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Sedgefield House Prices Sedgefield House Prices

The average house price in Sedgefield is £186,990 using HM Land Registry data.

The average property price decreased by £65,721 (--26.15%) over the last 5 years and decreased by £13,135 (--6.61%) over the last 12 months.

Over the last year, there were 77 residential property sales – a decrease of 36 transactions (-46.75%) relative to the previous year. The majority of house sales (18) were in the £152,000 - £214,000 range. Then came properties in the £214,000 - £276,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,092 (-4%).

In April 2024, there were 9 new estate agency instructions, 10 agreed home sales and 5 property price reductions.

Postcodes Covered: TS21

5-Year Average Property Prices in Sedgefield

-26.15%

Property prices in Sedgefield decreased by -26.15% 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 Sedgefield Over the Last Year

-6.61%

Property prices in Sedgefield decreased by -6.61% 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 Sedgefield - 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 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 Sedgefield

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 Sedgefield

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 Sedgefield

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 Sedgefield since 1995

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

Recent Property Sales in Sedgefield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 10, Homebryth House, Front Street, Sedgefield, Stockton-on-tees, County Durham, TS21 3BW£69,950£69,950£0026 Sep 202304 Mar 2024160 Days
19 West End, Sedgefield, Stockton-on-tees, County Durham, TS21 2BW£134,950£134,950£0002 Aug 202320 Dec 2023140 Days
19 Hornby Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 2JH£215,000£210,000-£5,00012 Jun 202320 Dec 2023191 Days
28 Winterton Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 3NH£267,495£265,000-£2,49504 Aug 202319 Dec 2023137 Days
Flat 23, Homebryth House, Front Street, Sedgefield, Stockton-on-tees, County Durham, TS21 3BW£62,950£60,000-£2,95001 Sep 202315 Dec 2023105 Days
41 Mitford Court, Sedgefield, Stockton-on-tees, County Durham, TS21 2JE£275,000£265,000-£10,00025 Apr 202308 Dec 2023227 Days
5 Wellgarth Mews, Sedgefield, Stockton-on-tees, County Durham, TS21 3NN£129,950£110,000-£19,95022 Sep 202317 Nov 202356 Days
3 Hardwick Road, Sedgefield, Stockton-on-tees, County Durham, TS21 2AL£320,000£320,000£0015 Aug 202314 Nov 202391 Days
Doric House, West Park Lane, Sedgefield, Stockton-on-tees, County Durham, TS21 2BX£345,000£260,000-£85,00027 Nov 202207 Nov 2023345 Days
9 St Edmunds Green, Sedgefield, Stockton-on-tees, County Durham, TS21 3HT£350,000£325,000-£25,00025 May 202320 Oct 2023148 Days
59 The Gables, Sedgefield, Stockton-on-tees, County Durham, TS21 3EU£135,000£135,000£0016 Jun 202320 Oct 2023126 Days
8 Hasledon Grove, Sedgefield, Stockton-on-tees, County Durham, TS21 2JW£145,000£145,000£0015 Jul 202306 Oct 202383 Days
23 St Edmunds Green, Sedgefield, Stockton-on-tees, County Durham, TS21 3HT£335,000£335,000£0020 Apr 202329 Sep 2023162 Days
3 Beacon Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 3AA£249,950£249,950£0011 May 202329 Sep 2023141 Days
17 East Parade, Sedgefield, Stockton-on-tees, County Durham, TS21 3AX£166,000£165,000-£1,00010 May 202328 Sep 2023141 Days
9 Beacon Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 3AA£199,950£195,000-£4,95009 Jun 202301 Sep 202384 Days
8 Elm Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 3DE£139,950£137,950-£2,00017 Feb 202301 Sep 2023196 Days
16 Beaumont Court, Sedgefield, Stockton-on-tees, County Durham, TS21 3AJ£185,000£180,000-£5,00028 Apr 202330 Aug 2023124 Days
6 St Edmunds Green, Sedgefield, Stockton-on-tees, County Durham, TS21 3HT£350,000£340,000-£10,00015 Feb 202321 Aug 2023187 Days
68 Winterton Avenue, Sedgefield, Stockton-on-tees, County Durham, TS21 3NH£310,000£307,000-£3,00011 Apr 202304 Aug 2023115 Days

Most Expensive Streets in Sedgefield

PostcodeStreetAreaAverageNo. of Sales
TS21 2JPFarrier CloseSedgefield£353,57731
TS21 2BFSaddler DriveSedgefield£345,87118
TS21 2JYCordwainer GroveSedgefield£344,6663
TS21 2JQSaddler DriveSedgefield£337,6886
TS21 2BAWest Park LaneSedgefield£324,7016
TS21 3BTNorth EndSedgefield£322,2504
TS21 3HTSt Edmunds GreenSedgefield£321,2857
TS21 2JJQueens DriveSedgefield£317,6663
TS21 3DWDurham RoadSedgefield£306,9333
TS21 2DUCragsideSedgefield£282,4874

Least Expensive Streets in Sedgefield

PostcodeStreetAreaAverageNo. of Sales
TS21 3EHWoodland MewsSedgefield£66,2787
TS21 2EEThe WillowsSedgefield£69,0663
TS21 3BWHomebryth HouseFront Street, Sedgefield£70,73119
TS21 3BPCunningham CourtSedgefield£94,56811
TS21 2EBThurlow RoadSedgefield£100,6254
TS21 3NJWinterton AvenueSedgefield£104,9916
TS21 3EUThe GablesSedgefield£110,91624
TS21 2JDMilbourne CourtSedgefield£113,7504
TS21 2DXEden DriveSedgefield£122,2857
TS21 2EGKerr CrescentSedgefield£128,7374

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