House prices in DH1 3 (Durham)

This article reveals price per square metre data and various charts to help you understand current housing market in Durham (DH1 3).


Defining 'DH1 3'

This analysis is limited to properties whose postcode starts with "DH1 3", 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 labels to change to a neighbouring 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 metre

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

£ per sqm = price ÷ internal area
E.g. 19, Roundhaven, Durham, sold for £173,000 on Feb-2024. Given the internal area of 63 square metres, the price per sqm is £2,746.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 77 sales in Durham (DH1 3) that took place in the last two years.

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

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 3). Of the 77 transactions, half were sold for between £2,540 and £3,710 per square metre. The median, or 'middle', price per square metre in 'DH1 3' is £2,990. Notably, only 25% of properties that sold recently were valued at more than £3,710 sqm. 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 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DH1 1 Durham £1,690 sqm £2,090 sqm £2,660 sqm
DH1 2 Durham £1,670 sqm £2,100 sqm £2,600 sqm
DH1 3 Durham £2,540 sqm £2,990 sqm £3,710 sqm
DH1 4 Durham £2,540 sqm £2,920 sqm £3,490 sqm
DH1 5 Durham £1,720 sqm £2,180 sqm £2,680 sqm

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 3 (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 metre in Durham,Durham
House price trends for Durham

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 3 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 £sqm Recent sales
New Elvet, Durham, DH1 3D 47 sqm £1,898 13
Hastings Avenue, Durham, DH1 3Q 99 sqm £2,530 10
Illingworth Grove, Durham, DH1 3B 97 sqm £2,730 10
Whinney Hill, Durham, DH1 3B 96 sqm £4,435 9
Hallgarth Street, Durham, DH1 3A 132 sqm £2,884 8
Chipchase Grove, Durham, DH1 3F 157 sqm £3,218 8
Back Silver Street, Durham, DH1 3R 75 sqm £3,735 8
Roundhaven, Durham, DH1 3T 98 sqm £2,415 8

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Muirfield, Durham, DH1 3W 133 sqm £3,025 10

Muirfield, Durham, DH1 3W has seen 10 new build sales in the last 4 years (average price £416,654). These new build homes typically have an internal area of 133 sqm, with an average price of £3,025 sqm. This £sqm average is £35 above the average for DH1 3. New builds typically command a £ per sqm premium so this is normal.

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 sqm £/sqm
19, Roundhaven, Durham £173,000
Feb-2024
63 2,746
1, Chipchase Grove, Durham £475,000
Jan-2024
128 3,710
2 Clements Wharf, Back Silver St, Durham £299,950
Jan-2024
64 4,686

See the entire list of all sales in Durham (DH1 3) 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.