House prices in DH1 2 (Durham)

This article reveals price per square foot data and various charts to help you understand current housing market in 'DH1 2' (Durham) - statistics were last calculated on 30 August 2024.


Defining 'DH1 2'

This analysis is limited to properties whose postcode starts with "DH1 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Durham.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Durham is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 1, Church View, Durham, sold for £190,000 on Jun-2024. Given the internal area of 818 square feet, the price per sqft is £232.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £218-£232, £232-£246, £246-£260 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 140 sales in Durham (DH1 2) that took place in the last two years.

Distribution of £ per sqft for Durham
Distribution of £ per sqft house prices in Durham

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Durham (DH1 2). Of the 140 transactions, half were sold for between £161 and £245 per square foot. The median, or 'middle', price per square foot in 'DH1 2' is £204. Notably, only 25% of properties that sold recently were valued at more than £245 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Durham

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Durham. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Durham
House price heatmap for Durham

Comparison with neighbouring postcode sectors

The table below shows how 'DH1 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DH1 1 Durham £160 sqft £191 sqft £244 sqft
DH1 2 Durham £161 sqft £204 sqft £245 sqft
DH1 3 Durham £237 sqft £303 sqft £345 sqft
DH1 4 Durham £234 sqft £266 sqft £314 sqft
DH1 5 Durham £175 sqft £214 sqft £257 sqft

Will Durham house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for DH1 2 (Durham) compared with both the wider area DH1 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Durham,Durham
House price trends for Durham

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent DH1 2 sales
Recent trends for Durham

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Durham to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Durham and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqft Recent sales
Devonshire Road, Durham, DH1 2B 0 sqft £195 16
Broomside Lane, Durham, DH1 2Q 0 sqft £147 15
Thorndale Road, Durham, DH1 2A 0 sqft £182 12
Habgood Drive, Durham, DH1 2T 764 sqft £176 12
Herons Court, Durham, DH1 2H 0 sqft £146 9
Dinsdale Drive, Durham, DH1 2T 828 sqft £202 8
Buckinghamshire Road, Durham, DH1 2B 0 sqft £192 6
Avenue Street, Durham, DH1 2P 925 sqft £183 6

Search for your street here.

Raw data

Our analysis of Durham is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqft £/sqft
1, Church View, Durham £190,000
Jun-2024
818 232
8, Beechdale Rd, Durham £187,000
May-2024
1,087 171
23, Ferndale, Durham £220,000
May-2024
1,108 198

See the entire list of all sales in Durham (DH1 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.