House prices in DH4 6 (West Rainton)

This article reveals price per square metre data and various charts to help you understand current housing market in 'DH4 6' (West Rainton, Houghton Le Spring) - statistics were last calculated on 04 October 2024.

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Defining 'DH4 6'

This analysis is limited to properties whose postcode starts with "DH4 6", 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 West Rainton.

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 metre

Knowing the average house price in West Rainton 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. 3, Blumer Street, West Rainton, Houghton Le Spring, sold for £37,500 on Jul-2024. Given the internal area of 83 square metres, the price per sqm is £451.

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. £1,350-£1,500, £1,500-£1,650, £1,650-£1,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 168 sales in West Rainton (DH4 6) 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 West Rainton (DH4 6). Of the 168 transactions, half were sold for between £1,360 and £2,320 per square metre. The median, or 'middle', price per square metre in 'DH4 6' is £1,940. Notably, only 25% of properties that sold recently were valued at more than £2,320 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 West Rainton, 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 West Rainton, Houghton Le Spring

Comparison with neighbouring postcode sectors

The table below shows how 'DH4 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
DH4 5 Houghton Le Spring	£1,160 sqm	£1,590 sqm	£2,050 sqm
DH4 7 Penshaw	£1,170 sqm	£1,600 sqm	£2,290 sqm
DH4 6 West Rainton	£1,360 sqm	£1,940 sqm	£2,320 sqm
DH4 4 Houghton Le Spring	£1,080 sqm	£1,680 sqm	£2,220 sqm

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 6 (West Rainton) 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 £sqm	Recent sales
Whitworth Park Drive, West Rainton, DH4 6G	110 sqm	£1,988	31
Woodland View, West Rainton, DH4 6R	81 sqm	£1,118	19
Chalk Hill Road, West Rainton, DH4 6N	83 sqm	£2,073	16
Finchale View, West Rainton, DH4 6S	75 sqm	£1,712	14
Watergate, West Rainton, DH4 6G	126 sqm	£2,245	14
Fair View, West Rainton, DH4 6R	84 sqm	£1,167	13
Eastgate, West Rainton, DH4 6G	85 sqm	£2,008	11
Glanville Drive, West Rainton, DH4 6N	93 sqm	£2,199	10

Search for your street here.

Raw data

Our analysis of West Rainton 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
3, Blumer St, West Rainton, Houghton Le Spring	£37,500 Jul-2024	83	451
22, Medwyn Close, West Rainton, Houghton Le Spring	£46,000 Jul-2024	88	522
49, Glanville Drive, West Rainton, Houghton Le Spring	£205,000 Jun-2024	79	2,594

See the entire list of all sales in West Rainton (DH4 6) here.