Pelaw Square - DH2 2HB
Key Postcode Insights
DH2 2HB is a residential postcode situated on Pelaw Square, Chester Le Street, DH2 with 28 addresses.
It ranks as the 464th largest and 127th most expensive of the 679 postcodes in the DH2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £100,414
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £754pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £128/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Key Postcode Insights
DH2 2HB is a residential postcode situated on Pelaw Square, Chester Le Street, DH2 with 28 addresses.
It ranks as the 464th largest and 127th most expensive of the 679 postcodes in the DH2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £100,414
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £754pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £128/ft²
- Ave. Gross Yield
- 9.0%/year/yr
Explore Propertiesin DH2 2HB
- 1 Pelaw Square
Unknown
- 3 Pelaw Square
3 Bed Early-century House
- 5 Pelaw Square
3 Bed Mid-century House
- 7 Pelaw Square
Unknown
- 9 Pelaw Square
3 Bed Mid-century House
Sales Market Trends
The last sale in DH2 2HB sold for £98,000 on 13th November 2025. Since then prices are up an average of 2.4%.
The current average value in the postcode is £100,414.
The DH2 2HB Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £100,414 |
| June 2025 | -0.3% | £100,400 |
| June 2024 | 1.9% | £100,705 |
| June 2023 | 2.9% | £98,849 |
| June 2022 | 7.9% | £96,042 |
| June 2021 | 8.5% | £88,994 |
| June 2020 | 1.3% | £82,016 |
| June 2019 | 0.3% | £80,960 |
| June 2018 | 3% | £80,756 |
| June 2017 | -0.5% | £78,413 |
| June 2016 | 1.8% | £78,803 |
| June 2015 | 0.5% | £77,421 |
| June 2014 | 2.7% | £77,053 |
| June 2013 | 0.4% | £75,026 |
| June 2012 | -4.5% | £74,703 |
| June 2011 | -0.7% | £78,252 |
| June 2010 | 2.4% | £78,786 |
| June 2009 | -9.8% | £76,952 |
| June 2008 | -3.8% | £85,311 |
| June 2007 | 0% | £88,694 |
Rental Market Trends
The current average rental value in the postcode is £754.
The DH2 2HB Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £754pcm |
| June 2025 | 5.6% | £733pcm |
| June 2024 | 6.9% | £694pcm |
| June 2023 | 7.4% | £650pcm |
| June 2022 | 10.5% | £605pcm |
| June 2021 | 6.5% | £547pcm |
| June 2020 | 2% | £514pcm |
| June 2019 | 0.4% | £504pcm |
| June 2018 | 1.3% | £502pcm |
| June 2017 | 0.4% | £495pcm |
| June 2016 | -0.5% | £493pcm |
| June 2015 | 0.2% | £496pcm |
| June 2014 | -0.9% | £495pcm |
| June 2013 | 0.6% | £499pcm |
| June 2012 | -1.5% | £496pcm |
| June 2011 | -0.4% | £504pcm |
| June 2010 | -1.9% | £506pcm |
| June 2009 | -3.3% | £516pcm |
| June 2008 | 3.8% | £533pcm |
| June 2007 | 0% | £514pcm |
Sales History
The last sale was on 13th November 2025 for £98,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 21 sales since 1995.
DH2 2HB has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£98,000 | 3 Bed House9, Pelaw Square, Chester Le Street, DH2 2HB9, Pelaw Square, Chester Le Street, DH2 2HB
- Sold Apr 2023£85,000 | 3 Bed House5, Pelaw Square, Chester Le Street, DH2 2HB5, Pelaw Square, Chester Le Street, DH2 2HB
- Sold Feb 2021£69,000 | 3 Bed House5, Pelaw Square, Chester Le Street, DH2 2HB5, Pelaw Square, Chester Le Street, DH2 2HB
- Sold Jan 2021£84,000 | 3 Bed House15, Pelaw Square, Chester Le Street, DH2 2HB15, Pelaw Square, Chester Le Street, DH2 2HB
- Sold Dec 2020£72,500 | 3 Bed House5, Pelaw Square, Chester Le Street, DH2 2HB5, Pelaw Square, Chester Le Street, DH2 2HB
Nearby Postcodes
DH2 2HB is the 464th largest and the 127th most expensive postcode out of the 679 postcodes in the DH2 area.
- DH2 2HU, Pelaw Crescent, Chester Le Street, DH2DH2 2HU70 Addresses|59 m away
- DH2 2HA, Pelaw Square, Chester Le Street, DH2DH2 2HA22 Addresses|83 m away
- DH2 2EZ, The Close, Chester Le Street, DH2DH2 2EZ27 Addresses|105 m away
- DH2 2HE, Conyers Road, Chester Le Street, DH2DH2 2HE50 Addresses|113 m away
- DH2 2HN, Conyers Place, Chester Le Street, DH2DH2 2HN16 Addresses|139 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 17 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- mid-century house (4)
- early-century house (17)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (8)
- G (0)
- D (12)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Nov 2025£107,000 | 3 Bed House8, Pelaw Square, Chester Le Street, DH2 2HA8, Pelaw Square, Chester Le Street, DH2 2HA
- Sold Mar 2014£106,000 | 3 Bed House30, Pelaw Square, Chester Le Street, DH2 2HA30, Pelaw Square, Chester Le Street, DH2 2HA
- Sold Nov 2025£98,000 | 3 Bed House9, Pelaw Square, Chester Le Street, DH2 2HB9, Pelaw Square, Chester Le Street, DH2 2HB
Schools Nearby
- Chester-Le-Street CofE (Controlled) Primary School300 m away
- Cestria Primary School1.1 km away
- Bullion Lane Primary School1.2 km away
- Park View School1.2 km away
- Hermitage Academy1.6 km away
- Lord Lawson of Beamish Academy3.3 km away
More reading links
Public Transport Nearby
The closest station to DH2 2HB is Chester-le-Street station, which is 1.1 kilometres away.
- Chester-le-Street|1.1 km away
- Durham|9.4 km away
- Heworth|9.9 km away
- Dunston|10.3 km away