House prices in DH6 2 (Shotton Colliery)

This article reveals price per square metre data and various charts to help you understand current housing market in 'DH6 2' (Shotton Colliery, Bowburn) - statistics were last calculated on 30 August 2024.


Defining 'DH6 2'

This analysis is limited to properties whose postcode starts with "DH6 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 Shotton Colliery.

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 metre

Knowing the average house price in Shotton Colliery 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. 33, Quin Square, Shotton Colliery, Bowburn, sold for £57,000 on Jul-2024. Given the internal area of 82 square metres, the price per sqm is £695.

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 196 sales in Shotton Colliery (DH6 2) that took place in the last two years.

Distribution of £ per sqm for Shotton Colliery, Bowburn
Distribution of £ per sqm house prices in Shotton Colliery

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 Shotton Colliery (DH6 2). Of the 196 transactions, half were sold for between £890 and £1,660 per square metre. The median, or 'middle', price per square metre in 'DH6 2' is £1,220. Notably, only 25% of properties that sold recently were valued at more than £1,660 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 Shotton Colliery, Bowburn

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 Bowburn. 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 Shotton Colliery
House price heatmap for Shotton Colliery, Bowburn

Comparison with neighbouring postcode sectors

The table below shows how 'DH6 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DH6 1 Sherburn Village £1,270 sqm £1,670 sqm £2,200 sqm
DH6 3 Wheatley Hill £900 sqm £1,120 sqm £1,540 sqm
DH6 5 Bowburn £1,130 sqm £1,610 sqm £1,970 sqm
DH6 2 Shotton Colliery £890 sqm £1,220 sqm £1,660 sqm
DH6 4 Coxhoe £1,060 sqm £1,290 sqm £1,910 sqm

Will Bowburn 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 DH6 2 (Shotton Colliery) compared with both the wider area DH6 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 Shotton Colliery,Bowburn
House price trends for Shotton Colliery

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 DH6 2 sales
Recent trends for Shotton Colliery

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 Bowburn 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 Bowburn 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
Hanover Crescent, Shotton Colliery, DH6 2N 80 sqm £1,588 23
Kestrel Way, Shotton Colliery, DH6 2B 101 sqm £1,591 15
Charters Crescent, Shotton Colliery, DH6 2T 80 sqm £1,146 14
Brackenridge, Shotton Colliery, DH6 2Q 95 sqm £1,572 13
Poppy Lane, Shotton Colliery, DH6 2L 86 sqm £1,617 12
Victoria Street, Shotton Colliery, DH6 2L 80 sqm £685 11
Sorrel Close, Shotton Colliery, DH6 2L 93 sqm £1,749 11
Regent Court, Shotton Colliery, DH6 2T 72 sqm £1,661 11

Search for your street here.

Raw data

Our analysis of Shotton Colliery 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
33, Quin Square, Shotton Colliery, Bowburn £57,000
Jul-2024
82 695
21, Pinedale Drive, Shotton Colliery, Bowburn £129,000
Jul-2024
60 2,150
24, Salters Lane, Shotton Colliery, Bowburn £71,000
Jul-2024
85 835

See the entire list of all sales in Shotton Colliery (DH6 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.