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Stanley House Prices Stanley House Prices

The average house price in Stanley is £99,627 using HM Land Registry data.

The average property price decreased by £1,008 (--0.93%) over the last 5 years and decreased by £202 (--0.19%) over the last 12 months.

Over the last year, there were 213 residential property sales – a decrease of 108 transactions (-50.70%) relative to the previous year. The majority of house sales (63) were in the £74,000 - £108,000 range. Then came properties in the £40,000 - £74,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,027 (-3%).

In April 2024, there were 29 new estate agency instructions, 26 agreed home sales and 17 property price reductions.

Neighbouring Areas: Annfield Plain

Postcodes Covered: DH9, DL16

5-Year Average Property Prices in Stanley

-0.93%

Property prices in Stanley decreased by -0.93% 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 Stanley Over the Last Year

-0.19%

Property prices in Stanley decreased by -0.19% 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 Stanley - 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 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 Stanley

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 Stanley

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 Stanley

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 Stanley since 1995

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

Recent Property Sales in Stanley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Jane Street, Stanley, County Durham, DH9 7BH£40,000£33,100-£6,90016 Oct 202314 Mar 2024150 Days
11 Clark Terrace, Stanley, County Durham, DH9 0LQ£135,000£132,000-£3,00031 Jul 202323 Feb 2024207 Days
15 Fern Avenue, Stanley, County Durham, DH9 7QY£55,000£52,000-£3,00007 Jul 202319 Feb 2024227 Days
3 Kay Street, Stanley, County Durham, DH9 0PE£59,950£56,000-£3,95002 Oct 202312 Feb 2024133 Days
67 Lenin Terrace, Stanley, County Durham, DH9 6LW£84,995£84,995£0005 Sep 202309 Feb 2024157 Days
62 Bircham Street, Stanley, County Durham, DH9 7AE£70,000£67,000-£3,00026 Oct 202309 Feb 2024106 Days
45 Wear Road, Stanley, County Durham, DH9 6HH£89,950£87,000-£2,95026 Sep 202329 Jan 2024125 Days
15 Coniscliffe Road, Stanley, County Durham, DH9 7RF£160,000£154,000-£6,00006 Jun 202329 Jan 2024237 Days
13 Wansbeck Avenue, Stanley, County Durham, DH9 6HR£85,000£78,000-£7,00020 Sep 202326 Jan 2024128 Days
11 Gibside Close, Stanley, County Durham, DH9 0UX£115,000£102,000-£13,00006 Sep 202318 Jan 2024134 Days
9 Coates Close, Stanley, County Durham, DH9 6XA£104,995£98,000-£6,99502 Nov 202317 Jan 202476 Days
12 Ridley Street, Stanley, County Durham, DH9 0PD£65,000£62,500-£2,50028 Sep 202311 Jan 2024105 Days
88 Hollyhill Gardens West, Stanley, County Durham, DH9 6NP£94,950£94,950£0028 Sep 202320 Dec 202383 Days
49 Third Street, Quaking Houses, Stanley, County Durham, DH9 7HA£52,000£50,000-£2,00006 Nov 202319 Dec 202343 Days
22 Arnold Close, Stanley, County Durham, DH9 6TX£105,000£100,000-£5,00026 Sep 202319 Dec 202384 Days
9 Aidan Close, Stanley, County Durham, DH9 0UD£100,000£95,000-£5,00027 Jun 202318 Dec 2023174 Days
2 Westfields, Stanley, County Durham, DH9 7BW£95,000£93,000-£2,00014 Oct 202315 Dec 202362 Days
10 Robert Terrace, Stanley, County Durham, DH9 0ER£120,000£120,000£0018 Jul 202307 Dec 2023142 Days
52 Sheridan Drive, Stanley, County Durham, DH9 6YU£205,000£200,000-£5,00023 Jun 202329 Nov 2023159 Days
46 Mitchell Street, South Moor, Stanley, County Durham, DH9 7BQ£65,000£65,000£0001 Aug 202328 Nov 2023119 Days

Most Expensive Streets in Stanley

PostcodeStreetAreaAverageNo. of Sales
DH9 0HRBadgers WoodStanley£245,0836
DH9 8BNThe BarnsStanley£217,60010
DH9 6BZKershope WalkThe Middles£204,9656
DH9 0PNMurray ParkStanley£200,29615
DH9 0JUStation RoadStanley£195,0004
DH9 8NLOrchard GroveStanley£192,55518
DH9 7EEDerwent RiseStanley£191,9905
DH9 8NYOrchard GroveStanley£190,96113
DH9 0PUMurray ParkStanley£189,63214
DH9 6YZMowlam DriveStanley£185,4166

Least Expensive Streets in Stanley

PostcodeStreetAreaAverageNo. of Sales
DH9 7QWRydal AvenueStanley£32,8624
DH9 7BBPine StreetStanley£33,2484
DH9 7QPGrasmere TerraceStanley£33,4878
DH9 7HBFourth StreetQuaking Houses£34,3333
DH9 7BJWilliam StreetSouth Moor£35,6005
DH9 7AGMoore StreetStanley£35,8333
DH9 7EBElm StreetSouth Moor£38,1878
DH9 7BDPine StreetStanley£38,2005
DH9 7BHJane StreetStanley£38,2754
DH9 7AYPoplar StreetStanley£38,49910

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