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Shildon House Prices Shildon House Prices

The average house price in Shildon is £121,400 using HM Land Registry data.

The average property price decreased by £13,078 (--13.15%) over the last 5 years and decreased by £2,613 (--2.94%) over the last 12 months.

Over the last year, there were 140 residential property sales – a decrease of 15 transactions (-10.71%) relative to the previous year. The majority of house sales (36) were in the £60,000 - £80,000 range. Then came properties in the £40,000 - £60,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 26 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,550 (-5%).

In April 2024, there were 29 new estate agency instructions, 17 agreed home sales and 9 property price reductions.

Postcodes Covered: DL4

5-Year Average Property Prices in Shildon

-13.15%

Property prices in Shildon decreased by -13.15% 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 Shildon Over the Last Year

-2.94%

Property prices in Shildon decreased by -2.94% 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 Shildon - 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 Shildon

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 Shildon

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 Shildon

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 Shildon since 1995

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

Recent Property Sales in Shildon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
107 Byerley Road, Shildon, County Durham, DL4 1HU£70,000£66,000-£4,00026 Apr 202304 Mar 2024313 Days
64 Redworth Road, Shildon, County Durham, DL4 2JJ£70,000£64,000-£6,00017 May 202307 Feb 2024266 Days
11 Granville Avenue, Shildon, County Durham, DL4 1JN£360,000£350,000-£10,00029 Jan 202318 Dec 2023323 Days
13 Pears Terrace, Shildon, County Durham, DL4 2JA£92,500£88,000-£4,50013 Sep 202312 Dec 202390 Days
12 All Saints Road, Shildon, County Durham, DL4 2JU£80,000£80,000£0020 Sep 202308 Dec 202379 Days
15 Oxford Street, Shildon, County Durham, DL4 1HR£220,000£210,000-£10,00028 Aug 202308 Dec 2023102 Days
114 Byerley Road, Shildon, County Durham, DL4 1HP£135,000£130,000-£5,00031 Aug 202324 Nov 202385 Days
31 Byerley Road, Shildon, County Durham, DL4 1JH£75,500£62,000-£13,50010 Feb 202310 Nov 2023273 Days
1 Burke Street, Shildon, County Durham, DL4 1AA£64,995£60,000-£4,99524 Oct 201710 Nov 20232208 Days
24 Granville Avenue, Shildon, County Durham, DL4 1JN£134,950£133,000-£1,95024 Feb 202310 Nov 2023259 Days
18 Windsor Court, Shildon, County Durham, DL4 1PP£72,000£22,350-£49,65013 May 201609 Nov 20232736 Days
8 Tomlin Street, Shildon, County Durham, DL4 2JG£65,000£59,000-£6,00019 May 202303 Nov 2023168 Days
10 Windsor Court, Shildon, County Durham, DL4 1PP£139,950£136,000-£3,95006 May 202330 Oct 2023177 Days
77 Burnie Gardens, Shildon, County Durham, DL4 1NB£115,000£107,000-£8,00021 Jul 202327 Oct 202398 Days
73 Byerley Road, Shildon, County Durham, DL4 1JH£88,000£85,000-£3,00013 Jun 202320 Oct 2023129 Days
53 Dale Road, Shildon, County Durham, DL4 2LD£75,000£75,000£0014 Jun 202329 Sep 2023107 Days
Shuna, St Johns Road, Shildon, County Durham, DL4 1LT£220,000£197,500-£22,50007 Sep 202329 Sep 202322 Days
18 Granville Avenue, Shildon, County Durham, DL4 1JN£120,000£120,000£0010 Jul 202328 Sep 202380 Days
4 Queensway, Shildon, County Durham, DL4 2BQ£59,950£57,000-£2,95015 Jun 202322 Sep 202399 Days
74 Main Street, Shildon, County Durham, DL4 1AQ£54,950£50,000-£4,95026 Sep 202206 Sep 2023345 Days

Most Expensive Streets in Shildon

PostcodeStreetAreaAverageNo. of Sales
DL4 2GXRaven CourtShildon£251,6169
DL4 1LNFulton CourtShildon£240,7504
DL4 2BFSturrock CourtShildon£224,04511
DL4 2LXBaysdale GardensShildon£199,9505
DL4 2GHGresley DriveShildon£168,5329
DL4 2GUWordsell WayShildon£162,0559
DL4 2GBDrummond WayShildon£158,63315
DL4 2GAAdams CourtShildon£154,6119
DL4 2GLIvatt WalkShildon£148,9857
DL4 2GPPeppercorn CloseShildon£146,48933

Least Expensive Streets in Shildon

PostcodeStreetAreaAverageNo. of Sales
DL4 2JXThomas StreetShildon£33,1669
DL4 2JNAdamson StreetShildon£35,0166
DL4 2JLRedworth RoadShildon£36,3333
DL4 1NGJohn StreetShildon£37,3124
DL4 2EFJubilee RoadShildon£37,6663
DL4 1JDRuby StreetShildon£38,5995
DL4 1AUWaterloo TerraceShildon£38,8313
DL4 2JYKilburn StreetShildon£40,6254
DL4 1RHByerley CourtShildon£40,7505
DL4 2JWBouch StreetShildon£41,0378

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