House prices in DH4 4 (Houghton Le Spring)

This article reveals price per square foot data and various charts to help you understand current housing market in 'DH4 4' (Houghton Le Spring) - statistics were last calculated on 30 August 2024.

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Defining 'DH4 4'

This analysis is limited to properties whose postcode starts with "DH4 4", 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 Houghton Le Spring.

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

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

Price per square foot

Knowing the average house price in Houghton Le Spring 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. 19, Cellar Hill Terrace, Houghton Le Spring, sold for £101,500 on Jul-2024. Given the internal area of 1,076 square feet, the price per sqft is £94.

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. £176-£185, £185-£195, £195-£204 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 108 sales in Houghton Le Spring (DH4 4) that took place in the last two years.

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 Houghton Le Spring (DH4 4). Of the 108 transactions, half were sold for between £100 and £206 per square foot. The median, or 'middle', price per square foot in 'DH4 4' is £156. Notably, only 25% of properties that sold recently were valued at more than £206 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 Houghton Le Spring

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 Houghton Le Spring. 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 Houghton Le Spring

Comparison with neighbouring postcode sectors

The table below shows how 'DH4 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
DH4 5 Houghton Le Spring	£107 sqft	£147 sqft	£190 sqft
DH4 7 Penshaw	£108 sqft	£148 sqft	£212 sqft
DH4 6 West Rainton	£126 sqft	£180 sqft	£215 sqft
DH4 4 Houghton Le Spring	£100 sqft	£156 sqft	£206 sqft

Will Houghton Le Spring 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 DH4 4 (Houghton Le Spring) compared with both the wider area DH4 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Houghton Le Spring 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 Houghton Le Spring 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
Aberford Drive, Houghton Le Spring, DH4 4Z	0 sqft	£216	11
Durham Road, Houghton Le Spring, DH4 4D	775 sqft	£116	11
Bourn Lea, Houghton Le Spring, DH4 4P	742 sqft	£197	10
Briar Lea, Houghton Le Spring, DH4 4P	893 sqft	£167	9
Fletcher Crescent, Houghton Le Spring, DH4 4L	990 sqft	£92	8
Trinity Park, Houghton Le Spring, DH4 4U	0 sqft	£191	8
Herrington Mews, Houghton Le Spring, DH4 4N	925 sqft	£216	8
Hunter Street, Houghton Le Spring, DH4 4P	957 sqft	£102	6

Search for your street here.

Raw data

Our analysis of Houghton Le Spring 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
19, Cellar Hill Terrace, Houghton Le Spring	£101,500 Jul-2024	1,076	94
15, Brompton Terrace, Houghton Le Spring	£106,000 Jun-2024	957	110
135, Briar Lea, Houghton Le Spring	£115,000 Jun-2024	979	117

See the entire list of all sales in Houghton Le Spring (DH4 4) here.