Shildon House Prices Shildon House Prices

The average house price in Shildon is £78,499 using HM Land Registry data.

The average property price increased by £8,779 (9.77%) over the last 5 years and increased by £1,755 (1.81%) over the last 12 months.

Over the last year, there were 145 residential property sales – a decrease of 10 transactions (-6.90%) relative to the previous year. The majority of house sales (55) were in the £40,000 - £74,000 range. Then came properties in the £74,000 - £108,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,550 (-5%).

In Oct 24, there were 21 new estate agency instructions, 18 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in Shildon

9.77%

Property prices in Shildon increased by 9.77% 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

1.81%

Property prices in Shildon increased by 1.81% 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 - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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
46 Dale Road, Shildon, County Durham, DL4 2LA£50,000£50,000£0021 Feb 202410 Jul 2024140 Days
9 Drybourne Park, Shildon, County Durham, DL4 1JA£145,000£135,000-£10,00029 Sep 202324 May 2024238 Days
3 Royal George Close, Shildon, County Durham, DL4 2NE£240,000£235,000-£5,00013 Aug 202323 Apr 2024254 Days
88 Coronation Avenue, Shildon, County Durham, DL4 2AY£70,000£70,000£0006 Mar 202423 Apr 202448 Days
2 Alexandra Street, Shildon, County Durham, DL4 2EY£62,500£57,000-£5,50026 Jul 202308 Apr 2024257 Days
107 Byerley Road, Shildon, County Durham, DL4 1HU£70,000£66,000-£4,00026 Apr 202304 Mar 2024313 Days
2 Rosedale Crescent, Shildon, County Durham, DL4 2AW£80,000£70,000-£10,00003 Nov 202309 Feb 202498 Days
64 Redworth Road, Shildon, County Durham, DL4 2JJ£70,000£64,000-£6,00017 May 202307 Feb 2024266 Days
38 Primrose Drive, Shildon, County Durham, DL4 2JQ£120,000£115,000-£5,00010 Aug 202326 Jan 2024169 Days
7 Busty Terrace, Shildon, County Durham, DL4 1BG£99,950£99,000-£95024 Jul 202326 Jan 2024186 Days
4 Foxglove Way, Shildon, County Durham, DL4 2DZ£100,000£100,000£0026 Aug 202326 Jan 2024153 Days
48 St Johns Road, Shildon, County Durham, DL4 1LU£130,000£130,000£0011 Nov 202326 Jan 202476 Days
11 Dale Road, Shildon, County Durham, DL4 2LB£80,000£76,000-£4,00006 Jul 202319 Jan 2024197 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
23 Pearl Street, Shildon, County Durham, DL4 1JB£60,000£58,500-£1,50026 May 202317 Nov 2023175 Days
31 Byerley Road, Shildon, County Durham, DL4 1JH£75,500£62,000-£13,50010 Feb 202310 Nov 2023273 Days

Most Expensive Streets in Shildon

PostcodeStreetAreaAverageNo. of Sales
DL4 2GXRaven CourtShildon£252,15015
DL4 2BFSturrock CourtShildon£249,9663
DL4 1LNFulton CourtShildon£240,7504
DL4 2LXBaysdale GardensShildon£199,9505
DL4 2NERoyal George CloseShildon£175,0003
DL4 1DLCentral ParadeShildon£174,6663
DL4 2GLIvatt WalkShildon£170,37510
DL4 2GBDrummond WayShildon£165,46315
DL4 2GHGresley DriveShildon£164,56711
DL4 2GUWordsell WayShildon£162,0559

Least Expensive Streets in Shildon

PostcodeStreetAreaAverageNo. of Sales
DL4 2JXThomas StreetShildon£34,6427
DL4 2JLRedworth RoadShildon£36,3333
DL4 2JNAdamson StreetShildon£36,3717
DL4 1NGJohn StreetShildon£37,3124
DL4 2EFJubilee RoadShildon£37,7504
DL4 1JDRuby StreetShildon£38,5995
DL4 2JYKilburn StreetShildon£40,6254
DL4 1RHByerley CourtShildon£40,8756
DL4 1AABurke StreetShildon£43,1663
DL4 1DACo Operative StreetShildon£43,3333

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