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Shiney Row and Penshaw House Prices

The average house price in Shiney Row and Penshaw is £161,730 using HM Land Registry data.

The average property price increased by £41,549 (31.09%) over the last 5 years and increased by £8,325 (4.99%) over the last 12 months.

Over the last year, there were 128 residential property sales – a decrease of 8 transactions (-6.25%) relative to the previous year. The majority of house sales (40) were in the £70,000 - £116,000 range. Then came properties in the £116,000 - £162,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 182 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,601 (-4%).

In March 2025, there were 45 new estate agency instructions, 28 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in Shiney Row and Penshaw

31.09%

Property prices in Shiney Row and Penshaw increased by 31.09% 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 Shiney Row and Penshaw Over the Last Year

4.99%

Property prices in Shiney Row and Penshaw increased by 4.99% 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 Shiney Row and Penshaw - 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 Shiney Row and Penshaw

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 Shiney Row and Penshaw

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 Shiney Row and Penshaw

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 Shiney Row and Penshaw since 1995

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

Recent Property Sales in Shiney Row and Penshaw

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
14 Avondale Avenue, Houghton Le Spring, Tyne And Wear, DH4 7QR	£160,000	£158,000	-£2,000	29 Oct 2024	14 Feb 2025	108 Days
2 Larkfield Crescent, Houghton Le Spring, Tyne And Wear, DH4 4PD	£110,000	£105,000	-£5,000	01 Nov 2024	31 Jan 2025	91 Days
34 Ross Lea, Houghton Le Spring, Tyne And Wear, DH4 4PQ	£185,000	£180,000	-£5,000	02 Aug 2024	31 Jan 2025	182 Days
148 Weymouth Drive, Houghton Le Spring, Tyne And Wear, DH4 7TZ	£300,000	£300,000	£0	01 Aug 2024	18 Dec 2024	139 Days
20 Weymouth Drive, Houghton Le Spring, Tyne And Wear, DH4 7TQ	£350,000	£348,000	-£2,000	20 Jul 2024	16 Dec 2024	149 Days
1 Bigbury Close, Houghton Le Spring, Tyne And Wear, DH4 4XP	£250,000	£248,000	-£2,000	17 Jul 2024	06 Dec 2024	142 Days
56 Fenton Terrace, Houghton Le Spring, Tyne And Wear, DH4 7AZ	£79,950	£74,500	-£5,450	04 Jul 2024	15 Nov 2024	134 Days
53 Bourn Lea, Houghton Le Spring, Tyne And Wear, DH4 4PG	£139,950	£130,000	-£9,950	20 Feb 2024	07 Nov 2024	261 Days
40 Tynedale Crescent, Houghton Le Spring, Tyne And Wear, DH4 7RP	£129,999	£129,999	£0	14 Aug 2024	05 Nov 2024	83 Days
26 Helmsley Close, Houghton Le Spring, Tyne And Wear, DH4 7ND	£117,500	£112,500	-£5,000	22 May 2024	28 Oct 2024	159 Days
18 Bowes Lea, Houghton Le Spring, Tyne And Wear, DH4 4PR	£190,000	£190,000	£0	09 Jun 2024	24 Oct 2024	137 Days
26 Bowes Lea, Houghton Le Spring, Tyne And Wear, DH4 4PR	£175,000	£170,000	-£5,000	01 Aug 2024	24 Oct 2024	84 Days
16 Trinity Park, Houghton Le Spring, Tyne And Wear, DH4 4UL	£280,000	£273,000	-£7,000	19 Feb 2024	17 Oct 2024	241 Days
Holly House, Westcott Terrace, Houghton Le Spring, Tyne And Wear, DH4 7EW	£374,950	£360,000	-£14,950	10 May 2024	16 Aug 2024	98 Days
29 Trinity Park, Houghton Le Spring, Tyne And Wear, DH4 4UL	£210,000	£210,000	£0	02 Nov 2023	26 Jul 2024	267 Days
3 Dainton Close, Houghton Le Spring, Tyne And Wear, DH4 4XX	£140,000	£136,000	-£4,000	16 Feb 2024	15 Jul 2024	150 Days
4 Bigbury Close, Houghton Le Spring, Tyne And Wear, DH4 4XP	£275,000	£270,000	-£5,000	18 Mar 2024	12 Jul 2024	116 Days
13 Lanton Street, Houghton Le Spring, Tyne And Wear, DH4 7BA	£115,000	£113,000	-£2,000	20 Apr 2024	12 Jul 2024	83 Days
2 Best View, Houghton Le Spring, Tyne And Wear, DH4 7QW	£89,950	£84,000	-£5,950	18 Oct 2023	01 Jul 2024	257 Days
47 Cottonwood, Houghton Le Spring, Tyne And Wear, DH4 7TA	£215,000	£214,000	-£1,000	06 Feb 2024	28 Jun 2024	143 Days

Most Expensive Streets in Shiney Row and Penshaw

Postcode	Street	Area	Average	No. of Sales
DH4 4HH	Sunderland Road	Newbottle	£441,250	4
DH4 7TU	Aspen Close	Shiney Row	£401,750	4
DH4 7ER	Old Penshaw	Houghton Le Spring	£381,250	4
DH4 7TZ	Weymouth Drive	Houghton Le Spring	£349,363	11
DH4 4HU	Grange View	Newbottle	£310,333	3
DH4 7SP	Cross Rigg Close	Penshaw	£308,666	6
DH4 4QQ	Lytham Grange	Shiney Row	£296,666	3
DH4 7TQ	Weymouth Drive	Houghton Le Spring	£292,130	15
DH4 7RY	Baulkham Hills	Penshaw	£276,750	3
DH4 4UN	Trinity Park	Houghton Le Spring	£272,400	5

Least Expensive Streets in Shiney Row and Penshaw

Postcode	Street	Area	Average	No. of Sales
DH4 4ET	Charles Street	Houghton Le Spring	£55,666	3
DH4 7BB	Railway Terrace North	New Herrington	£58,837	12
DH4 7LH	Barrack Row	Houghton Le Spring	£64,100	5
DH4 4JR	South View	Shiney Row	£71,649	3
DH4 7AZ	Fenton Terrace	Houghton Le Spring	£72,750	6
DH4 7HL	Alexandra Terrace	Penshaw	£73,714	7
DH4 7BD	Railway Terrace	New Herrington	£75,305	10
DH4 4PA	Hunter Street	Houghton Le Spring	£77,333	3
DH4 7HA	Rose Street East	Penshaw	£78,300	5
DH4 7EY	Front Street West	Penshaw	£79,500	4