 Days
Hillandale, Cadger Bank, Lanchester, Durham, County Durham, DH7 0HE£299,950£290,000-£9,95013 Sep 202313 Feb 2024153 Days
Peth Cottage, Peth Bank, Lanchester, Durham, County Durham, DH7 0NG£245,000£235,000-£10,00014 Sep 202309 Feb 2024148 Days
8 Woodlands, Lanchester, Durham, County Durham, DH7 0NS£375,000£360,000-£15,00026 Jul 202305 Jan 2024163 Days
3 Croft Court, Lanchester, Durham, County Durham, DH7 0JU£59,950£50,000-£9,95026 Apr 202305 Jan 2024254 Days
39 Durham Road, Lanchester, Durham, County Durham, DH7 0LR£120,000£100,000-£20,00021 Aug 202307 Dec 2023108 Days
21 Victoria Terrace, Lanchester, Durham, County Durham, DH7 0JB£239,950£239,950£019 Jul 202310 Nov 2023114 Days
1 Holmside Avenue, Lanchester, Durham, County Durham, DH7 0NB£150,000£145,000-£5,00017 Aug 202302 Nov 202377 Days

Most Expensive Streets in Lanchester

PostcodeStreetAreaAverageNo. of Sales
DH7 0BTThe PasturesDurham£369,53813
DH7 0SHFord RoadDurham£363,5003
DH7 0QELee Hill CourtDurham£327,3336
DH7 0HJColepike RoadDurham£280,0003
DH7 0NWGreenwell ParkDurham£271,2504
DH7 0JSAshdown GroveDurham£266,8577
DH7 0LWWest ViewDurham£241,2005
DH7 0PYAlderside CrescentDurham£220,0003
DH7 0HQWest DriveDurham£217,8577
DH7 0QDBriardeneDurham£217,7857

Least Expensive Streets in Lanchester

PostcodeStreetAreaAverageNo. of Sales
DH7 0JUCroft CourtKitswell Road£81,81811
DH7 0LZDenesideDurham£87,0333
DH7 0LUManor GrangeDurham£96,3256
DH7 0NFBurnhopeside AvenueDurham£105,3336
DH7 0HRThe GarthsDurham£122,7504
DH7 0PAAlderdeneDurham£126,7508
DH7 0LRDurham RoadDurham£129,4408
DH7 0PBNewbiggen LaneDurham£130,7506
DH7 0NDBurnhopeside AvenueDurham£134,0006
DH7 0SGRailway StreetDurham£143,5754

Explore Lanchester and Neighbouring Area House Prices

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