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Leadgate House Prices

The average house price in Leadgate is £150,000 using HM Land Registry data.

The average property price increased by £29,152 (39.83%) over the last 5 years and increased by £5,827 (6.04%) over the last 12 months.

Over the last year, there were 26 residential property sales – a decrease of 40 transactions (-153.85%) relative to the previous year. The majority of house sales (8) were in the £62,000 - £84,000 range. Then came properties in the £84,000 - £106,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 20 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,029 (-3%).

In April 2024, there were 4 new estate agency instructions, 7 agreed home sales and 2 property price reductions.

5-Year Average Property Prices in Leadgate

39.83%

Property prices in Leadgate increased by 39.83% 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 Leadgate Over the Last Year

6.04%

Property prices in Leadgate increased by 6.04% 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 Leadgate - 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Leadgate

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 Leadgate

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 Leadgate

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 Leadgate since 1995

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

Recent Property Sales in Leadgate

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
23 Second Street, Watling Street Bungalows, Consett, County Durham, DH8 6HP	£110,000	£110,000	£00	28 Sep 2023	16 Feb 2024	141 Days
14 Pont Road, Consett, County Durham, DH8 6HE	£170,000	£170,000	£00	10 Aug 2023	11 Dec 2023	123 Days
52 Willow Crescent, Consett, County Durham, DH8 7RQ	£132,950	£130,000	-£2,950	27 Sep 2023	01 Dec 2023	65 Days
39 Willow Crescent, Consett, County Durham, DH8 7RQ	£122,500	£117,000	-£5,500	06 Jul 2023	27 Oct 2023	113 Days
89 Dunelm Walk, Consett, County Durham, DH8 7QU	£100,000	£95,000	-£5,000	06 Apr 2023	29 Sep 2023	176 Days
22 Church Street, Leadgate, Consett, County Durham, DH8 6DY	£105,000	£100,750	-£4,250	06 Feb 2023	26 Sep 2023	232 Days
36 St Ives Gardens, Leadgate, Consett, County Durham, DH8 7PQ	£110,000	£95,000	-£15,000	18 May 2023	15 Sep 2023	120 Days
77 Front Street, Leadgate, Consett, County Durham, DH8 7SF	£79,900	£70,000	-£9,900	21 Feb 2023	04 Aug 2023	164 Days
6 Bluebell Close, Leadgate, Consett, County Durham, DH8 7GA	£125,000	£121,500	-£3,500	02 Dec 2022	20 Jul 2023	230 Days
7 Plantation Street, Consett, County Durham, DH8 7PP	£95,000	£95,000	£00	22 Feb 2023	27 Jun 2023	125 Days
183 Durham Road, Leadgate, Consett, County Durham, DH8 7QZ	£150,000	£142,000	-£8,000	02 Aug 2022	30 May 2023	301 Days
18 Dere Park, Leadgate, Consett, County Durham, DH8 6DG	£130,000	£110,000	-£20,000	08 Nov 2022	21 Apr 2023	164 Days
6 Lilac Place, Consett, County Durham, DH8 7RD	£79,950	£75,000	-£4,950	30 Sep 2022	13 Mar 2023	164 Days
17 Fourth Street, Watling Street Bungalows, Consett, County Durham, DH8 6HX	£85,000	£75,000	-£10,000	11 May 2022	20 Jan 2023	254 Days
14 Bluebell Close, Leadgate, Consett, County Durham, DH8 7GA	£120,000	£116,000	-£4,000	19 Aug 2022	15 Dec 2022	118 Days
35 St Ives Gardens, Leadgate, Consett, County Durham, DH8 7PQ	£180,000	£176,000	-£4,000	13 Sep 2022	09 Dec 2022	87 Days
18 St Ives Gardens, Leadgate, Consett, County Durham, DH8 7PQ	£140,000	£137,500	-£2,500	28 May 2022	28 Nov 2022	184 Days
39 Dere Park, Leadgate, Consett, County Durham, DH8 6DG	£89,950	£89,950	£00	03 Aug 2022	09 Nov 2022	98 Days
22 Fourth Street, Watling Street Bungalows, Consett, County Durham, DH8 6HX	£90,000	£78,020	-£11,980	25 May 2022	09 Nov 2022	168 Days
199 Durham Road, Leadgate, Consett, County Durham, DH8 7QZ	£100,000	£100,000	£00	19 May 2022	10 Oct 2022	144 Days

Most Expensive Streets in Leadgate

Postcode	Street	Area	Average	No. of Sales
DH8 7PQ	St Ives Gardens	Leadgate	£143,071	7
DH8 6HE	Pont Road	Consett	£134,750	4
DH8 7QB	St Ives Road	Consett	£132,928	7
DH8 7RJ	Durham Road	Leadgate	£111,333	3
DH8 7QX	Durham Road	Leadgate	£109,410	5
DH8 6HB	Tyne Avenue	Consett	£108,983	3
DH8 7QZ	Durham Road	Leadgate	£102,600	5
DH8 6DG	Dere Park	Leadgate	£101,590	5
DH8 7GA	Bluebell Close	Leadgate	£100,681	11
DH8 7RG	Laurel Drive	Consett	£97,250	6

Least Expensive Streets in Leadgate

Postcode	Street	Area	Average	No. of Sales
DH8 7QL	Ash Terrace	Consett	£38,874	4
DH8 6DT	North Cross Street	Consett	£41,333	3
DH8 7QG	Ridley Terrace	Consett	£51,666	3
DH8 6HS	Third Street	Consett	£58,083	6
DH8 6DY	Church Street	Leadgate	£59,875	6
DH8 6DJ	South Cross Street	Consett	£62,888	9
DH8 7RT	Park Villas	Consett	£64,000	3
DH8 6EZ	Eden Avenue	Consett	£70,000	3
DH8 7PL	Baker Street	Consett	£70,875	4
DH8 6HX	Fourth Street	Watling Street Bungalows, Consett	£73,852	7