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Pelton and Ouston House Prices

The average house price in Pelton and Ouston is £174,375 using HM Land Registry data.

The average property price increased by £51,976 (37.55%) over the last 5 years and increased by £10,414 (5.79%) over the last 12 months.

Over the last year, there were 72 residential property sales – a decrease of 61 transactions (-84.72%) relative to the previous year. The majority of house sales (16) were in the £114,000 - £148,000 range. Then came properties in the £148,000 - £182,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 212 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,735 (-2%).

In March 2025, there were 18 new estate agency instructions, 6 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in Pelton and Ouston

37.55%

Property prices in Pelton and Ouston increased by 37.55% 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 Pelton and Ouston Over the Last Year

5.79%

Property prices in Pelton and Ouston increased by 5.79% 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 Pelton and Ouston - March 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 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 Pelton and Ouston

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 Pelton and Ouston

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 Pelton and Ouston

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 Pelton and Ouston since 1995

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

Recent Property Sales in Pelton and Ouston

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Aspen Drive, High Hold, Chester Le Street, County Durham, DH2 1FL	£350,000	£65,000	-£285,000	29 Jun 2023	14 Feb 2025	596 Days
12 Wansbeck Close, Pelton, Chester Le Street, County Durham, DH2 1ER	£160,000	£155,000	-£5,000	23 Sep 2024	13 Feb 2025	143 Days
38 Coldstream, Ouston, Chester Le Street, County Durham, DH2 1LH	£190,000	£190,000	£0	22 Aug 2024	17 Jan 2025	148 Days
157 Thorntons Close, Pelton, Chester Le Street, County Durham, DH2 1QJ	£99,950	£94,000	-£5,950	31 Oct 2023	10 Jan 2025	437 Days
31 Courtney Drive, Pelton, Chester Le Street, County Durham, DH2 1JB	£150,000	£150,000	£0	10 Jul 2024	16 Dec 2024	159 Days
60 Hylton Terrace, Pelton, Chester Le Street, County Durham, DH2 1DS	£70,000	£67,000	-£3,000	23 Aug 2024	16 Dec 2024	115 Days
165 Thorntons Close, Pelton, Chester Le Street, County Durham, DH2 1QH	£145,000	£138,000	-£7,000	08 Jul 2024	15 Nov 2024	130 Days
2 Iris Crescent, Ouston, Chester Le Street, County Durham, DH2 1RJ	£110,000	£107,000	-£3,000	27 Jun 2024	15 Nov 2024	141 Days
68 The Oval, Ouston, Chester Le Street, County Durham, DH2 1RN	£125,000	£122,500	-£2,500	26 Jun 2024	28 Oct 2024	124 Days
2 Alford, Ouston, Chester Le Street, County Durham, DH2 1RT	£200,000	£200,000	£0	08 Jul 2024	25 Oct 2024	109 Days
4 Prebend Row, Pelton, Chester Le Street, County Durham, DH2 1NH	£280,000	£260,000	-£20,000	23 Apr 2024	23 Aug 2024	122 Days
150 Thorntons Close, Pelton, Chester Le Street, County Durham, DH2 1QJ	£129,950	£129,950	£0	12 Jun 2024	21 Aug 2024	70 Days
7 Barbary Close, Pelton, Chester Le Street, County Durham, DH2 1EL	£120,000	£120,000	£0	28 Jan 2024	26 Jul 2024	180 Days
16 Arisaig, Ouston, Chester Le Street, County Durham, DH2 1RQ	£200,000	£195,000	-£5,000	23 Dec 2023	15 Jul 2024	205 Days
20 Thornton Lea, Pelton, Chester Le Street, County Durham, DH2 1UN	£187,500	£182,000	-£5,500	26 Feb 2024	12 Jul 2024	137 Days
9 The Parade, Pelton, Chester Le Street, County Durham, DH2 1NF	£135,000	£129,000	-£6,000	01 Dec 2023	27 Jun 2024	209 Days
34 Aberfoyle, Ouston, Chester Le Street, County Durham, DH2 1RH	£199,950	£199,950	£0	06 Dec 2023	16 Apr 2024	132 Days
26 Brackenbeds Close, Pelton, Chester Le Street, County Durham, DH2 1XH	£250,000	£250,000	£0	18 Oct 2023	22 Mar 2024	156 Days
47 Coldstream, Ouston, Chester Le Street, County Durham, DH2 1LH	£270,000	£265,000	-£5,000	06 Nov 2023	15 Mar 2024	130 Days
28 Fieldside, Pelton, Chester Le Street, County Durham, DH2 1DY	£135,000	£135,000	£0	23 Nov 2023	12 Mar 2024	110 Days

Most Expensive Streets in Pelton and Ouston

Postcode	Street	Area	Average	No. of Sales
DH2 1LS	Turnberry	Ouston	£301,250	4
DH2 1LR	Turnberry	Ouston	£273,888	9
DH2 1FL	Aspen Drive	High Hold	£241,838	50
DH2 1SA	Rothesay	Ouston	£241,500	4
DH2 1FN	Larch Way	High Hold	£239,906	22
DH2 1LA	Cromarty	Ouston	£234,500	6
DH2 1TP	Woodlands	Ouston	£231,000	5
DH2 1XH	Brackenbeds Close	Pelton	£229,716	9
DH2 1NA	Heathmeads	Pelton	£227,833	6
DH2 1FH	Rowan Walk	High Hold	£220,388	9

Least Expensive Streets in Pelton and Ouston

Postcode	Street	Area	Average	No. of Sales
DH2 1DU	Ernest Street	Pelton	£55,583	3
DH2 1QZ	Abington	Ouston	£58,666	6
DH2 1ED	Orchard Street	Pelton	£59,000	3
DH2 1DS	Hylton Terrace	Pelton	£61,590	11
DH2 1EA	Grange Street	Pelton	£67,862	4
DH2 1DZ	Southfield	Pelton	£68,000	4
DH2 1DT	The Avenue	Pelton	£68,312	4
DH2 1EE	Wood Street	Pelton	£68,400	5
DH2 1RL	Primrose Gardens	Ouston	£73,625	4
DH2 1QW	Front Street	Perkinsville	£77,790	5