# House prices in DH3 2 (Birtley)

## Defining 'DH3 2'

This analysis is limited to properties whose postcode starts with "DH3 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 Birtley.

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 Birtley 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. 10, Kirkstone, Birtley, sold for £178,000 on Feb-2024. Given the internal area of 73 square metres, the price per sqm is £2,438.

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. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 106 sales in Birtley (DH3 2) that took place in the last two years.

##### Distribution of £ per sqm for Birtley
Distribution of £ per sqm house prices in Birtley

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 Birtley (DH3 2). Of the 106 transactions, half were sold for between £1,440 and £2,280 per square metre. The median, or 'middle', price per square metre in 'DH3 2' is £1,800. Notably, only 25% of properties that sold recently were valued at more than £2,280 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 Birtley

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 Birtley. 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.

House price heatmap for Birtley

## Comparison with neighbouring postcode sectors

The table below shows how 'DH3 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DH3 2 Birtley £1,440 sqm £1,800 sqm £2,280 sqm
DH3 3 Chester Le Street £1,140 sqm £1,460 sqm £1,900 sqm
DH3 1 Birtley £1,120 sqm £1,600 sqm £2,160 sqm
DH3 4 Great Lumley £1,680 sqm £2,250 sqm £2,520 sqm

## Will Birtley 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 DH3 2 (Birtley) compared with both the wider area DH3 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 Birtley,Birtley
House price trends for Birtley

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 DH3 2 sales
Recent trends for Birtley

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 Birtley 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 Birtley 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
Dorset Avenue, Birtley, DH3 2D 79 sqm £1,181 17
Ambleside Court, Birtley, DH3 2E 97 sqm £1,885 13
Tantallon, Birtley, DH3 2J 96 sqm £2,369 12
Dunvegan, Birtley, DH3 2J 91 sqm £1,859 10
Fellside, Birtley, DH3 2N 90 sqm £1,096 9
Durham Place, Birtley, DH3 2A 95 sqm £1,934 8
Highbury Close, Birtley, DH3 2E 103 sqm £2,053 7
Lamorbey Walk, Birtley, DH3 2D 110 sqm £2,774 7

## New build activity

Street Avg size Avg £sqm New build sales
Wanstead Crescent, Birtley, DH3 2B 95 sqm £2,431 18
Cuthbert Park, Birtley, DH3 2A 73 sqm £2,289 24

Wanstead Crescent, Birtley, DH3 2B has seen 18 new build sales in the last 4 years (average price £252,454). These new build homes typically have an internal area of 95 sqm, with an average price of £2,431 sqm. This £sqm average is £631 above the average for DH3 2. New builds typically command a £ per sqm premium so this is normal.

## Raw data

Our analysis of Birtley 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.